Magellan has improved criteria for buyers who need some flexibility with affordability. With rates from just 2.99% we accept: NEW - Loans up to £1m considered on Near Prime; NEW - Up to 4 applicants; Family gifted deposit and undervalue sales accepted; Builder gifted deposit accepted; Affordability calculation allows up to 40% debt to income; [...]

We’re making the following changes to our residential product range at 9am on Monday 9 October: New residential products We are launching 2 new ERC free products at 85% & 90% LTV. Both are available for home purchase and remortgage. These new deals have a free valuation incentive and a £995 product fee. Residential rates [...]

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 Money case study: Right to buy a property valued at £170,000 and the purchase price £66,100, so we do not require [...]

Legal & General Mortgage Club has launched a free live chat facility within its Mortgage Support Services team. The new tool aims to provide an additional level of support for members, enabling advisers to contact the Support Services team directly with questions. By utilising an online chat forum, and creating a transcript of the conversation, [...]

Together case study Together are new on panel, so whenever you have a case that involves non-standard purchases, property, income or credit, we’re here to do our best to find a solution. Example Together case study: Right-to-Buy mortgages on a tenth-floor property The client, a first-time buyer, wants to buy his tenth floor flat under [...]

TFC Homeloans are delighted to announce the merger with Solent Mortgage Services is now fully completed and wish to thank all our partners for the overwhelmingly positive feedback. As you know we have been on a journey over the last few months and have been working hard to improve our service levels and align our [...]

CREDIT CRITERIA  DIP form First-Time buyer 3.49% -  3 yr discount [DF04] 3.69%  - 2 yr fixed 31/01/21 [FF04] more details Credit Repair 3.99% - 3 yr discount [CR03] more details Retirement 3.29% - 3 yr discount  [RE03] 3.69% -  3 yr fixed to 30/11/20 [RE04] more details Contractors 3.99% - 3 yr discount  [DC14]  more details  Buy to let [...]

We're pleased to confirm that our systems have successfully been updated to reflect the Prudential Regulation Authority's (PRA) changes to portfolio landlord underwriting standards.   As a reminder, full details of our policy and our new supporting documents are available on our dedicated portfolio landlord webpage. In addition to our Business Plan template, Property Schedule [...]