Weekly Mortgage Update – 22nd June 2018

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 you to get more from your existing client bank;
  • Pepper Money introduces day rate contractor calculations;
  • Santander explain how they can use overtime as part of your clients income;
  • Digital Mortgages announce rate changes.

Weekly Mortgage Update – 22nd May

By |May 22nd, 2020|Categories: 05. May, 2020, 22, Covid-19 Mortgages, Mortgage, Provider News|

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 [...]

Precise Mortgages: Buy to let limited edition 5 year fixed mortgage

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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 [...]

Crystal Specialist Finance: Secure £9M solution

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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 [...]

Digital Mortgages: Mortgage rate changes

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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 [...]

Fleet Mortgages: The Quest by Landlords for Increased Profitability

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 22nd, 2018|Categories: 06. June, 2018, 22, Mortgage, Provider News|

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

By |June 21st, 2018|Categories: 06. June, 2018, 21, 22, Lending into Retirement, Mortgage, Provider News|

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 [...]

Ipswich BS: Clients borrowing into later life?

By |June 21st, 2018|Categories: 06. June, 2018, 21, 22, Lending into Retirement, Mortgage, Provider News|

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 [...]

Dudley BS: Guaranteed pension income

By |June 15th, 2018|Categories: 06. June, 15, 2018, 21, 22, Lending into Retirement, Mortgage, Provider News|

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 [...]

By |2019-03-12T10:51:59+00:00June 22nd, 2018|06. June, 2018, 22, Mortgage, Provider News|0 Comments

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