Salt has launched a range of buy-to-let mortgages to the intermediary market. Following its self-cert and sub-prime ranges, Salt is offering a three-year fixed rate buy-to-let at 5.60% and a three-year base rate buy-to-let tracker at 5.75%. The buy-to-let range offers rates at up to 90% LTV with a rental cover requirement of 115%.
Finally, after much speculation, the announcement came last week. Following in the footsteps of Partnership Home Loans and Retirement Plus, Stonehaven became the third provider to join equity release body Safe Home Income Plans this year.
The Council of Mortgage Lenders has urged the government to increase support for mortgage borrowers who fall into payment difficulties and renew its commitment to sustainable home-ownership.This it says would enhance the safety-net for home-buyers and minimize the numbers of arrears and repossessions.In its pre-Budget report, the CML points out that more than half the […]
By Craig Paterson, Underwriting and Claims Philosophy Manager, Royal London Hard-hitting headlines “Dying mother of two is refused life insurance payout.”1 “What a way to treat a dying man: Grandfather refused life insurance claim.”2 “A widow betrayed by a life insurance company.”3 With headlines like these, it’s no wonder some consumers don’t trust providers. Trust […]