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 remortgage products;
- Chorley Building Society revamp help to buy mortgage products;
- Tipton announce proc-fee enhancements.
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 [...]
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 [...]