Weekly Mortgage Update – 30th April 2021

Weekly Mortgage Update – 30th April 2021

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:

  • Halifax announce rate reductions of up to 0.06% on remortagage products;
  • Natwest make rate changes on products for new and existing customers;
  • West One provide support for portfolio clients.

Vida Homeloans: Announce new buy to let rates

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

Click here to see our latest Buy to Let Rate Guide, which includes rate reductions and a new 5 year Fixed-Fee Special on both our Standard and HMOs/MUBs range. Any new changes are highlighted [...]

Santander: Changes to our product transfer Buy to Let range

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

We've reduced our Buy to Let 75% LTV 2 year fixed rate by 0.10% and the £499 fees on our 5 year fixed rate Buy to Let products will be removed. All other rates [...]

Virgin Money: Updates to rates, top tips and update on service levels

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

This week, I’ve included details of some of our leading rates, top tips to help broker applications, and an update on our service levels…..also not forgetting our nominations for the BMA’s! Our products Virgin [...]

TSB: Temporary withdrawal of selected Buy to Let products and Residential rate changes

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

TSB has withdrawn some Buy to Let products and made various rate improvements to their Residential range. Withdrawn products: 2 and 5 year fixed (5 year ERC) House Purchase and Remortgage products with £1,995 [...]

LendInvest: Why landlords should turn to bridge-to-let finance ahead of the Stamp Duty Deadline

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

With another Stamp Duty Deadline approaching, the Director of Underwriting at LendInvest explains why landlords should turn to Bridge-to-Let finance to secure their next property ahead of the deadline. Read more   [...]

West One: Providing support for portfolio clients

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

For some advisers when selecting a Buy to Let lender for their portfolio clients, finding a lender that can offer a suitable Interest cover ratio to maximise the amount of potential borrowing without heavy [...]

Barclays: Green home mortgages

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

We're seeing a growing number of people integrate environmentally friendly and carbon neutral choices into their everyday lives and there is no question that these choices will impact housing and mortgage options in the [...]

Foundation Homeloans: First Time Landlords – the new investors on the rise in 2021

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

An important trend is that interest from new investors, ‘First time landlords’ continues to grow. According to Knowledge Bank’s latest tracker results, the analysis of brokers’ searches in February found that intermediaries are working [...]

NatWest: Make rate changes on products for new and existing customers

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

Here’s a full list the changes with product codes in brackets: New Business  Core Range Residential Rate Changes 2 year fixed rate purchase [FO26224] 60% LTV, decreasing by 26bps from 1.78% to 1.52%, product [...]

Nationwide: Switching with additional borrowing and NEW Cancel Case functionality

By |April 30th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

We're pleased to confirm that in addition to our newly introduced Helping Hand enhanced affordability and our new Green products, we've also made some additional system enhancements. These improvements are summarised below and are [...]

Greenfield Mortgages: Rates are from just 0.49% pm with Premier Plus product

By |April 29th, 2021|Categories: 04. April, 2021, 30, Mortgage, Provider News|

Good news, due to changes in our funding structure we are now able to offer new market leading bridging rates. Our Premier Plus product is designed to be more cost effective for the more [...]

By |2021-04-30T14:13:43+01:00April 30th, 2021|04. April, 2021, 30, Mortgage, Provider News|0 Comments

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