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: HSBC change income policy for self-employed mortgage customers; Santander reduce higher LTV fixed rates by up to 0.33%; Molo update buy to let [...]

Richard and Julie are 50 & 51 and married with three children living at home. They have fluctuating and multiple sources of income including retained profits from their established plumbing business. Unfortunately, a small issue with HMRC four years ago due to a rogue accountant means their credit rating has taken a hit. They [...]

Following our ongoing commitment to ensure our mortgage credit policy is fit for purpose, we’re changing how we evidence income from self-employed mortgage applicants, resulting in a smoother journey for you and your customer. What’s changing? We’re updating the evidential documents we require to support self-employed mortgage applications and are changing the business bank [...]

We are experts in specialist mortgages with a more flexible approach that’s based on people, not products. Our underwriters examine every application, working harder, delving deeper and maybe asking a few more questions to say the one word you want to hear most ‘Yes’. There are lots of reasons why intermediaries are using Saffron [...]

Not registered with Metro Bank? As a registered broker, you will have access to our full range of mortgage products, services and flexible approach to consider applicants on a case by case basis. We are currently underwriting fully packaged cases within 48 hours and answering calls to the broker helpdesk in less than 60 [...]

We’ve reduced selected higher LTV fixed rates by up to 0.33%. Standard range reductions 80% LTV 2 year fixed rate at 1.63% with £999 fee – remortgage – rate reduced by 0.17%; 80% LTV 2 year fixed rate at 1.63% with £999 fee – purchase – rate reduced by 0.21%; 80% LTV 2 year [...]

At Molo we are committed to service and delivering what our brokers need to be able to write more business. As a digital lender our key focus is our speed of service as well as staying competitive in this ever changing market. We are pleased to inform you that our application to underwrite times [...]

The last eighteen months have been difficult for everyone and, as we now come out of various government restrictions, further challenges have emerged for the self-employed who have taken government assistance for their businesses and now need to apply for a mortgage. This has added a new layer of complication to their mortgage application [...]

Exciting news, Hodge have introduced capital repayment across our entire fixed rate 50+ and Holiday Let mortgage range. The changes will apply to new customers taking out a 50+ or Holiday Let mortgage and came into effect from August 10th. Emma Graham, business development director at Hodge, said: “Introducing capital repayment to these mortgage [...]

As one of the UK’s leading specialist lenders, we’re dedicated to providing brokers with decisive solutions. This is made possible thanks to our straightforward criteria and clear decision making. Here's a quick rundown of our current processing times and the speed at which we’re providing necessary case support. Long-term lending - including buy to [...]