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:
- Chorley announce criteria improvements;
- Virgin Money confirm product withdrawal;
- TSB make improvements to rate switch products.
Coventry: We’ve made applications easier
We’ve made our application process more efficient Based on your feedback, we’ve simplified our application process, meaning you’ll no longer need to collect and return your clients’ signed Declaration and Direct Debit mandate form. [...]
Foundation Homeloans: Expected rental yields, profitability and landlord intentions
Over the past few weeks we’ve seen a raft of statistical data emerge from the BTL sector, some of which gives great insight, notably around profitability, yield and landlord intentions. The latest Q3 Landlord [...]
Precise Mortgages: Yule love our new buy to let winter wonders
We’re pleased to launch a brand new set of 5 year fixed rate winter wonders within our buy to let mortgages range. Take a look at the new products below. 3.19% 5 year [...]
The Mortgage Works: Get the latest landlord panel regional snapshot report
A regional view of landlord trends We're pleased to share the final report from this quarter's BVA BDRC Landlord Panel research. Download the report here.
Chorley Building Society: Announce criteria improvements
Chorley Building Society is excited to announce it has entered into the Joint Borrower Sole Proprietor (JBSP) market. We understand that for various reasons, applicants may need to look to a family member to [...]
Virgin Money: Confirmation of product withdrawal
As communicated on Friday, today we have withdrawn the following deal from our Intermediary Exclusive range: 65% LTV 5 Year Fixed Rate at 1.46% with £1,495 fee Additional Information End dates remain at 1 [...]
TSB: Make improvements to rate switch products
TSB have made improvements to rate switch products. A summary of the changes are below: Residential rates reduced on: 2 year fixed 0-60% LTV, rates reduced by 0.10% 2 year fixed 60-120% LTV rates [...]
Kent Reliance: Why we’re good with odd
Our broader criteria means that we can help you support more and more of your clients with specialist cases. Find out how your expertise combined with our criteria could bring extra opportunities your way [...]
Fleet Mortgages: New reduced rates
Fleet mortgages introduces new reduced rate products and withdraw selected products throughout their individual range. These are being replaced with products with a lower initial rate. For more details visit our website here. To discuss a [...]
More2Life: More going on
As usual, there has been a lot going on, so here's your summary of all recent more2life news! Along with a 5* win, there's a marketing masterclass webinar, an underwriting update from Martin Heppenstall, [...]
Weekly Mortgage Update – 29th November 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: Chorley announce criteria [...]