ALL LENDER UPDATES

Accord’s new £5k Deposit Mortgage – helping first time buyers buy their first home, faster  We’re excited to announce the launch of our new and innovative £5K Deposit Mortgage. This unique product is designed to help your first time buyer (FTB) clients purchase their first home faster with just a £5K deposit and is available […]

YBS announce a new Buy to Let tracker product, to give portfolio landlords more choice and flexibility in a volatile environment.  Ideal for clients looking for an alternative to a fixed rate! See below for more details. Our new BTL Tracker Key criteria: Variable rate of 6.75% (Bank Base Rate (BBR) + 1.50%) for 3

As of today, Thursday 11th April, Foundation Home Loans have released new rates across our entire Residential range. Residential by Foundation: NEW F1 5 Year Fixed Limited Edition product available up to 80% LTV with a £1,295 fee and max loan amount of £750,000 with a rate of 5.99% REDUCED F1 and F2 Special Fee

UTB relaunch Residential products.  To help explain what it all means. Long story short, UTB base lending decisions on the credit profile of the customer, not the property type or complexity of their income. They have designed 3 new products for our residential range:  Prime Plus This customer is probably coming to UTB because they

West One have made two significant changes this week to their  Buy-to-Let and Residential offering. Buy-to-Let includes new product range, and residential includes launch of Right to Buy and Shared Ownership. Outlined and split below. Buy-to-Let update Introducing the NEW W3 product for Core Standard and Specialist product ranges. The new addition means we have

Virgin would like to tell you about some business-boosting changes coming your way, thanks to improvements we’ve made to our lending criteria. Here are the highlights Below is a summary of the changes made: A first for second incomes – we can now use 100% of income from second jobs, where it has been received for at least 12

In completing a product switch, we acknowledge the time-consuming work that intermediaries undertake in reviewing their customer’s circumstances and providing advice on suitable solutions. To recognise this, we’re delighted to advise that we’ve taken the decision to increase the procuration fee that we pay for completing a product switch to 0.30%. Customers can now be

Recently we had a broker looking to source a loan for a UK National residing in the USA and working for a leading motor car company… It all began when the client received a generous bonus, sparking the desire to diversify his investments. With an astute eye for potential, he set his sights on the UK

As one of our key partners, we wanted to let you know that we’ve made some changes to our buy-to-let product switch mortgage rates. Aldermore re-launched our buy to let product switch rates at 75% to 85% LTV for individual and company landlords with single residential investment properties, HMOs and multi unit freeholds. Find all

Important underwriting tips to help you get it Right First Time  To prevent any delays to your case, Kensington’s mandated underwriters need the following essential documents upon application: Signed declaration Proof of income; Employed clients: 3 months payslips and P60 OR self-employed clients: latest SA302 and corresponding self-assessment tax overview And, the valuation fee needs