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.
- Natwest reveals 95 per cent LTV broker range;
- Virgin Money say hello to greener mortgages;
- Legal and General Mortgage Club ask why advise a retirement interest only?
The Right Loan: Grow your business with us
Let’s work together to find your clients the most suitable loan for their circumstances. In return, you’ll earn a competitive referral fee for every completed case. How your client could benefit: Short Term Loans* Up to 80% LTV gross Below Market Value [...]
Legal and General Mortgage Club: Why advise a RIO?
Legal & General Mortgage Club members can access an exclusive fixed rate for life for RIO of 3.39% with no product fee. Offer may be subject to change. RIO: an adviser's experience - Why advise [...]
LiveMore Capital: Announce no arrangement fees in June
Today we announce that we are removing the arrangement fees on all new mortgage applications across our entire product range. Alison Pallett, LiveMore Sales Director, says “We are all about driving a better deal for [...]
The Mortgage Lender: 70% LTV 2-Year Fixed residential mortgage
RESIDENTIAL REMORTAGAE 70% LTV 2-Year Fixed KSPS: Zero upfront fees – no applications or valuation fees and free legals 70% LTV with competitive rates – starting from 3.67% Available to the whole market and cater [...]
Foundation Homeloans: High Yields Fuel Appetite for Competitive HMO Products
Here at Foundation Home Loans, we’re experiencing a surge in interest from landlords who are looking to diversify their portfolios. And this is especially apparent when it comes to HMO’s. Higher rental yields have certainly [...]
Virgin Money: Say hello to Greener Mortgages
This week, I’m featuring our new Greener Mortgages, our latest product changes, and some top tips from our mortgage processing team to help brokers submit business. Say hello to Greener Mortgages Virgin Money has launched [...]
NatWest: Reveals 95 per cent LTV broker range
Natwest has revealed its 95 per cent mortgage rates for deals placed through intermediaries with rates starting at 3.65 per cent. From Wednesday 2 June, the bank, which had previously only offered five per cent [...]
Vida Homeloans: Announce new product changes
We’re pleased to announce some further changes to both our Residential and Buy to Let product ranges. Buy to Let Price reductions on Vida 1 BTL BTL 2 year 75% LTV reduced by 10bps to [...]
Metro Bank: Buy to let enhancements
We have increased our Single AST (or Short Assured Tenancy/Private Residential Tenancy in Scotland) required from 12 months to a maximum of 36 months with an annual break clause in place. Please note, it is [...]
Halifax: Announce product changes
Halifax have made the following changes to the product range: Remortgage product changes Rate reductions of up to 0.15% on selected products New £1,499 and £0 fee products introduced. Please view the rate guide here [...]
The Mortgage Works: Landlord panel regional snapshot report
A regional view of landlord trends. We're pleased to share the final report from this quarter's BVA BDRC Landlord Panel research. For a regional view of landlord confidence levels, profitability and more, download our Regional [...]
Kensington: June completions and stamp duty
As we approach the end of June and the end of the first phase of Stamp Duty Holiday for purchases, as well as year-end for many developers, I just wanted to check in and ensure [...]