Coventry for intermediaries has reduced the rates on selected Residential mortgages by 10 basis points, with the changes applying to 85-95% LTV products. Plus, the lender has launched a new competitive 95% LTV 2 Year Fixed mortgage at 3.65% with no product fee. Highlights of the competitive Residential range include: 05% (was 2.15%) 2 Year [...]

Here’s a full list the changes with product codes in brackets: New Business Core Range Residential Rate Changes 2 year fixed rate purchase [FO26560] 80% LTV, decreasing by 7bps from 1.89% to 1.82%, product fee £995, cashback £250 [FO26561] 80% LTV, decreasing by 3bps from 2.43% to 2.40%, product fee £0, cashback £250 2 year [...]

Last month the Marsden launched a range of Shared Ownership products to support borrowers looking to take advantage of ‘part buy – part rent’ home ownership. Designed to support households earning £80,000 a year or less (£90,000 a year or less in London), Shared Ownership could be suitable for your clients who are first-time buyers [...]

It is time to say ‘yes’ to even the most ‘non-standard’ of non-standard properties Non-standard home insurance has got a bad reputation amongst brokers - there is an assumption that finding the right policy will be complicated and time-consuming and involve hours waiting in insurers’ call centre queues before being told ‘we’ll call you [...]

Hi everyone. I hope you found the previous episode, Insurance Underwriting, talking about all things underwriting with Peter Maynard from Select X, interesting and useful to your work? In the latest podcast I’m joined by fellow regular co-host Roy McLoughlin, focusing on the often dreaded topic of - Objection Handling! For an experienced adviser [...]

In the first of a series of blogs looking at the myths and misconceptions of protection, Robert Betts, Market Development Manager at Legal & General, introduces the latest Deadline to Breadline report and the common myths and misconceptions of protection it revealed. Here, Robert outlines what you can do to help bust the myths [...]

On Monday 12 July, we’re making the following changes to our product range: Buy to Let Purchase Rate reductions in 2 and 5 year fixed 60% and 75% LTV £0, £995 and £1,995 fee products; Please ensure any applications on existing products are fully submitted before 5pm on Saturday 10 July. Please click Find out [...]

Exploding bird seed, falling bathtubs and lightning striking twice -  the weird home insurance claims that actually paid out You know home insurance provides vital protection for your clients’ homes and possessions, but every now and again, something truly bizarre happens to highlight just how important it is; here are some of the weirder [...]

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: Coventry reduce rates on selected high LTV residential mortgages; Kensington announce self employed & underwriting enhancements; Barclays announce important updates to buy to [...]

We’re pleased to be launching a new residential range on Tuesday 6 July 2021, which includes products to assist customers with wider levels of adverse. At the same time we'll be reintroducting our automated cascade. This means our existing residential range will be withdrawn. To secure a product from our current range, you must [...]