• Together Money case study: Right to buy a property valued at £170,000 and the purchase price £66,100, so we do not require a deposit;
• Virgin Money gives top tips to remortgages;
• L&G launch a free live chat facility within its Mortgage Support Services team to provide an additional level of support for members;
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 [...]
