We've just updated our entire range of BTL mortgage products, including the launch of our Limited Edition FREE valuation 5 year fixed rate products now starting at 3.55% with a maximum LTV of 75%. Product refresh highlights Standard 5 Year Fixed Rate 75% LTV @ 3.55% with FREE valuation Standard 2 Year Fixed rates [...]
Simply refer three cases to The Right Loan during November that all go on to complete, and you will receive a £100 wine voucher. Start referring today - Terms and conditions apply. View full details here > 74% of adviser respondents to a recent survey conducted by L&G Mortgage Club stated that they do [...]
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 offer are taking on average: Employed customers 4 working days Self-employed customers 4 working days Cases including foreign income or £1m+ loans (Legacy applications) 23 working days Cases including [...]
After the announcement regarding Mortgage Holiday’s being extended, I wanted to provide you with an update. Mortgage Holidays We are sticking with Government advice and allowing those who have not had a payment holiday to have up to 6 months payment holiday. For those who have previously had a mortgage holiday, they can also [...]
We've seen a lot of interest in our 90% LTV product since launching it earlier this week. Supporting this area of the market, and in particular first time buyers, is really important to us. We still need to balance this though with maintaining new and pipeline service levels, as well as focusing on our [...]
One in five landlords (21 per cent ) is predicting an escape to the country by tenants who want more space because they are able to work from home according to research for The Mortgage Lender. Its research, carried out by OnePoll in July this year, also found 35 per cent of landlords had [...]
Keeping you up to date with any changes as they happen We’re fully operational with all products available and valuations still taking place, helping your clients with the funds they need As ever, we’re monitoring the situation and will let you know of any alterations to products or processes. The safety of our customers [...]
With effect from 5.30pm on Wednesday 4 November 2020, we will be withdrawing all 60% LTV buy to let products across our Core, Re mortgage and Existing Customer Range. Our buy to let Large Loan Range remains unchanged. So what does this mean? To make sure your customer secures the current product, the case [...]
Lockdown restrictions are constantly changing and with the recent announcement from the Government of the 2nd lockdown for England our valuation approach is as follows: Currently there are no locations where surveyor services are suspended. England – New lockdown restrictions from Thursday 5th November – physical valuations are still allowed to take place Wales [...]
Santander is supporting applications from mortgage prisoners following the guidance published by the FCA. This is open to all registered intermediaries where your client has received a letter from a third party administrator on behalf of the FCA identifying them as a mortgage prisoner. Please note that applications from mortgage prisoners will be subject [...]
© 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.
