Sharon Van Loenen

Coventry Updates Their Affordability

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

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Aldermore Publicly Confirms Three Major Pledges To Support Brokers

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

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Lender and Provider Fair Value

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

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Case Study from Foundation Home Loans: Complex income – Professionals with Locum

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

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Rate Reductions from Pepper Money

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

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Kick-Off the Week with Kensington Monday 31st July 2023, 9.30am -10.15am

Funding Challenges and Support of the Specialist Market Adam Sheldon National Account Manager and Scott Leach Business development Manager at Kensington will join Kevin at next week’s Kick-Off Meeting at 9.30am, Monday 31st July.  Adam will talk about some of the funding challenges, what their capital markets team are seeing, what may happen moving forward as result before handing over

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