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. Our lender updates include: Legal & General: Striving for Financial Equality for Women Vida: Who cares wins! Keyworker Customer Types HSBC Changing There Buy-to-Let Mortgage Products Paragon's New [...]
Great news for your portfolio landlords! Family Building Society removes limit to number of properties in a SPV. The Society’s Buy to Let Limited Company mortgages are now available to landlords with any number of properties per company. This means that no matter how many properties your client has, they may be able to [...]
Important Product & Criteria Changes We are pleased to confirm some enhancements to our product range available from 10th March 2022. The revised product range will be available for selection on our broker portal from this date. A summary of the changes is noted below: Standard Range - A new lifetime tracker range, being [...]
Did you know? In the UK, 1 in 3 applicants have been rejected for at least one mortgage application they have submitted in the last 5 years. Contractors are a largely underserved group of workers by high street lenders, which is why we wanted to show how we can help you with those [...]
Great news for your portfolio landlords! Limit removed to number of properties an SPV can hold. Our Buy to Let Limited Company mortgages are now available to landlords with any amount of properties per company. This means no matter how many properties your client has, we may be able to help. How else can [...]
With effect from Friday 11th March, we’ll be making a number of changes to our BTL mortgage product ranges. Occasionally, during exceptionally busy periods, it may take you a little longer than normal to access the system and we thank you for your patience. Summary of changes: Existing BTL customer switching / borrowing [...]
How will your landlord clients meet the cost of the role of the EPC regulations? Our latest BVA BDRC Landlord Panel research for Q4 2021 discovered that around 4 in 10 rental properties currently have an EPC rating of ‘D’ or lower. This number was said to be relatively consistent across all portfolio sizes, [...]
Today we are launching new Residential specials - including Shared Ownership, Right to Buy and Help to Buy products! Here are some highlights: Special Shared Ownership 95% LTV, 2 years fixed, 4.14%, no fee and free vals Special Right to Buy 75% LTV, 2 years fixed, 4.29%, no fee and free vals Special Help [...]
During a recent client review, Cura managing director, Alan Knowles, was made aware that his client Melanie1 had been diagnosed with Rheumatoid Arthritis. After contacting Vitality, he was able to tell his client that she could unexpectedly claim £9,000 as a severity-based payment. Melanie’s situation is real-life example of a Serious Illness Cover claim [...]
From March 2022, a new regulation from the Financial Conduct Authority (FCA) comes into effect, which means that extra security will be required when making online payments. What does this mean? From today, when making a payment during an online application, the cardholder will now be asked to authorise this before it can be [...]
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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.
