Weekly Mortgage Update – 07th August 2020

Weekly Mortgage Update – 07th August 2020

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.

Included in this week’s update:

  • Natwest announce important update on self-employed process;
  • Virgin Money make changes to self-employed mortgage documentation and announce product withdrawal;
  • Foundation Homeloans launch residential product.

Kent Reliance: Looking for a solution to support your self-employed client?

By Q4 2019 there were more than 5m self-employed people in the UK, a huge increase from 3.2m in 2000 [1]. With the self-employed now making up 15% of the entire labour force, it’s [...]

eConveyancer: Land & Buildings Transaction Tax and Land Transaction Tax update

With the recent announcements from the Scottish and Welsh governments regarding Land & Buildings Transaction Tax and Land Transaction Tax respectively, we wanted to let you know that eConveyancer is being updated to reflect [...]

LV=: Introduces new equity release drawdown product and adviser online portal

LV= is entering the equity release drawdown market with the launch of a new product – Lifetime Mortgage Drawdown+. In uncertain and fast-changing times, having future flexibility is reassuring for clients who want to [...]

Virgin Money: Changes to our self-employed mortgage documentation

Impacted by Covid-19 and may have received financial support from the Government. We are committed to helping business owners with their mortgages and therefore we are changing our mortgage documentation requirements to enable us [...]

Pure Retirement: Sign up now for our second *Unplaceables* Webinar

Join us for another ‘Unplaceables’ Zoom Webinar hosted by our BDM Anna Thompson on 12th August 10am – 11.30am We need your cases As the name suggests, this webinar is all about hard to [...]

Foundation Homeloans: Residential product launch

We have re-launched our Mainstream mortgage range for New Business. Product Changes Temporary withdrawal of selected mainstream new business products. All other products remain unchanged. New Business Mainstream Temporary withdrawal of 3 year fixed [...]

2020-08-07T11:25:02+01:00

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