Weekly Mortgage Update – 8th May

Weekly Mortgage Update – 8th 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:

  • Nationwide & Accord cut mortgage rates;
  • Kent Reliance launch new mortgage products up to 70% LTV;
  • HSBC reduce rates & remain open for up to 90% LTV;
  • Precise Mortgages announce mortgages available up to 70% LTV;
  • Barclays update valuation policy & reintroduce help to mortgages;
  • One Savings Bank announce some further product enhancements.

Paragon: Introducing their new discounted SVR product

We've launched a 12 month discounted SVR product to support both new and existing landlord customers through the current coronavirus uncertainty. 3.95% Paragon SVR less 1% ·       75% LTV ·       No product fee ·       [...]

Updated Barclays Valuation Policy and Mortgage Product Changes

As you’ll be aware the restrictions impacting the ability to conduct physical property assessment has prompted a greater reliance on AVMs and remote (desktop) valuations across the market. Even before the challenges presented by [...]

Aegon: Supporting you and your clients through uncertain times

As a protection provider, paying claims is one of the most important things we do – providing your clients with a financial safety net when they need it most. We’d like to reassure you [...]

HSBC UK: Assessing income for self-employed and a number of changes to our rates

We recently made you aware of a number of changes to the way we assess affordability, and at HSBC, we are committed to responsible lending and ensuring the availability of credit where underlying affordability [...]

Natwest: New Guide to Automated Valuations (AVM) and Desktop Valuations

We have listened to your feedback that you wanted more clarity on our use of AVM’s and Desktop valuations and have produced a new guide to help with any questions you may have. To [...]

Teachers building society: Helping your client buy their next home is just as important as it’s always been

Our BDMs, underwriters and support teams are offering the same level of help with the home your client has found, from the safety of theirs. Read more

Just: Vulnerability and the impact of Coronavirus

As a result of coronavirus, many people who weren't previously considered vulnerable could now be feeling anxious about their health, loved ones or finances. Our Business Development Director, Martin Lines, explores these consequences of [...]

Precise Mortgages: Residential and Buy to Let Mortgages now available up to 70% LTV

As your specialist lender, we’re always reviewing and improving our proposition to ensure we can continue to offer you the very best solutions during this time. We’re pleased to announce we’ve been able to extend [...]

Kent Reliance for Intermediaries – New mortgage products

Updated residential and buy to let products Last month Kent Reliance for Intermediaries introduced a range of buy to let and residential products using desktop valuations, so that you could get back to business. [...]

2020-05-07T16:45:11+01:00

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