Many advisers and clients are left frustrated with their lender journey. Many would argue the root cause is a lack of common sense in assessing the case. However, did you know that at West One, our manual underwriting process applies a common-sense approach to all cases? From handling a complex limited company portfolio to [...]

Imbalances in the property market have pushed house prices to a record high with the average house price breaking through the £360,000 barrier for the first time (Rightmove House Price Index), this has put significant pressure on first time buyers and their ability to purchase their first home. Let’s look at some first-time buyer [...]

As a specialist buy-to-let lender, Zephyr Homeloans is dedicated to helping you and your landlord clients. They have a range of deals for both purchases and re-mortgages, with discounted rates for properties with EPC ratings of A-C. And with broad buy-to-let criteria and manual underwriting provided by underwriters you can speak with; Zephyr could [...]

As part of a widescale review of our partnerships with mortgage intermediaries, brokers advising Hinckley & Rugby’s existing Residential and Buy to Let borrowers on their product transfers will be entitled to a 0.20% procuration fee, as of 25 April. Mortgage intermediaries wanting to learn more about Hinckley & Rugby’s product transfer process can do [...]

We’ve made some improvements to our affordability calculator to make submitting business to us easier. We now have one simplified calculator for all our residential lending (including Shared Ownership, Older Borrower, Retirement Interest Only and Expat Residential). Simply select the lending type from the dropdown box. We’ve condensed the amount of expenditure details you [...]

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. Our lender updates include Mansfield launches into limited company and Expat holiday let Bank of Ireland: Are you looking for a large loan for your client? LiveMore: Mortgages [...]

Please find attached mailer detailing changes to Bonus/Commission and Overtime and New Products that can be shared with your members, advisers, partners and internal teams. What’s new? Variable income – Bonus/Commission/Overtime ○ We will now accept 60% of Bonus/Commission/Overtime from the last years P60 Residential ○ Re introduction of our 75% LTV products with [...]

Our Bespoke service gives you access to loans up to £2.5 million. As long as your client meets our five golden rules our underwriters will take a common sense approach. They’ll assess everyone as an individual whether they are employed, self employed or receive variable pay. How can we help your clients? We can [...]

At NatWest Intermediary Solutions we’re delighted to announce a significant improvement to our mortgage lending criteria – an increase to both the maximum term and age. Effective immediately, customers applying via an intermediary, will be able to apply for a residential mortgage up to age 75 and up to 40 years. This is available [...]

You’ve been telling us what you are looking for and we have responded! Today we are excited to launch our new product offering – LiveMore 1,2,3 and 4.  This new tiering will enable us to offer more options to your customers and give wider reach across the market. The LiveMore tiering structure allows you [...]