Fewer hurdles for your clients Here are two of the latest ways we’re making things easier for you and your clients: Your clients can now use 100% of their rental income towards affordability for Residential and standard Buy to Let mortgages (previously 50%). The maximum LTV for Let to Buy lending has increased to [...]

From Monday 21st February the Standard Variable Rates (SVRs) for our residential mortgages will be changing in response to the increase in the Bank of England’s Base Rate. This means that the SVR for all new residential mortgage deals will be 3.99%. There is no change for Buy-to-Let mortgage deals, which will remain at [...]

Clydesdale Bank have announced improvements to their New Build and Newly Qualified Professional mortgages, take a look at what’s new. Improved new build incentives criteria Clydesdale Bank now accept cash incentives of as much as 5% of the purchase price up to 90% LTV. This includes cashback deals, stamp duty contributions and payment of [...]

Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This month's update includes: Livemore introduce Term Interest Only Mortgages (TIOs) Canada Life share a webinar on WeCare Pure Retirement enhance [...]

Pure Retirement Enhance Adviser Support Through A Restructured and Expanded Intermediary Sales Team Pure Retirement have underlined their commitment to supporting financial advisers in the later life lending sector through a comprehensive expansion of their Intermediary Sales team, helping to ensure that its adviser network has ready access to extensive support via relationship managers, [...]

Chorley Building Society offers a flexible approach to Later Life Lending After listening to feedback from brokers, we knew it was important to support borrowers by offering them a range of products that met their requirements for all stages of their life cycle with increasing demand to recognise their life needs. Our product range [...]

What’s on offer with WeCare Our new webinar exploring the health and wellbeing services available to home finance customers See further details here >>

Don’t spin the wheel of affordability: how to get the win for your later life clients. By Andrew Sadler, Key Account Manager, Suffolk Building Society. ______________________________________________________________________________________________________________ Getting your case approved can often seem like a game of chance, but not at the Suffolk. Our expert underwriters look at each case individually and we’ve got [...]

Livemore, helping the borrowers’ other lenders can’t reach Specialist lender, LiveMore, have launched their new Term Interest Only (TIO) mortgage for the over 50s. This product allows borrowers to get an interest only loan, with a term that matches their needs. LiveMore are a team of leading experts with specialist skills in mortgage finance [...]