Within this fast-moving market, we are committed to reviewing our products at pace to ensure we continue to offer you a competitive range. With this in mind, we are pleased to confirm we are taking advantage of some recent changes in the funding markets by reducing rates on a wide range of products across our […]
Barclays Mortgage Product Changes Read More »
On Thursday 27th July, within our retention mortgage range, we’re withdrawing 75%, 85% and 90% LTV bands and relaunching with a 0-95% LTV product with the below rate reductions: 2-year reduced by 0.25% 3-year reduced by 0.30% 5-year reduced by 0.40%. New products will be live on MSO at 8am 27th July, along with our rate
Atom Bank are Changing their Mortgage Products Read More »
Coventry for intermediaries is updating their Residential affordability calculator. They are also increasing the reference rate for Portfolio Landlords, the whole portfolio will need to be stressed at 6.5%. Changes will come into effect on Friday 28 July. To secure your client’s application using their current affordability calculator, or current portfolio reference rate, a full
Coventry Updates Their Affordability Read More »
Aldermore today announces three brand new pledges for its broker partners. The lender’s public display of commitment comes as the broker community continues to navigate ongoing unpredictability in the mortgage market. Chief among these pledges is Aldermore’s promise to offer at least one full working day’s notice of any product withdrawal, as well as guaranteeing
Aldermore Publicly Confirms Three Major Pledges To Support Brokers Read More »
You may have heard a lot about lender and provider fair value statements, some lenders may also have sent those to you, and you are wondering what you need to do with them. You will be pleased to hear that it is the responsibility of the Network to review these for the lenders we have
Lender and Provider Fair Value Read More »
Please see below a snippet from one of our latest case study that you may wish to share with your brokers. Complex income – Professionals with Locum Find out how you can boost your client’s borrowing capacity and income potential with flexible options for self-employed and rental income. Read the full case study here
Case Study from Foundation Home Loans: Complex income – Professionals with Locum Read More »
3-year or 2-year? You decide! New market-leading 3-year fixed rates from just 5.79% Range of options, including for purchases and remortgages. Launching Wednesday 26th July at 9 am. We’ve done it again! As swap rates continue to drop, we’re lowering all our 3-year fixed rates to pass the savings on to you and your customers. Discover our
MPowered Launching New lower 3-year Fixed Rates Read More »
Our refurbishment product is our most popular offering. Here are 6 reasons why: We lend 70% LTV NET day one Interest is rolled, not retained. In addition, we fund 100% of build costs. Drawn in stages, with interest only charged on drawn funds. We lend up to 70% LTGDV. We don’t cap at 65% like most
6 Reasons to use Octane Refurb Product Read More »
Good news – we’ve reduced all rates across our bridging range! With rates now starting at 0.82%, you can view our full range of updated rates by clicking through to our product guide below. Bridging Highlights* Maximum LTV: Bridge term: Loan size: Arrangement fee: Interest basis: DIP Decision: Up to 80% LTV Net Between 6 –
Take a Look at Castle Trust Reduced Bridging Rates! Read More »
Pepper Money new Limited-Edition products have gone live this morning offering reduced rates against our current range. You can find the new range here Limited Edition – Residential Mortgage Products – Pepper Money UK In some cases, rates have gone down by as much as 0.95% and they’re the biggest reductions we’ve been able to
Rate Reductions from Pepper Money Read More »
