Magellan Homeloans: It’s an exciting time to work with us
Speak to one of our friendly and knowledgeable team at the mortgage desk about any of our mortgage products and services on: 0207 197 9424.
Speak to one of our friendly and knowledgeable team at the mortgage desk about any of our mortgage products and services on: 0207 197 9424.
As a result of your feedback, we've removed our £150 application fee for all new applications. Case tracking with TMW Online. TMW Online is the quickest and easiest way to get updates on your applications. Within TMW Online, by clicking 'My cases' and then 'Case tracking', you can: View case requirements and valuation events Upload documents using scan [...]
You’re in a rush, your client wants an answer on that AIP ASAP and you’ve got 10 minutes before your next appointment. Do you pause for a moment and give us a call? Yes you do! Accord’s Business Development Advisers will save you time by answering your questions and making sure you know exactly how [...]
On 30th September, the PRA's new underwriting standards will come into force and landlords with four or more mortgaged Buy to Let properties will be defined as 'portfolio landlords'. Anyone lending to portfolio landlords will need to make changes to the way they assess these applications due to their complex nature. The maximum number of [...]
In 2016 and 2017 there’ve been a lot of changes to the buy to let (BTL) market. Leeds Building Society is easing the pressure for you and your clients, with a simplified application process and updated lending criteria. What Leeds Building Society is doing to support you: Increased their maximum portfolio size from 8 properties [...]
Virgin Money know that your customers love their family and friends and they like to have them over to stay, so that’s why they accept properties which include a large house and a single annex. For more information speak to your dedicated BDM.
Together are now on panel Whenever you have a case that involves non-standard purchases, property, income or credit, we’re here to listen to you and do our best to find a solution. If you have a case which involves any or all of the above, or if you have a query on whether we [...]
Welcome to this week's Mortgage Update. Be sure to have a look through as there is sure to be some information pertinent to you. Included in this week's update: In advance of new BTL underwriting standards established by the PRA, Clydesdale Bank, Leeds and Barclays are able to share with you their new approaches to portfolio [...]
Lending policy and new business enquiries: 0800 085 2846 General enquiries: 0800 678 3066 Lines open Monday - Friday 9am to 5:30pm New Residential Products - 2 year fixed to 60% LTV with a rate of 1.24% and an arrangement fee of £999 (loans £80k-£499,999) or £1,499 (loans £500k-£1m) - 5 year fixed to 60% [...]
At Magellan, we understand that life is complicated. It’s natural to try and simplify borrower circumstances, to tidy everything up with restrictive credit scoring – but reality just doesn’t work like that. There’s more to every situation than ticks in boxes and that’s why we guarantee 100% manual underwriting on every single case. No credit [...]