Virgin Money are a lender who works hard for their intermediary partners. That’s why they’re pleased to announce that they’ve made some improvements to their lending criteria: Affordability They have increased the maximum loan to income for some of your clients, meaning they can now offer higher loan amounts. Loan to income multiples for [...]

Exciting news! We have reduced rates across our First Time Buyer range. The new rates are live now, we’ve included information on them in the table below. Product Old Rate New Rate 3 Year Fixed to 95% LTV - FTB 3.19% 2.89% 5 Year Fixed to 95% LTV - FTB 3.19% 2.94% [...]

Maximum 5.50x income - for residential remortgages where your client is borrowing the same or less. Giving your client a choice of standard legal fees paid or £250 cashback. ERCs apply Free standard valuation up to a property value of £2.5m. Please use our affordability calculator to see how much your client could borrow. Find out more here. [...]

We are pleased to confirm some more positive changes across our Residential and Reward ranges. Key existing product reductions Reduced - 2.89% 2 year Fixed, £0 product fee, 95% LTV, Min loan £5k, Max loan £500k, will reduce to 2.85% Reduced - 1.81% 5 year Help to Buy Fixed, £749 product fee, 75% LTV, [...]

Our brand new product is for those who wish to build their own second home – you may remember recently we updated our Self-Build application criteria to allow for second homes for self-build projects. Here is an overview of the product. MDS220 - 3.99% Self-Build/Renovation (for Second Home) Variable Discount for 2 Years (Arrears) [...]

We've introduced some new 5 year fixed rate winter wonders into our buy to let mortgages range. But don't miss out, because just like the tin of Quality Streets in our office, they won't be around for long! 3.19% 5 year fixed rate on 3.19% 2% product fee Refund of valuation (max £630) [...]

As you are aware constantly and diligently review our proposition, products and services to ensure we are in line with the overall marketplace. On the 12th December we will be removing our minimum procuration fee of £250 for product transfers. This means that any offers issued on product transfers from 12th December will have [...]

We’ve got some exciting news at Hodge: tomorrow we’re launching a Holiday Let mortgage - and this is not just for the later life market, this is a product for all ages. We know that as the UK holiday market grows, more and more property investors are turning to holiday lets to maximise their [...]

TSB has made some product changes. A summary of the changes: Residential rates reduced on: 2, 3 and 5 year fixed, 85-95% LTV, by up to 0.20%. Rates increased on: 5 year fixed Remortgage, 0-60% LTV, with £995 fee by 0.05%. And Withdrawn 5 year fixed House Purchase and Remortgage, 0-60% LTV, with £1,495 [...]

If you missed the marketing webinar from financial services marketing expert Phil Calvert, or couldn't attend our Later Life Lending Symposiums earlier this year, not to worry! Phil's Marketing must-haves for advisers webinar is now available on demand for you to watch any time, anywhere.Phil's webinar covers topics such as:  ? Adding value to your [...]