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:
Weekly Mortgage Update – 09th October 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 make rate [...]
Canada Life: We’ve enhanced some of our products
We're pleased to announce that we've enhanced a number of our products. With effect from 10am this morning - Tuesday, 6th October, we've made the following changes:We've reduced the interest rates on:Capital Select:Super Lite, Super [...]
NatWest: Make rate changes to products for new and existing customers
Effective from the 8th October, NatWest will be making rate changes across our new and existing customer ranges. For our new business products they have made rate increases of up to 15bps on purchase [...]
Coventry: Our product range just got bigger
More products. More choice. More flexibility. While many lenders are withdrawing their products from the market, we’re relaunching some of our more flexible residential mortgages. We’re bringing back, our Flexx Fixed range up to [...]
The Right Loan: Six reasons to use The Right Loan
Our aim is to provide professional, quality advice and recommendations to customers, whilst building excellent relationships with lenders as well as our valued our referral partners…. YOU. Since the rule of six is on [...]
Hanley Economic: Announce brand new products
We are pleased to release some new residential products that are available as of today; MFD384: 1.99% Fixed for 2 Years Max 80% LTV £299 App Fee (non-refundable) Free Valuation (or a contribution of [...]
Nationwide: Announce rate changes
We've increased 2, 5 and 10 year fixed and 2 year tracker rates at 85% and 90% LTV by up to 0.30% across our House Purchase range. Our 2, 5 and 10 year fixed and [...]
The Mortgage Lender: Landlord looking to increase property portfolios despite COVID-19
Three in ten landlords see the COVID-19 pandemic as an opportunity and the number of landlords looking to increase the number of properties they own has jumped by 71 per cent according to research [...]
Pure Retirement: Unplaceables webinar
Join us, together with Advise Wise for another 'Unplaceables' Zoom Webinar hosted by our BDM Anna Thompson 14th October 10am – 11am We need your cases! As the name suggests, this webinar is all [...]
Foundation Homeloans: 5 year fix with only 3 year ERCs returns
Foundation Home Loans has today announced the return of their buy-to-let five-year fixed rate product which comes with only three years of early repayment charges (ERCs). The product is available up to 75% LTV [...]
Precise Mortgages: Our Residential Mortgage products
Supporting you and your customers with specialist lending solutions. Here's a recap of our residential mortgage products to see how we can help your customers. Up to 75% LTV for purchase and remortgage; Available in England, Wales and [...]
Vida Homeloans: Rate Change Notification
Following our relaunch back into the intermediary market in August, we have received an overwhelming response from our intermediary partners and are receiving unprecedented application volumes. As a result, we are temporarily withdrawing a [...]
Bluestone Mortgages: We get your appetite for…
In the fast-moving environment in which we are all operating and with more lenders criteria being restricted during the coronavirus crisis, we have seen a strong appetite for our products. To help us process [...]
Virgin Money: Have your say, we’re all ears
We know how hard you work to get people moving up the property ladder. With so many policy, regulation and market changes, it’s not an easy job. We’d love to know what’s on your [...]
BM Solutions: Self-Employed Income evidence
To ensure you continue to comply with our policy that the most recent Tax Calculations and corresponding Tax Year Overviews are no more than 18 months old, please note that for all applications fully [...]
Mortgage Brain: Launches lender service report
Following lockdown, the housing market has experienced a significant rise in activity levels, with many lenders receiving high volumes of applications and requests. This is having a knock-on effect to lender service levels as [...]
LV= Lifetime Mortgage Changes- Effective 8th October
Interest Rate change The Lifetime Mortgage Drawdown+ rates will be decreasing as of 8th October, please see the attached rate table for information. Lending Policy Changes for Lump Sum+ and Drawdown+ From Thursday 8th [...]