Provider News

Weekly Protection Update – 28th February 2020

By |2020-02-27T14:20:31+00:00February 28th, 2020|02. February, 2020, 28, Protection, Provider News|

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: Vitality aim to give your clients new answers on serious illness cover; Paymentshield is asking if technology has changed the way you contact [...]

Barclays: Changes to mortgage products

By |2021-02-27T15:10:25+00:00February 27th, 2020|Provider News|

Please be advised we are making changes to a selection of products across our Residential, Buy to Let and Reward ranges effective tomorrow, Tuesday 25th February, 2020. These changes include reducing rates by as much as 0.11% on a selection of our most popular existing 2, 3, 5, 7 and 10 year fixed rates, [...]

The Mortgage Lender: New buy to let ranges launching

By |2021-02-27T14:12:13+00:00February 27th, 2020|Provider News|

I am pleased to confirm that the release of our new buy to let products are live. Buy to let simplification & revamp What’s changing? The BTL range has been streamlined/revamped.  This includes: Streamlined BTL product guide Rate reductions on 70/75% LTV 5 year fixed products Rate reductions on the majority of HMO/MUB products [...]

Zephyr Homeloans: Lending on apartments and high-rise flats

By |2021-02-27T15:39:22+00:00February 27th, 2020|Provider News|

Lending on apartments and high-rise flats At Zephyr, we want to support your clients looking to purchase or remortgage an apartment or flat. Here are some of our current criteria highlights… No height restrictions on lending although anything over 10th floor will be referred to underwriters for approval Ex-local authority flats and deck access [...]

Foundation Home Loans: Introducing free basic valuations

By |2021-02-27T14:09:04+00:00February 27th, 2020|Provider News|

We are pleased to announce the introduction of a free basic valuation across all residential mortgage products (for both purchases and remortgages) from Thursday 27th February - for a limited period only. Foundation Home Loans’ residential range is for clients with credit blips and complex income and offers loans up to £2m. In addition, [...]

Platform part of the Co-op Bank: Launch new products

By |2021-02-27T14:36:02+00:00February 27th, 2020|Provider News|

We have re-launched our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes Fixed rate end dates extended to end June. New product codes will be issued for all products. New Business Mainstream Selected fixed rates with fees increased by 0.05%. All 95% LTV rates reduced to [...]

Nationwide: Watch our latest economic update

By |2021-02-27T15:43:27+00:00February 27th, 2020|Provider News|

Nationwide's Chief Economist, Robert Gardner, shares his views on the outlook for the UK economy, housing and mortgage market and interest rates, in this latest economic update video. Only a couple of minutes to spare? Skip to individual topics using the links below: The UK economy Interest rates Housing and mortgage markets [...]

Teachers for intermediaries: Launch new fixed rate products

By |2021-02-27T14:58:59+00:00February 27th, 2020|Provider News|

We've made some changes to our standard mortgage products. Check out the changes below. Exclusively for Teachers 5 Year Fixed Rate 3.74%; 90% LTV; For home purchase and remortgage applications; (Issue 459). 2 Year Fixed Rate 3.69%; 90% LTV; For home purchase and remortgage applications; (Issue 454). 2 [...]

Ipswich Building Society: Launch five year fixed rate

By |2021-02-27T14:23:02+00:00February 27th, 2020|Provider News|

Following feedback from our valued intermediary partners, we're delighted to launch three new 5 year fixed rate deals, including our first ever 5 year product for holiday let applicants. Residential 95% 5 year fixed at 3.40%, £999 fees; Shared ownership 95% 5 year fixed at 3.80%, £0 fees; Holiday let 80% 5 year fixed [...]

Principality: Day rate contractors

By |2021-02-27T14:06:08+00:00February 27th, 2020|Provider News|

We recognise that flexibility is key for contractors Britain’s freelancer and contracting industry is booming like never before. A study, commissioned by the Professional Contractors Group in June, found that there are now 1.4 million freelancers alone in the UK – that’s a 14% growth over the past 10 years. Whilst being a contractor [...]

The Right Mortgage and Protection Network

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Phone: 01564 732 749

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Michael McGuiness, Adviser
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