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:
- Hanley launch new new RIO and fixed rate mortgages;
- Natwest launch free valuations on purchase and first time buyer exclusives;
- Precise Mortgages launch limited edition residential mortgages;
- Santander introduce ESIS for product transfers.
Canada Life: Launch Capital Select options
We have launched our Capital Select Options. This product reflects our commitment to the equity release market under our new brand, Canada Life. Our Capital Select Options offer: Capital and interest repayments (up to 10% [...]
Precise Mortgages: Don’t miss Precise Mortgages’ limited edition Residential Mortgages range
Precise Mortgages has launched a limited edition range of Residential Mortgages with rates reduced by up to 0.60% aimed at customers with less than perfect credit profiles. Tier 3 and 4 customers can choose from: [...]
Santander: Introduction of European Standardised Information Sheet for product transfers
We’ve replaced our existing Key Facts Illustration (KFI) that we issue in our Online Mortgage Transfer Service (OMTS) for product transfers with the European Standardised Information Sheet (ESIS). At this time, we’re only making the [...]
Barclays: Product changes
We are pleased to confirm, following your feedback, we are making some positive changes across our Residential purchase range with new products launching tomorrow, Tuesday 6th November, 2018. Key highlight - our competitive First Time Buyer [...]
Marsden: Family step mortgage guides
Everything you and your clients need to know about our Family Step Mortgages Family Step offers a mortgage solution up to 100% LTV with no need for borrowers to have a deposit and access to rates [...]
Accord Mortgages: October 2018 summary
New Build & HTB launch Really successful and maintaining the 24 hr service for getting valuations instructed to meet developers expectations Criteria Reminders Up to 90% LTV inc flats for New Build Offer extension [...]
Magellan: Why choose Magellan?
Residential Self-employed accepted with one year’s trading history; Up to 85 per cent LTV on Near Prime products; Complex income structures and Contractors accepted; CCJs, Defaults, Arrears, DMP/DAS, IVA/Trust Deed and Discharged Bankruptcy/Sequestration considered; [...]
The Mortgage Lender: We don’t let arrears stop people moving forward
The way forward in lending is putting arrears behind us all. Behind your clients, most importantly. How do we do that? We happily consider applicants with previous arrears, CCJs, or IVA and bankruptcy history; We [...]
Paragon: New buy-to-let products
We have launched some new products for expat landlords and holiday let properties. To go alongside these, we have created two pdf’s which outline the product criteria. Holiday let property criteria and submission requirements [...]
More 2 Life: Capital Choice Plus rates are increasing
Rates on Capital Choice Plus will increase today (Friday 9th November 18). 4.75% (MER) 4.85% (AER) on lump sum plans without cashback 5.09% (MER) 5.21% (AER) on lump sum plans with cashback 4.80% (MER) 4.91% [...]
Nationwide: Our mortgage New Business telephone number has changed
If you're calling for an update on a case that you've already submitted, please call us on 0800 30 20 11 from 8am-6pm, Monday-Friday (except bank holidays). Once you've dialled, please select: Option 4 for [...]
Hanley: Launch new products
We are pleased to have launched the below new mortgage products: A new range of RIO mortgages - more information can be found here 1.60% Fixed rate mortgage for 2 years - more information can be [...]
The Family Building Society: We’re implementing the new ESIS illustration
We have switched from issuing a KFI to a ESIS for all regulated mortgages. All of our Owner Occupier application forms will state ‘illustration’ rather than ‘Key Facts Illustration’. For more information and how this [...]
Virgin Money: offer 95% LTV for remortgages
Virgin Money have launched a new range of 95% remortgage products which come with free valuations and standard legal work, as well as being fee-free. Only same balance transfers are accepted above 90%, and don’t [...]
NatWest: Launch free valuations on purchase and first time buyer exclusives
NatWest will be introducing free valuations on all Intermediary purchase and First Time Buyer exclusives. Coupled with this we are also introducing cashback on all Intermediary remortgage exclusives up to 90% LTV. There are a [...]
Weekly Mortgage Update – 09th November 2018
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: Hanley launch new new [...]