ALL LENDER UPDATES

Vida rates are increasing, submit any pending applications to secure the current rates

Following our relaunch back into the intermediary market in August, we have received an overwhelming response from our intermediary partners and are receiving unprecedented application volumes. As a result, we are temporarily withdrawing a selection of products to protect service levels for intermediaries who have already submitted cases to us.

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UTB launch 80% second charge and residential mortgages

Throughout 2020 we have released a wide range of new products, criteria and digital enhancements to help support the industry. This is all with the intention of helping Mortgage Brokers to write more business, whilst still dealing with the challenges presented by Covid-19.
In line with this principle of all being-in-it-together, I am pleased to confirm the latest positive changes to our Second Charge Loan and Residential Mortgage products, which are immediately available in the Portal:

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DUDLEY Reintroduce interest-only resi, and increase products available at 80%

We are delighted to inform you that we have made further changes to our product range.
Our current range of fixed-rate residential products are being replaced with a new and increased 80% LTV range. We are also reintroducing our interest-only product offering and are launching a new discount for term product.
For full details of our lending criteria, please see our intermediary manual…

DUDLEY Reintroduce interest-only resi, and increase products available at 80% Read More »