Criteria enhancements – with immediate effect Five new foreign currencies accepted including Saudi Riyal and Australian Dollar. Plus… flats up to seven storeys and the acceptance of non-court ordered maintenance. What’s new in full? NEW currencies Saudi Riyal Australian Dollar New Zealand Dollar Swedish Krona Danish Krone. We’re now accepting these for resi, expat resi, […]
suffolk BS Exciting Criteria Changes Read More »
With Mortgage Fraud a constant threat, we wanted to share some of the trends our Compliance team has seen recently. Employment Fraud A common type of employment fraud we have seen in the industry is inflated salaries whilst working for a family business, this is something that lenders look very closely at. This is
Mortgage Fraud – Tips to help you spot fraud Read More »
VERSIONS 4.6.6 & 4.6.7 ARE LIVE! We are constantly working to improve your OMS experience. Here is a summary of what has changed with this update. New Integration – Smoove We are now integrated with the Smoove’s conveyancing platform. This allows you to select a quotation type, produce quotations (including a PDF version), and then
OMS Release Notes – Versions 4.6.6 & 4.6.7 Read More »
“What about pipeline quotations? For any Paymentshield Home Insurance quotes currently in Adviser Hub, here are the dates to be aware of: All existing Home Insurance quotations and pending policies will expire on midnight 30 April, if not submitted by this date. Please check with any impacted clients in good time to see if they want
Paymentshield – Launch of our new Home Insurance Read More »
We’re delighted to announce we have launched our Shared Ownership (purchase only) proposition as well as a Large Loans & Interest Only range. These new product ranges provide further opportunities to help your clients who may have either a smaller deposit or are looking for greater flexibility with how much they can borrow, as well as more choice when
TML – Large Loan, Interest Only, Shared Ownership E Read More »
As of Thursday 15th February, Foundation Home Loans have improved affordability for shorter term buy-to-let products by lowering their notional stress rate from ‘the higher of 8% or pay rate+2%’ to ‘the higher of 6% or pay rate+2%’ (Fixed rates of 5 or more years continue to be calculated at the pay rate). Foundation Home Loans now
Foundation Home Loans – Large HMO With 10 Rooms Now Up To 75% LTV Plus New Stress Rates! Read More »
With our latest products and criteria, there’s a whole lot to love. Let’s see what you can couple your client up with… For first-time buyers Is their first home love at first sight? We’ve made it easy to secure the property they’ve set their eyes on. We can accept gifted deposits and have cashback options
MPowered Find Your Client’s Mortgage Match with MPowered Read More »
Providing more options for you and your clients Our close relationships with lenders paired with our experience in complex cases, means we’re able to access semi-exclusive products. As an InterBay Select partner, these are some of the products on offer to provide more options to you and your clients: Bridging products including developer exit, commercial
Interbay, Access to Semi-Exclusive Commercial, Semi-Commercial & Bridging Products Read More »
Reliance Bank Ltd are excited to announce the launch of our NEW Shared Ownership Mortgage Product Range to both the Intermediary market and Direct Channel with rate reductions across the board. Product Name Term LTV % Fee or No Fee Old Rate (Jan 2024) New Rate (Feb 2024) Amount of Reduction £ Cash back Shared Ownership
On Tuesday 13th February at 5:30pm we will be withdrawing our core range 2 year fixed rate residential products. Our 2 year fixed Specials and all 5 year fixed products will continue to be available. Any DIPs on the current products will need to be submitted by 5.30pm on Tuesday 13th February which will secure
Residential By Foundation Product Withdrawal Notice Read More »
