Atom shares some Criteria Highlights. High income multiples: 5.5 x with 60K combined employed income, Self-employed client can use share of pre-tax profit plus salary and will get 5.5x income if earning 75k or 100k joint income. Lending on Flats: 5.5x and up to 90% LTV (non-new build flats) with 2 year deals available 90/95% […]
Atom Criteria Highlights Read More »
In July 2023, the FCA’s Consumer Duty rules came into force. Consumer Duty has been described as the ‘biggest overhaul for the UK’s financial services industry in 20 years’. But what actually changed and what have we learned a year on? The FCA introduced ‘The Four Outcomes’: the governance of products and services price and value
COMPLIANCE UPDATE: Consumer Duty – A Year On Read More »
Atom are making some changes to their Prime and retention mortgage products. Prime purchase and remortgage All Prime purchase and remortgage rates are decreasing by up to 0.15%. Prime retention & further advance All 2, 3 & 5 Year: 0-60% LTV rates will be decreasing by 0.10% 60-75% LTV rates will be decreasing by 0.10%
Atom Change Prime and Retention Mortgage Products. Read More »
WestOne are delighted to announce further pricing reductions to our 5 year fixed rates within our Apex 0 range. These new rates will be available for selection within our broker portal from Thursday 20th June. Our improved competitive pricing will mean we have market leading rates across many of our 2,3 and 5 year products.
West One Introduce Market Leading 5 Year Fixed Rates From 6.69% Read More »
As we drive to become the best for brokers and make things even easier for you to place your cases, from Monday 24 June we’re launching a soft credit search as part of our decision in principle (DIP) stage. We want to give you more certainty upfront that your client’s credit file will meet our
Market Harborough New! Soft Credit Search Step Read More »
Attached is Foundation’s HL latest BTL product guide featuring their new BTL F1 2 year limited edition fixed rate up to 75% LTV with a rate of 5.89% and a fee of 1.25%. For limited company, individual, portfolio and non-portfolio landlords. New F1 2 Year Fixed Limited Edition product now available, up to 75% LTV,
New BTL Product – Foundation Home Loans Read More »
We are pleased to announce the launch of our 2024 Life Claims and Benefits report. Our results demonstrate how our products cater to modern risks, provide immediate value and engage members, creating a new category of insurance. As we continue to enhance and protect lives, discover how we supported our members throughout 2023. Our results
Vitality Launch 2024 Life Claims and Benefits Report Read More »
What’s changing? There’s no longer a maximum age across our range of Standard Capital & Interest and Standard Interest Only mortgages. Previously, the limits were set at 85 and 80 years, respectively. We’ve increased the maximum mortgage term: From 30 to 40 years on Standard Interest Only From 35 to 40 years on Standard Capital & Interest Reminder… Standard and Retirement Interest Only (RIO) mortgages: For sole
LiveMore remove maximum Age & Increased Standard Mortgage Term Read More »
Landbay are offering Connect and few select packagers access to a range of Large HMO & MUFB products that offer a 60bps discount on our current range available to the wider market. These products are available for HMOs and MUFBs from 7 bed/unit up to 12 bed/unit. In addition, we have recently loosened criteria with
Landbay Semi-Exclusives – Large HMO / MUFB Read More »
Suffolk BS know that when it comes to rates and ICR stress tests* right now, things are tighter than a container ship squeezing through the Suez Canal. So we’re unfurling some reductions on some of our BTL range, making purchases and remortgages a breeze. We’ve also extended the end dates on the 2-year buy to let
Suffolk BTL Rates Lowered by up to 30bps Read More »
