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:
Weekly Mortgage Update – 1st 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: Paragon issue new [...]
Nationwide: New build update
Hopefully, you will have seen the great news announced earlier this week that Nationwide has resumed lending up to 85% LTV – We're delighted to confirm that this also applies to New Build houses. [...]
Platform: Mortgage offers and documentation during this difficult time
Extensions to Mortgage Offers In light of the Covid-19 pandemic the Ministry of Housing, Communities & Local Government have recently issued guidance for buyers and sellers to be more flexible on moving dates and [...]
The Mortgage Lender have gone live with their desktop valuations
Just a quick update to advise we have gone live with our desktop valuations (up to 75% LTV). Accepting this won’t fit every case we're sure you will agree it is a positive step [...]
Accord Mortgages: A dedicated new Covid-19 resource page
The Growth Series is designed with brokers in mind, to help you build your business, but also to provide support where you need it most. That's why we've created a dedicated Covid-19 resource centre, [...]
Metro Bank: Buy to let opportunities
BUY TO LET Our wide range of Buy to Let mortgages gives your customers a choice of different products, LTVs and the benefit of two fee assisted re‑mortgage options for properties up to £2million. Buy to [...]
Masthaven: have launched limited edition fees free remortgage rates
In response to changing times, Masthaven is giving your customers added flexibility with the launch of a new range of limited edition fees-free remortgages. Find out more Available on first charge residential two- and [...]
Hodge Lifetime: We are reducing our Standard Variable Rate by 0.50%
During these difficult times, we're trying to make things as easy as we can for our customers. Following the Bank of England's base rate reduction, we've reviewed our Standard Variable Rate and can confirm [...]
Legal and General: Our new marketing toolkit has launched
We are pleased to announce that we have launched the new toolkit, which includes copy and imagery for social media, as well as email copy. The assets within this toolkit are generic in nature, [...]
Barclays extends mortgage offers to six months
Barclays is giving customers up to six-month extensions on mortgage offers as the government has advised home moves should be delayed in the current climate. Read more
Pure Retirement have now developed desktop valuation solutions across their entire product range
We’ve now developed desktop valuation solutions across our entire product range, continuing to offer effective retirement solutions for your clients even in the current times. Desktop Heritage Range Mirrors the full range and offers [...]
Aviva have introduced new applications incorporation with the remote valuations launch
Aviva have introduced new applications incorporation with the remote valuations launch that we received yesterday. These forms should be used with immediate effect. A cut off date for the previous application forms will be [...]
OneFamily: Lifetime mortgage process and criteria changes
We are pleased to confirm the changes outlined that will allow you to take forward mortgage applications given the Coronavirus restrictions. Read more Lite and Standard lending policy Super LTV [...]
Just are increasing the interest rate on their J2 LTV series
As from Thursday 30th April we are increasing interest rates on our J2 LTV series Please see details below J2 - Interest rates are shown without cash facility loading or interest servicing reductions [...]
Skipton Intermediaries latest update
We’re aware that COVID-19 is having an unprecedented impact on the Intermediary market, and we’ve made a number of enhancements to our policy and procedures to support both you and your clients. Read more [...]
Coventry Intermediaries re-introduces 75% LTV remortgage products
Coventry for intermediaries re-introduces 75% LTV remortgage products and makes some temporary changes to how they underwrite self-employed cases. From 29th April 2020, Coventry for intermediaries will be re-introducing remortgage products at 75% LTV [...]
TSB are making temporary changes
TSB are making temporary changes to the way customer income is assessed for new and existing residential mortgages, on 29th April. These changes will help balance the needs of new and existing customers, who [...]
Vida: A message from Louise Sedgwick
When I was asked to take on the role of Managing Director – Mortgages, I was absolutely ecstatic. I was excited to see what the immediate future held and how we could drive forward [...]
Santander: New evidence requirements
From Thursday 30 April to support you and your clients during this challenging time, and to help reduce your time to offer, we’ll now be asking you to confirm via a Mortgage Application Tracking [...]
Paragon: New rate sheets including our new SVR
We are pleased to enclose new rate sheets containing details of; Our new SVR. We are passing on the full Bank of England Base Rate reduction and have reduced our SVR by 65 bps [...]