For some advisers when selecting a Buy to Let lender for their portfolio clients, finding a lender that can offer a suitable Interest cover ratio to maximise the amount of potential borrowing without heavy underwriting on the background portfolio can be a challenge. But did you know that at West One Buy to Let [...]
We're seeing a growing number of people integrate environmentally friendly and carbon neutral choices into their everyday lives and there is no question that these choices will impact housing and mortgage options in the near future. At Barclays, we want to ensure that our customers and clients have access to financing that places green [...]
An important trend is that interest from new investors, ‘First time landlords’ continues to grow. According to Knowledge Bank’s latest tracker results, the analysis of brokers’ searches in February found that intermediaries are working with potential new landlords. For the tenth month in a row, buy-to-let brokers reported interest from ‘first-time landlords’, with the [...]
Here’s a full list the changes with product codes in brackets: New Business Core Range Residential Rate Changes 2 year fixed rate purchase [FO26224] 60% LTV, decreasing by 26bps from 1.78% to 1.52%, product fee £0 [FO26225] 70% LTV, decreasing by 3bps from 1.28% to 1.25%, product fee £1,495 [FO26226] 70% LTV, decreasing by [...]
We're pleased to confirm that in addition to our newly introduced Helping Hand enhanced affordability and our new Green products, we've also made some additional system enhancements. These improvements are summarised below and are now live: Switching with additional borrowing If your client already has a mortgage with Nationwide, you are now able to [...]
On Saturday 1 May, we’re making the following changes to our product range: Remortgage (REM) Rate reductions of up to 0.06% and increases of up to 0.21% on selected REM products. Further information Please click Find out more to access the Product Rate Guide which has been updated with the changes The product search [...]
Good news, due to changes in our funding structure we are now able to offer new market leading bridging rates. Our Premier Plus product is designed to be more cost effective for the more vanilla type bridging loans and going out to all our partner networks. Rates are from just 0.49% pm and it [...]
Welcome to this week's Protection 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: Track your online applications using the LV= Protection Progress Hub; Have you seen Towergates client facing marketing hub? Protection special edition of TechTalk [...]
As of Thursday 29th April 2021, the Legal & General Rainbow Home and Landlord Insurance products will be replaced by new LV= Broker products. This is due to the acquisition of Fairmead Insurance Ltd (formerly L&G) by LV=’s parent company, Allianz (read more here). The new LV=Broker Rainbow Home Insurance product will be similarly priced to [...]
Mortgage applications have had a strong start this year, due in no small part to the stamp duty holiday extension until the end of June 2021. While mortgage applications are increasing, as an adviser you need to make sure your clients receive the best protection cover to suit their needs. Although having a basic cover in place is important, there should also [...]
© Copyright The Right Mortgage | All rights reserved. | The content of this website is intended solely for the use of financial advisers. | How to make complaint? | Our Policies
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.
