Could your customers benefit by switching earlier to a lower rate? If their current Clydesdale Bank rate expires in July, August or September, then they are eligible to switch rates now. Switch Rates Early Your customer's Product Transfer can take place up to 3 months before their current rate ends without incurring an Early Repayment [...]
Help to Buy: equity loan Authority to Proceed (ATP): We no longer need to see a copy of the ATP document before a case can be reviewed by an underwriter. We’ll now ask a new question within Introducer Internet > Full mortgage application > Help to Buy: equity loan amount so our underwriting team [...]
The number of self-employed workers in the UK has increased by over 1 million in the last decade according to recent figures by Office of National Statistics. And it’s the newly self-employed that find it most difficult to get a mortgage, because many high street banks ask for 3 or more years of accounts. That’s [...]
We're committed to supporting you and your 55+ clients... Last year, 40% of our new business was from your Older Borrower clients The Marsden pioneered the Older Borrower mortgage in 2014 and has since continued to develop the range in support of intermediaries and their 55+ clients. It continues to see an growing appetite [...]
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Recent changes: We will now consider a unsecured credit facility that has arrears status exceeding 2 (two) as a Defaulted balance for the purpose of criteria – this now means that where we previously declined an applicant for having a status 3 on Near Prime in the last 24 months this now could fit on [...]
To keep you in the loop: our affordability calculator on the www.digitalmortgages.net website has been taken down due to a technical issue. There is a status message on the page to inform brokers that the calculator isn’t currently available. Apologies for any inconvenience this causes. We’re working to get it back online as soon as [...]
Educating the broker community is key to growing the self and custom build sector. The Government’s objective with the ‘Right to Build’ legislation is to ensure that self and custom build accounts for around 30% of new housing in England, which will dramatically increase the likelihood of Mortgage Brokers receiving enquiries for self and [...]
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: Clydesdale announce product transfers; Virgin Money want you to have the best; Marsden are committed to supporting you and your 55+ client; Together [...]
Health-related lost productivity is the costing the UK economy an estimated £77.5 billion a year. Employees engaging in healthy lifestyle behaviours have significantly reduced incidence of mental health problems. Employees with four or more musculoskeletal issues were twice as likely to suffer from work-related stress as those who were free from musculoskeletal concerns. Allowing employees [...]
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