With Virgin Money, your customer has the option of up to two guarantors – they need to be a relative and aged 25 or over. It’s a great way to help family members onto the property ladder, and as they don’t go onto the deeds, the guarantor isn’t liable for stamp duty. And with their [...]
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: Together allow residential mortgages up to £1m at 60% LTV Virgin Money are great for guarantors; Fleet brand new 5 year fixed products; [...]
We have closed our 2 shared ownership exclusive products through Censeo – DS01 and FS06. We have changed the minimum share allowed on our other shared ownership products – DS02 and FS05, and the L&G exclusives FS07 and DS03 to 40%. This is effective from 24th November 2107.
We’re cutting rates on 12 of our BTL two-year fixed rate remortgage deals in our range. Selected products at 65% and 75% LTV will be cut by 0.15% from 9am on Friday 24 November. The BTL products being reduced also include those offering our free legal service & cashback incentives. All other products [...]
Virgin Money will continue to accept 2016/17 accounts and SA302s as proof of recent earnings, until the 31st January 2018. Documentation requirements will vary based on the type of company structure (sole trader, limited company, partnership etc.) used by your customers but 2016/17 accounts or SA302s will continue to be acceptable to demonstrate their most [...]
We are making a number of changes across our Residential and Buy to Let product range(s) effective tomorrow, Friday 24th November. These changes include the launch of some competitive purchase products designed to support your high LTV and first time buyer customers who are looking to purchase a home in early 2018. We are launching [...]
Clydesdale Bank Rate Changes LIVE NOW: as advised on Monday, we've made a number of product rate changes which are live today. Contact us Lending policy and new business enquiries: 0800 085 2846 General enquiries: 0800 678 3066 Lines open Monday - Friday 9am to 5:30pm Rate Reductions Product Old Rate New Rate 2 [...]
TFC Homeloans would like to remind all brokers with The Right Mortgage Network that we still have a fantastic 90% packager exclusive available with Kensington Mortgages. The criteria for this offer is detailed below and is even available to first-time buyers, helping more people get on the property ladder. Residential 90% LTV Exclusive rates [...]
Why is the Portal offline? We have identified an error in the Digital Mortgages Portal that we use to do mortgage business with you. We’ve been working to investigate the error in full and test the most appropriate fixes - this work is ongoing. What is the error? In some cases, but not all, [...]
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