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:
Weekly Mortgage Update – 29th May
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: Masthaven release broker [...]
Halifax are making changes to their product range
On Friday 22nd May 2020, Halifax are making the following changes to the product range: New REM products including free valuation and free standard conveyancing - Available up to 85% loan to value (LTV) [...]
Pepper Money: Product and valuation update
We are pleased to announce we will be instructing full physical valuations (England Only) for pipeline cases and new business from 9am on Tuesday 26th May. This will be done via internal inspections, a [...]
Skipton Intermediaries launch refreshed range
Skipton launches refreshed range Under a revised affordability approach, Skipton has already confirmed it will accept cases from applicants who have been furloughed. Read more
Hanley Economic: Current Product Range
I appreciate that I’ve contacted some of you individually about our product range as we seem to have some out of date products showing up, we’ve also had a higher volume of customers calling [...]
Virgin Money: Residential mortgage deals up to 90% LTV
Following on from our communication last week and the restart of physical valuations and property viewing in England, we are delighted to launch a wider range of products. From Thursday 28 May residential mortgages [...]
Co-operative Bank: Launches broker SMS updates
Following your feedback, Platform has introduced a new broker SMS service as a quick way of updating you at key stages of the application process: The application has been offered The application has been [...]
Natwest: Launch additional borrowing for product transfers
We are delighted to announce that today we have launched an enhancement to our Product Transfer process by enabling you to also apply for additional borrowing alongside your product switch. Since our launch into [...]
Accord Mortgages: Removes maximum loan limits
Accord Mortgages has removed all property value restrictions and returned its maximum loan size to £5m for residential and £1m for buy-to-let applications. A lending limit was put in place at the end of March, in response [...]
Nationwide: Cuts mortgage interest rates by up to 0.25 per cent
Nationwide is reducing rates on selected two-, three-, five- and ten-year fixed rate switcher mortgage products, and two-year tracker mortgages, by up to 0.25 per cent from 28 May. The society will also be reducing [...]
Precise Mortgages: Residential and buy to let products with physical valuations
We're committed to providing specialist lending solutions As announced last week, we're supporting the return of physical valuations and have launched a new range of residential and buy to let mortgage products up to [...]
Kent Reliance for Intermediaries is here to support your odd cases
2020 has been a strange year so far. Many of us have faced challenging times and uncertainty, and whilst this is set to continue for a while longer, Kent Reliance for Intermediaries is here [...]
Masthaven: Broker confidence research
A spot of good news – you’re part of an industry that’s confident about its future prospects and is determined to continue supporting customers, despite the ongoing coronavirus crisis. We asked more than 200 [...]