The way we assess a BTL application is based on a combination of the Interest Coverage Ratio (ICR) and the BTL reference rate detailed in our lending policy. Total gross annual income includes all income received, i.e. all annual gross rental income from existing properties and the new BTL property, plus any other earned or unearned annual gross income. For [...]

The sixth edition of Kent Reliance’s Buy to Let Britain Report is available to download now. The report is a detailed analysis of important trends in both the Private Rented Sector and the Buy to Let mortgage market. Following political and economic uncertainty, changes to the tax treatment of BTL, and the introduction of the [...]

Virgin Money consider a customer to be self-employed if they have a shareholding of 20% or more in a business or they have a shareholding in a Limited Liability Partnership (LLP). Check that your clients’ business meets each aspect of our general criteria below: > The business has been in operation for at least two [...]

Following a review of our lending criteria we have made amendments to our income multiples policy for residential lending. Applications will now require an income of £45,000 or more (sole or joint) to qualify for a 5.00x income multiple. This replaces the minimum loan requirement of £175,000. (Please refer to our intermediary website for details [...]

Fleet Mortgages have launched new products:   Summary of Products Standard (Individual) with rental calculation 125% @5% 2 year: Standard BTL 75% Fixed Rate 2.99% until 30 September 2019 (maximum loan size £200k), revert rate 5.07% 2 year: Standard BTL 75% Fixed Rate 3.49% until 30 September 2019, revert rate 5.07% 5 year: Standard BTL [...]

Have you seen some of the Buy to Let products we currently have available? Did you know we offer: Free standard valuation up to a property value of £2.5m – available on all Buy to Let products Plus £250 cashback when your client remortgages their Buy to Let to us. Early repayment charges apply. Please [...]

Income protection is a market of huge opportunity and healthy competition, and at The Exeter we can help you fulfil the potential of this crucial form of cover. Our range of Plus products provide complete flexibility, helping you tailor your client’s cover to their needs and budget.   Claim periods Our plans include a long term [...]

2 out of 5 people* think long term income protection taken out at age 30 would only pay out for 5 years or less. However, our income protection will pay out until your client is able to return to work or reaches retirement. Did you know our longest claim currently stands at over 26 years? [...]

If you’re looking for a quick and easy way to impress your clients, look no further than our marketing studio. You can brand all the material with your own logo and contact details: Sales aids –tackle objections with a range of options to suit your clients Posters – choose the right message for your clients…and [...]

At MetLife, we pride ourselves on helping you and your clients to navigate the changing world with confidence. With your support, we've been awarded Five Stars for Service seven years in a row, Company of the Year in 2010 and 2012 and the Outstanding Achievement Award in 2016. Over the last year, we have supported [...]