We have launched a range of new BTL options, providing greater choice for your applicants. As part of this change we have removed our tracker products. Pipeline: DIP accepts will proceed on the product they have already selected.  If the adviser thinks it is best advice to change, they can re-DIP and select a new [...]

Vida Homeloans can help you get those BTL portfolio cases off your desk with its competitive criteria… Up to 15 properties/£4m with Vida Up to 50 BTL properties in total with average LTV up to 80% 1 year's landlord experience required And its easy process… Check out Vida’s maximum loan and rental income requirement, using [...]

In the know…Interest only – sale of mortgaged property The Interest Only – Sale of Mortgaged Property Customer Declaration is a mandatory document and must be uploaded via Introducer Internet immediately following the application submission The Interest Only – Sale of Mortgaged Property Customer Declaration can be found on SFI website > Literature > [...]

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: The Mortgage Lender launch new buy to let options and network exclusive; Don't forget the Precise Mortgage forces buy to let scheme finishes soon; [...]

We have launched our Capital Select Options. This product reflects our commitment to the equity release market under our new brand, Canada Life. Our Capital Select Options offer: Capital and interest repayments (up to 10% of the initial advance, ERC free) Maximum loan amount of £1 million 8 year fixed ERCs (5% for years 1-5, [...]

Precise Mortgages has launched a limited edition range of Residential Mortgages with rates reduced by up to 0.60% aimed at customers with less than perfect credit profiles. Tier 3 and 4 customers can choose from: 75% LTV from 3.59% 80% LTV from 3.99% 85% LTV from 4.29% Precise Mortgages will consider applications from customers with: [...]

We’ve replaced our existing Key Facts Illustration (KFI) that we issue in our Online Mortgage Transfer Service (OMTS) for product transfers with the European Standardised Information Sheet (ESIS). At this time, we’re only making the change for product transfers. We’ve not changed the KFIs and offers we issue for new business applications. We’ll be changing these [...]

We are pleased to confirm, following your feedback, we are making some positive changes across our Residential purchase range with new products launching tomorrow, Tuesday 6th November, 2018. Key highlight - our competitive First Time Buyer products with a £1000 cashback option will be made available to all Home-Mover purchase clients, except for those who are porting an [...]

Everything you and your clients need to know about our Family Step Mortgages Family Step offers a mortgage solution up to 100% LTV with no need for borrowers to have a deposit and access to rates lower than the typical 90-95% LTV products. Clients need family assistance to support with savings or property to help their [...]

New Build & HTB  launch Really successful and maintaining the 24 hr service for getting valuations instructed to meet developers expectations Criteria Reminders Up to 90% LTV inc flats for New Build Offer extension for a further 6 months ( 6m +6m for New Build Only) We can do up to 5x household income [...]