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:
- Together launch 2 year fixed rate residential mortgage;
- Special Purpose Vehicles (SPV) fact sheet from Precise Mortgages;
- Exclusive solutions for homebuilding clients from Build Loan;
- Marsden don’t see age as a barrier;
- L&G Home Finance reduce interest rates.
Who cares wins! Keyworker customer types
Take a look at the below examples of some of our Key Worker customer types and how Vida could help them in their home ownership journey Kaye - NHS Nurse Kaye provided her past [...]
Buckinghamshire BS has announced 12% growth in mortgage book in 2021
Buckinghamshire Building Society has today announced 12% growth in mortgage book in 2021. Following a very successful year, Buckinghamshire Building Society are today announcing pre-tax profits of £1.77m for 2021– almost double that [...]
The Role of Specialist Finance in the 2022 Re-mortgage Boom
The Role of Specialist Finance in the 2022 re-mortgage Boom 2022 presents an unmissable opportunity for brokers, as a significant number of existing Residential and Buy-to-let clients reach the end of their current mortgage [...]
Weekly Mortgage Update – 26th November 2021
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: Foundation launches professional [...]
Weekly Mortgage Update – 19th November 2021
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: Hinckley and Rugby [...]
Later Life Lending Update – 18th November 2021
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This [...]
Air Mortgage Club Later Life Lending Census 2021
Over the last three years, the term 'Later Life Lending' has become familiar to most people in financial services but where has it come from and what does it mean? To answer that, you [...]
more2life: Borrowing in Later Life Report -Rising Debt levels for over 55s
In August we launched our 2021:Borrowing in Later Life report. A key theme running through the report, among others is the rising debt levels for the over-55s. more2life Corporate Marketing Director, Stuart Wilson, takes you through [...]
Live More: Flexible Affordability Criteria
A quick reminder of some our flexible affordability criteria Highlights include: No Maximum age 👴👵 Up to 75% LTV 📈 Loans from £10K up to £1.25 million 💰 Sound good? Our sales team are [...]
Canada Life: Rate Change
We're making changes to our Lifestyle Select Options Read the full update now
LV= Lifetime Mortgage Update
With effect from Friday 5th November, we’re making the following changes to our Lifetime Mortgage Products. We’re decreasing rates on: Lifetime Mortgage Drawdown+ Lifetime Mortgage Lump Sum+ Please see the attached rate tables for [...]
Just: Changes to the Just for you lifetime mortgage
On Wednesday 10th November, we are increasing the interest rates on our J1, J2, J2.5 and Green LTV series J1 Interest rates are shown without cash facility loading or interest servicing reductions [...]
LV= : Five ways LV= is committed to fair value for your clients
Download the "Five ways LV= is committed to fair value for your clients" below Download the guide now
Weekly Mortgage Update – 12th November 2021
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: Nationwide reintroduces tracker [...]
Weekly Mortgage Update – 5th November 2021
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: Bluestone Mortgages introduce [...]
Weekly Mortgage Update – 29th October 2021
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: Bupa's insight into [...]
Foundation Homeloans: How to check the EPC of your client
Anyone can check the Energy Performance Certificate (EPC) of a property here, and you should always do so - not only to verify it's there before you submit a mortgage application but because you may [...]
Foundation Homeloans: How to meet your self-employed clients’ shifting homeownership aspirations
On the back of such an uncertain period for many people, it’s vital for lenders to establish a real understanding of how people view their homes (whether rented or owned), how/why any views may [...]
Halifax Intermediaries – Product Launch | 01.11.2021
Changes to our product range On Monday 1 November, we’re making the following changes to our product range: First time buyer and home mover products including New Build and Affordable Housing – Shared Equity [...]
Skipton Building Society: 95% LTVs
Policy update Great news! We’ve increased our maximum LTV to 95% for certain types of applications, in a positive step that sees us return to our pre-COVID lending policy. Key Changes Joint Borrower Sole [...]
Virgin Money: Improvements to our lending criteria
We’ve improved our lending policy to give customers more choice and greater access to our mortgages. Today, we have: Increased our new-build maximum LTVs Simplified our bonus policy Increased the maximum term at 95% [...]
Bluestone Mortgages: we’ve made some changes to our product offering…
We pride ourselves on our communication and transparency with our brokers, so we wanted to let you know we’re making some changes to our product rates. The new rates will come into effect from [...]
Is your customer thinking of purchasing a second home or looking to remortgage an existing one? Metro Bank is here to help.
SECOND HOMES Is your customer thinking of purchasing a second home or looking to re‑mortgage an existing one? Metro Bank is here to help. Please note, our Broker Helpdesk will be closing at 3.45pm [...]
Pepper 60: Ideal for those with a near perfect credit profile, ready to remortgage
Pepper 60: Ideal for those with a near perfect credit profile, ready to remortgage According to the ONS, UK house prices have risen at the fastest rate since 2004, increasing many homeowners' equity within [...]
Buckinghamshire Building Society: Self-employed not as spooky as you think!
Do you have clients who are self-employed wanting to get on the property ladder? As of July 2021, there are approximately 4.3 million self-employed people in the UK and this figure is steadily increasing.* [...]
Enterprise Finance: 8 Reasons to use bridging finance
Bridging loans are an extremely useful solution for property professionals and individuals in need of short-term cash injections. From buying a property at auction to paying an unexpected tax bill, discover 8 uses for [...]
Skipton Building Society: Our second podcast with Mortgage Solutions is here!
Don’t miss this brand new podcast! Want to know how the last couple of years has changed the mortgage application process for complex cases? And what you as brokers can do to help applications [...]
Generation Homes Trigold Sourcing
Generation Homes - Trigold Sourcing The above lender is not available to our members on Trigold. To recommend Generation Homes you will need to carry out usual Trigold research and separately source Generation Homes [...]
Fleet Mortgages: Price Reductions Across the Full Fleet BTL Mortgage Range
Fleet Mortgages is an intermediary only BTL lender who caters for both professional and semi-professional landlords, on an Individual or Limited Company/LLP basis, for both regular residential properties, HMO’s and Multi Unit Blocks. Fleet [...]
Weekly Mortgage Update – 22nd October 2021
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: Legal & General [...]
Legal & General: Brand new exclusives and a semi-exclusive available to Mortgage Club Members
Brand new exclusives and a semi-exclusive available to Mortgage Club Members! We are delighted to share new exclusives from Hinckley & Rugby Building Society and a new semi-exclusive from Melton Mowbray Building Society available [...]
The Mortgage Lender: TML Portfolio Lending (BTL)
TML Portfolio Lending (BTL) We can lend up to £5 million with no limit on the number of properties in the landlord’s portfolio. That’s potentially very useful for your larger portfolio clients as well [...]
Pepper Money: Pepper 60 remortgages and AVMs launched
Your remortgage customers could be better with Pepper Pepper Money has made two further additions to their product and service proposition to help you place more Residential remortgage customers. For the first time on [...]
Natwest: Pricing Change – Green Mortgages
New Business Core Range – Rate Changes Green Purchase: Rate increases of 5bps on selected 2 and 5 year deals respectively Green Remortgage: Rate increases of 5bps on selected 2 and 5 year deals [...]
Foundation Homeloans: New Limited Edition buy to let ERC-free variable discount
NEW LIMITED EDITION BUY TO LET ERC-FREE VARIABLE DISCOUNT FROM FOUNDATION HOME LOANS On Thursday 21st October, we are launching a new Limited Edition 2-year Discount Product with no ERCs, no application fee and [...]
Foundation Homeloans: How to check the EPC of your client’s property
How to check the EPC of your client's property... and a bonus reason why you should! Anyone can check the Energy Performance Certificate (EPC) of a property here, and you should always do so [...]
Enterprise finance: Better Bridging. Rates from 0.44%. Super-fast completions.
Better Bridging. Rates from 0.44%. Super-fast completions. When there is a need to raise funds quickly, bridging finance can often be the perfect solution. These short-term products are ideal for auction purchases, home improvements [...]
Livemore: REGISTER FREE NOW! Self-employed income LIVE Webinar
We are hosting our first ever underwriting webinar! Join us on October 26th at 12:30pm for our 30-minute webinar on our approach to self-employed income. The webinar will be hosted by: Matthew Evans – [...]
Vida homeloans: BTL Expats
Do you have an Expat case you need to place? Vida can help! Take a look at our key Expat criteria below: We serve British citizens living or working in selected EEA or worldwide [...]
Ipswich Building Society – name change operational update
From Ipswich to Suffolk: launching 9 November. Suffolk Building Society is the new name for Ipswich Building Society. New name, new look, the same dedication to broker partners. On Tuesday 9 November Ipswich Building [...]
Kensington Mortgages: The Changing Landscape for the Self-Employed
The mortgage industry has seen immense change over the last 18 months and with the uncertainty prompted by the pandemic that extended well into 2021, an area that we’ve continued to see real demand [...]
Later Life Lending Update – 21st October 2021
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This [...]
Pure Retirement’s new Emerald Range
Equity release specialists, Pure Retirement, have announced the launch of a new suite of lifetime mortgage products aimed at borrowers aged from 55-95 and with flexible repayment options and enhanced LTVs. Under the new [...]
more2life: Borrowing in later life report 2021
We've issues our latest 'Borrowing in Later Life' Report containing some interesting findings, such as: Total debt of people aged 55 and over is set to rise from £226 billion in 2020 to £236bn [...]
JUST: Use medical underwriting to help your clients get a better Just For You Lifetime Mortgage deal
Six in 10 people could borrow more, or get a better interest rate to reduce their borrowing costs with the Just For You Lifetime Mortgage medical underwriting option. We’ve added medical underwriting across our [...]
JUST: Helping you deliver lifetime mortgage solutions unique to every client
We’ve added medical underwriting across our Just For You Lifetime Mortgage range to help you respond to the FCA’s challenge for improved personalisation. And six in 10 people could borrow more, or reduce their [...]
Habito: October Webinars
We’ll be holding two free webinars for brokers to find out everything about the Habito One mortgage range and how it could help your home-buying or remortgaging customers. Habito One is the UK's ONLY [...]
Weekly Mortgage Update – 15th October 2021
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: Buy to Lets [...]
TSB: Changes to residential products
TSB has made changes to their residential products which include selective rate reductions, with two year reduced by up to 0.20% and 5 year reduced by up to 0.55%.
HSBC: Managing your customers’ expectations
Managing your customers’ expectations Please refer below for our current service levels to help manage your customer’s expectations for new applications. Important timescales New fully-packaged ‘right first time’ applications to approval are taking on [...]
Paragon: Important: upcoming criteria changes
What's changing? Following a review of our affordability assessment, from Wednesday 13 October, your clients' rental property income must be able to cover the mortgage amount requested, including any fees that are added to [...]
Coutts Mortgage Refreshed Mortgage Rates
Refreshed Mortgage Pricing - October 2021 This communication summarises key changes being made to Mortgage pricing for Coutts as of Monday 11th October 2021. 2 Year Trackers have reduced by 0.25% across all LTVs, [...]
The Mortgage Lender: Buy to let for SPV
TML SPV's (BTL) An SPV is a great way to leverage expansion on a portfolio. A lot of lenders insist on the SPV being up and running for a minimum time. Not us. We [...]
Metro Bank: Joint Borrower Sole Proprietor
JOINT BORROWER, SOLE PROPRIETOR UP TO 95% LTV Our Joint Borrower, Sole Proprietor solution is perfect for first time buyers wanting to get on the property ladder, for older borrowers whose circumstances have changed [...]
Newbury Building Society: 90% LTV lending is back for standard residential mortgages
90% LTV lending is back for standard residential mortgages across England and Wales*. Available now on our 3 year discount and 3 year fixed until 29 November 2024 mortgage products. Also… our ExPat BTL [...]
Natwest Product changes
NatWest to make rate reductions across Existing Customer product range Effective 12th October we are making changes across our Existing Customer product range, which reductions of up to 20bps on standard switchers and 13bps [...]
Lender Focus: Fleet Mortgages – The evolution of the landlord
Fleet Mortgages is an intermediary only lender who caters for both professional and semi-professional BTL landlords, on an Individual or Limited Company/LLP basis, for both regular residential properties, HMO’s and Multi Unit Blocks. Steve Cox [...]
WestOne: Dispelling the myths of specialist buy to let
It’s the final week of myth busting specialist buy-to-let with West One and they have two final misconceptions to clear. Find out more and how to be in with a chance to win a [...]
Digital mortgages by Atom Bank: Our lending criteria is changing for the better from 13.10.21
We’re getting in touch to tell you that we’ve updated the lending policy for both our Prime and Near Prime mortgages — these changes come into effect from 13th October. Not only have [...]
Accord Mortgages: Common sense, it’s in everything we do …
At Accord you can expect a common-sense approach, not just to lending but applied to everything we do, with every case for every broker. Flexible underwriting We understand the need for speed and service [...]
Kent Reliance: Specialist mortgage cases are our Bricks & Mortar
Specialist mortgage cases are our bricks and mortar With our range of market knowledge, flexibility and resources, we’re able to offer help where other lenders may struggle. Combining a common-sense approach and willingness to [...]
Weekly Mortgage Update – 8th October 2021
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: Interbay relaunch their [...]
Kensington Webinar – How customer needs have evolved over time
October 21st will see Kensington host the 11th of our Webinar series at 10am, where Key Account Manager Eloise Hall will be reviewing and discussing ‘How customer needs have evolved over time, and how [...]
HSBC: Supporting you with Buy to Let mortgages
Supporting you with Buy to Let (BTL) mortgages From Wednesday 6th October, we are launching our new BTL proposition for Intermediaries. BTL policy overview Applications are assessed on a Rental Funded basis only Rental [...]
Bluestone Mortgages: Expanded product range to whole of market
Bluestone Mortgages have expanded their product range to whole of market Buy to Let now available Read the full update now
Westone Loans: Dispelling BTL myths
With so many misconceptions around specialist buy-to-let, the team at West One are sorting the fact from the fiction and this week tackling two myths. Find out more and how to be in with [...]
Interbay: Buy to Let range relaunch
I am delighted to announce that as of Thursday 7 October we will be introducing a new range of enhanced products in the InterBay Buy to Let range and whilst I appreciate that not [...]
Hodge: Capital Repayment
Did you know, we now offer capital repayment as well as interest only across our 50+ and Holiday Let mortgages? A time of change is well and truly upon us, the new normal and [...]
Landbay: Rate reductions on Special Edition BTL range!
We've refreshed our Special Edition range featuring rate reductions across the board and added two new Green products. Special Edition highlights Two year Standard rates from 2.79% Small HMOs from 2.89% Up to 70% [...]
Teachers Building Society: Buy before selling to break the chain
When SPF told us their client needed to secure the purchase of a new home before selling their existing property to give their children access to the right school we had the perfect solution: [...]
Santander: How to get quicker case updates for mortgage administrators
How to get quicker case updates for mortgage administrators For quicker case updates via the Mortgage Application Tracking System, don't forget to register your mortgage administrator for Introducer Internet access. They can: Set up [...]
Halifax: Product launch and updates
Halifax Intermediaries product launch 06.10.2021 Find out more Changes to our product range On Wednesday 6 October, we’re making the following changes to our product range: First time buyer and home mover products including [...]
Livemore Webinar: A fresh look at affordability
A fresh look at affordability – a webinar from LiveMore Are you wondering how much your semi-retired, self-employed clients can borrow from LiveMore, or if your single applicant with rental income will be able [...]
ULS Technology: Introducing DigitalMove exclusively with the econveyancer portal
Introducing DigitalMove exclusively with the enconveyancer portal
Scottish Building Society: Personal, Flexible, Trusted.. Now in Northern England
Personal, Flexible, Trusted.. Now in Northern England.. At Scottish Building Society we've been helping people buy their homes for over 170 years. Our enduring success is founded on a robust business model, skilled people, [...]
3mc: Foreign National and Expat referral route through 3mc
Foreign National and Expat referral route through 3mc We have arranged for TRM advisers to introduce Foreign National and Ex Pats clients to the packager 3mc. The service offered covers all types of enquiries [...]
Zephyr Homeloans: 007 great reasons to consider Zephyr
007 great reasons to consider Zephyr To mark the release of the latest Bond film in cinemas, here’s why you should always spy on Zephyr for your specialist BTL cases… £0 application fees* 0% product fee [...]
MetroBank: 90% LTV New Build Residential on houses and flats & Capital Raising up to 90% LTV
90% LTV New Build Residential on houses and flats & Capital Raising up to 90% LTV New Build enhancements NEW - Our residential products are available at up to 90% LTV. Our 90% LTV [...]
Weekly Mortgage Update – 1st October 2021
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: Pepper Money; limited [...]
Skipton Talks webinars are back. Sign up today for the autumn/winter series.
Skipton Talks autumn/ winter webinars Rachael Hunnisett is back with a brand-new series of webinars and this time she’ll be joined by co-host, Derek Adams. Throughout October and November, they’ll discuss some of the [...]
The Mortgage Lender: TML Large Loans product (BTL)
TML Large Loans product (BTL) We all know size matters, and right now the booming BTL market wants bigger, better loans. See below our Large loan highlights; KSP's: Available to individuals, limited [...]
Livemore: Payment breaks
Need to take a break? When a customer is hit with vulnerability that affects them, or the person they share the mortgage with, it can be stressful. Customers want the re-assurance of flexibility around [...]
Legal & General: Join the Mortgage Club Sparks series
Join our New Build 'Sparks' series As the new face of the Club's New Build proposition, I'm delighted to announce a series of virtual events under our 'Sparks' umbrella that will be focused upon [...]
Enterprise finance: Need bridging finance to save an auction purchase?
Finance beyond the high street.... Need bridging finance to save an auction purchase? When purchasing a property at auction, there are several risks. One of those risks is not being able to fund the [...]
Pepper Money’s latest Limited Edition products
Limited Edition products available across both Residential and Buy to Let mortgages Pepper Money recently launched new Limited Edition Residential products, plus their Buy to Let Limited Edition product is still available for your [...]
Coventry launches Green Together Reward
Coventry for intermediaries offers a £500 incentive for clients keen to make energy-efficiency improvements The newly launched Green Together Reward is an initiative to help customers try and reduce the energy they use in [...]
Bank or Ireland: Top Tip Tuesday talks Bespoke agreed cases
Application for loan of £1,800,000 at 75% LTV The applicant held a senior position in a large bank and was paid a large income as well as bonuses. The size of loan they wanted [...]
HSBC: Changes to lending policy
Changes to our Income Policy for self-employed mortgage customers Following our ongoing commitment to ensure our mortgage credit policy remains fit for purpose, we’re changing the documentation required to evidence income for self-employed mortgage [...]
Teachers Building Society: Income solutions hotter than the September Sun
Complex case washout? Our income solutions will make the sun shone for your clients Do you have clients who are asset rich but traditional income poor? Do their assets include a mixture of cash, [...]
Santander: Introducer Internet improvements
Great news! We’ve simplified our full mortgage application (FMA) process in Introducer Internet to help improve our service and reduce your client’s time to offer. Removed some of the questions we ask you in [...]
Furness Building Society: Green Self Build Mortgages
CASH BACK FOR GREEN SELF BUILDERS WITH FURNESS BUILDING SOCIETY The Cumbria-based Building Society has unveiled its first collection of green mortgage products in an exclusive collaboration with BuildLoan. Furness Building Society [...]
Weekly Mortgage Update – 30th April 2021
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: Halifax announce rate [...]
Weekly Mortgage Update – 22nd May
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: Accord, Ipswich Building [...]
Weekly Mortgage Update – 25th October 2019
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: Coventry for intermediary’s [...]
How Precise Mortgages can help your First Time Buyer customers
· Rental history not compulsory - can be still residing with parents · Full gifted deposit from family accepted (includes aunts and uncles) · Minimum income of £15,000 (including overtime/commission/bonus 50% taken) · 1 year’s [...]
Weekly Mortgage Update – 28th June 2019
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: Halifax make product [...]
Weekly Mortgage Update – 21st June 2019
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: Halifax & Clydesdale [...]
Later life planning Update – June 2019
Welcome to this month's lending into retirement 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: Canada [...]
The Hanley: Product withdrawal
Please note, we are withdrawing the following product with immediate effect; MFD292 1.55% Fixed Rate for 2 Years Outstanding applications are to be fully packaged and with the Society by COB by 15th February. [...]
Vida Homeloans: Relaunches product range and enhances service proposition
Vida Homeloans is pleased to announce an overhaul of its Residential & Buy to Let product range with effect from Thursday 24th January - the biggest change since launching into the intermediary market in October [...]
Enterprise: Take a fresh look at financing opportunities
Our quick turnaround and flexible bridging loans on offer could be the perfect solution for purchasing an uninhabitable property or funding a lease extension. Available Second Charge mortgages could be used to pay off a [...]
Atom Bank: Mortgage rate changes
We’ve made rate changes across our range of residential mortgage products. Here’s what you need to know: We’ve decreased rates for 51 of our 2, 3 and 5 year products; We’ve increased rates for 10 [...]
Marsden: Merry Christmas & Win £100 Love2Shop vouchers
We want to send a Merry Christmas and a Happy New Year out to our Intermediary partners and a big thank you for your support this year. We look forward to working with you all [...]
Santander: Meet your dedicated Underwriting Support Team
Supporting you The Underwriting Support Team work alongside our underwriters and have an extensive knowledge of Santander criteria. For full mortgage applications which have been given a ‘Maximum loan decision’ they should be your [...]
Kensington: A look back over 2018 and why the best is yet to come
Apart from the heatwave and our near miss of the world cup title, 2018 is likely to be remembered as another year of political and economic uncertainty. Despite this, the mortgage market stayed resilient. For [...]
Clydesdale Bank: Product Changes
We're making changes to some of our 2 year fixed rate products. What’s Changing? Rates on the following two year fixed rate products are increasing and we'll be launching a new 60% LTV product in [...]
TSB: has made changes to Residential Products
TSB has increased Cashback on Shared Ownership and Shared Equity Remortgage products to £500, extended the end dates on all Residential products and made a selection of rate changes across the range. Here’s a summary [...]
Pure Retirement: We are making improvements to our KFI Portal
We are making improvements to our KFI Portal. Access will therfore be unavailable from 4.30pm on Monday 17th December until 9am Tuesday 18th December. Apologies for any inconvenience caused
Enterprise: Are second charge mortgages on your radar?
When a remortgage or a further advance isn't suitable for your client's needs - what ideal alternative springs to mind? Second Charge mortgages? If they don't - maybe it's time for you to reconsider. You already [...]
Precise Mortgages: Digitally verified identification documents now accepted
Precise Mortgages is now accepting documents which have been verified using an approved digital identification solution if online identification is unsuccessful. The specialist lender will now accept digital identification in the form of a copy [...]
Aldermore: Expands support for homeowners struggling to remortgage
Specialist mortgages that give credit, where credit's due. At Aldermore we recognise that things can happen with your client's credit rating and if they already have a mortgage this can cause them problems when their [...]
Coventry: Product update
Closing products Residential and offset Upto 65% LTV Over 65% LTV Buy to let Upto 65% LTV Over 65% LTV Opening products Residential and offset Upto 65% LTV Over 65% LTV Buy [...]
Weekly Mortgage Update – 21st December 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: Coventry update products; Clydesdale [...]
Golden Charter: Are funeral plans right for my clients?
Adding an additional product to your portfolio can offer a great opportunity to get in touch with your clients and for you to strengthen your offering. Becoming a Golden Charter intermediary allows you to help [...]
Canada Life: We’re enhancing our Bespoke Underwriting process
We're enhancing our Bespoke Underwriting process We've listened to your feedback and are very pleased to say that with effect from 10am today, Monday 10th December, we're enhancing our Bespoke Underwriting process. You will [...]
Hodge: Rate drop & increased commission
Rate Reduction 17th December 2018 for Flexible Lifetime Mortgage and Lump Sum Lifetime Mortgage. Flexible Lifetime Mortgage* Was 4.35%(MER)/4.44%(AER) New rate 4.26%(MER)/4.34%(AER) Lump Sum Lifetime Mortgage Was 4.16%(MER)/4.24%(AER) New rate 4.06%(MER)/4.14%(AER) We're lowering rates for our [...]
Fleet Mortgages: New products and Criteria changes
Please see the highlights of changes that are going live as of today (14/12/2018) Key product & Criteria Highlights Introducing new products across Standard and Limited Company Free Valuation for Standard and LTD range for [...]
LV=: Missed our webinar? Watch it online now
With extended coverage, extra benefits and a wider eligibility than ever before, Income Protection from LV= is here to help you reach more clients. Watch our Extended IP webinar online Last month we held some [...]
Buckinghamshire Building Society: launch two new contractor mortgage schemes
I am delighted to confirm we have launched two new contractor mortgage schemes and attach product information for your information. All our general specialist lending criteria applies including: 7m contracting with 1 renewal acceptable Use [...]
Marsden: Let us know how we’ve done
Can we have your opinion for a chance to Win £100 worth of Love2Shop vouchers We want your opinion so we know how we've done in 2018 and what we can do forward in 2019 [...]
NatWest: Changes to our intermediary mortgage range
We've made some changes to our mortgage range. You can download a PDF of the updated range for New customers here. For a summary of the changes, visit the Latest News section on our home page. [...]
Virgin Money: Confirmation of product change
Today we made changes to selected residential products and launched new low-LTV intermediary exclusives. New Intermediary Exclusives 2 year fixed rates start from 1.67% up to 65% LTV with £995 fee 3 year fixed rates [...]
Santander: New 60% and 75% LTV products and rate reductions on our mortgage range
We’ve launched new 60% LTV remortgage specials and a 75% LTV Help to Buy product. We’ve also reduced selected 2 and 5 year fixed rates across our range at different LTVs. NEW! Remortgage specials (remortgage [...]
Aldermore: Mortgages for big dreams but small deposits
Tiered pricing now available across Help to Buy: equity loan mortgage range We understand getting on the property ladder for the first time isn't always easy and raising a deposit is still one of the [...]
The Hanley: New residential products
We are pleased to inform you of 2 brand new products from Hanley Intermediaries: MFD292 1.55% Fixed Rate for 2 Years - 80% LTV / £799 Fees MFD291: 2.69% Fixed Rate for 2 Years - 95% LTV [...]
Kensington: Christmas opening hours
Please find below our business hours for the festive period: Monday 24 December 2018 All offices will close at midday Tuesday 25 December 2018 UK public holiday Wednesday 26 December 2018 UK [...]
Atom Bank: Phishing email alert
We’re aware that some of our brokers have received phishing emails claiming to be from us. If you’ve received an email from "Atom Bank" from a dodgy-looking mail@notice.com address, delete it without opening. Remember: all communications [...]
Weekly Mortgage Update – 14th December 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: Digital Mortgages phishing email [...]
Brightstar: Guide to commercial finance
Below is the link to the latest in our series of ‘guides to’. This covers an overview of the full spectrum of commercial finance. This includes non-property backed solutions which I hope will highlight the [...]
Foundation Homeloans: Are your residential clients missing out on mainstream mortgage lenders?
There are many reasons why your residential mortgage clients may be missing out on a mortgage from a mainstream mortgage lender. These reasons can range from too frequent credit searches to financial associates with bad [...]
Together: Shocking statistics describe a mortgage industry that’s ‘not fit for purpose’
A study by specialist lender Together has found that borrowers are being let down by mortgage providers, with 54% of applicants denied for a loan for reasons that could be considered 'normal' by most people. [...]
Furness: Lowers rates on fixed rate mortgages and introduces new 3 year product
Furness for Intermediaries reduced rates on its fixed rate mortgage range which is available across England, Scotland and Wales. The new fixed rate products include a 2 year product at 2.69% (90% LTV), 3 year [...]
NatWest: Secure Document Upload Facility
In June we introduced a couple of solutions that allowed brokers to feel confident about the security of documents that they send to us in form of TLS and Egress Switch. We also informed you [...]
Buckinghamshire Building Society: Raised maximum procuration fee cap
I am delighted to inform you that Buckinghamshire Building Society has increased the cap on procuration fees paid to brokers across our mortgage range. The maximum procuration fee for residential, buy to lets and product [...]
Kensington: Thank you for your support
As we look back on 2018, this has been a year of continued growth for Kensington. We are the UK’s leading residential specialist mortgage lender, our mortgage book now stands at over £5bn and this [...]
Marsden: Don’t let age be a barrier
Don't let age be a barrier when it comes to finding a lending solution We don’t solely go off age when it comes to supporting your clients with a mortgage but instead factor in mortgage [...]
Paragon: NEW! 80% LTV buy-to-let portfolio and non-portfolio products
Portfolio products 3.99% 2 year fixed 80% LTV HMO/MUB £150 application fee 0.25% product fee Free mortgage valuation £250 cashback* 3.99% 2 year fixed 80% LTV HMO/MUB £150 application fee 0.25% product [...]
Barclays: Residential and Reward range changes
Following on from the rate reductions we made last week, we are pleased to confirm we are making some more positive changes to our Residential fixed rates with new products launching tomorrow, Friday 7th December. [...]
Family Building Society: Tell us how we’ve been doing
As 2018 comes to an end, we’d love to know how you think we’ve been doing this year, so we’d be grateful if you could complete our Broker Survey. It shouldn't take you longer than [...]
Enterprise: Helping buy to let mortgage prisoners
According to figures from the Intermediary Mortgage Lenders Association, investment in Buy-to-Let properties fell by 80 percent from £25bn in 2016 to £5bn in 2017. With extra stamp duty and stricter regulatory and lender tests [...]
Santander: Proof of deposit
Please give full details of the deposit in Introducer Internet > New application > Loan required > Loan details. For gifted deposits: In Introducer Internet please detail the full name(s) of the person providing the gift, [...]
Leeds Building Society: Retirement interest only mortgages
Are you wondering how retirement interest only (RIO) mortgages compare to standard interest only (IO) and lifetime mortgages? When considering your clients' needs, it's important to know that RIO is not a replacement for either [...]
Precise Mortgages: Get an indication of how much your customer could borrow on a Residential Mortgage in seconds
If you’d like a quick indication of how much your customer could borrow on a Residential Mortgage, our new affordability calculator could be the solution. It’s simple and easy to use, and in just a [...]
Weekly Mortgage Update – 07th December 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: Barclays make changes to [...]
TSB: Introducing Free Standard Valuations and extended the end dates on all Buy to Let products
TSB has introduced Free Standard Valuations and extended the end dates on all Buy to Let products effective from today. Here’s a summary of the Buy to Let changes: Extended end dates on all Buy [...]
Pepper Money: The interesting case of the historical student credit card
Previous missed payments, an adverse credit history or a credit blip can affect a person’s credit score. But a credit score doesn’t tell the full story of an applicant’s circumstances. That’s why Pepper Money don’t [...]
Precise Mortgages: Helping customers with adverse credit get the Residential Mortgage they want
If a credit blip in the past is stopping your customer from getting the mortgage they need now, Precise Mortgages’ limited edition range of Residential Mortgages could be ideal. 75% LTV 80% LTV 85% LTV [...]
More 2 Life: Maximum and Tailored Choice are changing
Our Maximum Choice and Tailored Choice plans have changed. So what's changed? Tailored Choice LTV decreases across Tailored Choice range; Changes to the Cashback feature; Rates are decreasing for ages 55 - 70 and increasing for [...]
3MC: New buy to let packager exclusives
We are pleased to announce the launch of new Buy to Let Packager Exclusives with The Mortgage Lender. The exclusive products are the lender's lowest interest rate products with a percentage lender completion fee. Click here to view [...]
Bluestone: We’ve reviewed our rates
We’re making some changes to our product rates. The new rates will come into effect from 29th November 2018. The sourcing systems are processing this update and the changes will be reflected shortly. The new [...]
Aldermore: We’ve updated our Residential and Buy-to-Let Submission Guidance
We're always looking at ways to improve the way we work with you. We've listened to your feedback and want to ensure our packaging is simple, clear and straightforward. The updated Submission Guides contain 4 [...]
The Mortgage Lender: Scotland, unite we lend
Here are a few things that are readily available in Scotland; kilts, haggis, whisky and BTL mortgages. Since the day we launched, we've been lending in Scotland; We don't differentiate our price by region; We [...]
Atom Bank: Changes to our product fees
It’s been a cracking year for us. We’ve launched some exciting new product ranges, hit £2 billion in mortgage lending, and been named the fastest-growing lender in the UK. It’s a big task, but we [...]
Pure Retirement: Our latest news
We've been thrilled to see that the market has taken to our recently-launched Sovereign suite and has been as excited about it as we have. Aimed at trying to open up equity release to as [...]
Virgin Money: Portfolio landlords? Come on in
Virgin Money accept mortgage applications from portfolio landlords. Their doors are open! Just follow these three simple steps: Three simple steps Complete your mortgage application as you normally would. Once you have an accepted Decision [...]
Marsden: Income for later life clients
What income do we accept? Our minimum income for both Older Borrowers and RIO mortgages is £17,500, with a maximum multiplier of 4.5x (joint or single) and is subject to the loan being affordable. [...]
The Tipton: Summary of new joint borrow and sole partnership
A summary of the key criteria for our new JBSP proposition is detailed below: Available across all residential products Maximum 2 borrowers/1 occupant# Parent (or other family member) can assist son/daughter – or son/daughter could [...]
Weekly Mortgage Update – 30th 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: TSB introduce free standard [...]
Precise Mortgages: Forces help to buy
Time is running out for members of the armed forces to take advantage of the Forces Help to Buy scheme. Applications for the scheme, which is available to regular service men and women, must be [...]
Enterprise Finance: Bridging Opportunities
In Scotland, Bridging has become a more common tool – quite often used by investors to quickly snap up opportunities. So much so, lending in Scotland was the most performed bridging criteria search on the [...]
Barclays: New buy to let portfolio landlord products
We are pleased to confirm we have introduced two new Buy to Let Portfolio Landlord products. What we have launched? 1.79% 2 Yr Fixed BTL Portfolio Landlord, £1,795 fee, 60% LTV, Min loan £35,000, Max [...]
Hanley: New product (Scotland exclusive)
Hanley Intermediaries now offers standard Residential and Self-Build mortgages in Scotland. To celebrate our new venture, we are launching a Scotland-exclusive self-build mortgage; Scotland Advance Stage Payment: 5.25% Variable Mortgage LTV: Max 85% During Construction [...]
Vida Homeloans: You’ve spoken – We listened
Since entering the Intermediary mortgage market in October 2016, we’ve been listening to what you and your clients want from a specialist mortgage lender. As a result, Vida will be changing the way we handle [...]
Virgin Money: Buy to let lending. Less stress, more yes
We’ve improved the way we stress-test your clients for buy-to-let mortgages. Which means we say yes to more customers. Good news for you, and them. First, the interest rate stress on 5 year fixed products [...]
Cirencester Friendly: Did you know….?
Did you know….? With life getting busier, we want to make it easier for you to do business with us! You have three ways to submit your client’s application to us: Online Application: register here [...]
Halifax: Announce product changes
On Friday 23rd November Halifax are making the following changes to the product range New REM range Withdrawn: All products with Complete by date of 21/12/2018. Please see rate guide here for further details of the product change. [...]
TSB: Rate switch – introducing 5 year fixed rate residential products
TSB has introduced Rate Switch for 5 year fixed Residential product transfers. By the end of the year, Rate Switch will also be available for 2 year fixed rate Residential product transfers. TSB continues to [...]
Foundation Home Loans: Adds new 3-year fixed rate BTL product
Foundation Home Loans have added a new 3 year fixed rates to their buy to let range. The limited-edition product is designed for landlords who fit the Standard Plus criteria, or are financing a House [...]
Together: Extends limited edition prime plus residential rate
We've extended our limited-edition 'Prime Plus' residential mortgage rate into 2019. It's a 2-year fixed product at our lowest-ever rate – just 3.59%. It applies to those clients who may have experienced a credit blip, [...]
Mortgage Brain: Client Portal – Save yourself an hour a case
Customise your Client Portal, save yourself an hour a case and meet your clients’ expectations! We are very excited to introduce a new feature in our Key Client Portal: now you can change background & [...]
Marsden: RIO vs Older Borrower: What’s the difference?
What's the difference? Retirement Interest Only (RIO) vs. our existing Older Borrower range We launched RIO in support of 55+ borrowers last week and you may be asking so what's the difference for your [...]
Nationwide: Selected fixed rate changes
We've changed selected 2, 3 and 5 year fixed rates, and selected Equity Share rates. 3 and 5 year fixed rate reductions 3 year fixed rates across 80%, 85% and 90% LTV tiers reduced by [...]
Weekly Mortgage Update – 23rd 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: Less stress and more [...]
Chorley: revamp 95% LTV offer
Chorley Building Society has improved their 95% LTV product by reducing the term from 3 years to 2 years, increasing the discount to 2.5% and replacing the 0.75% scheme fee with a fixed fee of [...]
Pepper Money: Simpler criteria
Pepper Money have simplified its criteria across all of its product tiers for borrowers with adverse credit. The simplified product tiers, which range from Pepper 6 to Pepper 48, make it easier for brokers to [...]
Marsden: RIO mortgage launch
We've widened our support for Older Borrowers Our Retirement Interest Only (RIO) mortgage is available to applicants over the age of 55 who are looking for an interest only mortgage with no plans to downsize [...]
3MC: 80% LTV HMO Exclusives
We are pleased to announce the launch of new 3mc 80% LTV HMO Exclusives with Precise Mortgages. The products are available for both limited companies and individuals for up to 8 bedroom HMO's. The 2 year product is [...]
Brightstar Hub: Bridging finance and buy to let mortgage in one
Thanks to the innovative Refurbishment Buy-to-let Product by Precise Mortgages, you can now offer the flexibility of bridging finance and the security of a long-term buy-to-let mortgage, in one simple package. That means One form. One underwriter. [...]
Canada Life: Our Capital Select Options give your clients flexibility and certainty
Our Capital Select Options allow your customers to pay up to 10% of their initial loan balance each year, without facing an early repayment charge. Flexibility They can make payments as and when they like, [...]
NatWest: Minimum Switcher Balance Reduction
The minimum balance an existing Royal Bank Or NatWest customer must have in order to select a new deal with ourselves will be reduced from £25,000 to £10,000, meaning that all residential customers with an [...]
The Hanley: Lending in Scotland
As of Monday 19th November, Hanley Intermediaries will be lending in mainland Scotland. Our Residential and Self-Build products lines will all be available to Scottish applicants. To be clear, this includes (but isn’t limited to); [...]
Precise Mortgages: Don’t forget! Forces Help to Buy scheme due to finish at end of December 2018
Time is running out for members of the armed forces to take advantage of the Forces Help to Buy scheme. Applications for the scheme, which is available to regular service men and women, must be [...]
Enterprise Finance: Bridging from 0.44% per month
If you only recognise Enterprise Finance for Second Charge mortgages, you may be missing out on extremely flexible and fast bridging finance for your clients. Here are a few key features of the bridging loans [...]
The Mortgage Lender: Launch new buy to let options
We have launched a range of new BTL options, providing greater choice for your applicants. As part of this change we have removed our tracker products. Pipeline: DIP accepts will proceed on the product they [...]
Vida Homeloans: Makes Financing Buy to Let Portfolios Quick & Easy
Vida Homeloans can help you get those BTL portfolio cases off your desk with its competitive criteria… Up to 15 properties/£4m with Vida Up to 50 BTL properties in total with average LTV up to [...]
Pure Retirement: Take Advantage of our New Digital Marketing Toolkit
Improve your communications with existing and potential customers with our guidance on website development, social media and email marketing. Here at Pure, we can create bespoke emails for you, tailored with your branding and contact [...]
Santander: Interest only – sale of mortgaged property
In the know…Interest only – sale of mortgaged property The Interest Only – Sale of Mortgaged Property Customer Declaration is a mandatory document and must be uploaded via Introducer Internet immediately following the application [...]
Weekly Mortgage Update – 16th 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: The Mortgage Lender launch [...]
Hodge Lifetime: A RIO mortgage with a difference
The Retirement Interest Only Mortgage is a new way to borrow in later life. Designed for borrowers aged 55+, Hodge has led the way in introducing a product for older borrowers as an alternative to [...]
Canada Life: Introduces Capital Select
Canada Life Home Finance has launched Capital Select Options, a new product range providing your customers with access to additional flexibility and certainty in their mortgage. This range enables customers to make payments of between [...]
More 2 life: Capital Choice rates are increasing
Rates on Capital Choice have increased. This only impacts Capital Choice Lump Sum with no cashback and Capital Choice Drawdown. 4.42% (MER) 4.51% (AER) on lump sum plans 4.47% (MER) 4.56% (AER) on drawdown plans [...]
One Family: Our Lifetime Mortgages just got even better
Those of you who’ve already submitted a case to us will know how easy it is to work with OneFamily. You’ll already know how flexible our products are. And you’ve probably already discussed a case [...]
Later Life Planning Update – November 2018
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This month's [...]
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 [...]
Kensington: Introducing our Brighter Mortgages for Young Professionals and Later Life borrowers
We’re committed to helping borrowers at every career and life stage. This means providing tailored products for all stages of the customer lifecycle, as well as helping the UK’s young professionals’ step onto the property [...]
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 [...]
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% [...]
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 [...]
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 [...]
Barclays: New build offer extensions and key lending criteria update
New build offer extensions We are delighted to confirm a simplified process to extend a mortgage offer for your clients purchasing a residential new build property. With effect from today, Tuesday 30th October, a [...]
3mc: New 90% Residential Packager Exclusives
We are pleased to announce the launch of new 90% LTV Residential Packager Exclusives with The Mortgage Lender. The exclusive products are available at 90% Loan to Value whereas the lender core range is available to 85% Loan [...]
Clydesdale Bank: Dedicated service for large loans
We understand and appreciate that clients with larger loans requests are important to your business and as such they are equally as important to us. We are constantly striving to improve our large loan policy [...]
Marsden: Any witch way you look at it…
Any witch way you look at it, we have Lending Solutions... Our Lending Solutions at the Marsden won't leave you spooked and we have a range of options available to supporting residential clients: Residential Mortgages: [...]
Santander: Gifted deposits
We can accept gifted deposits. To avoid delays please let us know the following information in Introducer Internet when you submit your client’s application: Is the gift from the current owner? Will the person(s) [...]
Nationwide: Selected rate reductions and product updates
We've reducing selected fixed and tracker rates at 95% LTV by up to 0.50%. Plus, we've increased the maximum loan size at 95% LTV to £500,000 and increased the maximum LTV for remortgaging with additional borrowing [...]
The Mortgage Lender: Borrowing needn’t be a shocker
We lend to people that have been around the houses – knocking on doors without joy. So if you have clients with horror stories to tell, we’re here to keep their dream of owning property [...]
Halifax: product changes
On Monday 5th November Halifax are making the following changes to the product range End and complete by dates extended on all Remortgage (REM) products Rate changes on selected 2, 3 and 5 year REM [...]
TFC: Incredible exclusives
TFC Homeloans have some really exciting packager exclusives with our specialist lenders. Here are some of the latest ones! Together – 2 Year Fixed Rate First Charge Product Arrangement fee reduced to £1,495 Rates from [...]
The Family Building Society: Making it easier for you to do with business with us
We’re excited to announce the launch of our newly redesigned Intermediary website. Our new website now gives you quick and easy access to information on all our products, along with useful tools to help you [...]
TSB: Start making Buy to Let product transfers with TSB Rate Switch
From today, TSB is introducing Rate Switch for Buy to Let product transfers. And this is just the beginning, as Rate Switch will soon be available for all types of mortgages. See for yourself how [...]
Magellan: Develops tool to simplify affordability for buy to let
Magellan Homeloans, has developed a unique online tool to help reduce some of the complexity for brokers in finding suitable funding options for Buy to Let (BTL) clients. Using a common sense approach to an [...]
Weekly Mortgage Update – 02nd 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: Clydesdale summaries dedicated service [...]
The Exeter: Wins Best Individual Income Protection Provider
We’re delighted to announce that The Exeter has been named as the Best Individual Income Protection Provider at the prestigious Cover Excellence Awards 2018. In announcing the award at a glittering event in London, Editor [...]
Vida Homeloans: Criteria, system and policy changes
I just wanted to make you aware of some changes that we have implemented, additional wording that has been added to the system to clarify a few things following feedback received. Credit Commitments due to [...]
Enterprise: Could you be a flexible bridging broker?
You've heard it countless times... Bridging loans can be extremely flexible. But how flexible can they really be? With Enterprise Finance's extensive experience and access to a range of lenders, you could be helping an [...]
Buckinghamshire BS: Move to soft search at DIP stage
Following feedback from the broker community Buckinghamshire Building Society is pleased to announce that a soft search facility is now available as part of the DIP process. This enhances our service will lead to a [...]
Foundation Home Loans: A specialist mortgage lender
Who is Foundation Home Loans? We are a specialist intermediary only lender, catering for your Buy to Let and Residential mortgage clients with more complex needs. Buy to Let We have a competitive range [...]
Precise Mortgages: Changes to buy to let and residential products
Below is a brief overview of the changes that we have made. Buy to Let – Product Withdrawal and Replacement This week we withdrew all Limited Company and HMO products, as well as selected personal [...]
Canada Life: We’ve made some changes
We've made some changes to the below products: Lifestyle Platinum (Sole) Lifestyle Platinum (Joint) Lifestyle Platinum (Sole) (Flexible) Lifestyle Platinum (Joint) (Flexible) Lifestyle Platinum (Sole) (Cashback) Lifestyle Platinum (Joint) (Cashback) Monthly interest rate (MER) 6.39% [...]
Virgin Money: Product withdrawal
We have amended the following residential products: Intermediary Exclusive 2 Year Fixed Rate Remortgage Special at 90% LTV has been increased to 1.92%; Intermediary Exclusive 5 Year Fixed Rate at 65% LTV has been increased [...]
Coventry: Product updates
Please see product updates below: Closing products Residential and offset Up to 65% LTV (no change) Over 65% LTV (no change) Buy to let Upto 65% LTV Over 65% LTV Opening products Residential and offset [...]
TSB: Increase proc fees
Great news, TSB have increased proc fees for the following: Residential: 0.34% Buy to let: 0.40% To see the updated proc fee sheet click here.
Kensington: Updated residential guide
Kensington has reviewed its pricing and will remove the Residential Select - 95% LTV with £0 completion fee, from Thursday 25th October. Please see updated product guide below. Current residential guide
The Mortgage Lender: Jaw dropping lending
We’ve been reinvented, reinvigorated and are really ready for more real life lending. Think that’s a mouthful? There’s more to get your laughing gear round. We now offer up to a whopping 90% LTV through [...]
Weekly Mortgage Update – 26th October 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: TSB increase proc fees; [...]
Aviva: Cover what matters to your clients
With our optional extras, you can make any of our protection policies even better – and your client’s financial safety net that little bit bigger. For just a few pounds a month, these additional options can give your [...]
Buckinghamshire Building Society: An exclusive L&G product
Announcing our new exclusive Retirement Interest Only products. To apply go to Broker Online. These products are exclusive for Legal and General Mortgage Club Members. Retirement interest only 3 year discount Up to 65% LTV [...]
The Mortgage Lender: Product changes
The Mortgage Lender has enhanced its residential proposition increasing the number of products available from 3 to 7. 90% LTV available via Legal & General and selected packager partners Increase of joint income multiple from [...]
Magellan Homeloans launches into Scotland
Magellan Homeloans, the specialist mortgage lender, announced it is launching its range of tailored residential mortgages in Scotland with immediate effect. Part of its continuing growth strategy, Magellan is opening up its range to all [...]
Pepper Money: Reduces Residential 2 Year Fixed Rates
Pepper Money have refreshed their Residential product range across Pepper 18, 12 and 6 for clients who haven’t had a CCJ or default in the last 6 months. 2 year fixed rates up to 80% [...]
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 [...]
Vida Homeloans: Key Criteria for First Time Buyers
Did you know that your First Time Buyer clients do not need savings of their own to buy their first home? Find out more about how Vida can help you get First Time Buyer cases [...]
Nationwide: Selected 5 year fixed rate changes
We have increased selected 5 year fixed rates by up to 0.10%. 5 year fixed rate changes 5 year fixed rates at 60% LTV with a £999 and £0 fee increased by 0.05% to 1.99% and 2.19% [...]
Santander: Yes, it’s true… existing Santander customers moving home
To make it easier for you and your client, your telephone sales team can provide: Mortgage balance Product code Product charge end date Product type If there's six months or less left on your client's current [...]
Kensington: Make their play room dream a reality
Offer Extended! Limited Offer products now available until 5th November 2018 Great news! We have extended our Limited Offer products on the Residential and Buy to Let range, now available until the 5th November 2018. [...]
Precise Mortgages: How we could help your customer get the loan size they want
We know how frustrating it can be for a customer when a loan amount is reduced. Cieron from underwriting reveals how we can still help you get your customer the loan size they want - [...]
The Mortgage Works: Reduced rates and product updates
From today, we'll be reducing selected rates by 0.10% and introducing new products, including a range of 5 year further advance products. Also, we're pleased to announce new £1,000 cashback options. Rate reductions Selected Limited Company [...]
3MC: New 90% Residential Packager Exclusives Launched
We are pleased to announce the launch of new 90% LTV Residential Packager Exclusives with The Mortgage Lender. The exclusive products are available at 90% Loan to Value whereas the lender core range is available to 85% Loan [...]
Halifax: Product changes
Halifax have made the following changes to the product range: New remortgage (REM) products above 60% LTV with £0 fee Rates reduced by up to 0.16% on selected REM products Please view the rate guide [...]
L&G Home Finance: Life Goals: Retirement isn’t what it used to be.
Earlier this year, we interviewed 2,000 homeowners aged 55 and over. We asked them what their dreams and aspirations for their retirement years were. Researchers found that far from planning a pipe-and-slippers style retirement, many [...]
Weekly Mortgage Update – 19th October 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: Kensington limited offer products [...]
More2Life: Keeping you in the know
It’s been a busy few months in more 2 life, as we’ve been working hard to bring you the best rates, product features and tools. So we thought it would be the right time to [...]
Just: Build equity release into financial planning
Good financial planning is about putting the right amount of money, into the right hands, at the right time. That’s why we believe in building equity release into the financial planning process. Here are some [...]
The Marsden: Interest Only Repayment Vehicles
Interest Only Repayment Vehicles | Older Borrowers We offer interest only products on our Older Borrower mortgage range up to 60% LTV but what options do your 55+ clients have when it comes to [...]
Hodge Lifetime: Withdrawal of Lifetime Plus/Max and Indexed Range
As externally funded products, they have proven popular meaning lending limits have now been achieved, this has led to the decision to close the products to new business. All applications already received and at new [...]
Golden Charter: Take advantage of direct mailing support
An excellent way to reach your customers can be through a personalised mailing to your current client database. We are offering to help you with your first mailing, providing you with leaflets, envelopes, stamps and [...]
Weekly Mortgage Update – 12th October 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: Explore new buy to [...]
Virgin Money: Breaking news on new builds
New build houses up to a maximum of 90% LTV for residential and 75% LTV for BTL. New build Offers are valid for seven months (30 weeks) with seven months extension available if needed, subject [...]
Precise: Submitting your customer’s supporting documentation is now easier than ever
In our strive to improve the broker journey and listening to various broker feedback, we are delighted to announce that we no longer require supporting documentation (excluding ID & Proof of residence) to be certified. [...]
Santander: In the know…bank statements
You don’t need to send bank statements unless we ask for them via Introducer Internet or MATS message. To support income evidence (e.g. salary credits, benefit payments and rental income) you only need to provide the [...]
Vida Launches Buy to Let Fee Saver Range
Vida has launched a new Fee Saver Buy to Let mortgage range, where a rate loading of only 0.10% gets your client the following benefits: Properties worth up to £500k get a free valuation, reduced [...]
Marsden: Family Step Product Launch
Family Step mortgage NEW product range launched whole of market today Marsden Building Society has launched their new lending solution the ‘Family Step’ mortgage which allows your clients to get up to 100% mortgage [...]
Bank of Ireland: Could your customer borrow more?
For a limited time only, your customer can borrow up to 5x their income with Bank of Ireland for Intermediaries. This means a customer earning £75,000 could borrow up to £336,750. But with 5x income, [...]
Fleet Mortgages: New Products
It gives me great pleasure to inform you of our new product range which went live on 09/10/2018. We have introduced new fixed-fee products across our three core sectors – standard, limited company and HMO/multi-unit [...]
Hinckley & Rugby: Maximum term for residential mortgages increase
Hinckley & Rugby for Intermediaries is pleased to announce that with effect from the 15th October the maximum term for residential mortgages will increase from 35 to 40 years. More exciting criteria updates to follow. [...]
Explore new buy to let opportunities with Precise Mortgages’ enhanced multi-unit and holiday let criteria
If your customer is looking to explore new buy to let opportunities, Precise Mortgages’ enhanced multi-unit and holiday let criteria could help. Multi-unit Up to 6 self-contained units under a single freehold Up to 75% [...]
Buckinghamshire Building Society launches 2 year discounted products for first timers and old hands
First timers to old hands… Buckinghamshire Building Society launches 2 year discounted products for first time buyers and lending into retirement customers. We are offering competitive rates on our 2 year discounted product with £500 cash back for [...]
Clydesdale Bank: Product Changes
We're making changes to our products. What’s Changing The following residential products have been withdrawn from sale: 2 year fixed to 75% LTV (Remortgage Special) – 1.54% 2 year fixed to 80% LTV (Remortgage Special) [...]
Santander: NEW All Key Account Exclusives
From Tuesday 9 October we’re launching a NEW 2 year fixed, 1.54%, £999 product fee, 75% LTV all Key Account exclusive available to purchase and remortgage customers. Don’t miss out as these products are available [...]
Family Building Society: We don’t believe in a ‘one size fits all’ approach to lending
At the Family Building Society we focus on those not well served by the mass market, like older borrowers, first time buyers, expats and the self-employed. With our common sense approach and flexible underwriting, we [...]
Vida Homeloans: Launch in Scotland
Today, Vida launched into Scotland with its range of criteria-driven products. Vida’s wide range of specialist products are now available to those purchasing or remortgaging Scottish residential and buy to let properties, which includes its [...]
Canada Life: Retirement Advantage rebrands as Canada Life
I am delighted to announce that Retirement Advantage has rebranded as Canada Life, following our acquisition by the Canada Life Group (UK) Limited earlier this year. Canada Life has operated in the United Kingdom since [...]
Newbury BS: Day one professional contractors are up our street
She has been a working IT consultant for a number of years, and started to contract for the past six months. She is currently six months into a nine month contract, with work lined up [...]
Santander: Self-employed income evidence cut-off date
For all self-employed income evidence, the most recent year-end must not be more than 18 months before the date of the application. This means for applications submitted from Saturday 6 October, the evidence of the [...]
Clydesdale Bank: Cuts high LTV and buy to let rates
Clydesdale Bank has announced rate cuts of up to 20bps across its residential and buy-to-let products. Residential two year fixed rates at 90% LTV are now available from 1.89% and from 2.29% for mortgages over [...]
Marsden: Changes to our variable rates
Changes to our Variable Reference Rates How does it affect you and your clients? Following the Bank of England decision to increase the Base Rate, we're making changes to our variable mortgage ranges. Our rates will change [...]
Together: Buy to Let mortgages for every landlord
Read how specialist lender Together helped Midlands buy-to-let millionaire Suki Barham to grow his property empire. Using a combination of bridging loans and portfolio mortgages, he’s gone from a single £40,000 flat, to more than [...]
Precise Mortgages: Helping your customer discover the potential of HMO properties
With more customers exploring the opportunities offered by HMO properties, our fantastic range of HMO mortgages could help them develop their buy to let business. Up to 8 bedrooms and 2+ kitchens considered No HMO [...]
Accord Mortgages: Changes to products
We have made some changes to the below products: Residential No footprint on DIPs Interest Only – including sale of property – no minimum income Bonus, Overtime & Comm increased to 60% as standard of [...]
Hodge Lifetime: You asked, we listened
We’ll now accept even more types of pre and post retirement income when it comes to our affordability based mortgages: 55+, 55+ RIO and Retirement Mortgage. Puting you and your clients at the heart of [...]
Halifax: Changes to product range
On Monday 8th October, Halifax are making the following changes to the product range: New products - Homemover and First time buyer FAX445, FAX446, FAX460, FAX412, FAX413, FAX427 Withdrawn Products from close of business 6th [...]
Chorley Building Society: Revamp their Help to Buy Mortgage
Chorley Building Society has improved our Help to Buy mortgage product, including reducing the scheme fee and increasing the discount reduction. The 0.75% scheme fee has also been replaced with a fixed fee of £999. [...]
Virgin Money: Buy-to-let lending. Less stress, more yes.
We’ve improved the way we stress-test your clients for buy-to-let mortgages. Which means we say yes to more customers. Good news for you, and them. First, the interest rate stress on 5 year fixed products [...]
Digital Mortgages: Recently announced rate changes
We've made changes across our range of residential mortgage products. Rate changes have been made across our entire product range; We’ve also extended the end dates of the fixed terms across the entire range. A [...]
Kensington: Are your clients wanting to move? Get up to 95% LTV
Are your clients looking to move homes? Could they do with some extra space? Life is unexpected, and sometimes a change is needed to support families that require extra rooms and a little more space. [...]
Weekly Mortgage Update – 05th October 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: Halifax announce rate changes; [...]
Scottish Widows: Help clients see the immediate benefits of protection
Clients may sometimes struggle to see the value of protection. Finding new positive ways to talk about protection is key to help your clients see the immediate tangible benefits. That’s where value added services can [...]
Santander: We’re making some improvements to our mortgage range
We've reduced selected residential 2 and 5 year fixed rate products at 95% LTV as well as reducing a selected Buy to Let (BTL) 5 year fixed rate at 75% LTV. We’ve also reduced the [...]
Kensington: Now up to 95% LTV
Help your first time buyer become a home owner. Upto 95% LTV available to FTB and home movers. Click here for more information or call 0800 111 020
The Marsden: What do we look at for affordability when it comes to older borrower income
When it comes to looking at Older Borrower cases, we’ve had a few years of practise so we know exactly what we’re looking for. How do we assess affordability when your clients in retirement? It’s [...]
TSB: We’ve made some changes to our Residential mortgage product range
We wanted to let you know that we’ve made some changes to our Residential mortgage product range, effective from today. We’ve made the following rate reductions to a selection our House Purchase products: 2, 3 [...]
L&G Mortgage Club: Updates
Residential and Buy to Let changes from Santander On Wednesday 26 September, Santander are making changes to their Buy to Let property criteria and updating their residential affordability rates. Click here to find out [...]
Just: Lump sum plus
We have made the following changes to our Just Lump Sum Plus LTV’s: Age Single Life LTV’s Joint Life LTV’s Current New Current New 55 24.3 24.8 23.9 23.9 56 25.3 25.8 24.9 24.9 57 [...]
Precise Mortgages: Residential interest only affordability assessment
We've improved our residential mortgages affordability assessment to match the repayment method selected. So if your customer opts for interest only their affordability will now be assessed using interest only. We accept the following repayment [...]
The Mortgage Works: New Business rate changes and updates to our product range
We've reduced selected 2 and 5 year rates by up to 0.65% and made updates to our product range. Rate changes Selected 2 year rates at 65% and 75% LTV reduced by up to 0.65% 5 [...]
TFC Homeloans: Specialist lending events
CPD Specialist Lending Events with TFC Homeloans TFC Homeloans is hosting a number of specialist lending events for the remainder of the year. The events will feature words from a selection of our specialist [...]
Buckinghamshire BS: Launch new products
Buckinghamshire Building Society is pleased to announce the launch of the three following new products: First Time Buyer 2 year discount (DF08) A 2 year discount of 2.50% off our SVR, currently 5.24%, giving a [...]
Accord Mortgages: We’re a New Build lender, not just a lender who does New Build
Sounds like a tall order, but when you told us we should give your clients a genuine alternative for your new build applications…we went away and did just that. We believe what we’ve developed offers [...]
Clydesdale Bank: Rate Reductions & New Products
Exciting news. We have reduced a number of rates across our range and also introduced 2 new products. Rate Reductions The following rates have been reduced and are live now: Product Old rate New rate [...]
Weekly Mortgage Update – 28th September 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: Planned maintenance from NatWest; [...]
The Marsden: You’re our Number 1 for Older Borrowers
We asked you who was your preferred lender for your Older Borrower clients and we’re delighted as you told us we’re top of the class in your eyes! We’re delighted this is the case but [...]
3MC: New exclusive enhanced criteria launched
We are pleased to announce the launch of enhanced packager exclusive criteria to compliment the packager exclusive 5 yr. fixed product range with Landbay. The exclusive criteria includes the maximum individual loan being increased to £1.5 million (£1 million on the [...]
Virgin Money: accept personal income to cover rental shortfall
Now your landlords can use their personal income to top up any rental shortfall – making buy-to-let more affordable all round. How does it work? Any rental shortfall between 100% and 145%, calculated at an [...]
More2Life: Would your client benefit from an enhanced plan?
If you have clients looking for the maximum equity release available our Tailored Choice enhanced lifetime mortgage could provide the solution. Tailored Choice at a glance Highest LTVs on the market up to 55.5% 13 [...]
TSB: We’ve made some changes to out buy to let mortgage range
We wanted to let you know that we’ve made some changes to our Buy-to-Let mortgage product range, effective from today. We’ve moved the end dates for Buy-to-Let products to the end of December. And we’ve [...]
L&G: Bath building society join L&G
Bath Building Society have a small, yet experienced team, who pride themselves on delivering a first class professional service, with direct contact available with the decision makers. If your customer is looking for a 100% Parent Assisted [...]
HSBC: Changes to our mortgage products
Please find below a summary of the changes for the HSBC Rate change. We have made the following changes to our mortgage product range: Fee Saver products: 2 year fixed rates at 60%, 70%, 75% [...]
NatWest: Changes to our intermediary mortgage range
We are delighted at NatWest Intermediary Solutions to be launching a new range of Help to Buy Shared Equity Remortgage products, which may allow customers with another lender to save money by remortgaging to NatWest. [...]
The Tipton: New intermediary fixed rates
Our replacement semi-exclusive fixed rates are summarised below , the revised product guide is also below for your information. New Purchase Products FE104 2.29% fixed until 31 October 2020 – Max 90% LTV - £999 [...]
Barclays: Announce product changes
To celebrate the launch of our “Too big to miss” remortgage campaign, we are pleased to confirm we are making some more competitive changes to our Residential ranges with new products effective tomorrow, Wednesday 12th September. [...]
Weekly Mortgage Update – 21st September 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: NatWest announce changes to [...]
L&G Home Finance: Product changes
We are pleased to announce that we have reduced the interest rates on some of our lifetime mortgages. Premier Flexible and Premier Optional Payment Flexible and Optional Payment (all options) Flexible Plus and Optional Payment [...]
Santander: In the know…inputting bonus, commission and overtime
It’s important that any bonus, commission or overtime payments are entered into the correct section in Introducer Internet. This helps ask for the right supporting documents to evidence income and also helps our underwriting [...]
Fleet Mortgages: Announce new products
We just wanted to let you know that we are extending our current product end dates. Date changes: 2 years fixed: - 30/09/2020 to 31/12/2020 5 years fixed: - 30/09/2023 to 31/12/2023 Click here for [...]
More2Life: Would your client benefit from an enhanced plan?
If you have clients looking for the maximum equity release available our Tailored Choice enhanced lifetime mortgage could provide the solution. Tailored Choice at a glance Highest LTVs on the market up to 55.5% 13 [...]
Marsden: Flexible approach to older borrowers
It's not just black and white with Older Borrower clients we know that there's a increasing amount of grey!... Excuse the pun, but, when looking at Older Borrower cases, it's not about the black and white [...]
Coventry: Policy focus for your self-employed clients
Over the past few years we’ve seen a healthy increase in the proportion of lending we do to self-employed borrowers. This also reflects ONS data which states that self-employment makes up nearly 15% of the [...]
3-MC: New 95% Kensington Exclusives Launched
We are pleased to announce the launch of new near prime 95% LTV packager exclusives with Kensington Mortgages. The products are available to both First Time Buyers and Movers and are 0.15% higher than the [...]
NatWest: Launch Help to Buy Shared Equity Remortgage Range
On the 19th September we are delighted to be launching a new range of Help to Buy Shared Equity Remortgage products, which will allow customers with another lender to save money by remortgaging to NatWest. [...]
Pepper Money: Don’t get left in the dark
Don’t get left in the dark Have you recommended a lenders product to your client, based on their published criteria, and then been offered another more expensive rate instead? Because Pepper Money doesn’t credit [...]
The Tipton: Proc-fee enhancements
We are delighted to advise we are increasing the gross proc-fee payable to you for residential completions from 0.40% to 0.42%. The changes are applied with immediate effect and will include all completions from 1 [...]
Chorley BS: Revamp their help to buy mortgage
Chorley Building Society has improved their Help to Buy mortgage product, including reducing the scheme fee and increasing the discount reduction. The 0.75% scheme fee has also been replaced with a fixed fee of £499. [...]
Weekly Mortgage Update – 14th September 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: Virgin Money launch new [...]
Aviva: Submitting lifetime mortgage applications by email – what you need to know
We're pleased to let you know that you can now submit lifetime mortgage applications by email. This applies to both new business and additional borrowing applications. We can accept digital versions of the forms, or [...]
Ipswich: An Alternative to RIO and Equity Release
If you have clients aged 50+ seeking to purchase or remortgage, they may be considering a RIO mortgage or even equity release. There are other options, and it’s as simple as a standard residential mortgage [...]
Retirement Advantage: Common-sense, flexible and bespoke underwriting
Here at Retirement Advantage we’re really passionate about supporting advisers, and that’s why we give you direct access to our underwriters. You can pick up the phone and speak to them, or email them directly [...]
Hodge: The Retirement Mortgage
We're changing rates on our Retirement Mortgage as of Friday 14th September. Any new business received on or after 14th September will be based on the rates below. Applications already received prior to this date [...]
Marsden: Time to look at the grey | Flexible underwriting is a must
It's not just black and white with Older Borrower clients, we know that there's an increasing amount of grey! Excuse the pun, but, when looking at Older Borrower cases, it's not about the black and [...]
Pure Retirement: Criteria changes to our Pure Max Range
All LTVs for both single and joint across all 3 products are reducing by 1%. Our Distribution and Underwriting teams are on hand to answer any queries. The last day for KFIs on old criteria is [...]
Later Life Planning Update – September 2018
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. [...]
Buckinghamshire BS: Buy to let changes
We have changed the income ratios allowed on buy to let products. For more information click on the buttons below. 3.69% Buy to Let limited company fixed rate [BL48] 2.94% BTL individual landlords [...]
Ipswich BS: Updates to lending criteria to allow investment income and pension expenditure
Ipswich Building Society has updated its lending criteria for applicants with investment income and pension expenditure. Alongside earned income the Society will now take 75% of an individual’s investment income into consideration when calculating their [...]
3MC: New Lender Launch Into Specialist Buy to Let Market
We are pleased to be a pilot firm and announce the launch of the new Buy to Let Mortgage Range with Magellan Homeloans. Magellan’s Buy to Let range is designed for the purchase and remortgage of properties that [...]
Santander: Updated accounts certificate
From now can you please use the updated accountant’s certificate dated August 2018 on our website. It’s been updated with the following: Clarification on which sections to complete Section D is now all on the [...]
Clydesdale Bank: Rate reductions
Exciting news. We have reduced rates on a number of products across our range. Rate Reductions The following rates have reduced and are live now: Product Old Rate New Rate 2 Year Fixed to [...]
Leeds Building Society: Launching holiday let exclusive
Holiday Let 5 Year Fixed Rate up to and including 31st October 2023. Rate % LTV % Free standard valuation Fees assisted legal for remortgages Product fee Max loan 2.74 70 Yes Yes £999 £500,000 [...]
Fleet Mortgages: Properties next door
Click edit button to change this text. To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
L&G Home finance: New product launch
The new Premier Optional Payment Lifetime Mortgage from Legal & General Home Finance We are pleased to announce that our new Premier Optional Payment Lifetime Mortgage is now available. With our Premier Optional Payment [...]
Virgin Money: Bigger, better buy-to-let
Because you and your clients deserve the best, our buy-to-let offering is getting better and better. BTL Portfolio Landlord applications now accepted. Maximum term on BTL increased to 35 years (previously 25). Free valuations and [...]
Weekly Mortgage Update – 07th September 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: Buckinghamshire announce buy to [...]
Just: Equity release academy
This CPD accredited Equity Release Academy is designed for advisers with ER1 (or equivalent qualification) who want to become more active in this market. Packed with content, it’ll allow delegates, working in small groups, to [...]
Santander: All Key Account Exclusives
We have made changes to some of our products. Click the button below for more information More information
Masthaven: Contractor mortgages
Contracting brings flexibility and independence – but for many it also brings uncertainty, especially when it comes to getting a mortgage from a high street bank. The way we’re working is changing – and with [...]
Pepper Money: Debt Management Plans Explained
“Borrowers in the UK have an unprecedented amount of unsecured debt and there are occasions where the burden can become too much for some people,” says Rob Barnard, Director of Sales at Pepper Money. When [...]
Coventry: Product closures
Please see product updates below. Closed products Residential and offset Up to 65% LTV Over 65% LTV Buy to let Up to 65% LTV Over 65% [...]
Barclays: Mortgage product changes
We are expecting a vibrant remortgage market this autumn following August’s base rate increase. To support you and your clients, we are introducing some competitive new products as well as making some changes across our [...]
NatWest: Introducing rate changes
Tomorrow, NatWest will be introducing rate changes to its core and semi-exclusive ranges of residential and buy-to-let purchase mortgages and remortgages. Here’s a summary of the changes: CORE RANGE Residential RATE CHANGES 2 year fixed [...]
Virgin Money: Breaking news on new build
Breaking news on New Build This year we’ve worked hard to help your customers buy their New Build homes with the following new features: 90% LTV on New Build houses 7 month offers with [...]
The Nottingham: Product changes
We have extended the end date on seven residential products and two buy-to-let products. For more information click the button below More information
Buckinghamshire BS: Announce new mortgage product
We have today replaced our discount first time buyer DF05 with DF07. The new product has an increased cashback of £500, but everything else is the same as DF05. View product overview [...]
The Mortgage Lender: Changes to our buy to let rates
We have made changes to our buy to let fixed rates, with many rates reducing. Highlights include: Limited company 2 year fixed 70% LTV now 3.25% HMO/MUB 5 year fixed 70% LTV now 3.65% Standard individual [...]
The Marsden: Top of your list for older borrowers
You told us... the top 3 requirements for Older Borrowers... Earlier this year we asked for your opinion on the later life market. With a growing demand in the market for Older Borrower mortgages [...]
Vida Homeloans: Helping hand competition
Final chance to give your local community a Helping Hand with Vida Homeloans The Vida Homeloans Helping Hand competition is closing this Friday! To celebrate the launch of Vida’s Helping Hand mortgage, the first [...]
Weekly Mortgage Update – 31st August 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: Virgin Money, breaking news [...]
Buckinghamshire BS: Launch new mortgage product
We are pleased to announce we have launched a new mortgage product. For reference this is a Joint Borrower Sole Proprietor mortgage, where parents/step parents can help with their child’s mortgage but not live in [...]
Tipton Building Society: New Product Information
We are pleased to announce changes to our mortgage range. Summary Later life product range – the previous £200,000 minimum valuation for RIO mortgages has been removed# Holiday let product guide – as residential underwriting [...]
Legal and General: Product changes
We'd like to let you know that we have INCREASED the interest rates on the following products: Premier Flexible and Optional Payment (all options) Flexible Plus and Optional Payment Plus (all options) The interest rates [...]
Aldermore: New limited edition multi property product
Aldermore has launched a new Limited Edition Multi Property product with reduced rates for Individual Landlords. The new product is available to clients with an existing Aldermore mortgage and also new clients submitting a second [...]
Hanley Building Society: Changes to standard variable rates
Hanley Economic Building Society has changed its standard variable rate from 5.19% to 5.44%. An overview of all our current products and rates are on our website here.
Nationwide: Fixed and tracker rate reductions
we've reduced selected fixed and tracker rates by up to 0.40%. Here's a summary of the New Business rate reductions: 2 and 3 year fixed rate reductions 2 and 3 year fixed rates across 80% and 85% [...]
More2Life: Essential maintenance scheduled
From Friday 24th August at 6pm, Just will be undertaking some essential maintenance to their underwriting system until Monday 27th August, 2pm. Unfortunately, as a result, you will not be able to create a Tailored [...]
Pepper Money: Launches lower LTVs
Pepper Money has introduced new lower LTVs (down to 60% or 65%) for clients who haven’t had a CCJ or default in the last 36 or 48 months. They’ve also reduced a couple of 2 [...]
The Marsden: Reduced rates and fees free cashback introduced for first time buyers
First Time Buyers | 95% LTV range Reduced rates and fees free cashback introduced... Marsden Building Society drops the rates on its first-time buyer options and adds a new fees free option with cashback [...]
Digital Mortgages: Rate changes
We've changed our rates across a number of our residential mortgage products. The headlines you need to know are: Rates will increase across many 75% to 95% LTVs for remortgages and purchases in 2, 3 [...]
Together Money: The heatwave won’t be around forever
We’ve launched a new, 2-year fixed residential mortgage at our lowest-ever rate – just 3.59%. It applies to those clients of yours who may or may not have experienced a credit blip, and otherwise fall [...]
TSB: A message from TSB
We’re giving Rate Switch a final test. TSB Mortgage Pro, is our online application system, which will soon include the option to select Rate Switch. This is because we’ll be rigorously testing it with [...]
The Mortgage Lender: Buy to let rate changes
We have made some change to our buy to let rates. For more information click on the button below or contact your BDM. Download our buy to let product guide
Weekly Mortgage Update – 24th August 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: Nationwide reduce fixed and [...]
Vida Homeloans: Reprice selected limited edition products
Vida reprices selected First Charge Buy to Let products Vida will be repricing its First Charge Limited Edition 5-year fixed rate BTL product from Thursday 16th August: Vida Premier 5-year Fixed BTL will be [...]
Leek United Building Society: Launch affordability calculator
We have gone live with our residential affordability calculator which I'm sure you will agree is a big step forward! To use the calculator click here. For a residential affordability there is no longer a [...]
Nationwide: Helping your armed forces clients have a place to call home
We've extended our lending policy on applications using a Forces Help to Buy loan as a source of deposit. This means your armed forces clients are now able to purchase a home using a Forces [...]
Marsden: Expat, a growing audience
We’ve taken a look at the expat market and how we offer solutions to those working outside of the UK who want to keep an interest in the UK property market. The UK expat market [...]
Virgin Money: Supporting you with your BTL portfolio landlord applications
It’s been a few weeks since we launched lending for BTL portfolio landlords. We understand that these applications have additional steps compared to our normal requirements and will be assessed against some additional criteria. So [...]
TSB: We’ve made some changes to our Residential mortgage products
We wanted to let you know we’ve made some changes to our residential mortgage products. We’ve moved end dates out to the end of November for all our residential mortgage products, and we’ve increased rates [...]
Hinckley and Rugby: Product range changes
We are making some amendments to our product range which include an increase to our standard variable rate and reversion rate. These changes will go live from the 1st September 2018 SVR Our current SVR [...]
Santander: New minimum proc fee
On Monday 3 September our minimum new business procuration fee will reduce from £400 to £250. Additionally, we’re removing the minimum £25,000 threshold that triggers the minimum procuration fee. This means that decisions to lend [...]
NatWest: Changes to how we capture childcare costs
On the 20th August, we are making changes to the way we capture childcare costs, in order to accurately take into account the customer’s monthly childcare expenses. What’s changing? We will now use the amount [...]
Tipton and Coseley Building Society: extends lending criteria to include retirement properties
The Tipton & Coseley extends lending criteria to include retirement properties The Tipton & Coseley Building Society is extending its lending criteria for older borrowers, to include retirement properties in a continuation of its [...]
The Mortgage Works: A closer look at landlords’ purchase strategies
Watch our latest video to discover more about landlords' purchase strategies, including a closer look at reasons why some landlords are planning to purchase within a Limited Company structure. Watch the video here [...]
Precise Mortgages: Announce buy to let product changes
We are pleased to announce that we have widened our criteria to now include Holiday Lets and Multi Units. These will be available on selected products within the BTL range. We are always looking for [...]
Together: How our common sense saved one customer’s new home
Our common sense approach to lending means we can often help when others can’t. Like cases involving complicated income or employment, or those needing funding at short notice. Earlier this year we were challenged to [...]
Weekly Mortgage Update – 17th August 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: TSB make changes to [...]
Marsden: Mortgages up to £750,000 for over 55 clients
Did you know that we offer mortgages up to £750,000 for your over 55 clients... Did you know our Older Borrower range offers mortgages up to £750,000 and we will take referrals beyond that too. [...]
Leeds Building Society: Retirement interest only mortgages
Curious about the potential? Retirement Interest Only (RIO) mortgages are designed so borrowers can use the sale of their home as a repayment strategy to repay their mortgage balance when they die or move [...]
More 2 Life: Compare our modern lending features with the competition… we think we win hands-down
Not all inheritance protection features are the same. With some lenders, the client has to select the feature on the application form and they may even charge a higher interest rate. Also, some lenders may restrict [...]
Golden Charter: Calls for statutory regulation of funeral plans
Golden Charter has backed calls for mandatory membership of the Funeral Planning Authority (FPA) and enhanced powers for the industry body instead of oversight by the Financial Conduct Authority (FCA). The funeral provider believes that [...]
Later Life Planning Update – August 2018
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. [...]
L&G Mortgage Club: Regional Autumn Events
Our autumn events provide an opportunity for advisers to gain further insight into a wide range of changes affecting the UK mortgage market, plus updates on new developments, regulation, technology, plus thought leadership from senior [...]
Vida Homeloans: Win the change to give your local community a helping hand
Win the chance to give your local community a Helping Hand Do you want to give a helping hand to your community? To celebrate the launch of Vida’s Helping Hand mortgage, the first Joint [...]
Santander: Financial commitments with four months or less to run
If your client has a financial commitment with four months or less to run at the time of agreement in principle or full mortgage application (FMA), you don’t need to include this in the ‘Financial [...]
Marsden: Expat Criteria Changes – Acceptable currencies
We've added Qatari Royal to our acceptable currencies... We've developed our expertise around expat lending having been in the market since 2010. We work closely with intermediary partners to ensure that our products support [...]
Nationwide: Changes to selected variable rate mortgages
The Bank of England announced an increase to the base rate on Thursday 2 August to 0.75%. Please find below the effect of this increase on Nationwide's mortgage rates. New and pipeline applications All Key [...]
Clydesdale: Online Application Improvements
We’ve made some improvements to our online application system. You Asked - We Listened Thank you to everyone who took part in our recent broker survey. In your responses, you overwhelmingly agreed that it was [...]
Fleet Mortgages: Shared accomodation
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Halifax: Rate changes
On Monday 13th August Halifax are making the following changes to the product range Withdrawal of 5 year 0-80% LTV FTB and 5 year 0-75% LTV HMV End and Complete by dates extended by three [...]
BuildLoan: Help your clients create their dream home
Many people would love to build the bespoke home they've been dreaming of - with BuildLoan, you can help make their dream home a reality! If you have clients planning a self or custom build, [...]
Pepper Money: Launches zero completion fee limited edition
Pepper Money has launched a Residential and Buy to Let Zero Completion Fee Limited Edition for clients who haven’t had a CCJ or default in the last 36 or 48 months. The Residential Limited Edition [...]
Enterprise: Help your clients fund home improvement projects
According to recent studies, existing homeowners are moving less frequently than they used to. With the cost of moving now more expensive than in the past, 48% of homeowners in the UK have plans to [...]
Weekly Mortgage Update – 10th August 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: Halifax announce rate changes; [...]
Virgin Money: 95% LTV for remortgages
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 [...]
Buckinghamshire BS: Mortgages for contractors
With around 15% of the British workforce now classified as self employed (source ONS 2017) the contractor market is an important part of the lending mix. Contractors often find the process of getting a mortgage [...]
Pepper Money: How do you know if your client is in a Debt Management Plan?
How do you know if your client is in a Debt Management Plan? Personal debt in the UK increased to £1.5839 trillion by the end of April 2018 compared to £1.535 trillion during the same [...]
Pure retirement: Releasing the potential for the future
5 Star Pure Max Range with Fee Contributions and Cashback options Pure Max DD Range MER AER Arr Fee Fee Package Cash back Minimumn Loan Pure Max Lite DD1 6.12% 6.29% 0 1,400 0 [...]
The Marsden: What about the other half
Borrowers taking their mortgage into retirement, only 51% have set plans for repaying their mortgage, so what about the other half?... Over half of borrowers over the age of 50 have plans to repay their mortgage [...]
Fleet Mortgages: Getting more bang for your buck
As landlords seek more bang for their property ‘buck’ we are seeing a growing interest in not just higher-yielding HMO properties but also those we would define as multi-unit blocks (MUB). For Fleet Mortgages, an [...]
Leeds BS: We’ve launched our Retirement Interest Only mortgage range
We’ve launched our Retirement Interest Only mortgage range. CuRIOus about the opportunity? Our Retirement Interest Only (RIO) mortgage range is designed to meet a number of important needs your customers may face in retirement [...]
The Mortgage Works: End dates extension
We're just letting you know that from tomorrow, Tuesday 31 July, we'll be extending the end dates across all Existing Customer Switcher products. Existing customer switcher guide
The Nottingham: A great rate and service to match
Here at The Nottingham for Intermediaries we are not only proud of our products but the dedicated service our underwriters provide you. Here’s the proof in a true case example: £200,000 residential purchase 77% loan [...]
The Family Building Society: Important changes to our mortgage product range
OWNER OCCUPIER – Important changes to our mortgage product range Family Building Society have made some changes to our Owner Occupier mortgage product range: we’ve withdrawn and replaced all fixed rate products – interest rates [...]
Buildloan: The Lifeblood of home building projects
A positive cashflow is the lifeblood of any homebuilding project. Anyone who has built their own home will vouch for that! Accelerator, exclusively available from BuildLoan, ensures your clients have the cash they need, when [...]
Chorley Building Society: Launches large loan mortgage product
Chorley’s new large loan Mortgage is for borrowers who are looking to lend a minimum of £400,000 up to £1,000,000 and has no application or scheme fee. With a maximum LTV of 70% the large [...]
Masthaven: Introducing lending specialists
Got a case but not quite sure it fits? Pick up the phone and give our lending specialists a call. As well as their commitment to find ways to say yes, the team is supported by [...]
Clydesdale Bank: product changes
We’ve made some improvements to our mortgage range as well as withdrawing selected products. What's changing The following residential products rate is increasing: Product Old rate New rate 2 year fixed to 85%R LTV - [...]
Weekly Mortgage Update – 03rd August 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: Virgin Money offer 95% [...]
Just: Changes to our lending policy
As of Monday 6 August 2018, we will be making some changes to our lending policy. A summary of the main changes are shown below: Changes to property criteria What From To Leasehold term Minimum [...]
Principality: Named the best building society for customer service in UK
Principality Building Society has received the What Mortgage Award for Best Building Society Customer Service 2018. The society won the award following What Mortgage’s 21 week voting campaign, which allowed customers to tell them where [...]
Vida Homeloans: reduced 5 year fixed buy to let rates
Vida reduces 5-year fixed buy to let rates by up to 0.75% Vida Homeloans has reduced several 5-year fixed rate buy-to-let (BTL) products by up to 0.75%. In addition, 5-year BTL Expat rates are also [...]
Coventry: Two BDMs for every broker
Improving the service we offer you We recognise the value a Business Development Manager can add to your business, so we’re now giving you two BDMs – one in the field and one on [...]
Together Money: The heatwave won’t be around forever.
...and neither will our new 3.59% residential mortgage rate. We’ve launched a 2-year fixed residential mortgage at our lowest-ever rate. But this summer special won’t be around forever – and when it’s gone, it’s gone. [...]
Fleet Mortgages: New build homes
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Precise Mortgages: New limited edition products
We are happy to let you know that we will be launching some new fantastic Limited Edition products tomorrow morning Wednesday 25th July 2018. These products will be launched alongside the current limited edition products [...]
3MC: New help to buy exclusive launched
We are pleased to announce the launch of new Help to Buy 2 & 5 year fixed rate 3mc exclusives with Precise Mortgages. The rates are up to 0.20% cheaper than the core Help to Buy products and are [...]
Marsden: Interest only clients
20,000 households will have interest only exposure over £50,0001 according to studies in the BSA's Lengthening the Ladder report over the coming years the interest only exposure is growing which will create a problem for [...]
Clydesdale Bank: Packaging for Success
Have you seen the Packaging Requirements section of our web-site? You will find hints & tips on how to package your application for the quickest processing times. Top tips and key things to know; CUSTOMER [...]
Furness building society: Winner of Best variable rate lender award
Furness Building Society is delighted to announce it has been named Best Variable Rate Lender in the 2018 What Mortgage Awards. The award is voted for by readers of What Mortgage Magazine and recognises things [...]
L&G Mortgage Club: Share your thoughts with us
Here at Legal & General Mortgage Club, we’re keen to ensure that we continue to provide our advisers with the highest standard of service and support to enable you to better serve the needs of your [...]
Santander: Self employed applicants
In the know…Self-employed applicants Accountant’s certificate: Always use the most recent accountant’s certificate on our website SA302s and Tax Year Overviews: If using SA302s and Tax Year Overviews for income evidence, make sure you [...]
Weekly Mortgage Update – 27th July 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: Virgin Money enhance their [...]
Foundation homeloans: Criteria changes
I just wanted to make you aware that we have changed our criteria and maximum loan. For both Standard and Ltd company B2L’s we will now go up to £1.5m at 65% LTV. For more [...]
Pepper Money: Residential rate cuts for clients with recent adverse credit
Residential Rates Cut for clients with recent adverse credit Pepper Money have refreshed their Residential product range. The highlight is they’ve cut rates by up to 0.55% on 5 year fixed for their Pepper [...]
The Family Building Society: Expat changes
Expats – Changes to countries and residence and ID requirements We’ve listened to your feedback and made some changes to the countries of residence and reduced the ID requirements for expat business. The main [...]
The Hanley: Withdrawal and New Product
Hanley Intermediaries is pleased to confirm our latest Self-Build product; MDS177: 3.99% Self-Build 2 Year Variable Discount (80% LTV, £899 Fees) For more information click here to see the product sheet.
Vida Homeloans: The new specialist solution for remortgage customers
Vida has recently launched its Joint Borrower Sole Proprietor product called ‘Helping Hand’ and is the first specialist lender to offer this solution. Several intermediaries have been in contact since the launch of Helping Hand [...]
Coventry: Product updates
Please see product updates below. Closed products Residential and offset Up to 65% LTV Over 65% LTV Buy to let Up to 65% LTV (no change) [...]
Barclays: Product changes
Please be advised we have made a number of changes across our Residential and Reward ranges with new product’s launched. Speculation of a base rate rise in August continues and many customers will no doubt be thinking about [...]
HSBC: Planned maintenance
Due to planned maintenance, the broker platform will be unavailable from 8pm Friday 20 July until 7am Sunday 22 July. Please can you make sure that you manage your mortgage cases effectively. We apologise for [...]
The Mortgage Lender: Resi, steady, go
We know people come in all shapes and sizes, it’s as normal to be self-employed or freelance as it is to be a permanent employee. Being single or divorced is as common as being married. [...]
NatWest: Residential rate reductions
Tomorrow, NatWest will be introducing rate changes to its range of residential and buy-to-let deals for existing customers. The move to introduce sizeable reductions in our switcher products is another step in our journey to [...]
Virgin Money: Product withdrawal notice
We have withdrawn the following Intermediary Exclusive buy to let products: 2 Year Fixed Rate at 60% LTV with a £995 fee 2 Year Fixed Rate at 60% LTV with a £1,995 fee In line [...]
Santander: Even more reasons to choose Santader
Here are some more reasons to recommend Santander to your clients. For interest only there's no minimum income and we’ll lend up to the oldest applicant’s 70th birthday; Your client will get a soft footprint [...]
Weekly Mortgage Update – 20th July 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: L&G Mortgage Club release [...]
Fleet Mortgages: Multi-unit blocks
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Retirement Advantage: You’re invited to our webinar
Here at Retirement Advantage we're dedicated to adviser support. We've been listening to your feedback and are thrilled to hear that you like our flexible approach to underwriting. To help you better understand our criteria, as [...]
Chorley BS: Launches a limited issue large loan mortgage product with no application or scheme fee
Chorley Building Society launches a limited issue large loan mortgage product with no application or scheme fee Chorley’s new large loan Mortgage is for borrowers who are looking to lend a minimum of £400,000 up [...]
More 2 Life: Great news, Our rates are decreasing
The rates on our Capital Choice and Capital Choice Plus plans have decreased. Along with improved rates, our Capital Choice range is packed with flexible, market-leading features, including: Guaranteed Inheritance Feature Capital repayments of up to [...]
Take part in our later life planning survey
I would like to invite you to take part in a short, but very important survey of members on issues related to later life planning. This is an area of growing importance for many of [...]
Secure Trust Bank: ‘Unordinary’ lending from your soon-to-be favourite lender
Let's be honest, we aren't the first people to offer into retirement mortgages; your clients who need lending into retirement could try to get a mortgage from numerous lenders. But it's our aim to be [...]
Just: Equity Release Academy 3 – Advanced ER Planning
Just Equity Release Academy 3 – Advanced ER Planning – 04th-19th September 2018 This CPD accredited Equity Release Academy is designed for advisers with ER1 (or equivalent qualification) who want to become more active [...]
Marsden: A different angle on affordability
We take a different angle on Older Borrowers... We specialise in Older Borrower mortgages which means we have a team of experts who are well versed in our approach to these clients. Which is [...]
Golden Charter: Local funeral directors – a comforting arm when you need them
Death is still such a taboo for British. Whether it’s our own death or the death of a loved one, we don’t want to think about it. However the reality is, it can be made [...]
Later Life Planning Update – July 2018
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. [...]
Weekly Mortgage Update – 13th July 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: Together launch 2 year [...]
Weekly Protection Update – 13th July 2018
Welcome to this week's Protection 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: AIG introduce new Critical [...]
Research by Pepper Money reveals new ways for brokers to maximise their business potential
Recent research by specialist lender, Pepper Money has found that nearly half of their brokers earned more for specialist cases in 2017 compared to mainstream cases. The research, which was conducted in the first quarter [...]
Santander: Yes, it’s true…£4£ Buy to Let remortgages
Under transitional arrangements, the rental cover we can offer is: 125% minimum rental cover at 5.00% affordability rate or 4.50% affordability rate for 5 year fixed rates Here's our criteria for transitional arrangements: The [...]
Enterprise Finance: Need help with development finance?
Do you have clients who are struggling to kick-start their next development project? Have you really exhausted all options to help them? If you haven't, it may be time to meet your new property developer [...]
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 [...]
Marsden Building Society: We don’t see age as a barrier…
Why we don't see age as a barrier... We've got a few years of experience under our belt when it comes to mortgages (158 in total) and 4 when it comes to specialising in [...]
Vida launches new Free Valuation residential mortgage and 1% fee for smaller BTL loans
Vida has revamped its Fee Saver residential mortgage range. Properties up to £500,000 now qualify for a free valuation and a significantly reduced £49 assessment fee. There are no product fees and standard legals are [...]
L&G Home Finance: Interest rates reducing
We are REDUCING the interest rates on the following products: Premier Flexible Flexible and Optional Payment (all options) Flexible Plus and Optional Payment (all options) The interest rates on Flexible Max and Optional Payment Max [...]
Paragon Bank: Portfolio lending in Scotland
Paragon has launched portfolio mortgages for buy-to-let landlords in Scotland. The portfolio range can be used to finance single self-contained units (SSC), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs), with products are available [...]
Clydesdale Bank: Service issues
Clydesdale have informed us that due to the increased volumes of business they are receiving they are currently experiencing servicing issues. This has resulted in offers taking between 4 to 6 weeks from receipt of [...]
Build Loan: Exclusive solutions for homebuilding clients
Building a new house or converting or renovating an existing property is a huge undertaking; the traditional rules of buying a house just don’t apply to this market, so it requires a specialist approach. Lenders [...]
Precise Mortgages: BTL and Residential product updates
We are pleased to announce that from Wednesday 11th July we will be making the following changes to our products in both BTL and Residential: Launch a new 2 year fixed limited edition specialist BTL product, updating [...]
Together: Our 2-year fixed rate residential mortgage has launched
WE CAN’T REMIND YOU ABOUT THE HEATWAVE BUT WE CAN TELL YOU ALL ABOUT OUR 3.59% SUMMER RATE. NEXT TIME, DON’T BE THE LAST TO KNOW. Our 2-year fixed rate residential mortgage has launched. Register [...]
Why Fleet Mortgages? Capital Raising…
To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk
Leek United kicks off its’ discounted mortgages with rates starting from 1.24%
Exciting new discounted offers are the highlights of changes to Leek United’s mortgage portfolio this week (w/b 2 July). The Society launches a range of competitive new products from Friday, 6 July, including: a Two-Year [...]
Halifax: Product Changes – L&G13 and MAB
Halifax have made the following changes to the product range: Withdrawal of 2 year fixed Remortgage tracker product View rate guide for further details of the product change
Halifax: product changes
On Monday 9th July Halifax are making the following changes to the following product range Withdrawal of 2 year fixed Remortgage tracker product Please view the rate guide for further details of the product change [...]
NatWest: Make rate changes to core and semi-exclusive residential and buy to let deals
Core Range Residential RATE CHANGES 2 year fixed rate purchase [FO17809] 95% LTV, decreasing by 14bps from 3.71% to 3.57% (4.0% APRC, 3.99% SVR), £0 product fee 5 year fixed rate purchase [FO17904] 95% [...]
Vida Homeloans: Team Vida is growing
Vida Homeloans has added to its award-winning sales team with three new Key Account Managers to cover London, the South East and South West. The team has been joined by Chris Holcomb (London), Helen Mountain [...]
L&G Home Finance: New reduced interest rates
We are pleased to announce that we have reduced the interest rates on the following products: Flexible Max and Optional Payment Max (all options) Flexible Max Plus and Optional Payment Max Plus (all options) The interest [...]
Together: launch a new 2 year fixed Prime Plus product
we are pleased to announce we have launched a new 2 year fixed Prime Plus product to whole of market. The old 2 year fixed exclusive 5.99% available via clubs/networks is not affected and will [...]
Virgin Money: You deserve the best
Your business doesn’t stand still and neither do we. To keep us both ahead of the game, we’ve made our buy-to-let range bigger, our lending broader and our service stronger. Better for all of us. [...]
Hanley: Introduce new residential products
Hanley Intermediaries is pleased to confirm our two new residential products; MDS175: 1.69% Discount for Term (65% LTV, Capital & Repayment or Interest Only) MFD262: 3.59% Fixed Rate for Two Years (95% LTV, Capital & [...]
Clydesdale Bank: Product transfer
Could your customers benefit by switching earlier to a lower rate? If their current Clydesdale Bank rate expires in July, August or September, then they are eligible to switch rates now. Switch Rates Early Your [...]
Santander: Help to Buy: equity loan applications
Help to Buy: equity loan Authority to Proceed (ATP): We no longer need to see a copy of the ATP document before a case can be reviewed by an underwriter. We’ll now ask a [...]
Pepper Money: Mortgages for the self employed
The number of self-employed workers in the UK has increased by over 1 million in the last decade according to recent figures by Office of National Statistics. And it’s the newly self-employed that find it [...]
Marsden: We’re committed to supporting you and your 55+ clients…
We're committed to supporting you and your 55+ clients... Last year, 40% of our new business was from your Older Borrower clients The Marsden pioneered the Older Borrower mortgage in 2014 and has since [...]
Fleet Mortgages: Houses in Multiple Occupancy
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Atom Bank: Affordability calculator offline
To keep you in the loop: our affordability calculator on the www.digitalmortgages.net website has been taken down due to a technical issue. There is a status message on the page to inform brokers that the [...]
Build Loan: Broker roadshow
Educating the broker community is key to growing the self and custom build sector. The Government’s objective with the ‘Right to Build’ legislation is to ensure that self and custom build accounts for around [...]
Weekly Mortgage Update – 06th July 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: Clydesdale announce product [...]
The Marsden: Here’s why we should be your top pick
Buy to Let remortgage - Here's why we should be your top pick... With growing demand from brokers for Buy to Let remortgage, we've made some changes to our products and criteria to support you [...]
Hodge Lifetime: Product change notification
As of 2nd July 2018, improvements will be made to the following products: 55+ Mortgage 55+ RIO Mortgage 55+ Retirement Interest Only Mortgage: Maximum Loan Value - £1m (was £500k) Maximum Property Value - £3m (was [...]
L&G Home Finance: We have REDUCED the interest rates on some products
Great news! We have made some exciting changes to Premier Flexible. More people will qualify as we are reducing the minimum loan size from £250,000 to £100,000. Customers will no longer need to pay a valuation [...]
Together: introduce new summer rate
You didn't know it wasn't fancy dress, but you'll be the first to know about our summer rate. Register with Together, and we’ll make sure that you’re the first to know about our residential mortgage [...]
Fleet Mortgages: Up to age 79 at application
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Chorley Building Society: Enters 95% LTV New Build market
Chorley Building Society,(already lend in the Help to Buy England and Wales schemes) have re-entered the high loan to value 95% market on residential houses, this includes new builds (but not Flats). The territorial market [...]
Clydesdale Bank: Rate reductions & more
Great news - we’ve reduced rates on a number of products and we’ve introduced some new products too. Rate Reductions The following rates have reduced, live now: Product Old Rate New Rate 2 Year fixed [...]
Vida Homeloans: New Helping Hand Mortgage
The Helping Hand mortgage from Vida Homeloans has been designed to allow parents to join their child on the mortgage (and to have their income taken into account as part of Vida’s affordability assessment) without [...]
Leek United: increases loan limit by £100k
Leek United has increased its mortgage lending limit from 85% LTV and above. The change sees a £100k rise – from £300,000 to £400,000 – on the Society’s 95% Loan To Value (LTV) mortgages, with [...]
Atom Bank: Millennials can have their avocado toast and eat it too with our new first-time buyer mortgages
Millennials get a bad rap. They’re self-obsessed selfie-lovers. They eat too much avocado. They think man-buns are cool. There’s an endless number of stereotypes levelled at 20-36 year-olds, yet if there’s one that that does ring true it’s [...]
Virgin Money: Continue to enhance their intermediary proposition
On 25 June, Virgin Money made key enhancements and changes to their proposition: BTL Portfolio Landlord applications now accepted. Free valuations and a choice of free legal work or cashback for BTL remortgages. Maximum term [...]
Pepper Money: Enhances Criteria for the Self-Employed
As part of their Fresh Criteria, Pepper Money has enhanced its criteria for self-employed borrowers. To assess affordability of self-employed applicants, Pepper Money will now use the latest year’s figures rather than an average of [...]
Precise Mortgages: Maximum LTC increased on bridging finance
Precise are delighted to confirm their maximum LTV has increased to 75% for Regulated and Non-regulated Light Refurbishment and Standard Bridging Finance. We’re sure you’ll agree this is great news and will allow us to [...]
Santander: Important lending policy and service changes
We’ve increased the maximum loan amount and LTVs for residential non-new build flats and made some changes to the way you and your clients pay fees. Residential non-new build flats Maximum LTV Loan amount What's [...]
Kent Reliance: Buy to let Britain report
We are pleased to announce the release of the eighth edition of Kent Reliance’s Buy to Let Britain report. This is a detailed analysis of the key trends in the private rented sector (PRS) and the Buy [...]
Weekly Mortgage Update – 29th June 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: L&G home finance announce [...]
Precise Mortgages: Buy to let limited edition 5 year fixed mortgage
We are pleased to share details of a series of new limited edition BTL products that are now available. Product summary: 49% 5-yr fixed with 1.5% fee, minimum £300k loan size; 3.59% 5-yr fixed with [...]
Pepper Money: Introduces day rate contractor calculations
As part of their Fresh Criteria, Pepper Money has launched a better deal for the growing population of contract workers, with the introduction of day rate calculations to assess affordability. Between 2008 and 2017, the [...]
Coventry: Product closures
Please see product updates below. Closing products 8pm Monday 25th June 2018 Residential and offset Up to 65% LTV (no change) Over 65% LTV (no change) [...]
Crystal Specialist Finance: Secure £9M solution
Crystal Specialist Finance (CSF) and Amicus have secured deals totalling over £9.1m to ensure the successful purchase and development of a largescale residential project for an established property developer. Initially a £3m bridge was agreed [...]
Santander: Overtime
To use overtime as primary income (100%), amounts must be regular and consistent and not a short-term trend. We’ll use the lowest monthly payment from the last three months’ payslips x 12* If there [...]
Digital Mortgages: Mortgage rate changes
We have updated a number of rates from our range of residential mortgage products. We’ve made reductions across our first-time buyer range; Higher LTV bands for remortgage and purchase rates will see small decreases; Lower [...]
Marsden: Takes 125bps off Buy to Let range & launches new First Time Buyer and Older Borrower products
First Time Buyer, Older Borrowers & Buy to Let We've made some changes to our product portfolios effective this week and live on sourcing and our website. Residential Extended end dates for First Time [...]
Clydesdale Bank: Product changes
What’s Changing? The following residential products are being withdrawn from sale today: 2 year fixed to 75% LTV (Fee Offer) – 1.79% 2 year fixed to 80% LTV (Fee Offer) – 1.89% Product Transfers [...]
Fleet Mortgages: The Quest by Landlords for Increased Profitability
The quest by landlords for increased profitability within their portfolios is not going away; in fact as a series of regulatory and political measures have hit the ability of those properties to make a profit, [...]
Enterprise: Get more from your existing client bank
Are you looking for ways to generate more business? The obvious, simple solution may be right in front of you… Many of your clients may need to raise additional funds but are locked into: Interest-only [...]
Leek United: Doubles mortgage offer period
Leek United has doubled the offer period on its mortgages from three months to six months*. The increase – which came into effect this month (June) – gives homebuyers the reassurance of additional time to [...]
The Hanley: Release new residential product
Hanley Intermediaries is pleased to confirm our new residential product MDS173: 1.85% 5 Year Discount (50% LTV, Capital & Repayment or Interest Only) If you have any queries or I can be of any assistance, [...]
Kent Reliance: Amplifies their wider residential criteria
his week we are pleased to announce that we have made significant changes to our residential proposition – namely the expansion of our near-prime product offering. Our Business Development Manager, Matthew Butt and Broker Liaison Manager, Alan [...]
Weekly Mortgage Update – 22nd June 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: Enterprise Finance want [...]
Hodge: Release new mortgage product
The 55+ Retirement Interest Only Mortgage The UK's first residential 'no end date' mortgage for over 55's from a company dedicated to later life lending since 1965. What is it: A residential interest only mortgage [...]
Marsden: Launch new products
Buy to Let, First Time Buyer and Older Borrowers What happens next? Products will be available on sourcing systems from today You can find downloads for our product portfolios below and on our website Our Intermediary [...]
The Right Will: Will and estate planning software
Will and Estate Planning Software Increase your earning potential with our simple to use software Fantastic income generator £170 per mirror Will £1,100 for Lasting Powers of Attorney for a couple Simple to use [...]
Just: New lifetime mortgage application form
Lifetime Mortgage application form We would like to let you know that the lifetime mortgage application form has changed. Download the application form To avoid delays in processing, please make sure all relevant [...]
More 2 Life: Social media guide and Capital Choice rate decrease
Equity release advisers & social media Recently, we undertook some research into the social media habits of equity release advisers, and the findings were interesting to say the least. While 79% of advisers use [...]
Retirement Advantage: Equity Release Lead Generation Workshop
Following on from our popular Equity Release Exam Workshops, the Equity Release Lead Generation Workshops have been developed for Equity Release advisers who are newly qualified or want to increase their engagement with the sector. [...]
Golden Charter: Talking funeral plans
You work hard to develop close working relationships with your clients so that you provide value to them. You think about their needs and their circumstances before a meeting to ensure that the advice and [...]
Aviva: Equity release CPD modules
CPD Modules Click on the button below to be taken to Aviva's equity release CPD modules. Choose the modules relevant to your personal development. Modules 1 and 2 are aimed at those not active [...]
Ipswich BS: Clients borrowing into later life?
Clients borrowing into later life? New options from Ipswich Building Society. Since the implementation of the Mortgage Market Review (MMR) in 2014, borrowers in their mid-forties and above found they had a reduced choice [...]
Principality: Appoint a New Build Business Development Manager
Principality Building Society has appointed Julia Debattista as New Build Business Development Manager in support of their commitment to the new build sector. Julia joined the Society as a Senior Underwriter in 2015 and joined [...]
Dudley BS: Guaranteed pension income
A Case Study we thought you may find interesting Guaranteed pension income helping borrowers to build a much needed extension... We received a joint application for a £75,000 loan on residential remortgage at a [...]
Enterprise: How to spot landlord opportunities
According to a recent report, April saw the highest number of landlords selling their Buy-to-Let properties since records began in 2016. With extra stamp duty and stricter regulatory and lender tests in place, it seems [...]
Hodge: Launch Retirement Interest Only plan
We are pleased to have launched our residential Retirement Interest Only plan. The RIO will sit alongside our existing 55+ Interest Only (and ER plans for those who are licenced). The 55+ RIO The mortgage [...]
HSBC: Changes to Mortgage Products and Booking Fees
We have made a number of changes to our residential mortgage product range and how we charge our booking fees. With the launch of this new range of products, we will be making the booking [...]
Fleet Mortgages: Income from Rental Accepted
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Foundation Home Loans: Positive changes to buy to let products
We are pleased to share with you some really positive changes we have made to our product range. We are constantly reviewing our rates and it is essential that we remain competitive and in some [...]
The Mortgage Lender: Product changes
We have replaced our residential products, and have also launched a cashback semi exclusive product that is available to our Network and Club routes only. Our rates have been reduced across our tracker products, and [...]
Precise Mortgages: Launch new buy to let product
Hot off the press - we have be launched a series of new limited edition BTL products that are available now. The products are described in detail in the attached excel file, but in summary are: 3.49% 5-yr [...]
Santander: Key account exclusive
We have extended our All Key Account Exclusive products to purchase customers. Don't miss out as these products are available for a limited time only. Full details can be found here
The Hanley – Product withdrawal
We have withdrawn the following products: MDS168 - 1.54% Variable Discount for 5 Years To see our full range of products visit our website.
Vida Homeloans: Seeking good yields for your BTL clients?
For buy to let investors the challenges that come with the London housing bubble are well understood. What is not so commonly reported is the fact that areas in the North West have been top [...]
3mc: New Packager Exclusives Launched
We are pleased to announce the launch of new Buy to Let and Residential packager exclusives with Foundation Homeloans and The Mortgage Lender. The Foundation Homeloans BTL 5 year fixed rate calculates the minimum rental stress from 125% at [...]
Weekly Mortgage Update – 15th June 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: HSBC announce changes [...]
Vida Homeloans: BTL Remortgage Market – Are You Missing Out?
UK Finance figures show that buy-to-let lending for property purchases fell by 8.8% year-on-year in February to 5,200 but buy-to-let remortgage completions were up by 20.5% to 14,100. Are you taking advantage of this relatively [...]
Fleet Mortgages: Gifted Deposits
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Hanley Economic: Product withdrawl
Please note that we will be withdrawing our Buy to Let mortgage Code MDS167 – 75% LTV, 1.75% discount mortgage for 2 years. Any outstanding applications are required to be uploaded onto our online system [...]
Digital Mortgages: Mortgage rate changes
We have made changes across our range of residential mortgage products. We’ve increased the rates on some of our 2, 3 and 5 year purchase and remortgage products, at 60% to 90% LTV. We’ve also [...]
Magellan Homeloans: now pay procuration fees on exchange of contracts
We understand how frustrating it can be when you’re waiting to be paid. That’s why we’ve recently announced that we are now paying procuration fees at exchange of contracts, rather than the traditional wait until [...]
Santander: Customer contact information
As part of the application process we need all areas of the application form completed. This includes details of your client's mobile number, landline or email address. This information supports 3 key areas of the mortgage [...]
Enterprise Finance: Your opportunity to embrace commercial mortgages
Have you said “no” to a client recently, when their requirements seemed too complicated? For example, do you have clients that wanted to start a new business which needed to purchase a property? Immediately - [...]
Marsden: Expat product launch
You have access to our expat range. Here’s everything you need to know… We have launched our Expat Residential and Expat Buy to Let mortgages on sourcing and on our website meaning you're eligible to [...]
HSBC: Our ambition is to help you achieve yours
We recently launched a number of 95% LTV mortgage products as part of our continued commitment to the intermediary market and have further enhanced our product offering to support you and your clients. [...]
Coventry: Product updates
Please see product updates below. Closed products Residential and offset Up to 65% LTV Over 65% LTV Residential and offset Up to 65% LTV (no change) [...]
NatWest: Reintroduce 2 year semi exclusives
NatWest has introduced rate changes to its core and semi-exclusive ranges of residential purchase mortgages and remortgages. There is also an introduction of new core and semi-exclusive residential products. Here’s a summary of the changes: [...]
Leek United: New summer deals
Get them while it’s hot..! Leek United gives its mortgage portfolio an early summer boost this week, with the launch of two great new Fixed Rate deals. A Two-Year 75% Loan To Value (LTV) Fixed [...]
Weekly Mortgage Update – 08th June 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: HSBC help you [...]
Birmingham Midshires: Product transfer
Our BTL product transfer range allows your client to choose a new product for their existing BM Solutions mortgage; - PTs can be keyed up to 90 days prior to the current mortgage product expiring [...]
Aldermore: Strengthens remortgage range
Aldermore has launched a new range of remortgage only products up to 90% LTV on its Residential Range with no valuation, legal, application or product fees^, ideal for clients who may want to move from [...]
Leeds BS: Help to buy remortgages
Help to Buy remortgages As of the 1st April the Help to Buy: Equity Loan Scheme (England) (HTB) will have been available for 5 years. Designed to help buyers get on or move up [...]
3mc: New exclusives – new limited company buy to let product
We are pleased to announce the launch of a new Limited Company Buy to Let 5 year fixed rate packager Exclusive with Precise Mortgages. The product is 0.10% cheaper than the standard product and is available [...]
Clydesdale Bank: Product changes
What’s Changing? We’ve had a great reception to our residential 5 year fixed rate at 1.89% available to 75% LTV but the time has come to withdraw the product from sale. This withdrawal applies to [...]
Virgin Money: launches longer fixed rates
More and more customers are looking for longer-term fixed products to benefit from low interest rates and the security of fixed monthly payments. With the potential of an increase in the Bank of England base [...]
Fleet Mortgages: Why Fleet Mortgages?
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Marsden: Interest only downsizing
Did you know? We allow downsizing as a repayment vehicle? Steve Robinson, Head of Lending at the Marsden said, "We're seeing a growing demand for Older Borrowers in retirement who are looking to downsize in [...]
Santander: Key Account exclusive remortgage products
On Wednesday 30 May 2018 launched 4 new Key Account exclusive remortgage products* for a limited time only. NEW! Key Account exclusives (remortgage only)* 60% LTV 2 year fixed rate 1.44% with £1249 product fee. [...]
Weekly Mortgage Update – 01st June 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: Clydesdale Bank announce [...]
Aviva: Open the door to better equity release conversations
Watch our free CPD-accredited video for 14 top tips As you know, a lifetime mortgage can truly transform a customer’s life. But helping clients to understand that – and finding them in the first place [...]
Family BS: Enhances terms for inter generation mortgages
Family Building Society has enhanced their lending criteria to allow up to two owner occupiers for all Joint Mortgage Sole Owner (JMSO) applications. JMSO enables additional borrowers (such as parents) to join in a mortgage [...]
Just: Equity Release Academy
Just Equity Release Academy 2 – Business Development - 05th-21st June 2018 The place for equity release in later life planning. The lifetime mortgage market is growing and set to reach around £6.6bn by 2021. [...]
L&G Home Finance: Reduced interest rates
We have REDUCED the interest rates on the following products: Premier Flexible Flexible and Optional Payment (with and without 2% cashback option) Flexible Plus and Optional Payment (with and without 2% cashback option) The interest [...]
More 2 Life: Have you heard about our formidable four?
Have you heard about our formidable four features to help protect your clients no matter what events may occur during their lifetime, ie: Fixed ERCs – simple and clear to understand, and give certainty. 3 [...]
Post Office Money: Offering retirement products
Post Office Money is now available. You don’t need ER1 as it’s a mortgage The aim is for Post Office to offer the more traditional mortgages, with BOI being more specialist. You’ll see from below [...]
Chorley: Enter 95% market
We are pleased to announce that we have entered the 95% market. Our new products are available to: New, first time buyers Home movers or remortgage customers for mortgages secured against their main residential property. [...]
Aldermore: Later Life Lending mortgage range
Aldermore have made quite a name for them-selves in the specialist mortgage world - and now they’re extending their offering to later-life mortgages. Their new range for borrowers aged 55 and over features multiple product [...]
Later Life Planning Update – May 2018
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. [...]
Magellan: Now pays procuration fees on exchange of contract
Magellan now pays procuration fees on exchange of contract With immediate effect, and including any live cases, Magellan will now pay your procuration fees when contracts are exchanged. This means your fees can be [...]
Enterprise: Product transfers – friend or foe
Product transfers – friend or foe? Did you know many High Street lenders are now directly approaching clients 4 months before the end of their first charge term? In many of these situations clients [...]
Fleet Mortgages: Why Fleet Mortgages? Multi-unit blocks
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Vida Homeloans: First Time Buyers – 90% LTV on new build houses and flats
Research from Vida Homeloans shows that more First Time Buyers are taking advantage of greater product innovation in the specialist mortgage sector. A wider range of products and a raft of new lenders has meant [...]
Furness BS: New head of intermediaries appointed
Furness Building Society is delighted to announce the appointment of Alasdair McDonald as Head of Intermediaries Alasdair joins the society having previously been Head of RBS Intermediary Partners; He has over 25 years of experience [...]
Buildloan: Right to build roadshow
Right to Build is a BIG deal for you and your clients. Learn how you can maximise this opportunity and support your client’s wishing to build or commission their own homes with a free ‘Right [...]
Atom Bank: Our new rates and 95% LTV mortgages are now live
We’re excited to confirm that our new 95% LTV mortgages for purchase and remortgage customers are now live. We’ve also changed the rates and end dates on our fixed-term products to help customers get a [...]
Precise Mortgages: Residential fees launched
We pleased to bring you news of a new range of Residential Fees-Assisted 2-Year Fixed Rate products This update introduces a new range of 2-year fixed rate options for borrowers that may benefit from a [...]
Marsden: Our Older Borrower Bucket List
As a later life lending expert, we have come across some weird and wonderful reasons for lending to our Older Borrowers. Here's some of our favourites... "Home improvements" Why when you get to a certain [...]
Hanley BS: Product update
Please note, the following products have been withdrawn with immediate effect. MDS134 2.89% BTL Variable Discount for 2 Years MDS161 1.50% BTL Variable Discount for 2 Years MDS162 1.44% Variable Discount for 5 Years MDS146 [...]
Together Money: Bricks and mortar aren’t the be-all and end-all
At Together, we know that, these days, not everyone wants the traditional, two-up-two-down home. So our residential mortgages aren’t limited to ‘conventional’ properties. Instead, we stretch to accommodate you wherever we can. Whether it’s a [...]
The Mortgage Lender: New product launch
We are pleased to announce our whole of market cashback product range, in addition to our core residential mortgage products. These products will be available on 2 and 5 year fixed rates, and come with [...]
Nationwide: Year end results released
Today we’ve announced our full year performance for the financial year 2017/18. Attached is an infographic which gives an overview of our performance. Headlines: We’ve delivered the best service satisfaction among our high street peers, [...]
Hinckley & Rugby BS: Amendments to product range
We are making amendments to some of our products. These are set to go live on the Tuesday 29th May 2018. Generally Available Residential Current product code - RVD25 – Fee Free 2 Year Discount [...]
Weekly Mortgage Update – 25th May 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: Magellan pays procuration fees [...]
Virgin Money: Maximum residential loan size increase
Intermediary feedback to Virgin Money told them that larger loans would help your clients. As a result they’ve increased their maximum residential loan size from £1m to £2m and have launched mortgage deals to support [...]
Precise Mortgages: Residential fees-assisted 2 year fixed rate products
We are pleased to bring you news of a new range of Residential Fees-Assisted 2-Year Fixed Rate products that we today. This update will introduce a new range of 2-year fixed rate options for borrowers [...]
Vida Homeloans: Vida widens Buy to Let Expat criteria
Vida has widened its Buy to Let Expat criteria and now lends to existing UK property owners working in FATF member countries around the world, including Australia, America and Canada. Louisa Sedgwick, Director of Sales [...]
Santander: In the know… pound for pound buy to let remortgages
Under transitional arrangements, the rental cover we can offer is: 125% minimum rental cover at 00% affordability rate or 50% affordability rate for 5 year fixed rates Here’s our criteria for transitional arrangements: The [...]
Family Building Society: We’ve increased our maximum age for older borrowers to 95
Our maximum term of the mortgage is now set by the age of the oldest borrower at the end of the term – with a maximum age of 95. We’re pleased to let you [...]
L&G: New reduced interest rates
We are pleased to announce that we have reduced our interest rates on some of our lifetime mortgages by up to 0.13%. Lifetime mortgages without an arrangement fee from 08th May Premier Flexible Flexible & Optional [...]
Aldermore: Launch later life lending mortgage range
Aldermore have made quite a name for them-selves in the specialist mortgage world - and now they’re extending their offering to later-life mortgages. Their new range for borrowers aged 55 and over features multiple product [...]
Self Build: Get it right for your client
Self build mortgage applications are generally viewed in exactly the same way as any traditional mortgage, yet the reality is that there's nothing more specialist than self build. Every self build project is unique and [...]
Fleet Mortgages: Simple Rental Calculations
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
The Coventry: Advance notice of mortgage maturities
We’ll be writing to our BTL customers with July 2018 maturities at the end of May to let them know. If you have any clients with mortgage deals that are coming to an end, now [...]
Weekly Mortgage Update – 18th May 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: Legal and General [...]
April UK: Important changes to our private medical insurance premiums
From 1st June 2018 we are making changes to our Regional Plus and inSpire Private Medical Insurance new business premiums. This will impact both individual and SME plans. Please note that renewal premiums will not [...]
Weekly Mortgage Update – 11th May 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: Digital Mortgages share [...]
Enterprise Finance: Boost your business by recognising bridging
When you’re in a time sensitive situation, there’s really nothing more frustrating than experiencing a ‘computer says no’ rejection. You will have had clients who have been through this – they reached out to you [...]
The Hanley: Product Withdrawal
Please note, with immediate effect we are withdrawing the following products; Residential MFD248 – 3.9% Fixed for 5 Years MFD249 – 2.59% Fixed for 5 Years Buy To Let MFD250 – 1.99% Fixed for 2 [...]
Together: Residential mortgages – It’s not always plain sailing
At Together we know that when it comes to residential mortgages it’s not always plain sailing. So whether it’s your client’s income, credit history or property type that’s a little out of the ordinary, Together’s [...]
Family support for FTB from Bucks Building Society
The latest offering from Buckinghamshire Building Society is a Family Assist Mortgage available to first time buyers, who are finding it difficult to raise a deposit or need funds for home improvements. They can borrow [...]
Virgin Money payment holidays for landlords
Virgin Money allow customers including landlords to apply for one month payment holiday for every 9 consecutive months mortgage payments. The payment holidays can be accumulated up to a maximum of 3 months, once 27 [...]
Principality: We’re making some changes to our mortgage range
We would like to inform you that we are making some changes to our residential mortgage products on Monday 14th May at 9am. Details Product 11827 will be increasing by 0.20% to 1.95%. Product 11829 will [...]
3MC: New Specialist BTL Exclusives Launched – Landbay
We are pleased to announce the addition of new 5 Year Fixed Rate Specialist Buy to Let Packager Exclusives from Landbay. Landbay does not make decisions based upon a credit score but analyse each application on [...]
Clydesdale Bank increases BTL LTV to 75% at £1.5m
Exciting news. We have improved our maximum LTVs and we have some new products for you too. What's changed?
Marsden: Have you found a home for your first time buyers?
Have you found a home for your First Time Buyers? No? Give the Marsden a shot. We accept mortgages in England and Wales, have individual underwriting to take into consideration your clients circumstances and our products [...]
Earl Shilton Building Society: Arrangement Fee changes
With immediate effect that Society has changed the arrangement fee structure on a number of our mortgage products. At present, there is a fixed arrangement fee for mortgages up to £250,000, but this increases to [...]
Vida Homeloans: Are first-time buyers being short-changed by high street lenders?
There once was a time when first-time buyers (FTBs) with a small deposit, impaired credit or self-employed status only had the high street lenders to choose from. If their applications were rejected, many in these [...]
Fleet Mortgages: Why use Fleet Mortgages for Limited Company?
To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk
Santander: In the know…Bank statements
Here are some top tips when sending us bank statements. To support income evidence (e.g salary credits, benefit payments and rental income) you only need to provide the individual bank statement page showing the income [...]
Digital Mortgages: our latest criteria changes
We’re building a bank that works for you. That means, when you speak, we listen. And when it comes to mortgages, we’ve been out in the field listening to as many of you as [...]
HSBC: Broker Platform Maintenance
Due to planned maintenance, the broker platform will be unavailable from 10pm Friday 11th May to midnight Sunday 13th May. We apologise for any inconvenience this may cause.
Leeds Building Society: We’ve improved out service again
At Leeds Building Society we’ve been working hard to improve our service to you, below are some examples of how they may impact you when submitting cases with us. A simpler process to submit portfolio [...]
Crystal Specialist Finance: £10m Bridging Case Study
Case Study: £10m Bridging loan to purchase a dilapidated care home Client Requirement A client introduced to Crystal Specialist Finance wanted to purchase a derelict care home in North London and carry out a complete renovation project to [...]
Vida Homeloans: Impaired Credit Specialist Residential Mortgages from 2.89%
Vida Homeloans recognises that your customers don’t always fit the norm and sometimes it is necessary to think outside the box in order to secure their property purchase. Perhaps they’ve experienced redundancy or divorce or [...]
3mc: Launch exclusive buy to let packagers
We are pleased to announce the launch of new Buy to Let Packager Exclusives from The Mortgage Lender. The products are available for remortgages and purchases up to 80% Loan to Value with minimum rental stress requirements from 125% @ [...]
Precise Mortgages: Launch new Limited Edition Small Loans Buy to Let range
This range of products aims to cater for landlords who require a loan size of up to £55,000; this may particularly assist landlords in the North where property values may be lower. A summary of [...]
Pepper Money: Debt Management Plan Range
Debt Management Plan Range Pepper Money recently launched a Debt Management Plan mortgage range for individuals who are in an arrangement with a licensed debt management company. The range, consisting of a number of [...]
The Marsden: Tell us what you think!
Can we grab just two minutes of your time? We want to you to tell us what you think about Older Borrowers and the support that you get from lenders like us for your 55+ [...]
Santander: Changes to our mortgage range
As of the 1st May we increased selected fixed and tracker rate products as well as withdrawing selected fixed rate products. Residential withdrawals 60% LTV 5 year fixed 2.09% (purchase and remortgage) with [...]
Foundation Home Loan: New residential product launch
I wanted to share with you the exciting news that we have relaunched our residential proposition. The key Changes are:- Automated Decisions Faster Application Submission A wider more substantial product range starting at 2.24% (Please [...]
Virgin Money: Product withdrawal notice
On Monday 30 April, we amended the following residential product: 2 Year Fixed Rate at 65% LTV with a £995 fee will be increased to 1.50% for both purchase and remortgage customers. For full details [...]
Hanley Economic: Implements criteria changes
We have announced two major criteria changes across our near prime product range. Following intermediary feedback, we will now accept applications from borrowers who have been in a Debt Management Plan for over 12 months [...]
Weekly Mortgage Update – 04th May 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: Santander announce changes [...]
Hodge Lifetime: Launch Retirement Mortgage
Great news, we've added to our popular 5-year fixed rate Retirement Mortgage. Introducing the 2 year, fixed rate Retirement Mortgage from Hodge with a rate of 3.45%, available from 23rd April 2018. About the Retirement [...]
Fleet Mortgages: New build houses!
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Principality: We’ve relaxed our self-employed lending criteria
We've reduced the level of income information we need for self-employed mortgage borrowers, from 3 to 2 years. Where the loan-to-value is 75% or less, we will assess applications based on the latest year’s figures. [...]
Clydesdale Bank: launches 5 year fixed rate at 1.89%
Great news. We’ve launched a new fixed rate product with a competitive rate of 1.89%. Here are the key product details: 5 year fixed rate at 1.89% Maximum LTV 75% Available for loan sizes between [...]
Virgin Money: Simple BTL affordability calculator
Virgin Money’s simple BTL Affordability Calculator To keep things simple, Virgin Money have one BTL affordability calculator so you can check the loan amount they’d offer your client. Continue to declare all of your client’s [...]
Santander: Quicker mortgage offers
In the know…Quicker mortgage offers Here are some top tips to help you and your clients receive a quicker mortgage offer! Gifted deposits! We need to know: What is the full name of the person [...]
BuildLoan: Right to build roadshow
Right to Build is a BIG deal for you and your clients. Learn how you can maximise this opportunity and support your client’s wishing to build or commission their own homes with a free [...]
Barclay’s: Mortgage product changes
Please be advised we have made a number of changes across our Residential, Buy to Let and Reward ranges with new product’s. This change has seen us introduce two new Buy to Let portfolio landlord [...]
Marsden: Product and Criteria Changes
Exclusive News Flash - Older Borrowers and Residential Older borrower changes Rates reduced across product range NEW simplified product range from 15 to 4 products NEW 2 & 3 year fixed and discount rates to choose [...]
NatWest: Launch new high value remortgage rates for new and existing customers
NatWest has launched new high value remortgage rates for new and existing customers who have a mortgage of £500k and over. Until now we have based all products on LTV; however we are introducing 12 [...]
Aldermore: New options to support clients with credit blips
Aldermore’s specialist mortgages give credit where credits due Today Aldermore launched two new levels of products across its residential range, these new ranges have extended credit criteria and are ideal for clients who may not [...]
Pepper Money: Fresh criteria
Pepper Money has revamped its product range with a wealth of fresh criteria to make it easier for brokers to place their interesting cases. The new criteria includes: Small utilities, communications and mail order defaults [...]
Weekly Mortgage Update – 27th April 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: Marsden announce product [...]
Pepper Money: Introducing Pepper Money
Pepper Money is an award-winning specialist lender offering Residential and Buy to Let mortgages exclusively through intermediaries. Our aim is quite simple: to help you write more business. We do this by combining competitive pricing [...]
Santander: Yes it’s true – Buy to let portfolio landlords
Yes, it’s true…Buy to Let portfolio landlords We only accept portfolio landlords for remortgages without capital raising which meet our eligibility criteria for transitional arrangements Transitional arrangements criteria: New Buy to Let (BTL) remortgage application [...]
Clydesdale Bank: Our flexible mortgage underwriters
Our underwriters are able to assess each case manually and on merit. This personal approach means we could help a wider range of your clients. Non-standard income - We’ll discuss non-standard income streams and more complex [...]
Vida Homeloans: moves to a new HQ
We have moved our head office to a larger premises within Staines-upon-Thames as we look to double our lending volumes in 2018, following a successful first year of trading. Guy Batchelor, Sales & Marketing Director [...]
Earl Shilton BS: Latest Updates
Latest news from Earl Shilton Building Society Discount increase - All discounts on existing schemes have been increased by 0.25% meaning the pay rate has reduced by 0.25%. These are detailed on the attached product [...]
Fleet Mortgages: Portfolio Landlords
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
3MC: New Buy to Let Packager Exclusives
We are pleased to announce the launch of new Buy to Let Packager Exclusives from Foundation Homeloans and Lendinvest. Foundation Homeloans The products are available for remortgages and purchases up to 65% Loan to Value with minimum rental stress requirements [...]
The Tipton: New intermediary fixed rates
We are pleased to announce we have launched additional intermediary semi-exclusive fixed rates New 5 year Fixed Purchase Products FE094 2.59% Fixed until 31 July 2023 – Max 90% LTV - £999 Arrangement Fee FE095 [...]
Together Money: Saving you time with online document uploads and on-demand case tracking
We’re pleased to announce some great changes we’ve made to our online application system, My Broker Venue. We’ve listened to your feedback and have made some great system enhancements. You can now upload documentation and [...]
Natwest: Our position on GDPR
As the new General Data Protection Regulation (GDPR) comes into effect on 25th May 2018, we are writing generally to confirm our position. We have reviewed our complete process in terms of how we intend [...]
Bluestone Mortgages: Specialist is our speciality
Specialist lender, Bluestone Mortgages, has made changes across its buy-to-let mortgage range, including the introduction of interest-only products aimed at customers looking for reduced monthly servicing costs. Interest-only buy-to-let mortgages will be available for customers [...]
Later Life Planning Update – April 2018
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. [...]
Enterprise: £291 reduction in outgoings with a Second Charge mortgage… in just 6 days
Second Charge mortgages can offer the ideal alternative to a remortgage, further advance or unsecured loans if these don't suit your clients. Which is why they can be really useful for your everyday clients, who [...]
Weekly Mortgage Update – 20th April 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: Natwest release their [...]
Dudley BS: Great news
Our unique lending proposition focuses on using a common sense approach in order to meet the demands of those customers who do not meet the requirements of larger high street lenders. In 2015 the Society [...]
The Right Will: Are you fulfilling your duty of care to your clients?
Many of us will care for, or know someone who is caring for, a person with Alzheimer’s or dementia and the sad reality is that ¼ of us will require care at some point in [...]
Hodge Lifetime: New fixed rate retirement mortgage
Good news! We're adding to our popular 5 year fixed rate Retirement Mortgage Introducing the 2 year, fixed rate Retirement Mortgage from Hodge with a rate of 3.45%. About the Retirement Mortgage Our popular hybrid [...]
Ipswich Building Society: Get wiser with your older clients
We know the mortgage market has changed over the last decade. First time buyers are two years older at an average of 33, we’re seeing the end of tax relief for buy to lets and [...]
L&G Home finance: New Optional Payment Lifetime Mortgage
With our Optional Payment Lifetime Mortgage, your customers can choose to pay some, or all, of the monthly interest by Direct Debit. They can also stop making monthly interest payments at any time and convert [...]
Marsden: Tell us what you think
Can we grab just two minutes of your time? We want to you to tell us what you think about Older Borrowers and the support that you get from lenders like us for your [...]
More2Life: Rate reductions
The rates on both our Capital Choice and Capital Choice Plus products are decreasing, effective Thursday 12/04/2018. For more information please click on the product sheets below. Capital Choice Plus Capital [...]
LV=: Increase in Equity Release customers using money to clear debts
New LV= figures show that home and garden improvements continue to be the main reason why customers release equity from their homes, accounting for three out of ten (31%) loans in 2017. In fact, since [...]
Pure Retirement: Spring Webinars
You are invited to our Free Webinars! Are you new to the equity release market or want an insight into the latest updates in the industry? Join our educational webinars, completely free of charge with [...]
Chorley BS: recognises the lending needs of older borrowers
Chorley Building Society offers a common-sense approach to mortgage lending, with direct access to experienced underwriters who assess each case individually. This flexible approach will consider your customer’s personal circumstances, where automated credit scoring systems [...]
Just: The lite answer for improving your client’s lifestyle
Shine a light on Just’s Lump Sum Lite Lifetime Mortgage With Just's Lump Sum Lite Lifetime Mortgage, you can help clients cover their financial needs. And with market demand for equity release growing to £3bn [...]
Weekly Mortgage Update – 13th April 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: Changes to Natwest's mortgage [...]
Platform enters Buy to Let Market
With effect from Monday 9th April 2018 Platform will participate in the UK Government's Help to Buy Shared Equity schemes in England (including London) and Wales for mainstream purchase applications. Platform is unable [...]
Barclays: Residential and Buy to Let product changes
The cost of funds have steadily increased over recent weeks and as a result, we have seen a number of our competitors increase their rates. We have held our products during this period, but we [...]
Vida Homeloans: making Buy-to-Let portfolios more affordable
As a mortgage intermediary with BTL clients, you will know the benefit of dealing with specialist lenders when it comes to the more complex areas of the market. With Vida Homeloans, Rental stressing will only [...]
Accord Mortgages: New range of residential discounted SVR deals
Accord have launched a range of discounted SVR products, including the market leading discounted rate of 0.97%. New Residential Products We’re launching 7 new discounted SVR 2 year products across all our LTVs: [...]
Bluestone: BTL Product Changes
Bluestone will be making exciting changes to our Buy-to-Let products tomorrow. The key changes are:- Introduction of Interest Only on Clear & AAA products. The ICR for basic rate taxpayers will be 125%, and 140% [...]
The Mortgage Works: We’re improving our maximum age policy for Experienced Landlords
It's our mission to continually make improvements for you and your clients, which is why from Wednesday 18 April, we're removing maximum age limits for experienced landlord applications up to 65% LTV. This will support your [...]
Marsden: “Picture this…” a lender with solutions for First Time Buyers
Steve Robinson, Head of Lending for Marsden Building Society said, “During 2017, we started to see an increased first time buyer appetite and this is continuing into 2018 . Last year, around 15% of [...]
Santander: Changes to our mortgage range
From Thursday 12 April 2018 we’re increasing selected fixed rate products.
Crystal Specialist Finance named Commercial Finance Specialist Distributor of the Year at BMF Awards 2018
Crystal Specialist Finance (CSF) has won one of the most prestigious categories at the professional finance industry’s leading annual awards, collecting Business Moneyfacts’ Commercial Finance Specialist Distributor of the Year 2018. Hosted by TV [...]
Enterprise: Are your clients struggling with Buy-to-Let borrowing?
Did you know you could help them with competitive, fast and flexible access to BTL mortgages (purchase or remortgages) with 2-year fixed rates reduced from 3.69% to 3.39%. Depending on their tax bracket, rental cover is available between 125% [...]
Natwest: changes to our mortgage range
We made some changes to our mortgage range on Wednesday 11th April. You can download a PDF of the updated range for New customers here and for Existing customers here for a summary [...]
Clydesdale Bank: new product launch: our lowest ever rate at 0.99%
We have launched a new product - our lowest ever rate at 0.99% The product details are: 2 year discounted SVR (SVR minus 3.96%) with an initial rate of 0.99% Arrangement fee£1,449. MaxLTV 60% Available for loan sizes [...]
Introducing Leek United Building Society
Leek United Building Society offer the following later life proposition: No upper age limit (each case assessed on its own merits); Interest only available- with flexible repayment options (can do part and part, overpay, and [...]
Virgin Money have improved their lending policy
Virgin Money are always looking for ways to make it easier to do business with them, and so they’re pleased to announce some improvements to their lending policy. Please take a look at how they [...]
Fleet Mortgages: Shared Accommodation
To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk
Santander: Introducer Internet update for GDPR
The General Data Protection Regulation (GDPR) comes into effect on Friday 25 May 2018. In readiness for GDPR we’re making the following changes in Introducer Internet from Monday 16 April 2018: Updated advisor, administrator and [...]
Paragon: new limited edition cashback products
Limited edition buy-to-let portfolio products with a free valuation and cashback Single self-contained units 3.40% 2 YEAR FIXED 75% LTV NIL product fee Free mortgage valuation £250 cashback* £150 application fee View product [...]
Weekly Mortgage Update – 6th April 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: Together explain how [...]
Vida widens Buy to Let Expat criteria for selected distributors
Vida has widened its Buy to Let Expat criteria for a limited number of distributors, to cater for existing UK property owners working in FATF member countries around the world. Available up to 65% LTV [...]
Santander: Changes to our mortgage range
On Thursday 5 April 2018 we increased selected first time buyer (FTB) exclusive fixed rate products. Residential - FTB exclusive fixed rate increases Find out more
Fleet Mortgages: See How Much Your Client Could Borrow
See how much your client could borrow with our Standard Pay Rate product, fixed until 31/05/2023. To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk
3MC: New Near Prime Residential Exclusives Launched – Kent Reliance
We are pleased to announce the launch of new Residential Near Prime Packager Exclusives from Kent Reliance. The near prime products are available up to 90% Loan to Value for remortgages, purchases and first time buyers. There [...]
Virgin Money accept Personal Income for buy-to-let
To help more of your clients get the loan amount they need Virgin Money allow clients to include personal income in the affordability test*. The rental income must cover 125% of the mortgage interest payment, [...]
Together: £1.5m loan helped transform self-employed businessman’s home
Complex income, flexible approach We know that customers, especially those who are self-employed, can have complex income sources. So whether it’s irregular payments, short term contracts or multiple sources of income such as bonuses [...]
Crystal Specialist Finance: Data privacy law is changing, are you compliant?
Changes to data protection rules will have major implications for your business The General Data Protection Regulation (GDPR) is set to replace the Data Protection Act 1998 (DPA), marking the biggest overhaul to data [...]
Clydesdale Bank: First Time Buyer Mortgages
When placing clients that are buying their first home, it's not just a great rate that you're looking for. We understand the pride of owning your first home and standing on your own two feet, [...]
Weekly Mortgage Update – 30th March 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: Five ways Precise [...]
Crystal: Earn CPD points at our specialist lending workshops
Following on from the success of our educational events in 2017, we’re pleased to continue our quest in educating brokers with even more professional development opportunities than ever before! Choose from a range of [...]
TFC Homeloans: Specialist lending round table events
TFC has combined its events to cover considerably more of the UK and is pleased to be hosting a series of round tables with the first one taking place on 19th April. Working with our [...]
Enterprise: Do you love trying new things?
New experiences are fun, right? But, a little scary – especially when it’s on behalf of your clients. It’s normal to be cautious of the unknown, and many intermediaries have told us that not having [...]
State Bank Of India: Edo system issues
We are currently having an issues with the our DIP system where the underwriters are not being notified of any DIPs being submitted, this is currently being looked into. In the meantime, please email sabiha.moghal.sbiuk@statebank.com directly [...]
Vida Homeloans: Vida gets specialist Buy to Let cases off your desk
As a mortgage intermediary with BTL clients, you will know that it pays to deal with specialist lenders when it comes to the more complex areas of the market. Award-winning lender Vida Homeloans is the [...]
Santander: Yes, it’s true…Buy to Let
Here’s a reminder of some of the recent Buy to Let improvements we’ve made for you and your clients We offer a flexible approach to our affordability: 50% affordability rate for 5 year fixed rates [...]
Fleet Mortgages: The Logical Choice for your Portfolio Landlords
To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk
Mortgage Works: End dates extension
We're just letting you know that from Wednesday 28 March, we'll be extending the end dates across all Existing Customer switcher products. Existing Customer Switcher guide
The Tipton: New Intermediary Fixed Rates
New Purchase Products FE092 2.14% fixed until 31 July 2020 – Max 90% LTV - £999 Arrangement Fee FE093 2.44% fixed until 31 July 2021 – Max 90% LTV – £999 Arrangement Fee These replace [...]
Precise Mortgages: Five ways we’ve made it even easier to place your case with us
We’re always thinking of how to make it as easy as possible for you to do business with us. Here are just some of the recent innovations we’ve introduced to help you place your cases. [...]
Virgin Money: Payment holidays for landlords
Virgin Money allow customers including landlords to apply for one month payment holiday for every 9 consecutive months mortgage payments. The payment holidays can be accumulated up to a maximum of 3 months, once 27 [...]
Accord Mortgages: Product Transfer online offers
Product Transfer offers at the click of a button We know it makes life so much easier when you can get what you need at the click of a button. That’s why we’re really pleased [...]
Accord Mortgages: Launching 32 new BTL deals
Today (Friday 23rd March) we’re making the following changes to our BTL product range: New BTL products - We’re launching 32 new products across all LTV tiers and product terms. BTL rates going up - We’re increasing [...]
Vida Homeloans: First Time Buyers are rapidly becoming the new ‘Special Customer’ – for life
With some First Time Buyer customers unable secure a high street mortgage for various reasons, there is an opportunity for you to help guide them into home ownership and build a relationship to keep them [...]
Hinckley & Rugby BS: Product range changes
We’ve made some amendments to our product range. These changes went live today (Friday 23rd March 2018) Old product code RVF59 – Fee Free 2 Year fixed rate – initial rate 2.14%. NEW product details [...]
Clydesdale: Buy to Let rate reductions
Live now and for a limited time only, we have reduced a number of BTL rates by up to 0.40%. We have also withdrawn our BTL 2 year fixed to 60% LTV but the great [...]
Together Money: Hard working mortgages for the self-employed
As one of the UK’s leading specialist lenders, we’ve been bringing common sense to lending for over 40 years. That means looking beyond high street lending criteria to consider customer needs and circumstances individually. So, [...]
Ipswich BS: Buy to let including expat
Following recent changes to our buy to let criteria here are three things you should know about our buy to let mortgage products: Up to 80% LTV and £500k – we’ve increased our maximum loan [...]
The Mortgage Works: Reintroducing 80% LTV fixed rate products
We're reintroducing new 2 and 5 year fixed rate products at 80% LTV, with rates starting from 2.99%. Our 80% LTV options are designed to help landlords with smaller deposits and provide extra choice for expanding [...]
Santander: Yes it’s true… Recent improvements
Here’s a reminder of some of the recent improvements we’ve made for you and your clients Amount of secondary income we use increased to 65% for residential mortgages meaning some of your clients could [...]
Fleet Mortgages: See How Much Your Client Could Borrow
See how much your client could borrow with our Standard Pay Rate product, fixed until 31/05/2023. To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Virgin Money: New intermediary twitter page
News at your fingertips To make doing business with Virgin Money even better, we’ve launched a new Twitter page dedicated to our intermediary partners. We'll be sharing the latest Virgin Money mortgage news and activity, [...]
Nationwide: Selected changes to fixed and tracker rates
we've increased selected 2, 3, 5 and 10 year fixed rates, and selected Equity Share rates. Alongside this, we're reducing 2 year tracker rates at 60% LTV. Fixed rate changes 2 year fixed rates up [...]
Barclays: Residential product changes
Please be advised that we have made some tweaks to a small selection of Residential products Key change Highlights: Residential Purchase and Remortgage 1.85% 5 Year Fixed, 60 % LTV with £999 fee, Min Loan [...]
Marsden: Demand for First Time Buyers is at an all-time high in 2018
2018 is set to flourish with first time buyers and the demand for competitive products from intermediaries and their clients is on the increase. Marsden's recent product launch has seen a rate reduction across our [...]
Build Loan: 2018 roadshows
Right to Build is a BIG deal for you and your clients. Learn how you can maximise this opportunity and support your client’s wishing to build or commission their own homes with a free ‘Right [...]
Enterprise: Specialist lending webinars in partnership with the Society of Mortgage Professionals
In a flattening property market, with increased buy-to-let regulation, rising interest rates and rising unsecured consumer indebtedness, it can be a challenge to find new business as a broker. However, this environment can create niche [...]
Weekly Mortgage Update – 23rd March 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: Enterprise launch specialist [...]
Principality: Increased maximum loan size for 80-85% LTV mortgage products
We would like to inform you that we have increased our maximum loan size from £350,000 to £500,000 on 80-85% LTV mortgage products with immediate effect, in response to your feedback. "We have been receiving [...]
Clydesdale Bank: New Product Launch
We are pleased to announce we have added 3 new buy to let products at 80% LTV available only on a full capital and interest basis. Product Rate Arrangement Fee 2 year fixed to 80% [...]
Enterprise: Bridging the opportunity gap
How to recognise opportunities for Bridging Loans Intermediaries often tell us they struggle with identifying opportunities for specialist finance needs. But, actually the ‘special’ in specialist may be a little misleading. Why? Well, specialist [...]
Vida Homeloans: Launces new premier range
Vida has launched its new ‘Vida Premier’ range of residential and buy to let mortgages. Rates start at 2.79% (up to 70% LTV) for residential business and 2.89% (up to 70% LTV) for buy to [...]
Barclays: New and Reduced Residential Products
We are delighted to confirm we have made a number of positive changes to our Residential product range(s) with new products launched. These changes include launching three new fee free high LTV cash back fixed [...]
Virgin Money: Simple BTL Affordability Calculator
To keep things simple, Virgin Money have one BTL affordability calculator so you can check the loan amount they’d offer your client. Continue to declare all of your client’s credit commitments and their calculator will [...]
The Hanley: Welcome to Hanley Economic
Hanley Economic is a regional building society based in Stoke on Trent with 7 of our own branches located throughout North Staffordshire. We are not postcode restricted and lend throughout England and Wales. We have [...]
Stafford Railway BS: Launches 3 Year Discounted Remortgage Product at 1.95 per cent
95 per cent after the discount 25 per cent off Society's current variable rate for three years No arrangement fees. Available via intermediaries and direct. Current SVR is 3.2 per cent Stafford Railway Building [...]
Together Money: Hard working mortgages for the self employed
As one of the UK’s leading specialist lenders, we’ve been bringing common sense to lending for over 40 years. That means looking beyond high street lending criteria to consider customer needs and circumstances individually. So, [...]
The Mortgage Works: Rental income analysis report
Did you know that according to the latest results from BDRC Continental's Landlord Panel survey, the average gross rental income earned in the last 12 months is £58,000, down by £1,000 since Q3? Each quarter [...]
NatWest: Introduce new offer extension period for new build properties
NatWest has launched an offer extension to our Intermediary New Build proposition. For customers arranging their mortgage through an Intermediary we will allow brokers to request an extension to an existing mortgage offer, at any [...]
The Coventry: Important information on new EPC rules
From 1 April, the rules on EPC ratings are changing so it’s important that you and your BTL clients know in advance how it will affect you. What's changing? It will be against the [...]
Fleet Mortgages: Houses with multiple occupation
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Precise Mortgages: Buy to let product range refresh
We have refreshed our Buy to let range. All old Buy to Let products (including exclusives) have been withdrawn and replaced with this update. This is a minor update that is intended to ensure that [...]
Weekly Mortgage Update – 16th March 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: The Coventry release [...]
Enterprise: Why are intermediaries working with us?
It's a good question. But easy for us to answer. The harder question might be, why are you not working with us – especially this month? In our intermediary network updates last week, we [...]
Vida Homeloans: Major relaunch of products
We have significantly improved our criteria as a result of broker feedback. Here are the highlights: 90% LTV for First Time Buyers 100% of Discounted Purchase Price for Right To Buyers Larger Loan and Portfolio [...]
The Mortgage Lender: Fee changes
We have changed out fee on TML2, reducing it by £100 to £1,195. For more information click on the button below. New product guide
State Bank of India: Offer competitive interest rates
State Bank of India are offering competitive interest rates on its Buy to Let propositions. Individual rates start from 2.09% whilst rates for SPV applications start from as little as 2.79% USP’s for the client [...]
Buckingham BS: Product replacement
We have replaced the following products. To find out more information about the new products please click on the product name. BL35 with BL43 BL37 with BL44 BL36 with BL45 BL31 with BL46 Please note [...]
L&G: Breakfast Meeting with Bucks BS
Breakfast in London with Bucks Bucks Building Society would like to invite you to join them for breakfast to meet their CEO. When: Tuesday 13 March - 09:30-11:30 Where: Legal & General Offices, One Coleman [...]
Marsden: Not all heroes wear capes
Vote for the Marsden in the Financial Reporter Awards We may only be small, but we are mighty and we need your help! We’ve been championing Later Life Lending since 2015 and want to [...]
Accord Mortgages: Important changes to our residential product range
We’ve made the following changes to our residential product range Residential rates going up We’re increasing all fixed rate products at 75%, 80% and 85% LTV by 0.20% Residential deals not changing All products at [...]
Clydesdale Bank: Website enhancements
Good news! We have made some changes to our intermediary website to help you navigate and locate information more easily. What's changing? We’ve made some improvements to our website which are all designed to make [...]
3MC: Currently in a DMP with rates from 2.38%
Below we have highlighted 8 residential lenders that will consider clients who are currently in a Debt Management Plan (DMP) . Rates start from 2.38% with one lender considering up to 90% Loan to Value. Pepper Money is the newest [...]
Digital Mortgages: How the app benefits you
Our Atom bank app can help keep your customers happy, boost your relationship with them and make your life easier. Our latest blog from Cassie Stephenson, Intermediary Support Manager, reveals how. Read Cassie's blog [...]
British Friendly: Watch our latest case study
This is the inspiring story of Steve. Not only is it a powerful reminder of the importance of income protection insurance it also shows the difference it can make if you choose an insurer who [...]
Principality: Ability to extend New build offers for extra 6 months
New build offers can now be extended for up to an additional 6 months We would like to inform you that we can now consider extending our New Build offers for a further 6 months, [...]
Barclays: Improved lending policy
We’re happy to tell you about some positive changes that we made it easier for you and your clients to work with us. We're Removing both the £10k minimum annual bonus threshold and the annual [...]
Santander: Yes, it’s true – case tracking
You can access case tracking (MATS) directly from Introducer Internet All in one place! You can track all your cases, upload documents and send us notes on your case. Later this year You'll no longer be [...]
Nationwide: Watch our first quarterly economic update video from Robert Gardner
Watch our very first quarterly update where Robert Gardner, Nationwide's Chief Economist, talks about the outlook for the UK economy, housing market and house prices. We look forward to sharing these updates with you throughout the year. Watch now [...]
Weekly Mortgage Update – 09th March 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: Enterprise explain why [...]
Uinsure: Fight back against Underinsurance
Fight back against Underinsurance This month, we've turned our attentions to raising awareness of just how dangerous Underinsurance is - as part of our #QualityMattersMost campaign. After the fantastic response rate to last month's Keys to Success [...]
Enterprise: Your clients’ two-year anniversary
March 2018 marks the 2-year anniversary of the huge spike in Buy-to-Let purchases ahead of the Stamp Duty surcharge. You’ll likely remember how busy it was this time two years ago. Bidding to avoid the [...]
TFC Homeloans: More specialist lending events
TFC has started a yearlong series of events designed to improve brokers learning within the specialist lending market. We are covering a host of topics across the country including: Bridging Finance Challenges in the buy-to-let [...]
Virgin Money: Red Hot with Personal Income for BTL
To help more of your clients get the loan amount they need, Virgin Money have increased the flexibility of their buy-to-let underwriting. That’s they we allow clients to include personal income in the affordability test. [...]
The Mortgage Works: Selected rate changes and end dates extension
We have increased selected 2 and 5 year fixed rate products by 0.05%. We'll also be extending the end dates across all New Business products. Summary of changes Selected 2 year fixed rates at 65% LTV [...]
Marsden: New product launch
Refreshed product portfolios for First Time Buyers and Older Borrowers This week, our new product portfolios hit the market introducing 25 new products across our Older Borrower and Residential portfolios. On average, you'll find [...]
Buildloan: Right to build legislation will increase homebuilding enquiries
With 'Right to Build' Legislation now in force in England, you will undoubtedly be approached by an increasing number of customers keen to create a quality home that's been designed to suit their individual lifestyle. [...]
Vidahome loans: Mortgages For Flats Above Commercial Premises
Looking to place a case for a flat above a commercial premises? Vida Homeloans can look at flats above a commercial premises up to 75% LTV for both residential and buy to let. Vida will [...]
Fleet Mortgages: Rental Calculations from 125% at 5%
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Accord: make the most of it
Do you have an Accord customer with a mortgage maturing? We’ve recently revamped our maturity mailing program because customers often need more than one reminder to look for a new product. So, customers with an [...]
Aldermore: Self-employed Research
According to new research from Aldermore, almost three in 10 (29%) British workers, the equivalent of nine million people, plan to make the ambitious move to become self-employed in the future. Making the transition to [...]
Nationwide: Updating our mortgage maturity letters to reference brokers
From March, when we write to members 12 weeks before their current mortgage deal ends, we'll be including the option of contacting a broker for advice. This will make it clear to our members who used a broker [...]
Paragon: Important changes
At Paragon, we're constantly reviewing the market and have introduced some important changes to our products and services. What's new? We have reintroduced our valuation fees and an application fee of £150 on all products [...]
The Coventry: We’re supporting you and your BTL clients
We’ve been focusing on BTL maturities and this week Godiva Mortgages has been awarded best in class in Mortgage Strategy’s first-ever lending survey focused on buy-to-let. The survey named us best for service, products, [...]
Santander: Changes to our mortgage range
We have launched new first time buyer exclusives and reducing selected tracker rates as well as increasing our rates and fees on selected fixed rates. NEW! First time buyer exclusives Homebuyer Solution Term Rate Fee LTV [...]
Kent Reliance: Improvements to our Buy to Let Affordability assessment
Our Buy to Let interest coverage ratio (ICR) applicable to both Standard and Specialist property types is being simplified, with some also being reduced. In addition, ICR calculations will no longer depend on the number [...]
Clydesdale Bank: Right at home with large loans
We know that when it comes to mortgages, it’s not one size fits all. At Clydesdale Bank, we’ve a solid understanding of the challenges facing introducers who have clients with non-standard forms of income, or [...]
Weekly Mortgage Update – 02nd March 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: Kent Reliance make [...]
Santander: Buy to let remortgages
Yes, it’s true…Buy to Let remortgage BIG Buy to Let remortgage opportunity in 2018! Get talking to the clients you helped two years ago before the stamp duty changes in April 2016 Flexible approach to [...]
The Mortgage Works: Our latest tenant demand report
Our Q4 2017 Tenant Demand Report follows on from the recently shared Buy to Let Barometer, with content also taken from BDRC Continental's latest Landlord Panel research. It details the extent to which landlords perceive [...]
Enterprise: We’re working with intermediaries to solve complex client cases
Day in, day out, we’re working with intermediaries to solve complex client cases You may know Enterprise Finance for Second Charge Mortgages – but we’re here to help your clients with more than that. In [...]
Fleet Mortgages: The Logical Choice for your Portfolio Landlords
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Aldermore: reduces rates across high LTV and help to buy ranges
Aldermore has reduced rates on its High Loan to Value range by up to 0.5% and removed its remortgage application fee. They have also introduced a new five year fixed rate mortgage with no product [...]
Marsden: Picture this, a lender with interest only lending solutions for the retired
Our Older Borrower range offers solutions for clients over the age of 55 to borrow in or into retirement. Our intermediary support team are on hand to discuss any questions you may have about our [...]
Clydesdale Bank: First Time Buyer Products up to 95% LTV
When placing clients that are buying their first home, it’s not just a great rate that you’re looking for. We understand the pride of owning your first home, so we don’t ask for family savings [...]
Principality: Take five
At Principality, we value the relationships we have with our brokers. And that’s why, we’ve made five promises that you can trust us to keep. Based on your feedback about what’s important to you, our [...]
Accord Mortgages: BTL product withdrawal
Due to unprecedented application volumes in recent weeks, we’ve withdrawn 26 BTL products. 20 x 2 year deals 3 x 3 year deals 3 x 5 year products The remaining 38 BTL products will remain [...]
The Mortgage Lender: Product changes
We are pleased to announce the launch of our new product range. In response to direct feedback, our new range will provide greater certainty allowing you to easily identify the product an applicant will qualify [...]
Crystal Finance: Top 20 Reasons to use Crystal Specialist Finance
We have put together a list of top 20 reasons to call us: Tight completion deadlines Land and development finance Adverse credit / low credit score Portflios HMO All income sources considered Overseas borrower / [...]
Virgin Money: We love to listen
We love it when you’re honest with us. Without your feedback, we’d be working in the dark. And in the first 12 months our rating and review service has been live, you’ve given us an [...]
Vida Homeloans: GDPR, a few tips for brokers
We have put together a few of our thoughts on GDPR and how it will affect mortgage intermediaries in the Q&A below. How is your business preparing for GDPR? Vida Homeloans has a GDPR implementation [...]
NatWest: withdraw residential products from semi-exclusive range
On Wednesday the 21st February , NatWest will be withdrawing all residential products from our semi-exclusive range. Having reviewed our product portfolio in line with the prevailing market conditions, we are withdrawing our residential exclusive [...]
Weekly Mortgage Update – 23rd February 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: NatWest withdraw residental [...]
Buckinghamshire BS: Repriced mortgage product
We have closed our buy to let product BL32 and replacing it with the below BL40. See our BL40 buy to let product range
Fleet Mortgages: The Logical Choice for your Portfolio Landlords: Clients looking to remortgage?
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Marsden: Will you be our valentine this year?
We really do love lending to Older Borrowers… When it comes to clients over the age of 55, they can often find borrowing more difficult the older they get. As we approach Valentine’s Day [...]
Barclays: New and Reduced Residential and Buy to Let Products
We are pleased to confirm we have made a number of positive changes to both our Residential and Buy to Let product range(s). New products Introducing a 1.50% 2 Year Fixed, £999 product fee, available up [...]
Vida Homeloans: Fly around the World with Vida Homeloans
Vida Homeloans has teamed up with Jet Masterclass to offer our registered intermediaries the chance to win an exclusive experience on a Boeing B737-800 Flight Training Simulator, an opportunity not open to the public. Winners [...]
TFC Homeloans: Adds more specialist lending events
TFC has started a yearlong series of events designed to improve brokers learning within the specialist lending market. We are covering a host of topics across the country including: Bridging Finance Challenges in the buy-to-let [...]
Clydesdale Bank: launch new FTB product
We’ve added a 5 year fixed rate to our range of First Time Buyer products. First Time Buyer 5 year fixed to 95% LTV Available to first time buyers only, the product is a 5 [...]
Santander: Buy to let
Yes, it’s true…Buy to Let Our Buy to Let calculator quickly tells you how much your client could borrow Minimum income of £25,000 for all applications All income types accepted (excluding rental income) No [...]
Accord Mortgages: BTL product withdrawal
We have withdrawn two BTL 60% LTV remortgage deals. 500672 – 2.27% 5 year fixed rate, free valuation, paid legal fees & £500 cashback 102267 – 2.27% 5 year fixed rate, free valuation & [...]
Virgin Money: Committed to BTL
Virgin Money are Committed to BTL Virgin Money offer Buy-to-Let loans, including Consumer Buy-to-Let, for properties that are occupied under a rental agreement and where there is no intention for the borrower or their [...]
Nationwide: Rate changes
We're increasing our 2 year fixed rates at 60% LTV by 0.05%. 2 Year fixed rate changes 2 year fixed rates at 60% LTV with a £999 and £0 fee increased by 0.05% to 1.39% [...]
Enterprise: If we haven’t met yet, why not?
If we haven’t met yet, why not? Here at Enterprise Finance, we take pride in building real relationships with intermediaries, so you have access to a dedicated, field-based contact no matter where you are in [...]
The Mortgage Works: Introduce new products & rate changes
Introducing our lowest ever 5 year fixed rate at 1.99% We have reduced selected 5 year fixed rates at 50% LTV by 0.15%. And we're introducing 50% LTV, 2 and 5 year fixed rate products, including our [...]
The Tipton: New Intermediary Fixed Rates
We are delighted to advise we have launched a new range of semi-exclusive fixed rates. NEW FIXED RATES (2 Year, 3 year and 5 year products) New Purchase Products FE082 2.49% fixed until 30 [...]
Weekly Mortgage Update – 16th February 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: Principality announce updates [...]
Later Life Planning Update – February 2018
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. [...]
The Right Will: Low cost Will writing software
Increase your earning potential with our simple to use software Fantastic income generator £170 per mirror Will £1,000 for Lasting Powers of Attorney for a couple Simple to use Write a Will in minutes in your [...]
Masthaven: Mortgages that open different doors
Just like houses our Mortgages come in a range of styles and sizes to suit individual circumstances. Download our first charge mortgage guide Download our second charge mortgage guide Take [...]
Enterprise – Let us help you build bridges, not barriers
We recognise there’s little better than Bridging Finance when your clients need fast or highly-flexible finance. From landlords snapping up properties and making conversions, to small property developers funding renovations for resale - bridging can be [...]
Clydesdale Bank – rate reductions
Great news, the following rates have reduced. What's changed? Product Old Rate New Rate 2 year fixed to 95% LTV (first time buyer) 3.99% 3.49% 3 year fixed to 90% LTV (first time buyer) 2.69% [...]
Leeds BS – launched a new product range for high LTV residential and Help to Buy with cashback
We are pleased to announce we have launched a new product range for high LTV residential and Help to Buy with cashback. Residential – 2 year fixed 1.99% fee saver 2 year fixed rate available [...]
Precise Mortgages – Launch new products
We are pleased to announce that we have launched Tier 2 HMO, re-launching the specialist BTL remortgage products and launching a fantastic new set of limited edition 2 year fixed remortgage only products. Precise Mortgages – [...]
Nationwide – Unexpected pickup in annual price growth in January
Annual house price growth accelerates to 3.2% Month-on-month pace of increase steady at 0.6% Download our January HPI report
Fleet Mortgages – The logical choice for Fleet Mortgages around portfolio landlords
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Coventry – Product updates
Closing products Residential and Offset Up to 65% LTV Over 65% LTV Buy to Let Up to 65% LTV Over 65% LTV (no change) [...]
Digital Mortgages – Rate changes
We’re re-introducing two year purchase and remortgage products. Your customers could snap up a two year fixed rate mortgage with no product fee at 1.49% and just 1.39% with a product fee. PLUS we’re cutting [...]
Marsden: Fixed solutions for older borrower mortgage prisoners
Earlier this month we supported the 'bail' for your older borrower prisoners who are being turned away from other lenders because of their age. We have a tailored product range for Older Borrowers that will help [...]
Vida Homeloans – Growth in specialist lending drives recruitment
Growth in specialist lending drives recruitment We’re expanding our UK key account management team, recruiting 3 new roles and promoting 3 senior sales people as part of our 2018 distribution strategy. With increased interest in [...]
Virgin Money – Simple BTL Affordability Calculator
To keep things simple, Virgin Money have one BTL affordability calculator so you can check the loan amount we’d offer your client. Continue to declare all of your client’s credit commitments and our calculator will [...]
Buckinghamshire BS – Hold L&G breakfast meeting
Buckinghamshire BS and L&G Breakfast Meeting , 2 hour event from 9.30am - 13th March at Colemen Street EC2R 2 HOUR EVENT CPD CERTIFICATES AVAILABLE The Buckinghamshire would be delighted if you and your [...]
Santander – pound for pound buy to let remortgage
In the know…£ for £ Buy to Let remortgage 125% minimum rental cover at 5.00% affordability rate OR… 4.50% affordability rate for 5 year fixed rates (meets eligibility criteria for transitional arrangement) Minimum income of [...]
Weekly Mortgage Update – 09th February 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: Precise Mortgages are [...]
Vida Homeloans: First time buyer transactions are increasing
First Time Buyer transactions are increasing… First Time Buyer numbers have grown 15% year-on-year, with FTBs rapidly becoming the new ‘Special Customer’ – for life! Vida’s Director of Sales – Mortgages, Louisa Sedgwick, has suggested [...]
3MC: New residential & BTL Exclusives
We have 13 different packager exclusive products available for both Residential and Buy to Let products. The available products include the following criteria:- 90% LTV with communication Defaults within the last 12 months 85% LTV with DMP's [...]
Virgin Money: We are red hot with personal income for BTL
To help more of your clients get the loan amount they need, we’ve increased the flexibility of our buy-to-let underwriting. That’s why we allow clients to include personal income in the affordability test. The rental [...]
Principality: Retention Procuration Fees
Retention Procuration Fees Don’t forget we are paying a retention procuration fee of 0.20% to intermediaries for recommending a product transfer for both residential and buy to let. We've completed a successful pilot with London & Country to [...]
Accord Mortgages: Reducing ICR for straight switch remortgages
Accord Mortgages interest coverage ratio (ICR) is now 125% on 2 & 3 year fixed rate deals for ‘straight switch’ remortgaging landlords. On Wednesday, 31 January Accord are reducing their minimum rental cover requirements for [...]
Weekly Mortgage Update – 02nd February 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: Virgin Money are [...]
Fleet Mortgages: The Logical Choice for your Portfolio Landlords
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
The Mortgage Works: Stop and think what it takes to prevent fraud
Take Five is a national awareness campaign that offers advice to help consumers prevent financial fraud. This includes email deception and phone-based scams, as well as online fraud - particularly where criminals impersonate trusted organisations. What can [...]
Marsden: First time buyers in 2018
Higher demand, more fixed rates and new products We're only 4 weeks into 2018 but the demand from first time buyers is already on the rise and more of our intermediaries are looking for [...]
NatWest: Introduce rate changes and transitional arrangements
We are making some changes to our mortgage range. Download the summary of changes for new customers here Download the summary of changes for existing customers here Transitional arrangements You’ll be able to [...]
Buckinghamshire BS: Launch new online broker portal
The launch of Buckinghamshire Building Society’s Broker Online system is an important step in their commitment to building a strong intermediary business and delivering an excellent service. Tim Vigeon Head of Lending “After testing the [...]
Santander: In the know about product transfers
In the know…Product transfers It’s quick and easy to transfer your client’s existing Santander mortgage using our online mortgage transfer service You will need your client’s permission to sign on using the following personal details: [...]
Nationwide: Selected rate changes
We're increasing 60% LTV 5 year fixed and tracker rates by 0.10%. We're also increasing selected 2 year fixed and tracker rates across our Equity Share product range. 5 year fixed rate increases 5 year fixed rates [...]
Virgin Money: We can help with your new build customers
Virgin Money regularly review their approach to new build to develop their proposition. Some of the new developments they have recently launched include: Improving the way they calculate affordability so that they can offer more [...]
Vida Homeloans: 2017 what a year
Since our launch just over one year ago, Vida Homeloans has come a long way and built solid foundations for future expansion into becoming a multi-billion pound specialist mortgage lender. Vida is 100% committed to [...]
The Tipton: New intermediary fixed rates
We are delighted to advise we have cut our semi-exclusive fixed rates. Changes are summarised below. New fixed rates New Purchase Products FE079 2.68% Fixed Rate until 31 Mar 2020 – Max 90% LTV [...]
Buckinghamshire BS: New first time buyer products
We have closed our existing first time buyer products – DF04 and FF04, and have launched 3 new products in this area, product information is below FTB Fixed 3 year product leaflet [...]
Fleet Mortgages: Simple Rental Calculations
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Santander: Selected rate reductions
Selected rate reductions to our fixed rate products Great news! We have made some improvements to selected Buy to Let, Residential, Help to Buy: equity loan and New Build fixed deals. Buy to Let [...]
Principality: We’re making some changes to our mortgage range
We would like to inform you that we are making some changes to our mortgage range. Residential mortgage range changes: Product code 11422 - 2 year residential, 90% LTV fixed rate will increase by 0.20%. [...]
Enterprise: Don’t duck your taxes
As HMRC’s duck-themed ads have been telling us, the longer tax returns are put off, the more they peck away at you. But, with the unavoidable Self-Assessment deadline on the 31st January, you may find [...]
Marsden: Ageing mortgage prisoners
CHARGE: Getting Older As your clients approach arguably "the better years" there are many that find themselves turned away from existing lenders on the basis that they're over the age of 55 and are [...]
Coventry: tell us how to keep in touch
As an integral part of our business we’re keen to understand how you would like us to communicate with you. We want to make sure we’re giving you information that you’d like to see, in [...]
One Family: 2-year Fixed Rate offer lets homeowners fix their repayments until 30th November 2020
This new product therefore is ideal for people who are generally happy with a variable rate but would prefer the stability of a fixed rate for budgeting purposes in the first couple of years – [...]
Weekly Mortgage Update – 26th January 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: One Family offer new [...]
One Family: New 2 year fixed rate offer
The new OneFamily 2-year Fixed Rate offer lets homeowners fix their repayments until 30th November 2020 This new product therefore is ideal for people who are generally happy with a variable rate but would [...]
Natwest: Launch new partnership BDM model
On Tuesday 16 January, NatWest Intermediary Solutions launched a new BDM model for the way it supports brokers. It will pair up a field BDM and phone BDM to work in partnership to give brokers [...]
Digital Mortgages: Mortgage rate changes
We’re introducing new three year purchase and remortgage products and we’re reducing the rates on our five year products. Please see a revised rate table with the new product rates and codes on our website [...]
The Tipton: Change to LTI calculation
Please be advised the maximum LTI calculation has been reduced from 5.00 to 4.50 – change applicable to salaries over £50,000 for both single and joint applicants. An updated product and criteria guide to reflect [...]
Marsden: Interest only mortgage prisoners
CHARGE: Requested extension of Interest Only Mortgage term Interest only mortgages… great for clients who are looking to keep their mortgage payments down with plans in the future to either downsize, transition to lifetime mortgages [...]
L&G: 2018 Mortgage club events programme
We wanted to let you know about our full 2018 events programme. All our scheduled events, including registration links (where applicable) can be found here. They are all free to attend and many have CPD hours [...]
Fleet Mortgages: Standard pay rate
If your client is looking to raise more capital, contact us. Our Standard Pay Rate (fixed until 31/03/2023) with a rental calc. of 135% at 3.89% can support a potential borrowing of £228,506 with [...]
Santander: In the know… Bank statements
Packaging tips! Don’t send bank statements unless we ask for them via Introducer Internet or MATS message Provide details of any unusual credits/debits and items such as life insurance, overdrafts and charges etc To support [...]
Crystal Specialist Finance: Reports record breaking 2017
Company issues terms of almost £2.5bn with all key performance indicators showing huge rises Crystal Specialist Finance (CSF) has reported a record breaking 2017 as the company continues its sharp upward growth trajectory with huge [...]
3MC: New specialist prime residential exclusives launched
We are pleased to announce the launch of new Specialist Prime Residential Exclusives with Precise Mortgages. The products are the lowest ever residential mortgage rates offered by Precise Mortgages with rates starting from 2.59%. To obtain [...]
Clydesdale Bank: Product Changes
We're making changes to some of our product rates which will be effective from Wednesday 17th January 2018. Products with rates increasing from Wednesday 17th January 2018: Product Current Rate New Rate 5 [...]
Principality: More choice with our Buy to Let and Holiday Let mortgages
We offer a range of fixed and discounted buy to let products for purchases and re-mortgages up to 75% LTV for properties across England and Wales. Service We're currently underwriting applications within 48 hours. Valuation instructed [...]
Virgin Money: We’re all set for buy to let
Looking to land a good deal for your landlords? We’re ready and set to go in 2018. Check out our buy-to-let highlights: Personal income accepted for rental shortfalls. Straight balance swap remortgages at a lower [...]
Weekly Mortgage Update – 19th January 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: Clydesdale Bank announce [...]
Family BS: Help your clients boost their finances
Don’t forget to consider the Family Building Society’s Retirement Lifestyle Booster mortgage as an alternative to Equity Release, for your clients who are mortgage free. How the Retirement Lifestyle Booster works Provides a fixed amount [...]
Ipswich BS: We think things should get better with age
At Ipswich Building Society, we think things should get better with age Older and retired borrowers continue to experience difficulty in the mortgage market, despite research from the Council of Mortgage Lenders in 2016 [...]
Later Life Planning Update – January 2018
Welcome to our latest update dedicated to the topic of later life planning. We will seek to arm you with all the tools and knowledge you will need to satisfy all of your clients’ [...]
Vida Homeloans: Get specialist cases off your desk
With the New Year upon us and new challenges ahead, let Vida Homeloans help you clear your desk and place those specialist cases. To assist, we've put together a list of our top specialist mortgage [...]
Santander: Reminding you of the positive changes we made last year
Happy New Year! Santander for Intermediaries wanted to remind you of some of the positive changes we made last year… Buy to Let: 50% affordability rate for 5 year fixed products 130% rental cover where [...]
3MC: New Specialist Lender Added to the Panel
We are pleased to announce the launch of new a specialist Buy to Let lender, Lendinvest. The products are available for both remortgages and purchases up to 80% Loan to Value and include individual residential investment units, [...]
Precise Mortgages: We’ve doubled our Buy to Let Mortgage lending limit to £10m
We are delighted to advise that with effect from tomorrow morning, Precise Mortgages will be doubling our Buy to Let portfolio limits from £5m to £10 million (maximum 20 properties). What's more if you've already got [...]
Crystal Specialist Finance: Simplifying complex prime mortgages
The most common hurdles for brokers to overcome are with clients that have complicated income, residency issues or complex credit. Mainstream lenders often don't have solutions to cover all circumstances and this is where we can help. Our panel of lenders [...]
Nationwide: December HPI report available to download
House prices rise by a modest 2.6% in 2017 UK annual house price growth ended 2017 at 2.6%, compared with 4.5% in 2016 London weakest performing region, with house prices down 0.5% year-on-year Significant differences [...]
Virgin Money: All you need to get your remortgage business moving
We’re ready and set to go in 2018, so let’s cut to the chase. 7 out of 10 homeowners could cut their rate by moving off their SVR.* Monthly Savings Product term £100,000 loan [...]
Paragon: New year. New products. New rates
Paragon is delighted to announce a New Year refresh of our product range, with revisions to interest rates and product fees, and the introduction of a 3-year fixed rate option, all available from 8 January [...]
Accord Mortgages: Major changes to our residential product range
New residential product We’re launching a new 2 year HP product at 1.60%, 85% LTV with a £995 fee, a free valuation and £500 cashback Residential rates going down We’re cutting selected rates across our [...]
Barclays: Buy to Let portfolio applications
Barclays wants to be the best Buy to Let lender you do business with. Back in September, they reaffirmed their full commitment to the BTL market by accepting portfolio landlord applications. These applications require a [...]
BuildLoan: The Mansfield have launched some fantastic new products, exclusively available through BuildLoan
Four products, with features to suit your client needs, including the option of: Advanced stage payments or traditional arrears stage payments With or without early repayment charges BuildLoan are the UK’s leading specialist in self [...]
Marsden BS: Help us on our mission to free the mortgage prisoners this year
The Marsden team are on a mission to help We're looking at the 2 main mortgage prisoner types that we can offer our lending solutions to. Over the next few weeks, we will walk through the [...]
The Mortgage Works: End dates extention
We're just letting you know that as of Tuesday 9 January, we'll be extending the end dates across all New Business and Existing Customer products. New Business guide Existing customer switcher guide Product Highlights [...]
Enterprise: How to support your clients in 2018
New Year’s Resolutions - we all make them, but it’s not so easy to see them through. Did you know 32% of the public have vowed to save more money this year? But after last [...]
Weekly Mortgage Update – 12th January 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: Accord share major [...]
Barclays: New and reduced residential fixed rate products
We are delighted to confirm a number of changes across our Residential range(s) effective tomorrow, Thursday 4th January. These changes include the launch of a new attractive 50% LTV 2 Year Fixed rate plus competitive [...]
Aldermore: Launch GDPR guide
Want to understand more about GDPR and how the new regulations will affect you and your firm? Aldermore have created a handy guide in-conjunction with legal firm Locke Lord. The guide aims to give you [...]
Paymentshield: Extend their remortgage offer
Paymentshield, have extended their 3 months free remortgage offer for another 6 months. With the opportunity for remortgage and product transfers set to become even greater in 2018 than in previous years due to large [...]
Marsden Building Society: Launched new older borrower products
We have introduced 8 new Older Borrower products to our portfolio to give your brokers wider access to our 55+ range. The following products are to be launched on Thursday 21 December 2017; DSR479 – [...]
Clydesdale Bank: standardising information for downsizing
We are standardising the information we require for residential mortgage applications where a customer intends to downsize as part of their interest only repayment strategy. Information Required When completing a mortgage application with us, if [...]
Virgin Money: Great reasons to choose Virgin Money
Our lending policy is designed for you and your clients. To see what we can offer and how we do things differently to other lenders, take a look at some of our key features. Virgin [...]
Santander: 2017 continuous improvements
During 2017 we have introduced a number of improvements to help you do business with us: We look forward to continuing to support you during 2018. Please give your dedicated contact a call to [...]
Crystal: Specialist finance made crystal clear
At Crystal Specialist Finance, we don’t say “No”, we say “How?”. We place each case on its own merits and always tailor the best solution for your clients. Our comprehensive product panel of specialist lenders [...]
Atom Bank: Another record broken
We love breaking things here at Digital Mortgages by Atom bank - conventions, banking stereotypes, old school thinking but especially customer experience records. It's just a year since we launched so to end the year [...]
Weekly Mortgage Update – 05th January 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: Barclays announce new [...]
Weekly Mortgage Update – 20th October 2017
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: Coventry add new fixed [...]
The Mortgage Lender: Family gifted equity
We are pleased to announce that we can now consider applications with family gifted equity. Highlights include: Gifted equity from parents, grandparents, siblings, aunts and uncles accepted (including step and adopted relationships)* Maximum LTV 75% [...]
Leeds Building Society: Buy to let has changed, we have too
In 2016 and 2017 there have been a lot of changes to the buy to let (BTL) market. Leeds Building Society is easing the pressure for you and your clients, with a simplified application process [...]
TFC: New updates to 1app from TFC homeloans
Following our merger with Solent Mortgages Services – we are continuing to make improvements to our system ensuring you have the best possible experience of working with TFC. Within our case tracking facility, you can [...]
Virgin Money: READY, SET, BUY-TO-LET
Whether your clients are buying a property to let or refinancing an existing property, we can help you find them a better home for their mortgage. More reasons to love our buy-to-let products and features: [...]
Barclays: Residential 5 Year Fixed Withdrawals
Please be advised that we will be withdrawing selected 60% LTV Residential 5 year fixed rates at 5pm today, Wednesday 11th October. Our highly competitive 75% LTV 5 year fixed rates, including our 1.75% rate [...]
The Mortgage Works: New 5 year fixed rate products and selected rate reductions
PRODUCT UPDATE New 5 year fixed rate products and selected rate reductions From the 11th October, we're reducing selected 5 year fixed rates by up to 0.45% and introducing a selection of new 5 year fixed [...]
Coventry: Product closures
Closing products 8pm Thursday 12 October 2017 Residential and Offset Buy to Let Opening products 8am Friday 13 October 2017 Residential and Offset Buy to Let
NatWest: Changes its buy-to-let proposition
We’ve introduced changes to our buy-to-let proposition to comply with the PRA requirements for assessing buy-to-let mortgage applications and to enhance our broker service. One of the key aspects of our buy-to-let offering is that [...]
Bank of Ireland: New Residential & First Start product range
On Wednesday 11 October 2017, Bank of Ireland for Intermediaries is launching a new Residential & First Start product range (Our existing BTL range is unaffected). It includes a great selection of 2, 3 and 5 [...]
Santander: Yes, it’s true…Procuration fees
We value the work that you do Retention proc fee paid on residential and Buy to Let £400 minimum proc fee paid for new business loans £25,000 and above Full proc fee paid on total [...]
Fleet Mortgages: The Portfolio Lender: Income from Rental
To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk
Mashaven: Does your client have CCJs? – We’re happy to talk
Last year saw the highest recorded levels of CCJs, so its not surprising more and more clients require a mortgage lender willing to offer flexibility. At Masthaven we have designed our products around real life, [...]
Paragon: Rebrand
You may have seen in the news that The Paragon Group of Companies PLC has announced a strategic reorganisation and has now become the Paragon Banking Group PLC. This will include the coming together of [...]
Marsden Building Society: Product Withdrawal and Older Borrower products
Product Withdrawal live from 6 October 2017 What's changed? We are withdrawing some of our Older Borrower products listed below with immediate effect. New applications will continue to be accepted up to close of business [...]
Magellan Homeloans: Improved criteria from Magellan Homeloans
Magellan has improved criteria for buyers who need some flexibility with affordability. With rates from just 2.99% we accept: NEW - Loans up to £1m considered on Near Prime; NEW - Up to 4 applicants; [...]
Accord: Important changes to residential product ranges
We’re making the following changes to our residential product range at 9am on Monday 9 October: New residential products We are launching 2 new ERC free products at 85% & 90% LTV. Both are available [...]
Weekly Mortgage Update – 13th October 2017
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: • Together Money [...]
