Welcome to this week’s Mortgage Update.
Be sure to have a look through as there is sure to be some information pertinent to you.
Included in this week’s update:
- Legal & General Mortgage Club announce a number of specialist lending events;
- Accord introduce a number of new residential remortgage deals;
- Virgin show why they are great for payment holidays; and
- Bluestone discuss how their criteria changes can help your clients with missed payments.
Weekly Mortgage Update – 18th August 2017
Welcome to this week's Mortgage Update. Be sure to have a look through as there is sure to be some information pertinent to you. Included in this week's update: Legal & General Mortgage Club [...]
The Exeter: Diabetes prescriptions up 80% in a decade
An NHS report has revealed that type 2 diabetes prescriptions are growing at double the rate of total primary care prescriptions. According to Diabetes.co.uk, this huge rise is mainly due to more people being diagnosed [...]
Leeds Building Society reduces HTB affordability calculation
The Government’s flagship Help to Buy (HTB) scheme doesn’t charge borrowers interest for the first five years (the ‘Interest Free’ period). However lenders are required to assess whether customers will be able to afford this [...]
Virgin Money are great for payment holidays
With Virgin Money, payment holidays are available once customers have had a mortgage with them for nine months and providing payments are up to date. These payment holidays can also be accumulated up to a [...]
Introducing Accord’s new residential remortgage deals
We’re making the following changes to our residential product range at 9am on Friday 18 August: New residential products We’re introducing 3 new remortgage 2 year fixed rate products with a £495 fee, free [...]
Fleet Mortgages – Applicants up to age 85
To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk
L&G Mortgage Club: Specialist Lending Events Announced
We are delighted to announce that we will be holding our popular Autumn Specialist Lending Events again this year. These half day events provide intermediaries with useful insight into key areas of the specialist [...]
Paragon Mortgages: Don’t forget to send us your property schedule
Following the implementation of our PRA Phase 2 changes, you may have noticed some differences to our application process. One of the main changes is that we are now asking for further information about your customers' property [...]
Principality: We’re making changes to some of our Buy to Let products
We would like to inform you that we are reducing the rates of the below buy to let mortgage products and introducing a new buy to let product. These changes will be live at 9:00am [...]
Halifax LG13 Product Changes
On Friday 18 August, Halifax are making the following changes to the product range Withdrawing all existing products and replacing with new products to extend end dates by three months. All rates remain the same [...]
Barclays: £65.5bn+ Mortgage Maturity Opportunity Across The Market Till End Of Year!
Remember Barclays Offers: Fees Free Remortgage Packages 6 month offers to help engage early and secure the great rates on offer today Capital raising up to 85% LTV Existing Customer Rewards Range for long term [...]
The Tipton: New Fixed Rates
New Fixed Rate Products Additional funding secured, as a consequence we have now re-launched FE071, FE072 and RFE038 Product Restrictions Please note restricted income multiples continue to apply to our 95% product range, defined [...]