We are making some changes to our Residential and Buy to let mortgage ranges. Full details of the change including a new range of Pepper Light products, for clients with no CCJs will be communicated to you Wednesday 10th June at 9am. To secure one of our existing products, please ensure you have progressed any [...]
Virgin Money and Clydesdale Bank are the latest lenders to temporarily withdraw their 90% LTV ranges. The lenders, both owned by CYBG, have withdrawn all 90% LTV products for purchase, remortgage and new build to "protect the service for existing applications in our pipeline". Virgin and Clydesdale will continue to offer product transfer deals up [...]
In line with the wider industry, Metro Bank customers impacted by Coronavirus will be able to apply for a mortgage payment holiday of up to 3 months until 31 October 2020. They can do this by visiting www.metrobankonline.co.uk/mortgages/ and applying online. If your customer is looking to extend their payment holiday for a further 3 [...]
Buckinghamshire Building Society has launched a new, simplified product range using physical valuations which is in addition to its AVM products. These new products offer competitive rates with: up to 80% LTV for prime lending up to 75% LTV for retirement up to 70% for BTL up to 70% for non standard up to 60% [...]
Get your customer’s application to offer as quickly as possible by providing the correct documentation upfront. Here’s a reminder of what we need for new applications: Employed customers Latest payslip required in all instances. Income affected by Covid-19? Please add a note in the free format box on the broker platform explaining how the income [...]
Phase one of the new virtual on-site lender underwriter service from 3mc has been launched. The new service enables 3mc team members to use Zoom or Microsoft Teams to discuss new enquiries and applications in progress, directly with a virtual lender underwriter. Phase two will see the addition of more lenders offering this service via [...]
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: Holloway Friendly announce four week defer period on some of their plans; Cirencester announce the relaunch of their add on product range, My [...]
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: Precise Mortgages update their approach to furloughed income; Santander has increased its maximum loan amount from £1m to £3m; TSB has expanded their [...]
We've re-opened applications for 4 week deferred periods on our one2protect, Purely and Classic Plus plans. These are the deferred periods now available to Advisers across our plans: one2protect - 4, 8, 13, 26 and 52 week Purely - 4, 8, 13, 26 and 52 week Short-term - 8, 13, 26 and 52 week Classic [...]
We are running a series of webinars to help protect your clients and your business during lockdown. The webinar series will take you through our products and services, as well as skills based how-to's and topical technical updates to help support you in the current environment. Sign up here to our flexible webinar programme [...]
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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.
