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.
Vida Homeloans: Announce new buy to let rates
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
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
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
TSB has withdrawn some Buy to Let products and made various rate improvements to their Residential range. Withdrawn products: 2 and 5 year fixed (5 year ERC) House Purchase and Remortgage products with £1,995 [...]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
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
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
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
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
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
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 [...]
Halifax: Announce product launch
On Saturday 1 May, we’re making the following changes to our product range: Remortgage (REM) Rate reductions of up to 0.06% and increases of up to 0.21% on selected REM products. Further information Please [...]
Greenfield Mortgages: Rates are from just 0.49% pm with Premier Plus product
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 [...]