Mortgage Product update 24/5/2021
The following updates were completed and are live in SOURCE today: Dudley Building Society Dudley Building Society have updated their 5 year fixed no fee product at 95% LTV product to be available to the whole of their lending area. Furness Building Society Furness Building Society made rate changes to select 2 and 5 year […]
Mortgage Product update 21/5/2021
The following updates were completed and are live in SOURCE today: Accord Accord has launched four New Build products available for New Business up to 90% LTV. Bank Of Ireland Bank Of Ireland has made rate changes and extended end dates to August of their selected years on standard residential products up to 95% LTV. […]
Kickstarting the green revolution
While the COVID pandemic has naturally occupied all of our minds for over a year now, climate change and the steps we can take to do something about it have not gone away. Regardless of where you stand on green issues, I was reminded just how committed the government is to the goal of zero […]
Paragon to exit 2nd charge market
Following a strategic review of their future priorities, Paragon has announce that it will be exiting the Second Charge Mortgage market, concentrating its mortgage business on its core Buy-to-Let activities. Paragon will continue to process the current applications in the pipeline and will accept new applications until 5pm on Friday 21 May 2021. If you would […]
Mortgage Product Update 20/5/2021
The following updates were completed and are live in SOURCE today: Bank Of Ireland Bank Of Ireland has extended end dates on their BTL products to August of their respective years. Barclays Barclays has decreased rates on selected Purchase, Remortgage and EMC Reward products. Just Just has decreased the interest rates of the cashback variants […]
Mortgage Product Update 19/5/2021
Accord Accord has updated their Residential lending criteria surrounding Let to Buy properties. Hinckley & Rugby Building Society Hinckley & Rugby Building Society has refreshed their 2 year discount remortgage only product with a reduced completion fee and an increased maximum LTV. Kensington Mortgages Kensington Mortgages has launched new Select eKo range products which are […]
Kensington to launch the new eKo Reward Mortgage
Kensington will be launching a brand new New Build product from tomorrow – the New Build eKo Reward Mortgage! This is a New Build Purchase only residential mortgage product with £500 cashback payable after completion and is available up to 90% LTV. To qualify for the £500 cashback, properties need to have an EPC rating […]
Mortgage Product Update 18/5/2021
The following updates were completed and are live in SOURCE today: Bath Building Society Bath Building Society has made rate changes to their MIG products and introduced new rent-a-room and shared ownership products. Bath BS has also relaunched their BTL and HMO products for individuals and LTD companies. Foundation Home Loans Foundation Home Loans has […]
Mortgage Product Update 17/5/2021
Accord Accord has withdrawn their current new business BTL range and launched 39 new products. They have also made the following BTL criteria changes: Allow Top Slicing up to 75% LTV. Now lending in Scotland. Lowered minimum ICR requirement for background properties to 145% @ 4.5%. Now allow New Build lending. The maximum LTV for […]
Mortgage Product Update 14/5/2021
The following updates were completed and are live in SOURCE today: Bank of Ireland Bank of Ireland have replaced some products across their residential, HTB and First Start product ranges, and extended end dates to August. Barclays Bank Barclays Bank have reduced interest rates on select residential purchase, remortgage and transfer reward ranges as well […]