Weekly Mortgage Update – 25th May 2018

Weekly Mortgage Update – 25th May 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:

  • Magellan pays procuration fees on exchange of contract;
  • Enterprise Finance explore if product transfers are friend or foe?;
  • The Mortgage Lender launch new cashback product range;
  • Virgin Money increase maximum residential loan size.

Weekly Mortgage Update – 25th October 2019

By |October 25th, 2019|Categories: 10. October, 2019, 25, 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: Coventry for intermediary’s [...]

Aviva: Open the door to better equity release conversations

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

Watch our free CPD-accredited video for 14 top tips As you know, a lifetime mortgage can truly transform a customer’s life. But helping clients to understand that – and finding them in the first place [...]

Family BS: Enhances terms for inter generation mortgages

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

Family Building Society has enhanced their lending criteria to allow up to two owner occupiers for all Joint Mortgage Sole Owner (JMSO) applications. JMSO enables additional borrowers (such as parents) to join in a mortgage [...]

Just: Equity Release Academy

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

Just Equity Release Academy 2 – Business Development - 05th-21st June 2018 The place for equity release in later life planning. The lifetime mortgage market is growing and set to reach around £6.6bn by 2021. [...]

L&G Home Finance: Reduced interest rates

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

We have REDUCED the interest rates on the following products: Premier Flexible Flexible and Optional Payment (with and without 2% cashback option) Flexible Plus and Optional Payment (with and without 2% cashback option) The interest [...]

More 2 Life: Have you heard about our formidable four?

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

Have you heard about our formidable four features to help protect your clients no matter what events may occur during their lifetime, ie: Fixed ERCs – simple and clear to understand, and give certainty. 3 [...]

Post Office Money: Offering retirement products

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

Post Office Money is now available. You don’t need  ER1 as it’s a mortgage The aim is for Post Office to offer the more traditional mortgages, with BOI being more specialist. You’ll see from below [...]

Chorley: Enter 95% market

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

We are pleased to announce that we have entered the 95% market. Our new products are available to: New, first time buyers Home movers or remortgage customers for mortgages secured against their main residential property. [...]

Aldermore: Later Life Lending mortgage range

By |May 25th, 2018|Categories: 05. May, 2018, 25, Lending into Retirement, Provider News|

Aldermore have made quite a name for them-selves in the specialist mortgage world - and now they’re extending their offering to later-life mortgages. Their new range for borrowers aged 55 and over features multiple product [...]

Later Life Planning Update – May 2018

By |May 25th, 2018|Categories: 05. May, 25, Lending into Retirement, Provider News|

Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. [...]

Magellan: Now pays procuration fees on exchange of contract

By |May 25th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

Magellan now pays procuration fees on exchange of contract With immediate effect, and including any live cases, Magellan will now pay your procuration fees when contracts are exchanged. This means your fees can be [...]

Vida Homeloans: First Time Buyers – 90% LTV on new build houses and flats

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

Research from Vida Homeloans shows that more First Time Buyers are taking advantage of greater product innovation in the specialist mortgage sector. A wider range of products and a raft of new lenders has meant [...]

Furness BS: New head of intermediaries appointed

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

Furness Building Society is delighted to announce the appointment of Alasdair McDonald as Head of Intermediaries Alasdair joins the society having previously been Head of RBS Intermediary Partners; He has over 25 years of experience [...]

Buildloan: Right to build roadshow

By |May 24th, 2018|Categories: 05. May, 06. June, 08, 2018, 25, Mortgage, Provider News|

Right to Build is a BIG deal for you and your clients.  Learn how you can maximise this opportunity and support your client’s wishing to build or commission their own homes with a free ‘Right [...]

Atom Bank: Our new rates and 95% LTV mortgages are now live

By |May 24th, 2018|Categories: 05. May, 2018, 25, Provider News|

We’re excited to confirm that our new 95% LTV mortgages for purchase and remortgage customers are now live. We’ve also changed the rates and end dates on our fixed-term products to help customers get a [...]

Precise Mortgages: Residential fees launched

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

We pleased to bring you news of a new range of Residential Fees-Assisted 2-Year Fixed Rate products This update introduces a new range of 2-year fixed rate options for borrowers that may benefit from a [...]

Marsden: Our Older Borrower Bucket List

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

As a later life lending expert, we have come across some weird and wonderful reasons for lending to our Older Borrowers. Here's some of our favourites... "Home improvements" Why when you get to a certain [...]

Hanley BS: Product update

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

Please note, the following products have been withdrawn with immediate effect. MDS134               2.89% BTL Variable Discount for 2 Years MDS161               1.50% BTL Variable Discount for 2 Years MDS162               1.44% Variable Discount for 5 Years MDS146               [...]

Together Money: Bricks and mortar aren’t the be-all and end-all

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

At Together, we know that, these days, not everyone wants the traditional, two-up-two-down home. So our residential mortgages aren’t limited to ‘conventional’ properties. Instead, we stretch to accommodate you wherever we can. Whether it’s a [...]

The Mortgage Lender: New product launch

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

We are pleased to announce our whole of market cashback product range, in addition to our core residential mortgage products. These products will be available on 2 and 5 year fixed rates, and come with [...]

Nationwide: Year end results released

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

Today we’ve announced our full year performance for the financial year 2017/18. Attached is an infographic which gives an overview of our performance. Headlines: We’ve delivered the best service satisfaction among our high street peers, [...]

Hinckley & Rugby BS: Amendments to product range

By |May 24th, 2018|Categories: 05. May, 2018, 25, Mortgage, Provider News|

We are making amendments to some of our products. These are set to go live on the Tuesday 29th May 2018. Generally Available Residential Current product code -  RVD25 – Fee Free 2 Year Discount [...]

Weekly Mortgage Update – 25th May 2018

By |May 24th, 2018|Categories: 05. May, 2018, 25, 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: Magellan pays procuration fees [...]

The Marsden: Tell us what you think!

By |May 4th, 2018|Categories: 04, 05. May, 2018, 25, Lending into Retirement, Mortgage, Provider News|

Can we grab just two minutes of your time? We want to you to tell us what you think about Older Borrowers and the support that you get from lenders like us for your 55+ [...]

By |2019-03-12T10:52:10+00:00May 24th, 2018|05. May, 2018, 25, Mortgage, Provider News|0 Comments

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