• Together Money case study: Right to buy a property valued at £170,000 and the purchase price £66,100, so we do not require a deposit;
• Virgin Money gives top tips to remortgages;
• L&G launch a free live chat facility within its Mortgage Support Services team to provide an additional level of support for members;
Paragon: making your life easier
We're always looking for ways to improve our service and make life easier for our intermediaries. Following feedback from intermediaries like yourself, we understand that waiting for a mortgage valuation can be frustrating, especially [...]
L&G Mortgage Club: live chat facility
Legal & General Mortgage Club has launched a free live chat facility within its Mortgage Support Services team. The new tool aims to provide an additional level of support for members, enabling advisers to contact [...]
Together: Have a residential mortgage case? Specialist lender Together can help
Together case study Together are new on panel, so whenever you have a case that involves non-standard purchases, property, income or credit, we’re here to do our best to find a solution. Example Together case [...]
TFC: The Merger is complete!
TFC Homeloans are delighted to announce the merger with Solent Mortgage Services is now fully completed and wish to thank all our partners for the overwhelmingly positive feedback. As you know we have been on [...]
Buckinghamshire: Reduce rates
CREDIT CRITERIA DIP form First-Time buyer 3.49% - 3 yr discount [DF04] 3.69% - 2 yr fixed 31/01/21 [FF04] more details Credit Repair 3.99% - 3 yr discount [CR03] more details Retirement 3.29% - 3 yr discount [RE03] [...]
The Mortgage Works: Portfolio landlord updates now implemented
We're pleased to confirm that our systems have successfully been updated to reflect the Prudential Regulation Authority's (PRA) changes to portfolio landlord underwriting standards. As a reminder, full details of our policy and our [...]
Bluestone Mortgages: It’s here. Our broker portal, Bluelink
Online DIP & Full Application Our new online DIP and Application are now available in our broker portal, Bluelink. Developed in-house using Google's design framework, it's a clean, fast and simple system [...]
Hodge Lifetime 55+ case study – The Jones’s – Max LTV
Mr & Mrs Jones are aged 75 & 66, both self employed in administrative positions for a London firm that they own and run, they are both still working and intend to retire at [...]
Leeds Building Society: Buy to let has changed, and we’ve changed too.
We know placing portfolio buy to let business could make things more time consuming than ever before, so we’ve invested in our buy to let proposition to improve our service and make it easier [...]
Santander: Remortgage specials and a choice of benefits
Yes, it’s true…Procuration fees We value the work that you do Retention proc fee paid on residential and Buy to Let £400 minimum proc fee paid for new business loans £25,000 and above Full proc [...]
Fleet Mortgages: The Portfolio Lender
To discuss a case, please contact us: 01252 916800 sales@fleetmortgages.co.uk Just to make you aware, we are extending the end dates of our current 2 and 5 year fixed products. New Initial Rate [...]
Tipton Building Society: New intermediary exclusive product release
New Fixed Rates Product code(s) FE073 and RFE039 – enhanced criteria applies, no status “2” (two consecutive missed payments) on credit file within last 12 months, no defaults at anytime Product End Date(s) With respect [...]
Kent Reliance: Our new way of working
In line with the new rules, we will now require the following documents from Portfolio Landlords for all mortgage applications: Business Plan Assets and Liabilities statement Cash flow statement Template documents have been created to [...]
Principality: further changes to our mortgage range
Please be advised that we will be making further changes to our mortgage range. Below is a summary of those changes; Product 11153 2 Year fixed 75% LTV to increase from 1.55% to 1.70% Product [...]
The Nottingham: BTL Portfolio Landlords
From Friday 29th September The Nottingham announces new portfolio landlord requirements. Where the total number of mortgaged properties at the application level, including the property to be mortgaged, is four or more, the application [...]
Nationwide: Selected 2 year fixed rate increases
Selected 2 year fixed rate increases From tomorrow, Thursday 28 September, we're increasing selected 2 year fixed rates, including Equity Share products. Please note, rates for existing Nationwide mortgage members switching products will not be [...]
Virgin Money: Why have one home when you could have two
Your customers might want a second residential property as a holiday home, pied-a-terre, or for a dependant relative. Virgin Moneys affordability assessment on second residential properties considers the monthly expenditure and that the customer is [...]
Magellan Homeloans: think residential products
Are you missing Magellan for Intermediaries residential products when sourcing? Our strong specialist products, including a fees assisted range and transparent SLA's are just a number of reasons to think about using Magellan when placing [...]
Weekly Mortgage Update – 6th October 2017
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: • Together Money [...]