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:
The Right Loan: Consider short term loans to allow your client to complete for Christmas
A short term loan is a short-term lending product, that allows the customer(s) to secure finance against a property over a specified period. Typically, these loans are very flexible and do not need to be serviced via monthly payments towards [...]
Weekly Mortgage Update – 04th December 2020
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: TSB expand 85-90% [...]
Halifax: New 90% LTV for first time buyers
we are reintroducing first time buyer (FTB) purchase products at 85-90% loan to value (LTV). The products will initially only be available where the following criteria is met so that we can manage our [...]
Metro Bank: Joint Borrower, Sole Proprietor at 90% LTV
Our Joint Borrower, Sole Proprietor mortgage is available up to 90% LTV, giving greater choice to your customers who, like many first-time buyers, may find it difficult to raise a deposit or secure a [...]
Aldermore: Let’s talk about changes to our mortgage range
I'm pleased to let you know about the changes we've made to our residential mortgage range effective from today, Tuesday 1 December 2020. Following last month's successful 90% LTV trial, we've now reintroduced this [...]
Hinckley and Rugby: Update and exciting changes
‘Hinckley & Rugby Building Society are keen to update you on some exciting developments over the last few weeks! Changes to our broker portal We have spent time enhancing the broker portal for improved [...]
Principality: We’ve pledged not to repossess homes
We recognise that many people are facing financial difficulties right now and we will do all we can to help our Members that need it, which is why we've pledged not to repossess homes until [...]
One Family: Lifetime mortgages update
Removal of all 2-year fixed products from new business Variable rate product changes: The CPI has decreased to 0.5% and the new rates on new business Variable lifetime mortgages will be: Variable Lite Interest [...]
Virgin Money: We’re making some changes
We wanted to let you know that we’ve made some changes to the following mortgages. Core Selected 90% and 95% LTV product transfer rates will be increased by up to 0.40% If you’re applying [...]
Coventry: Remortgage specials: rebuild your Spring pipeline
Coventry for intermediaries is simplifying their portfolio landlord lending policy. They have reduced the stress rate from 5.5% to 5% for all portfolio calculations, and have also increased the minimum portfolio landlord Interest Coverage [...]
Foundation Homeloans: Remortgage specials: rebuild your Spring pipeline
Foundation Home Loans is pleased to announce an exciting new remortgage range for both buy-to-let and owner-occupied mortgages, designed to support you in building a caseload of remortgage business that is unaffected by the [...]
Precise Mortgages: Introducing our Limited Edition range of Buy to Let Mortgages
For your larger loan size cases, why not try our new flat fee fixed rate buy to let mortgages? Personal Ownership 3.59% 5 year fixed with £3,995 fee Affordability assessed at pay rate Loans [...]
TSB: 85-90% LTV range expanded to Home Movers and new products launched
TSB is re-introducing a full range of 85-90% LTV first time buyer and home mover products. First time buyer/home mover, 85-90% LTV, all with £500 cashback 5 year fixed, £0 fee at 3.94% (£995 [...]
Econveyancer: Say hello to equity release on eConveyancer
We are delighted to announce that a new Equity Release option is now available on eConveyancer! You can now receive a transparent, total cost illustration when quoting via eConveyancer. In line with the Equity Release [...]