The FCA has raised the issue of the 1.67million interest-only mortgage accounts outstanding in the UK. Nearly one in five mortgage customers have an interest-only mortgage and the FCA is concerned that shortfalls in repayment plans could lead to people losing their homes. Book your free space now In the breakfast briefing we’ll discuss: [...]
Today we’ve announced our full year performance for the financial year 2017/18. Attached is an infographic which gives an overview of our performance. Headlines: We’ve delivered the best service satisfaction among our high street peers, and our members and customers trust us highly. Our leading service, value and products have helped grow our membership to [...]
We would like to inform you that we have made changes to our mortgage product range. Details New range will hold August end dates across all term lengths. Buy to let rates have remained flat. Residential rates have on average reduced by 0.03%. Product launch of Help-to-Buy England - product code 11903, 5 year fixed [...]
We are making amendments to some of our products. These are set to go live on the Tuesday 29th May 2018. Generally Available Residential Current product code - RVD25 – Fee Free 2 Year Discount 90% LTV – Charging rate 1.99% - This is a 3.90% discount off our SVR. The above product will be [...]
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: Magellan pays procuration fees on exchange of contract; Enterprise Finance explore if product transfers are friend or foe?; The Mortgage Lender launch new cashback [...]
We're continually improving the way we underwrite, with our philosophy of “start from yes” being at the centre of our decisions. We have continued this by introducing improvements to our financial underwriting processes. Read our latest article to see what has changed and how it will benefit both you and your clients. Understand our latest [...]
Fifty years ago today the first UK heart transplant was carried out by a team led by Dr Marius Barnard. The work carried out by Marius inspired him to devise the first protection insurance and today this is called critical illness cover. We’re proud that Marius chose to partner with Scottish Widows and was instrumental [...]
It’s been a busy start to 2018 here at Cirencester Friendly as we continue to find ways of improving our products and services for both our Members, and, of course, you. The financial industry awards season is also now upon us. This means it’s time to cast your votes in the highly coveted 2018 Investment [...]
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: AIG revolutionise financial underwriting; Golden Charter... It's a certainty not a maybe.
Intermediary feedback to Virgin Money told them that larger loans would help your clients. As a result they’ve increased their maximum residential loan size from £1m to £2m and have launched mortgage deals to support these customers: 2 and 5 year £1m+ fixed rates at 60% and 75% LTV with a £1,495 fee start from [...]
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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.
