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.
HSBC: Changes to our mortgage products
We’ve made the following changes to our mortgage product range. Summary of changes: 2 Year Fixed Standard at 70%, 75%, 80%, 90% and 95% (MGS) LTV reduced 2 Year Fixed Fee Saver at 60%, 80%, [...]
The Mortgage Lender: Announce new buy to let large loan products
The Mortgage Lender have a BTL large loan product with a completion fee of 0.5 per cent for loans above £500k and 0.75 per cent for loans over £750k. The reduced fees are available for [...]
Foundation Homeloans: Cut product fees on limited company specials
Your landlord clients buying or remortgaging via a limited company vehicle can now access even more competitive products. Foundation Home Loans has today reduced the product fees on their three ‘Limited Edition’ Limited Company buy [...]
Tipton Building Society: No Credit Scoring
Here at the Tipton we don't operate a computer credit scoring system. Because of this, all applications are manually underwritten by an experienced case handler without any regard to your clients credit score. This means [...]
Vida Homeloans: Launch two new products as part of our Residential offering
We’re delighted to inform you that we will be launching two new products as part of our Residential offering. New Limited Edition 85% LTV product The Limited Edition Residential product is up to 85% LTV [...]
Platform: Announce relaunch of products
On Monday 10 May 2021 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Criteria Change We will be making a number of updates to our [...]
Mansfield Building Society: Launch new 5 year fixed buy to let with reduced ICR
Mansfield launches new 5 year fixed buy to let with reduced ICR Mansfield Building Society has launched a new 5 year fixed rate standard buy to let mortgage with a reduced rental income calculation (ICR). [...]
Virgin Money: We’re making some changes
We wanted to let you know that we’ve made some changes to the following mortgages: Core 7 year fixed rate range will be withdrawn; £1m+ fixed rate range will be withdrawn; Selected BTL 10 year [...]
TSB: We’re making changes to our residential and buy to let products
We’re making changes to our Residential and Buy to Let products. I wanted to let you know that we’ve made changes to a selection of our Residential and Buy to Let products: Residential: We’re reducing [...]
Nationwide: Green reward and helping hand
Helping Hand now available Our Helping Hand option offers enhanced affordability across our existing range of 5 and 10 year fixed rate products up to 90% LTV for your first time buyer clients. Find out [...]
Skipton: Did you miss our spring webinars
Our spring webinars are now available to watch on-demand on the Skipton Talks Hub and our YouTube channel (have you subscribed yet?). Thousands of you registered to join the live discussions on topics that ranged [...]
Furness: Reduce rate on its fee free 2 year discount at 80% LTV
We've reduced the rate on our 2 year discount at 80% LTV and there's no fee! Priced at 1.79% this discount is likely to rank highly against other 80% discounts and could work for your [...]
