Chorley Building Society has launched a new Buy-to-Let product for intermediaries, which marks the Society’s return to the market. The key features of the Society’s three year discount Buy-to-Let product can be viewed below. Key Features: Discounted variable rate of 3.99% for the first three years. It then changes to a standard variable rate, currently [...]

Virgin Money allow day one remortgages on both residential and BTL product ranges. In the first six months of ownership the valuation will be based on the original purchase price, unless the applicant has significantly enhanced the value of the property and can evidence their additional expenditure. For more information speak to your dedicated BDM.

We have replaced the following products in our shared ownership and right to buy categories: FS05 replaces FS02 RB03 replaces RB02 Exclusives: FS06 replaces FS03 (Censeo exclusive) FS07 replaces FS04 (L&G exclusive) BL39 replaces BL23 (packager exclusive) BL38 (new packager BTL product)

Everyone in England now has a Right to Build their own home. Right to Build legislation means that those living in England can now register their desire to buy a serviced plot with a view to building or commissioning their own home. Already significant numbers have registered their interest in a plot:- Swindon - 6032 [...]

As you may have become aware in recent media announcements, Mars Capital UK & Ireland of which Magellan Homeloans operates as a trading style was recently acquired by the company Arrow Global plc. As a consequence, from 1st November Magellan Homeloans will operate under a new FCA regulated entity Magellan Homeloans Ltd, FCA Register number [...]

We consider mortgage applications from all sorts of people, with a focus on affordability, we're able to cater for a wide variety of income sources including employed, self-employed, DWP benefits and private pensions. You can benefit from our simple product range, allowing you to easily find the best product for your client needs. Download our [...]

From tomorrow, Thursday 19 October, we're increasing selected 2 year fixed switcher rates, by up to 0.10%. 2 year fixed rate switcher increases 2 year fixed rates at 60%, 75% and 85% LTV increased by 0.10%, now starting at 1.24%. 2 year fixed rate at 80% LTV, with a £999 and £0 fee increased by 0.05% to 1.44% [...]

2017 has seen Furness for Intermediaries implement a range of enhancements to its criteria, products and processes to improve the service and experience it delivers to intermediaries.  The latest improvement to be made is the decision to increase mortgage offer validity periods from 3 months to 6 months, on residential and buy to let cases [...]

For most of us, a mortgage means so much more than just a roof over our heads. It's a way of getting somewhere to call our own. A safe haven. A home. But for the 150,000 young people who asked for help with homelessness last year, that isn’t anything but a distant dream. So when [...]

Our new online submission platform has been designed to simplify the process of submitting cases for portfolio landlords. It is an essential tool for when you are submitting your client’s portfolio landlord cases – in short, your application will not be underwritten until the portfolio submission has been received. That’s why we’ve provided a short list [...]