Bank of Scotland has launched five buy-to-let products with rental income calculations based on 100% of the initial product pay rate. The range includes a two-year tracker at base rate plus 0.21% and a two-year fix at 5.99%, both with LTVs of 85%.
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The Mortgage Works has increased the maximum LTV for non-status rental calculations from 70% LTV to 75% LTV on all buy-to-let products.The specialist lender has launched seven- and 10-year fixed rate mortgage products, with rental calculations at 110% of pay rate up to 85% LTV, together with procuration fees of 0.60% and 0.75% respectively. In […]
Woolwich is making a marked effort to rejuvenate its position in the lending market and its strategy is showing signs of success.
Mortgage Intelligence has launched an online service that gives its app-ointed representatives the chance to have customised websites.Each website will be custom-built to members’ branding specifications and will include a jargon buster, a mortgage calculator and contact forms for clients to leave their details.Sally Laker, managing director of MI, says: “Today it is essential for […]
Mortgage and loans brokerage More Finance has launched an initiative to buy a tree for every new mortgage and secured loan that completes in June and August.David Brackley, managing director of More Finance, says: “We wanted to create an initiative that would give something back to the environment. “However, we didn’t just want to pay […]
We know what it takes to run a successful auto-enrolment project in the retail industry. We are automatically there for some of the world’s best-known retailers at every stage of the process. Take a look at what we have done for our client House of Fraser.
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