Weekly Mortgage Update – 22nd November 2019

Weekly Mortgage Update – 22nd November 2019

Welcome to this week’s Protection 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:

  • Santander release important residential lending criteria changes;
  • NatWest announce rate changes;
  • HSBC are changing their mortgage products.

Santander: Important residential lending criteria changes

On Monday 25 November 2019, we’re simplifying the assessment of retained properties and improving Introducer Internet for Buy to Let. Residential: retained properties Mortgaged let properties (already let/to be let) - We’ll apply a simpler [...]

Precise Mortgages: Young or old, experienced or novice landlord – we’re here to help

We understand every customer is different, so our criteria is designed to help as many of your customers as possible. Whether they’re 80 years old at application with no prior experience as a landlord, or [...]

Metro Bank: A common sense approach to self-employed mortgages

At Metro Bank, we recognise that the self-employed work in different ways which is why we have a common-sense approach to assessing mortgage applications. Applicants are classed as self-employed if they own more than [...]

NatWest: Rate reductions to core and semi-exclusive residential and buy to let deals

Here’s a full list the changes with product codes in brackets: New Business Semi Exclusive Residential New Products 2 year fixed rate purchase [FO21208] 95% LTV, 2.98%, product fee £0, £500 cashback Rate Changes [...]

2019-11-21T16:07:44+00:00

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