With effect from Wednesday 15th November, we’ll be making a number of changes to our residential and Buy to Let (BTL) mortgage product ranges. Summary of changes: Existing residential customer switching / borrowing more 2 Year Fixed Fee Saver at 80%, 85% and 90% LTV decreasing 2 & 5 Year Fixed Standard at 60%, 70%, 75%, 80%, […]
HSBC Change their Mortgage Products Read More »
Securing a Specialist Mortgage just got easier! We know it can be challenging securing a mortgage for someone who is self-employed, as lenders often require more and more paperwork to prove they have a reliable income. At Tandem, we look at things differently. We’re always looking for ways to lend, rather than not lend, which
Tandem – is your client self employed? Read More »
Source Insurance welcomes Prestige Underwriting, specialist non-standard MGA, to their home insurance panel as the first of many underwriters of their new common worded, insurance product – Source Home. Source Home is the first home insurance product created by the team at Source Insurance and signifies the beginning of their highly anticipated product and risk
Source Insurance welcome non-standard specialist MGA Prestige Underwriting to the panel Read More »
At Zephyr, we have just launched a NEW range of 2 Year Fixed Rates and also REDUCED the rates on our 5 Year Fixed products. Our Lifetime Trackers with no ERCs are still available. If you display our product guide or have a URL link to it on your systems, please can you update it to this: Product-guide-10-11-23-FINAL.pdf (zephyrhomeloans.co.uk). Sourcing
Zephyr Product Update Read More »
As of today, Friday 10th November, Foundation Home Loans have improved our BTL and owner-occupied Special rates by up to 0.40%, and they have launched a new 7 year Fixed rate for Buy to Lets. Changes to buy to let rates include: Reduced F1 2 and 5 year limited edition products up to 75% LTV
From today, Thursday 9 November, our overall portfolio stress is increasing to 125% cover at 6.5% (from 6%). We will continue to make pragmatic lending decisions based on the overall merits of an application, but have made this adjustment to reflect higher mortgage interest rates for landlords in the current environment. Product Guide Lending Criteria Website
SHAWBROOK Important Product Update Read More »
Great news, we’re reducing rates on our High LTV (XLTV) products. We’re pleased to announce further rate reductions, this time across our XTLV range (>85% to <100% LTV), including both our fixed and variable products. This change has been designed to help those customers with lower amounts of equity built up in their property or those
Pepper Money Reduce Rates on their High LTV (XLTV) Products Read More »
On Thursday 9th November 2023 at 5:30pm we will be withdrawing our BTL and Residential Specials products, as well as our BTL Limited Edition products and selected 2 year core BTL rates, to be replaced the next day. Any DIPs on the current products will need to be submitted by 5.30pm on Thursday 9th November
Foundation HL Product withdrawal Notice Read More »
Selected 5 year BTL products to be withdrawn at the close of business Thursday 9th November. In advance of a reprice, a selection of our Vida 36, 5 year 75% LTV BTL products are to be withdrawn from 6.00pm on Thursday 9th November. For any cases currently in the pipeline, all mandatory docs must have
Vida Product Withdrawal Notification Read More »
NEW Key Worker Products Launched Reliance Bank Ltd are excited to announce the launch of our NEW Key Worker Mortgage Products to both the Intermediary market and Direct Channel. The Key updates are as follows: 2 year fixed of 4.99% fixed until 28th February 2026 (Product Code W C) This is available up to a maximum 75% LTV and has a product fee of
Reliance Bank Ltd – NEW Key Worker Products Launched Read More »
