New build offers can now be extended for up to an additional 6 months We would like to inform you that we can now consider extending our New Build offers for a further 6 months, subject to: Up to date income verification and affordability assessment. Up to date valuation (initial valuation valid for up to [...]

We’re happy to tell you about some positive changes that we made it easier for you and your clients to work with us. We're Removing both the £10k minimum annual bonus threshold and the annual bonus capping in line with salary for affordability purposes. Increasing our New Build house purchase LTV to 90%. Increasing our [...]

You can access case tracking (MATS) directly from Introducer Internet All in one place! You can track all your cases, upload documents and send us notes on your case. Later this year You'll no longer be able to use your case ID and password to access MATS so make sure you register your mortgage administrator For more information see [...]

Watch our very first quarterly update where Robert Gardner, Nationwide's Chief Economist, talks about the outlook for the UK economy, housing market and house prices. We look forward to sharing these updates with you throughout the year. Watch now

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: Enterprise explain why intermediaries are using them; Atom Bank want you to use their app; Principality extend new build offers; Barclays introduce an [...]

March 2018 marks the 2-year anniversary of the huge spike in Buy-to-Let purchases ahead of the Stamp Duty surcharge. You’ll likely remember how busy it was this time two years ago. Bidding to avoid the 3% surcharge in Stamp Duty on BTL purchases, many of your landlord clients were rushing to secure finance to add [...]

TFC has started a yearlong series of events designed to improve brokers learning within the specialist lending market. We are covering a host of topics across the country including: Bridging Finance Challenges in the buy-to-let market Commercial Finance Supporting Contractors and the Self-Employed Why a Second Charge? The sessions are morning events that are completely [...]

To help more of your clients get the loan amount they need, Virgin Money have increased the flexibility of their buy-to-let underwriting. That’s they we allow clients to include personal income in the affordability test. The rental income must cover 125% of the mortgage interest payment, calculated at a notional rate of 5.50%, with personal [...]

We have increased selected 2 and 5 year fixed rate products by 0.05%. We'll also be extending the end dates across all New Business products. Summary of changes Selected 2 year fixed rates at 65% LTV with a £1,995 fee increased by 0.05% Selected 5 year fixed rates at 50% LTV with £0 and £1,995 fee increased [...]

Refreshed product portfolios for First Time Buyers and Older Borrowers This week, our new product portfolios hit the market introducing 25 new products across our Older Borrower and Residential portfolios. On average, you'll find a reduction of 0.25bps across most product areas as well as some new product options across the portfolios. Rob Pheasey, [...]