Just an update Monday 18th March

Just an update

Monday 18th March

This week's headlines:

3 weeks until our Lender Fayre!

The countdown is on to Our Annual Lender fayre on Wednesday 10th April – now just over 3 weeks away!

What to expect during the day:

Hear about Just Mortgages plans

Lender Village (over 40 providers)

Breakout educational sessions

Keynote speeches

Lunch & Refreshments

And at night:

Drinks reception

3 course Gala Dinner

Entertainment

Advisor Awards

And lots more!

If you have not yet confirmed your attendance, simply click HERE to RSVP

Feel free to just attend the day time event if you cannot make the evening event – all are welcome!

Our Conference web app is also now live with full details of the event including booking those all-important breakout group sessions.

Visit HERE Or scan the QR code here:

Protection Provider Webinars coming soon!

Whether you’re a new adviser looking to get up to speed with the latest on each providers’ proposition, or an experienced adviser looking to stay up to date, we have just the thing. Throughout 2024 via our partners, we are again running our popular series of 30-minute provider-hosted proposition webinars, which are CPD approved.

These will run on the last Tuesdays and Wednesdays of March, June, September and November.

This year we are pleased to add Cura to the programme. If your clients have health or occupation challenges yet need protection, Cura are the go to broker to get your clients protected once you have explored all the options on panel. They will explain the way that they advise on personal, business and group protection, within the UK and internationally. Signposting to Cura gives you a big tick on your Consumer Duty as you can say hand on heart that you have done everything possible to get your clients protected.

Take a look at the calendar below. Just click on each link to join the sessions you want. Some require pre-registration and are marked with an ‘R’

Accord enhances its Part and Part criteria for Sale of Mortgaged Property

As part of its commitment to common-sense lending, Accord Mortgages has improved its Part and Part lending criteria where Sale of Mortgaged Property (SOMP) is the repayment vehicle - helping you help more clients.

What’s changed?

• Minimum equity requirement is now calculated at the end of the mortgage term

• Capital and Interest (C&I) component is also included in the calculation

• Allows more applicants to pass their minimum equity threshold and with lower-value properties

What else do you need to know?

• For Interest Only loans, the equity calculation will remain at the time of application

• The property must have a minimum equity of £250,000 at the end of the mortgage term, or £300,000 if the security address is in London (London postcode checker)

• SOMP can be used to cover a maximum of 60% of the value of the property

• Total borrowing remains up to a maximum 85% LTV for Part and Part loans (a maximum of 75% can be on Interest Only with another acceptable repayment strategy)

• Portability and variations for clients who meet this criteria will follow all other standard lending rules

• All other affordability, policy rules and scorecard requirements must be met

• Not available for BTL lending

Your clients can benefit from this change from this change immediately. For more details visit the Accord website.

Hello new beginnings.

Hello. We're Precise

Welcome to the start of our new beginning.

We haven’t just come up with a new logo or a snazzy new marketing campaign; we’re taking the opportunity to redefine what we stand for and how this underpins everything we do.

We know that you’re busy and time is precious, so our promise remains straightforward – to deliver the right products at precisely the right time. Easy peasy.

To kick us off we've rebuilt our website. It's got tools to give you the answers you need, quickly. Fewer words, more functionality.

It’s as plain as that. Everything you need, and nothing you don’t.

Precise. Refreshingly simple.

See the new us

The Mortgage Lender (TML) joins the lender panel

As a specialist lender, TML provide mortgages to the growing number of people underserved by the high street - like the selfemployed, entrepreneurs, people with complex incomes or tricky credit histories, and Buy to Let landlords.

They know that real life is complicated but believe that lending doesn’t have to be.

Their range of mortgages can help first-time buyers, purchasers and re-mortgagers, offering both residential and Buy to Let mortgages with lending in England, Scotland, and Wales. TML’s propositions include Shared Ownership, Interest Only, Large Loans, as well as standard residential, and includes Limited Company, HMO, MUB, Expat and Holiday Short-term Lets along with Standard Buy to Let.

The Mortgage Lender supports advisers with a team approach to dedicated contact, providing a named field and telephone BDM. These duos work closely with the underwriting team. Their underwriters assess each case on its own merits with technology that makes it efficient, whilst allowing advisers to have direct contact with the underwriters on submitted cases.

Landbay webinar - Navigating the future of the UK economy and property market

Host John Goodall, CEO of Landbay, will be joined by Simon French, Chief Economist at Panmure Gordon and columnist for The Times as they revisit the UK's economic climate following the Budget on Wednesday 20th March at 12pm.

Simon will evaluate the enduring effects on economic growth, interest rates, and the property market, offering fresh insights and forecasting the path in our evolving financial environment.

Topics include:

• The Budget

• Latest analysis of inflation trends

• Current outlook for the economy and housing

• A view on the rest of 2024 and beyond

Got a burning question for Simon or John? Just let Landbay know when you register.

Click here to register»