This week, LiveMore announce that they will be reducing their ERCs on their ‘unique to the market’ long-term fixed products - with the highlight being their popular 10YR Fixed now only having an early repayment charge for 5 years. Alison Pallett, Managing Director of Sales, LiveMore says: ‘we recognise the turbulent period we are [...]

On Wednesday 15 June 2022 we will temporarily withdraw selected Mainstream residential products from our mortgage range for New Business. Product Changes New Business Mainstream 3 year fixed rate products at 60% to 75% LTV with £1499 fee temporarily withdrawn (M3171) 3 year fixed rate products at 80% to 90% LTV with £1499 fee [...]

If you have recently been refused a remortgage or further advance for vital debt consolations needs, a second charge mortgage could be the ideal solution? When debt consolidation is necessary, we can provide support, advice, and a quick solution to reduce multiple large payments into one easy monthly repayment with a second charge mortgage. Second [...]

Foundation Home Loans will re-fresh its current BTL & Limited Company products on the morning of 14 June 2022 as follows: The relaunch of 74 products with amended rates, fees and incentives The launch of 4 new Green products The withdrawal of 74 products Please see the attached. Please update the attached products accordingly. [...]

In April, we diversified our lending portfolio by launching into the Furnished Holiday Let market for both UK and expat applicants. With the holiday let market continuing to grow, we’ve increased our maximum LTV from 70% to 75% across both our Furnished Holiday Let and Expat Furnished Holiday Let ranges to support more of [...]

Product Changes – Available from 14 June 2022 We’re making changes across our Buy to Let (BTL) and Residential product ranges including Shared Ownership, New Build and First Home Scheme. Further details can be found below: Key changes Rate increases across the product ranges of up to 0.66%. End dates extended across BTL 2- [...]

It’s a tumultuous time for the jobs market. One of the big impacts of the pandemic has been to encourage people to reconsider what they really want from their jobs. That may be a better life-balance, a shorter commute, or simply the ability to work from home more frequently. And as a result, employers [...]

Please note that Precise Mortgages will be withdrawing  their Buy To Let 0% fee products with effect from COB tomorrow - 10th June.  Please ensure ALL applications are submitted in full with fees paid to secure these products. Official comms will come out tomorrow morning to confirm. Product codes being withdrawn tomorrow COB: UZT55 [...]

Finding it a challenge to source a sensible mortgage for self-employed clients? At the Family Building Society, we pride ourselves on taking a sensible view on income and trading history. Each application is underwritten by a real person, and we look for reasons to accept applications on its own merit. Our flexible approach means [...]

With our new streamlined approach to calculating customers’ Buy to Let applications, you’ll find that you’ll have more time on your hands because: we have two indication calculators – one for smaller landlords and one for portfolio landlords with lower stress rates for like-for-like remortgages and 5 year products, we could lend more to [...]