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: Less stress and more yes with buy to let lending and Virgin Money; Barclays launch new buy to let portfolio landlord products; TSB introduce [...]

Chorley Building Society has improved their 95% LTV product by reducing the term from 3 years to 2 years, increasing the discount to 2.5% and replacing the 0.75% scheme fee with a fixed fee of £499. Available to new, first time buyers and home movers, for mortgages secured against their main residential property. This product [...]

Pepper Money have simplified its criteria across all of its product tiers for borrowers with adverse credit. The simplified product tiers, which range from Pepper 6 to Pepper 48, make it easier for brokers to quickly recognise the criteria that applies to their client’s circumstances. Pepper 48, which has rates starting from 2.17%, is available [...]

We've widened our support for Older Borrowers Our Retirement Interest Only (RIO) mortgage is available to applicants over the age of 55 who are looking for an interest only mortgage with no plans to downsize and wish to remain in their home. Retirement Interest Only Our new product range is available to clients who are: [...]

Thanks to the innovative Refurbishment Buy-to-let Product by Precise Mortgages, you can now offer the flexibility of bridging finance and the security of a long-term buy-to-let mortgage, in one simple package. That means One form. One underwriter. One valuer. One solicitor.  And, most importantly for you, one very happy customer. Great news for your property investors and [...]

We are pleased to announce the launch of new 3mc 80% LTV HMO Exclusives with Precise Mortgages. The products are available for both limited companies and individuals for up to 8 bedroom HMO's. The 2 year product is fixed at 3.19%. Click here for the product guide To obtain a lender DIP for Limited Company cases click here [...]

Our Capital Select Options allow your customers to pay up to 10% of their initial loan balance each year, without facing an early repayment charge. Flexibility They can make payments as and when they like, from as little as £50. We accept voluntary payments via cheque, debit card, bank transfer and standing order. They can [...]

The minimum balance an existing Royal Bank Or NatWest customer must have in order to select a new deal with ourselves will be reduced from £25,000 to £10,000, meaning that all residential customers with an “able-to-switch” balance larger than £10,000 will be eligible to switch to a new mortgage product. As a result, all existing [...]

As of Monday 19th November, Hanley Intermediaries will be lending in mainland Scotland. Our Residential and Self-Build products lines will all be available to Scottish applicants. To be clear, this includes (but isn’t limited to); Standard Residential Mortgages Retirement Interest Only Shared Ownership First Time Buyers Near Prime Applicants The only restrictions are; We will [...]

Time is running out for members of the armed forces to take advantage of the Forces Help to Buy scheme. Applications for the scheme, which is available to regular service men and women, must be submitted by 31st December 2018. The scheme enables military personnel to borrow up to 50% of their gross annual salary [...]