We're pleased to announce we’ve expanded our Payday loans product range to the whole of the market to provide further support to a growing number of complex credit customers. We’ll now accept applications from clients who have recently taken a payday loan, providing it has been cleared on completion. Previously we required that [...]
Scottish Widows & Aviva upgrades, Vitality Health Checks at the NTE, Helping Hand 2.0 Hi everyone and welcome to this weeks protection update. It’s a short week with the Easter bank holiday looming and our big focus is the NTE which happens 2 weeks from today on Thursday 28th April. I wrote [...]
We’re happy to confirm that any mortgage customers who have been accepted on to the government’s Homes for Ukraine scheme do not need to advise us or provide any information, and no changes will be made to their current mortgage product. We’ve worked to make it as easy and simple as possible for brokers [...]
On Wednesday 13 April, we made some changes to our lending criteria: County Court Judgement (CCJ) - maximum amount is now capped at £10,000. Leasehold term must now be a minimum of 120 years. Properties in the Scottish Islands will no longer be accepted. Non-UK nationals – has been updated to include those with [...]
Of those leveraged landlords who plan to remortgage in 2022, over half (55%) suggest they are likely to opt for a five-year fixed-rate mortgage and one in three leveraged landlords plan to remortgage over the next 12 months providing advisers with an opportunity to secure refinancing for their buy-to-let clients to help them add to portfolios throughout 2022. [...]
We wanted to give you a heads up regarding our recent enhancements to our Residential criteria and products. Some of the latest changes to our Residential range include: > Minimum loan size reduced from £100,000 to £75,000 > 90% LTV now available on Vida credit tier 24 standard range > 48 x weekly rate [...]
With effect from 5.30pm on Wednesday 13 April 2022, we will be withdrawing our 75% LTV products across our residential Core and Interest Only ranges with new products to be launched shortly. So what does this mean? To make sure your customer secures the current product, the case must be at the application submitted [...]
Mr S is a single applicant who was looking for a remortgage product to consolidate his outstanding secured and unsecured credit & capital raise for home improvements. His 3-bedroom brick-built terraced house in London was in need of some new double-glazed windows and a boiler replacement. Based on some historical adverse credit, four defaults [...]
Self Build 3.69% - for loans £75,000 - £999,999 4.19% - for loans £1,000,000 - £2,000,000 Harpenden's Self Build products... They manage complex cases and income, offer bespoke solutions and provide flexible underwriting. Additional product features: • Standard Self Build - up to 65% LTV, available anywhere in England or Wales • [...]
We’ve got great news for new build customers and the latest on how we’re making it easier for you to do business with us. A boost for new build cash incentives We now accept new build cash incentives of 5% of the purchase price up to 90% LTV, previously capped at 85% LTV. This [...]
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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.
