Exclusive News Flash - Older Borrowers and Residential Older borrower changes Rates reduced across product range NEW simplified product range from 15 to 4 products NEW 2 & 3 year fixed and discount rates to choose from Affordability calculators updated with latest ONS Retired data Fixed fees for purchase and remortgage Download our Older Borrower mortgage [...]
NatWest has launched new high value remortgage rates for new and existing customers who have a mortgage of £500k and over. Until now we have based all products on LTV; however we are introducing 12 new products that are being priced according to loan balance and LTV. We’ve re-launched 12 products from our existing range [...]
Aldermore’s specialist mortgages give credit where credits due Today Aldermore launched two new levels of products across its residential range, these new ranges have extended credit criteria and are ideal for clients who may not have previously fit their criteria. Now considered across their Standard Level 2 and/or 3 ranges: Mortgage or secured loan arrears [...]
Pepper Money has revamped its product range with a wealth of fresh criteria to make it easier for brokers to place their interesting cases. The new criteria includes: Small utilities, communications and mail order defaults can now be ignored on Pepper 6, Pepper 12, Pepper 18 and Pepper 24. Interest only is now available as [...]
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: Marsden announce product and criteria changes; NatWest launch high value remortage rates; Register for the Buildloan right to build roadshow; Clydesdale Bank launch [...]
Pepper Money is an award-winning specialist lender offering Residential and Buy to Let mortgages exclusively through intermediaries. Our aim is quite simple: to help you write more business. We do this by combining competitive pricing with skilled manual underwriting, and an appetite for those interesting cases which increasingly cross your desk. We can help with [...]
Yes, it’s true…Buy to Let portfolio landlords We only accept portfolio landlords for remortgages without capital raising which meet our eligibility criteria for transitional arrangements Transitional arrangements criteria: New Buy to Let (BTL) remortgage application must not be capital raising BTL property must have been purchased before 1 January 2017 No increased lending has been [...]
Our underwriters are able to assess each case manually and on merit. This personal approach means we could help a wider range of your clients. Non-standard income - We’ll discuss non-standard income streams and more complex income structures to see if we can find a way to assist your clients; Self-employed - To calculate income, we use [...]
We have moved our head office to a larger premises within Staines-upon-Thames as we look to double our lending volumes in 2018, following a successful first year of trading. Guy Batchelor, Sales & Marketing Director at Vida comments: “We are presently in full recruitment drive, as we look to build on 2017’s success by more [...]
Latest news from Earl Shilton Building Society Discount increase - All discounts on existing schemes have been increased by 0.25% meaning the pay rate has reduced by 0.25%. These are detailed on the attached product guide, along with the three new products detailed below. Self-build product rate reduction - The Self-build product rate has changed [...]
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