Weekly Mortgage Update – 10th April 2020

Weekly Mortgage Update – 10th April 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:

  • Skipton relaunch residential purchase mortgages up to 75% LTV;
  • Nationwide Building Society release interest only product;
  • Accord Mortgages extend range of 80% LTV residential products & 85% on remortgages
  • Barclays reintroduce products up to 75% LTV on their remortgage range
  • Aldermore make changes to their residential and buy to let mortgage range;
  • Virgin Money confirm changes to their mortgages;
  • Halifax allow product transfers during payment holidays;
  • TSB is introduce desktop valuations.

Aegon make significant changes to their income protection plan

Aegon have launched some significant changes to their Income Protection plan that not only show that the protection market is still a key priority but also brings them back into the lower premium end [...]

AIG to start conducting virtual medical examinations

9th April 2020 AIG have announced that they expect to start conducting virtual medical examinations from the week commencing 13th April 2020 for life insurance applications only. The examinations are likely to be most [...]

Royal London: Join our webinar for practical solutions to working remotely

Join our webinar for practical solutions to working remotely Join Shelley Read, Senior Protection Development and Technical Manager, on Friday 17 April at 10.30am where she’ll help you identify best practice when working remotely. [...]

Aviva: Individual protection online and open for business and upcoming webinars

Aviva Webinar Series Improving the way you do business Join our webinars In light of recent events, we’re all experiencing a degree of uncertainty and challenge that these unprecedented times [...]

Legal and General: Supporting you in retaining your customers during Covid 19

We understand many of your clients may be facing a great deal of uncertainty at the moment. Our Existing Business Agent Hub keeps you informed of when your clients may have missed payments, or [...]

Guardian: Q&A now live and new remote pilot medical screenings

Another hectic week almost over, hope you’re safe and well and looking forward to a warm weekend! Following our regular updates we’ve received a lot of additional questions over this period. So we’ve put [...]

Scottish Widows: COVID19 Hub and support for you and your clients

Visit our Covid-19 adviser hub As we continue to face uncertainty around the Coronavirus (Covid-19), we have created a new Covid-19 adviser hub, bringing together key information and the latest market updates. This [...]

IMPORTANT NEWS from TSB: Mortgage Valuations – AVM’s

Automated Mortgage Valuations - AVMs To support customers, TSB is introducing desktop valuations in addition to Automated Mortgage Valuations (AVM’s) whilst it’s not possible for valuers to travel or gain access to properties. From [...]

Halifax green lights product transfers during payment holiday

Ian Wilson, head of Halifax Intermediaries, said: “Being there for our customers and intermediaries when they need us is our priority and we’re working hard through these unprecedented times to continue supporting the market. [...]

Atom Bank: They’re back – remortgages for existing customers

Last week, we temporarily withdrew all our remortgage, purchase and first-time buyer products. This week, we’re bringing you a revised remortgage range for existing customers. New remortgage products At 8am on Thursday 9 April, [...]

DigitalMove: Using e-conveyancing

DigitalMove gets the process started immediately and completed quicker! Some key highlights are: Digital Document Signing and ID Verification                                                                               DigitalMove allows customers to digitally sign documents on their desktop, tablet, or smartphone device, and [...]

Barclays: Very latest information for submitting and managing applications

Please see below for the very latest information for submitting and managing applications with Barclays. We love a quick chat At this time our telephony support colleagues are busy answering customer enquiries in addition [...]

Pepper Money: Important communication on New Business Enquiries

The impact of COVID-19 means that we are constantly assessing our resource allocation relative to the demands of our broker partners and customers. In order to continue to provide you with the best enquiry [...]

HSBC: Supporting our broker partners and your customers

HSBC remain committed to providing you with the very best service and a comprehensive range of products to support you through the most challenging times.  Our service capacity remains fully operational and we’re here [...]

Hodge: Fraud – helping your customers spot it and protect themselves

Fraud: helping your customers spot it, prevent it, and keep themselves and their families safe Unfortunately, as technology improves, so too do the methods fraudsters use to take advantage of it. During this difficult time, [...]

Just: Coronavirus business update and lifetime mortgage mythbusters

We understand that the spread of coronavirus will be causing many of you and your clients anxiety. To keep up to date with how we’re dealing with this fast moving situation, and to find [...]

Metro Bank: Criteria Underwriting and Product changes

CHANGES TO OUR PRODUCT RANGE AND CRITERIA Product changes We have reviewed our mortgage products and have increased our pricing across our Core Residential and Large Loan Ranges. We have also introduced a new [...]

Aldermore: We’re making some changes to our residential and buy to let mortgage range

Following the recent changes made to our valuation process, we’ve taken the decision to temporarily streamline our mortgage range so we can continue to process new applications and support our existing customers. The following [...]

2020-04-09T15:27:38+01:00

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