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:
- TSB announce rate changes;
- Virgin Money support your pro landlords;
- Principality have made changes to their mortgage range;
- Paragon announce new further advance and switch products.
TSB: Rate changes and end dates extended
TSB is making changes to a selection of products. A summary of the changes are below. Reduced rates on: 5 year fixed house purchase 75-85% LTV by 0.05% 5 year fixed remortgage 60-80% LTV [...]
Barclays: Rate change overview
What existing products are we increasing? Residential Purchase 2.77% 2 Year Fixed, £0 product fee, 95% LTV, Min loan £5000, Max loan £375000 will increase to 2.87% 2.99% 3 Year Fixed, £0 product fee, [...]
Coventry: Ten out of ten for 10 Year Fixed
There’s never been a better time to consider a 10 Year Fixed mortgage. For those clients wanting long-term stability or an excellent way to budget, it could be a very attractive option. The great [...]
Ipswich Building Society: Holiday let mortgages
With a holiday let mortgage from the Ipswich, your client can earn a rental income from their perfect holiday home whilst retaining the flexibility to return there for up to 60 days each year. [...]
Paragon: New further advance and switch products
Further advance products Rates starting from 3.35% for portfolio products and 3.30% for non-portfolio; Available on 2 and 5 year fixes; With 75% and 80% LTV options; Across SSCs and HMO/MUBs. View product portfolio [...]
Pure Retirement: Experts in equity release
As part of our continued focus on offering the best products for our customers, we’ve announced enhancements to simplify our popular Sovereign Range. These changes seek to allow even more customers to benefit from [...]
Foundation Homeloans: Landlords more likely to purchase via limited company vehicles
More and more landlords who are looking to purchase a buy-to-let property over the next 12 months intend to do so via a limited company vehicle. The latest landlord research from Foundation Home Loans [...]
Virgin Money: Support for you pro landlords
Virgin Money assess portfolio landlord straight balance swaps in isolation, not as part of a portfolio. You won’t need to provide a business plan, cashflow or property portfolio details. And the portfolio underwriting policy [...]
Kensington: When a hero comes along…
With rates starting from 2.74% Suitable for employed NHS Clinicians (including Paramedics & Nurses), Teachers, Armed Forces Personnel (Army, Navy, RAF), Firefighters and Police Officers... the hero in your community. Help your hero client own [...]
Precise Mortgages: New bridging second charge loan rates
We've cut our Bridging Second Charge Loan rates to make them even more competitive for customers looking for a short-term borrowing solution on a fast turnaround. With regulated and non-regulated finance up to 70% LTV [...]
Principality: We’ve made some changes to our mortgage range
We have made some changes to our residential and buy to let mortgage range. Please see details below: Residential mortgage products: We've decreased, product code (13389) 65% LTV 2 year fixed rate from 1.90% [...]
Brightstar: Refreshed funds for semi-exclusive help to buy product
Following the announcement that Bluestone Mortgages have restricted the distribution for their HTB range, I just wanted to remind you that Brightstar have been selected as one of few partners with access. In addition, [...]
The Nottingham: Product launch
We have launched two new residential self-build products and extended the end date on a number of residential and buy-to-let products. New residential self-build products Product LTV Rate Discount Product fees Product code [...]
Aviva: Equity release interest rate change
Our interest rates have increased, decreased or remain the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New Business All pre-sales illustrations produced on or after [...]
Canada Life: Capital select launch
We're very pleased to announce that we have launched the following enhancements to our Capital Select range this morning: We’re introducing Capital Select Super Lite We’re introducing 3% Cashback across all our Capital Select [...]
Weekly Mortgage Update – 23rd August 2019
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: TSB announce rate [...]