ALL LENDER UPDATES

Did you know that the level of self-employment is on the rise in the UK? According to ONS data, by the fourth quarter (Oct to Dec) of 2019, there were more than 5 million self-employed people in the UK

Yes, you read that right, as of Wednesday the 24th June our award winning 95%* Family Mortgage is returning to the market along with some other product improvements to help you and your clients.

We’ve been speaking with Precise Mortgages one of the UK largest specialist mortgage lenders regarding how Connect advisers could hear and see what Precise Mortgages are doing to support our advisers through these unprecedented times. In this short webinar Jonathan Mann Key Account Manager at Precise Mortgages will cover:

On Tuesday 23 June, we’re making reductions of up to 0.15% on selected remortgage fixed rates at 60% and 75% LTV. We’re also increasing 85% LTV fixed rates by 0.05%.

Daily product update can be found here…

UTB has been approved by the British Business Bank (BBB) as a lender under the Coronavirus Business Interruption Loan Scheme

New product codes issued and end dates extended to end 31 October 2020.

We have now introduced a new lower rate on our BTL range. The starting rate is now 4.99% per annum with 1% deferred, giving a pay rate of 3.99% per annum!

I’m delighted to attach the latest edition of our newsletter with revised of revised LTV ratios

The next Kick Start the Week will be with Allica Commercial Bank this Monday – Have you heard of them?