On Tuesday 20 October, we increased selected residential, Help to Buy and Buy to Let rates at 60%, 75% and 85% LTV by up to 0.35%, and withdrawing our 85% LTV 2 year fixed purchase and remortgage products. In addition, charge and benefit end dates and the completion deadlines on our range will move on; [...]
We are pleased to announce the launch of a new HMO Buy to Let packager exclusives with Landbay. The products are up to 0.25% cheaper than the equivalent lender core range with the added benefit of an extra 10% Loan to Value. Click here to access product details.
In a recent article1 published by The Guardian, it was found that – ‘Nearly one in four home purchases this year will be backed by the “bank of mum and dad” – up from fewer than one in five in 2019 – as buyers struggle with the economic fallout from the Covid-19 crisis.’ Buckinghamshire Building [...]
Save time and track your case online Your 10 most recently created cases are shown on the home screen, and you also have the ability to show all cases or search for a particular case as required. TMW Online is updated every 10 minutes, and can be accessed via your desktop, laptop, tablet or mobile. So [...]
Sale of Mortgage Property (SOMP) Interest Only repayment plan In order to select this repayment plan for an interest only mortgage, applications will need to achieve a minimum level of credit score. If applications do not meet this you will be prompted to select an alternative repayment plan. Further advances (FA) applications Customers can now [...]
We've made the following changes to our Shared Ownership product portfolio. Launching: Shared Ownership - 2 Year Fixed Rate 4.44% 95% LTV Teacher Only For home purchase and remortgage applications (Issue 496) Shared Ownership - 5 Year Fixed Rate 4.49% 95% LTV Teacher Only For home purchase and remortgage applications (Issue 497) Withdrawing Shared Ownership [...]
Now, more than ever, borrowers need a lender that can react and respond to the financial complexity that we all face. The COVID-19 pandemic has had a significant impact on existing and potential homeowners in the UK via its effects on the country’s job market, housing sector and overall economy. But here at Vida we [...]
On Friday 16 October we launched 5 new semi-exclusive Residential Intermediary products. Full details of these products can be found below. 2 yr fixed 70% LTV Residential Purchase/Remo 1.49% £995 fee 2 yr fixed 85% LTV Residential Purchase/Remo 3.46% No fee 5 yr fixed 60% LTV Residential Purchase/Remo 1.45% £995 fee 5 yr fixed 70% [...]
Great news! This week two more lenders, Equifinance and UTB have increased their LTVs to 80% for secured loans, meaning there are more competitive rates available beyond the 75% LTV limit there was previously. Precise have also increased their LTV to 65% for bridging which again means more competitive rates available as lenders are slowly starting to return [...]
Hi everyone, I’m bringing you an Inbetweenysode this week and chatting to Hannah Godfrey, News Editor at Professional Adviser and Deputy Editor at Retirement Planner. Hannah is joining me to chat about pensions, her career so far and the Women In Financial Advice Awards, which she presented virtually on the 8th October. This is a really interesting one for me as [...]
© 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.
