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:
- NatWest announce product rate changes;
- Virgin Money are making buy-to-let more affordable;
- Hinckley and Rugby announce product withdrawal;
- Sign up to Brightstar’s new webinars.
NatWest: To make rate reductions to core and semi-exclusive residential and buy to let deals for new business
NATWEST TO MAKE RATE REDUCTIONS TO CORE AND SEMI-EXCLUSIVE RESIDENTIAL AND BUY-TO-LET DEALS FOR NEW BUSINESS Here’s a full list the changes with product codes in brackets: New Business CORE - Residential New Products 2 year [...]
Foundation Homeloans: Need flexibility for your portfolio landlord cases?
Our portfolio landlord proposition Our approach to portfolio landlords is simple, flexible and customer-focused… No limit to portfolio size, subject to maximum borrowing of £3m with us Bespoke stress test for the background portfolio [...]
Kensington: Our new research infographic
We can barely believe it, but it's the last week of the Financial Year already! And what a year it has been for us - we haven't got our year end figures yet but [...]
eConveyancer: A positive month since launch
We’re delighted that The Right Mortgage & Protection Network and eConveyancer have enjoyed a positive 1st month since launch. If you’ve not discovered our new service yet, why not have a look at eConveyancer [...]
Ipswich Building Society: Self build mortgages – five things you should know
If you’re new to self build or looking for a refresher, here are five things you should know about our lending criteria. We make the self build application process as easy as possible, and [...]
Brightstar: Sign up to our new webinar programme
Confirm your place on one of more of our specialist lending webinars. Learn how to help more clients & earn more income. Following on from the success of last year’s webinars, Brightstar has teamed [...]
Canada Life: Introducing Capital select lite and changes to LTV range
I’m very pleased to announce that we have launched our Capital Select Lite. Our Capital Select Options offer: Capital and interest repayments (up to 10% of the initial advance, ERC free) Maximum loan amount [...]
The Family Building Society: The Retirement Lifestyle Booster from Family Building Society
Do your older clients need a little boost to their finances? The Family Building Society’s Retirement Lifestyle Booster is a real alternative to equity release. It’s a 10 year interest-only standard mortgage (not even [...]
Aviva: Equity release interest rate changes
Interest rates have either decreased or remained 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 Wednesday [...]
Hinckley and Rugby: 95% LTV products with £1000 cashback
We recently launched limited availability, highly competitive 2- and 5- year fixed rate 95% products with £1000 cashback (charging rates 3.2% and 3.49% respectively). These have proved to be very popular and so if [...]
Virgin Money: Personal Income
Virgin Money make buy-to-let more affordable by allowing landlords to use their personal income to top up rental income. Personal income can be used on rental shortfalls between 100% and 145%, calculated at an [...]
Pepper Money: More than 1 million opportunities to grow your business
With over 1 million CCJs issued in the last year alone, there is a responsibility to brokers to be proactive in reaching those potential clients to make clear the competitive mortgages available for them. [...]
Santander: Top tips when sending bank statements
There's no need to send us bank statements unless we ask for them on Introducer Internet or MATS. If bank statements* are required to support income evidence, you only need to provide the individual page showing the [...]
Weekly Mortgage Update – 29th March 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: NatWest announce product [...]