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 reintroduces 85% [...]

Following our return to 90% lending for first time buyers, we're introducing some new criteria, which we'll continue to review to ensure we lend responsibly. We're anticipating high call volumes into our Dedicated Broker Support teams [...]

Darlington Building Society has launched a 90% loan-to-value (LTV), 3-year fixed product, designed to provide further support for first and second-time buyers following the announcement of a stamp duty holiday.  The mortgage product has a [...]

Halifax is making changes to its homemover and first-time buyer products today. It is increasing rates by 0.20 per cent on 80 and 85 per cent LTV two-year, three-year and five-year fixed rate deals. [...]

TSB has brought back its 85 per cent loan to value (LTV) house purchase and remortgage products, a month after pulling all deals at this tier. This means the fee-free purchase two-year fix has [...]

We want to let you know about some further changes that we’ve made that impact how we assess new mortgage applications from customers who have taken out a mortgage payment break. For new business [...]

One of the most challenging parts of buying a house is saving for a deposit. That’s why we accept gifted deposits as full or part contribution. Who can gift the deposit? Any relative [...]

We want to share our fantastic news. We’ve been awarded Best Building Society for Customer Service 2020 by What Mortgage Awards for the third year running. Our Business Development Managers, Intermediary Support Desk and [...]

The Government’s announcement that stamp duty in England won’t be paid on the first £500k of a property’s value until 31 March 2021 is welcome news for the housing industry. From buyers struggling to [...]

We are pleased to inform you of a couple of changes made to our range with immediate effect.   Buy to Let purchase products are now available. From 8pm this evening,  you will be [...]

JOINT BORROWER, SOLE PROPRIETOR Now available up to 90% LTV giving greater choice to your customers who, like many first‑time buyers, find it difficult to raise a deposit or secure a mortgage based on [...]

Mortgage technology expert Mortgage Brain has hosted its annual Mortgage Vision event for over a decade. Now in its 11th year, they have decided to take their hugely successful event online as ‘Virtual Mortgage [...]

We've updated our Residential mortgage range, reducing the rate on our 85% LTV product and launching a fee free version to support your clients looking to purchase or remortgage. Product Details 2 Year Fixed [...]

FBS have made their Family Mortgage available again, which is a 95% LTV product that can help borrowers onto or up the property ladder. They also have a 75% LTV Joint Mortgage Sole Occupancy [...]

As a result of increased demand for specialist 2-year fixed rates, Foundation is improving its buy to let mortgage range for individuals and limited companies from Thursday 23rd July. Key changes: Reduction of up [...]

On Friday 24 July 2020 we will re-launch our Mainstream mortgage range for New Business. Product Changes Temporary withdrawal of selected mainstream new business products. All other products remain unchanged.   New Business Mainstream [...]

Advisors will be busy handling the new business backlog after the lockdown, but existing customers will also provide opportunities for the future The new guide from Coventry for intermediaries sets out the importance of [...]

With the Chancellor’s recent announcements on temporary stamp duty reductions until March 2021 and VAT being reduced for certain businesses, we at Precise Mortgages, have taken this opportunity to launch our own limited edition [...]