We’re pleased to announce new rates added to our large loan offering, as well as lower rates across our 90% products. LOWER Residential 90% LTV Now starting from 4.69% for 2 year fixed (£1,299 fee) NEW Large Loan (£500k - £2m) 2 year fixed 75% LTV 2.99%, 0.25% fee 2 year fixed 80% LTV 3.44%, [...]
‘More’ just may be our favourite word. And we’ve just added four more competitive, straightforward mortgage products to our buy-to-let range. There’s a new non-portfolio remortgage, 5 year fixed rate 75% LTV with a free valuation, 1% fee at just 3.49%. New 2 year fixed rate 75% LTV with 1% completion and 3.35% rate and [...]
Managing your customers’ expectations Please refer below for our current service levels to help manage your customer’s expectations for new applications. Important timescales New fully-packaged ‘right first time’ applications to approval are taking on average: Type Average number of working days’ for Underwriting assessment Standard Applications up to £1m paid in UK Sterling Employed – [...]
We previously communicated on Thursday 24 June that we would be withdrawing further advances and want to remind you of what is happening with the availability of further advances and completion deadlines as we continue to move from ‘The One Minute Mortgage’ to ‘BM Solutions Online’ for submitting applications. Further advances You can submit further [...]
We'd like to give you an update on our fixed rate offering. We have continued to see strong demand for higher LTV mortgages, which is why we have reduced the rates on selected products to support borrowers with smaller deposits. 2 Year Fixed Rate 85% LTV, 1.95%, £199 fees plus valuation fee (previously 2.15%) 90% [...]
TSB has increased the maximum loan to value from 85% to 90% and introduced a new maximum loan amount of £500K, where the LTV is greater than 85%, for lending on flats and maisonettes (excluding new properties), from 12 July. Maximum permitted loan to value for new build remains at 80% and 85% for remortgage [...]
KRFI Core Residential Prime: Max LTV increased from 75% LTV to 90% LTV Near Prime 1: Max LTV increased to 85% LTV Rates now start from 3.24% New Fee options: Prime and NP1 rates have a £995 fee option (max £750k loan) and a 0.5% fee option (min loan £200k). Therefore, from £200k to £750k [...]
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This month's update includes: 50% more people are taking out a RIO mortgage for home improvements; Launch of the Just For [...]
Are you looking to take your ER1 exam? Legal & General’s free one day workshop will help you gain an understanding of equity release regulation, products, market practice, and customer needs. Facilitated by a CII-accredited trainer, the workshop includes an overview of the syllabus and vital examination practice to give you the confidence to pass. Register [...]
On Wednesday 30 June we launched our Fixed ERC option offering clients a guaranteed cost if they choose to pay off their lifetime mortgage early. With a choice of Fixed or Variable ERC, you can make your lifetime mortgage solutions even more personalised and recommend the one that suits your clients best. Find out more
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The Right Mortgage & Protection Network Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales. Registered Number: 08130498. FCA Number: 649443.
