More2Life: Rate change increase
We have increased our tailored rates. Applications on current rates must be submitted by midnight on 17th January.To take advantage of the current rates create a new KFI.
We have increased our tailored rates. Applications on current rates must be submitted by midnight on 17th January.To take advantage of the current rates create a new KFI.
As an intermediary, you’re an integral part of our business. And one we value highly. That’s why we’re committed to offering you the best service possible and are honest and open about our service levels. You can view our daily service levels online (based on a working week, Monday to Friday 9am-6pm) including our [...]
When assessing self-employed applicants, we will normally require two years of trading. However, our flexible approach using manual underwriting allows us to potentially help clients who have only one year of accounts or perhaps even less. If the client has worked in the same industry in some capacity then we may be able to [...]
Firstly, I would like to thank you for your support over the last 12 months. I hope you’ll agree 2019 has been a positive year for all of us considering the wider challenges facing the market at the start of the year. Whilst some of those may still be a challenge, it’s fair to [...]
We are pleased to announce that we will be launching into the ex-pat buy to let market on Tuesday 14th January 2020. To begin, we have one core product which is; MDS223: 3.49% Variable Discount (Ex-Pat BTL) Max 80% LTV / App fee: £250 / Product Fee: £500 Max loan: £500,000 Proc fee: 0.40% [...]
Lifetime mortgage application cycle STAGE 1 Applications received waiting to be worked STAGE 2 Case checked and reviewed for approval (packaged for underwriters) STAGE 3 Case assessed by Underwriters for approval and set to offer STAGE 4 Offer approval to Offer issued General Post Benchmark SLA 1 2 3 1 3 Current SLA 1 [...]
As we enter a new year, you can rest assured we're on hand to help you with specialist cases that you may be struggling to place with other lenders. If your customer is newly self-employed or has a long established business, we can help with our wide range of Residential Mortgages. Download the product guide here. Limited [...]
Clients aged 50 and over looking to remortgage, renovate, move home or gift a deposit to children or grandchildren? A later life mortgage from Ipswich Building Society may be the ideal solution. We have a dedicated range of later life mortgages specifically designed for borrowers over the age of 50, plus we have no [...]
With 2020 well underway, it’s well worth taking a moment to look back at the many ways we delivered with you and your clients in mind last year. We supported almost 5,000 first time buyers; Our business development managers have presented at over 75 industry events around the country; We've held over 42,000 web [...]
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: Metro Bank want to help you grow your business in 2020; Hanley Economic launch ex-pat buy to let; Platform announce product updates. [...]