Sharon Van Loenen

The months are flying by, and our year-to-date is very strong. The first 3 months of the year saw a record number of enquiries, however, our conversions were slightly down, which was due to many factors such as government changes and worldwide political uncertainty. As the year moves on, it is predicted that business confidence […]

From today we’ve reduced our affordability stress rates that will enable your clients to borrow more. On average, up to £28,000 more. The stress rate reduction will help all buyer types: First time buyers, including those eligible for Helping Hand. Home movers, both new and existing customers. Clients remortgaging to us, especially those not increasing their borrowing.

Great news – our standard residential solutions now cater for borrowing up to £3m, including expat scenarios. This means that many of your clients looking for a solution between £2m and £3m can now take advantage of a lower rate, along with a lower fixed product fee for UK cases. And don’t forget, we also offer larger loan solutions for cases from £3m to

At Central Trust, we recognise that lending isn’t always straightforward — especially in emotionally complex cases like divorce. In this case, the applicants needed £74,000 — the majority to pay a divorce settlement and the rest for debt consolidation. Our client was settling any interest his ex-partner had in the property. We worked closely with both the broker and the

At Mercantile Trust, we allow up to 4 applicants per loan — making it easier for your clients to pool resources, boost affordability, and expand their property ambitions together. Whether they’re financing multiple buy-to-let properties or using bridging finance for short-term opportunities, we’re here to help you and your clients move forward with speed, clarity,

Since launching MSO, Coventry for intermediaries have been busy making improvements to its capabilities.  And from today, all new customer (residential and BTL) mortgage business should be submitted through the platform. This means brokers should no longer submit new cases using the ‘existing customer business’ system If they do, it’ll be cancelled and need to

We’ve reduced our affordability stress rate across our Resi, Resi Retire and RIO product ranges to support more customers onto the property ladder  What’s changing? As we’re in a rate reducing environment, we’ve reduced our affordability stress testing and eased the calculations to help more borrowers achieve their mortgage aspirations. How will that help your clients? The change will unlock nearly

Co-operative bank are delighted to confirm that yesterday they implemented the first of many changes on some key criteria as a direct result of broker feedback.  Details below but everything is now live on the website and all our teams have been advised for processing. Increase to 95% LTV on second hand flats – was 90%