The Kensington Affordability Tracker uses the models used by mortgage lenders to calculate the borrowing power of a family, after taking account of bills, transport costs and other household living expenses. It tracks the difference between the amount a homeowner could have borrowed, compared to the amount that was loaned. Our latest report shows [...]
Limited distribution product now available through Crystal West One's new limited distribution Buy-to-Let product range is now available through Crystal, offering faster completions and reduced legal fees for qualifying remortgages, including HMO’s, up to £750k. Rates from 3.39% Up to 80% LTV This exclusive product range also covers Ex-Pat’s, Small Licensed HMO’s up to a maximum of 6 units, MUFBs and Holiday Lets (including [...]
From Wednesday 14th August 2019 interest rates will decrease or remain the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New Business All pre-sales illustrations produced on or after Wednesday 14th August 2019 will automatically be processed using the new interest rates All applications received on or [...]
Welcome to this week's Mortgage Update.Please take the time to read through the update as there may be some information that is important to you.Included in this week's update:Aldermore make their buy to let application process better;Marsden provide support for your expat clients;Kensington launch affordability calculator.
Canada Life has announced that it’s lowering the interest rate and increasing the maximum loan-to-value (LTV) for its buy-to-let and second home products. The annualised interest rates for Canada Life’s buy-to-let Lifestyle and buy-to-let Voluntary Select products have reduced from 6.16% and 6.36% to 5.78% and 5.98%. Additionally customers can also now benefit from [...]
Tom and Anna are 75 and 71 respectively and live in Leeds. They currently have an interest only mortgage and the term is about to expire. They’re not keen on downsizing or moving out of their area. Tom is still employed full time as a chef at a local restaurant while Anna is in [...]
We have reduced the JD interest rates on our Just for you lifetime mortgage as follows: Product Available to Cashback Val Minimum Advance Age range Interest rate (MER) without facility J4 Air Mortgage Club 0% Free £10,000 55+ 6.20% J4 Air Mortgage Club 2% Free £10,000 55-85 6.40% J4 Air Mortgage Club 3% Free [...]
In the past five years, there has been a five-fold increase in the number of homeowners choosing to remain in their property and renovate it rather than move home.High property prices, increases in stamp duty and uncertainty over Brexit are just some of the issues encouraging homeowners to stay put and improve their current home. So, [...]
We’ve introduced a 10 year fixed rate option for our Retirement Interest Only Mortgage (RIO). We were the first to bring a RIO to market in June 2018 and we keep listening to our customers, with longer term RIO fixes in particular being a popular request, so from tomorrow we’ll be offering the following [...]
Our interest rates have decreased or remained the same on: New business (Lifestyle Lump Sum Max and Lifestyle Flexible Option) Reserve Release (Lifestyle Flexible Option and Cash Reserve Option) New Business All pre-sales illustrations produced on or after Wednesday 7th August 2019 will automatically be processed using the new interest rates All applications received [...]
© Copyright The Right Mortgage | All rights reserved. | The content of this website is intended solely for the use of financial advisers. | How to make complaint? | Our Policies
The Right Mortgage & Protection Network Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales. Registered Number: 08130498. FCA Number: 649443.
