Buy to Let Stress Rate Changes from TMW
The Mortgage Works have changed selected Buy to Let stress rates as follows:
Hinckley & Rugby’s mortgage first aid for medics
Hinckley & Rugby Building Society has introduced bespoke mortgages with enhanced criteria for medical professionals, recognising their future earning potential and varying career patterns.
Our Packager Panel offers more than you think!
Our packager panel can help you with all aspects of the mortgage market including access to specialist lenders.
The Growth Series from Accord is now all in one place
In November Accord launched the Growth Hub. This pulls together all the Growth series material in one place for future reference.
Do your landlord customers need to improve their properties?
The latest factsheet from Precise looks at the Energy Performance Certificate and how Precise Mortgages’ new Refurbishment Buy to Let proposition could help landlords who need to improve their properties to meet the Minimum Energy Efficiency Standards.
Reduce the Stress for your Self Build Customers
With a self build project, there's rarely a day when there aren't bills to be paid and if the funds aren't available at the right stages of the build, delays are inevitable and often costly.
Tipton enhance their Buy to Let criteria
The Tipton is committed to helping landlords regain momentum after recent cuts to BTL tax relief. As part of this commitment, they've recently enhanced their BTL criteria:
Later Life Lending just got better with Newbury BS
Newbury Building Society have announced they are increasing their upper age limit for mortgage lending to 90 with immediate effect, meaning that for new mortgage applications the term will be allowed to run until the borrower's 90th birthday.
Buckinghamshire increases the number of countries that are acceptable for L&G exclusive ex-pat BTL from 25 to 60
Having initially launched their ex-pat BTL with 25 countries, it has become apparent from feedback from Intermediaries that this was limiting the opportunity to lend to those people living abroad but wished to purchase in the UK for BTL purposes.
Helping your new build customers complete this year
This is a key time for new build buyers looking to complete on their home by the end of the year. To help your cases complete in time, send Virgin Money your fully packaged new build applications by 13 December 2018.
Second charge mortgage market reports volumes up by 8% in August
Commenting on the August 201¬8 new business figures for the second charge mortgage market, Geraldine Kilkelly, Head of Research and Chief Economist at the Finance & Leasing Association (FLA), said:
Bridging finance is growing – but will this continue in 2019?
You may have noticed an increase in the demand for bridging finance. But did you know that 3 in 5 brokers see this continuing next year?
Shocking statistics describe a mortgage industry that's 'not fit for purpose'
A study by specialist lender Together has found that borrowers are being let down by mortgage providers, with 54% of applicants denied for a loan for reasons that could be considered 'normal' by most people.
Couple used a lifetime mortgage to repay an overdue interest only mortgage
A later life lending case study from Brightstar
The interesting case of the historical student credit card
Katie and Phil wanted to buy their first home. They had good incomes and a 20% deposit through savings and an inheritance.