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: In advance of new BTL [...]

Lending policy and new business enquiries: 0800 085 2846 General enquiries: 0800 678 3066 Lines open Monday - Friday 9am to 5:30pm New Residential Products - 2 year fixed to 60% LTV with a rate [...]

At Magellan, we understand that life is complicated. It’s natural to try and simplify borrower circumstances, to tidy everything up with restrictive credit scoring – but reality just doesn’t work like that. There’s more to [...]

We are pleased to announce the launch of our new Product Transfer Portal. Our online system has been designed to improve the process of submitting, managing and amending your clients’ Product Transfer requests*. The [...]

How they can help New Custom Build mortgages available exclusively through BuildLoan. Shared Ownership mortgages coming to you soon. As part of our ambition to make everyone better off, Virgin Money will donate £100 [...]

On 30 September, the Prudential Regulation Authority is implementing new regulations for portfolio buy to let lending. A portfolio landlord is one with four or more mortgaged rental properties. We're changing our criteria to give portfolio [...]

Key highlights     1.80% 5 year fixed until 01/12/2022 1.94% 5 year fixed until 01/12/2022 2.05% 5 year fixed until 01/12/2022   • 75% LTV • £800 fee (£0 upfront) • Purchase [...]

We’re delighted to announce our lowest ever fixed rate deal will be available at 9am on Tuesday 19 September. At 0.99% this is the lowest ever 80% LTV product in the market! The 2 year [...]

Here’s a quick overview of the changes affecting landlords with 4 mortgaged rental properties or more. From 19 September 2017, Barclays will tweak its rules for lending to portfolio landlords.   Prudential Regulation Authority changes [...]

In advance of new BTL underwriting standards established by the PRA, we are able to share with you our new approach to portfolio landlords. Clydesdale Bank will continue to support portfolio landlords who wish to [...]

Don’t forget – following guidance from the PRA, we’ll be applying some additional criteria to all portfolio landlord applications from today. Click to see our application process above. See the full policy here [...]

Summary of changes Core Range Selected fixed rate products will be reduced, including: 2 Year Fixed Rate fee saver option at 90% LTV will be reduced to 2.44% with £300 cashback for purchase customers 3 [...]

We are pleased to confirm we are making a number of positive changes to our Residential and Buy to Let product range(s) including launching our lowest ever 2 Year Fixed rate, with new products launching [...]

In August, we completed a second charge mortgage that reduced a client’s monthly credit payments by 70% We were approached by our broker partner because their prime client, earning £45,000 a year, wasn’t able [...]