Following the implementation of our PRA Phase 2 changes, you may have noticed some differences to our application process. One of the main changes is that we are now asking for further information about your customers' property portfolios by the completion of a property schedule. It is essential that we receive the fully completed schedule at the [...]

We would like to inform you that we are reducing the rates of the below buy to let mortgage products and introducing a new buy to let product. These changes will be live at 9:00am on Wednesday 16th August 2017. Product code 11071 will be removed from sale and replaced with product code 11142 (1.95% [...]

On Friday 18 August, Halifax are making the following changes to the product range Withdrawing all existing products and replacing with new products to extend end dates by three months. All rates remain the same except 2 year Homemover 90% LTV rates reduced by 0.20% All Product Details can be viewed here.

Remember Barclays Offers: Fees Free Remortgage Packages 6 month offers to help engage early and secure the great rates on offer today Capital raising up to 85% LTV Existing Customer Rewards Range for long term piece of mind when future rate maturities occur after remortgage. [pdf-embedder url="https://therightmortgage.co.uk/wp-content/uploads/2017/08/Barclays-networks_DYK_Remortgage_-July-2017.pdf" title="Barclays networks_DYK_Remortgage_ July 2017"]

New Fixed Rate Products Additional funding secured, as a consequence we have now re-launched FE071, FE072 and RFE038   Product Restrictions Please note restricted income multiples continue to apply to our 95% product range, defined as product codes FE072, DE0103 and RDE061  – all applications subject to maximum 3.49 x single or 2.74 x joint [...]

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: The Marsden show how they can help you in a growing market; NatWest change the way they assess mortgage applications from higher earning self-employed contractors; [...]

Virgin Money have revised the way they calculate affordability so that they can offer more of your customers the loan amount they want.  They also offer: Six-month standard offer – plus a six-month extension if needed (subject to underwriting criteria). Unlimited non-cash incentives (including finishing touch vouchers). Cash incentives and part-exchange of up to 5% [...]

More great news from  Natwest  Intermediary Solutions. On Friday 11th August, we are introducing some changes to our core and semi-exclusive ranges. Here’s a summary of the changes, Core Rate reductions on two residential 95% LTV deals Rate reductions of between 7-156bps on many 2 and 5 year purchase and remortgage buy-to-let deals Product fees [...]

We would like to inform you that we have reintroduced three mortgage products today. Product code 11049 (1.95% p.a fixed until 31.08.2022 at 65% LTV) 11058 (1.55% p.a fixed until 31.08.2019 at 80% LTV) and 11059 (1.70% p.a fixed until 31.08.2019 at 80% LTV) . Please download the broker bulletin for details of the whole mortgage range. [...]

On Thursday 3 August, Bank of Ireland for Intermediaries is launching a new product range. It will offer a great selection of 2, 3 and 5 year fixed rate products. Residential 60% LTV rates starting  from 1.13% for 2 year fixed and 1.99% for 5 year fixed 85% rates starting from 1.48% for 2 year fixed [...]