NatWest to introduce payment of retention fees
NatWest will be introducing payment of retention fees later this year on Residential and Buy to Let business. Further details to follow.
Principality: We’re making some changes
Please be advised that we will be making some changes to our range on Friday 17th February 2017. We are increasing the rates on the following four of our 2 year fixed rate products: 10819 1.65% will increase by 0.05% to 1.70% 10826 1.70% will increase by 0.05% to 1.75% 10831 1.75% will increase by [...]
3mc: Market Leading New Exclusive 75% LTV BTL Launched
We are pleased to announce the launch of a market leading new Buy to Let 3mc Exclusive with Precise Mortgages. The product is available for multi tenanted units, HMO's and Limited Company HMO's up to 75% loan to value. To obtain a lender DIP click here then scan and email the completed form to info@3-mc.com For [...]
3mc: New Kensington Exclusives Launched – 90% LTV Residential
Kensington has updated it's exclusive Residential & BTL packager range available through a limited number of firms. The range includes HMO's, multi tenanted properties and multi units on one title plus 90% LTV residential products. For further information visit the 3mc website or call the specialist mortgage desk on 0161 962 7800. Up to 90% LTV Available for [...]
Clydesdale: Improvements to how we assess income for self employed applicants
Good news for our self employed customers. We now calculate income for self employed applicants by assessing their income based on the last 2 years financial data, instead of 3 The requirement for limited companies is to provide 2 years accounts (showing 3 years figures) The requirement for non-limited businesses (sole traders or non-limited partnerships) [...]
Virgin Money: Less time chasing cases. More time chasing business.
Virgin Money has improved their case tracking to make doing business with them as easy as possible. They are committed to: Telling you what you need to know, when you need to know it. Cutting out unnecessary email updates. Contacting you only when there’s a real need. Giving all their emails simple actions. Win a [...]
Santander: New proc fees from Monday 13 February 2017
Santander Increase Proc Fee The net proc fees has increased from 0.31 to 0.32 for new applications agreed from 13th February on all residential mortgage products. In additional, where the loan is £25,000 or more the minimum proc fee is £400. There is no minimum proc fee for loans less than £25,000. There is [...]
Castle Trust Submission Checklist
To make it as easy as possible for brokers submitting cases with Castle Trust, we have put together the attached submission checklist. This is to ensure when submitting a case, all the necessary documents are supplied at the beginning to prevent them having to go back and forth with their clients collecting information. This covers [...]
Barclays Mortgages – Our best ever Cashback products + new Large Loan products now available up to £10m
On Tuesday 14 February, we are launching our best ever residential purchase only cashback products, offering up to £2,500 for clients. The Barclays Homebuyer Cashback mortgage does exactly what it says on the tin; paying a sizeable cashback which could come in handy for recovering initial costs such as stamp duty, top up savings accounts used or to [...]
