With effect from 10am today, Monday 11th April, we're making the following changes to our Capital Select products. We're increasing the interest rates on: ·         Capital Select Super Lite ·         Capital Select Lite ·         Capital Select Gold ·         Capital Select Gold Plus ·         Capital Select Platinum ·         Capital Select Platinum Plus The new interest [...]

Head of Sales – Precise Mortgages and Kent Reliance for Intermediaries James Forth explains how our widened range of acceptable adverse could help you to support more of your customers who’re struggling to secure a residential mortgage. Click here to read more.

We're delighted to introduce a new Limited Edition product to our Residential remortgage range to be launched tomorrow. See new and updated product guides attached. Our new Pepper 60 Limited Edition is available up to 85% LTV on a 5-year fixed term and will give customers the stability of affordable payments in a very uncertain interest [...]

Please refer below for our current service levels to help manage your customer’s expectations for new applications. Important timescales New fully-packaged ‘right first time’ applications to approval are taking on average: Type Average number of working days’ for Underwriting assessment Residential employed 2 w/d Residential self-employed 2 w/d Buy to Let 2 w/d Before [...]

With our new streamlined approach to calculating customers’ Buy to Let applications, you’ll find that you’ll have more time on your hands because: we have two indication calculators – one for smaller landlords and one for portfolio landlords with lower stress rates for like-for-like remortgages and 5 year products, we could lend more to [...]

With a common-sense approach to portfolio cases, West One offer a safe pair of hands to help landlords maintain and grow their portfolio, by delivering finance in a smooth and timely fashion. Our latest case study highlights the benefit of our individual approach to underwriting in successfully supporting portfolio landlords to grow their portfolio. [...]

Whether your clients are looking to purchase their first home, move or remortgage, you may be asked, ‘How long will this take?’ Many factors will affect the length of time it takes to complete a transaction, and some of these factors will be outside the control of you and your client. However, the great [...]

The removal of mortgage interest tax relief has had a significant effect on the buy to let market since its phased reduction was announced in 2017.With landlords no longer able to deduct mortgage interest from their rental income, it’s never been more important for you to understand the tax implications that impact your clients. [...]

On paper, now is a great time to be a residential landlord. More people are looking to rent property than there are homes available, pushing rents and values to record highs. That should mean good business for brokers, with landlords looking to grow portfolios, or remortgage to get the most out of their investments. [...]

From 14 April, TSB has re-introduced 3 Year Fixed (2 year ERC), changed selected Residential rates and extended end dates to end of August. NEW 3 year Fix and Flex product TSB has re-introduced 3 Year Fixed (2 Year ERC) First Time Buyer, House Purchase and Remortgage range. This popular Fix and Flex product [...]