Smartr365 will be hosting a SmartrConnect webinar on the 10th December.
This interactive session will walk you through the easy steps to get started with SmartrConnect and show you how it can save you valuable time in case processing. Please see the below link to register.
Tuesday 10th December 2024 at 1:30pm – click HERE to register
For those unable to attend, the session will be recorded and will be added to our weekly A-Z communicator.
As a reminder, SmartrConnect allows the submission of DIPs for the following lenders.
Natwest
Halifax
Barclays
TSB
Accord Mortgages
Leeds Building Society
Aldermore
Darlington Building Society
Smartr365 look forward to you joining them and showing the tremendous benefits of using SmartrConnect.
They are on the lookout for qualified* candidates who are interested in maximising their earning potential and growth.
From now until the end of January 2025, their usual referral bounty has been doubled from £1000 to £2000 (£1000 payable upon authorisation, further £1000 after 6 months)
What better way to start 2025 than with some extra money in your account!
Referring is easy. Simply click on the link HERE and Just Wealth will do the rest.
*Must hold CII Diploma in Regulated Financial Planning or similar industry recognised qualification.
Magic Moments Charity Golf Day – 3rd April 2025
Join us on Thursday 3rd April 2025 (the day after our lender fayre) for a day of golf and fun, with a great cause in mind.
Being held at the prestigious Forest of Arden Hotel & Golf Resort, this is one for any golfer not to miss!
The cost of entry is £75 per player, with a contribution going to Magic Moments. Fun prizes will also be on offer including longest drive and nearest the pin!
Spaces are now very limited, so If you would like to take part, simply email ben.allkins@justmortgages.co.uk
Did you know?
Royal London can boost the amount of cover offered on Income Protection applications for self-employed clients, they can include certain regular fixed overheads when calculating their maximum income –and your employed clients can include things like dividends, a nominal spouse salary and P11D benefits.
Royal London offer a fully interactive presales underwriting tool that covers over 3500 conditions. Advisers tell us that this saves them time and allows them to position underwriting outcomes with their clients. Royal London’s Underwriting Tool - Royal London for advisers
Royal London Can potentially cover a client who has had stage 1A breast Cancer over 3 years ago on standard terms for Life cover and Income Protection.
Tis the Season to be jolly?
Often represented as “the most wonderful time of the year”, but for many, the festive season can be difficult.
54% of people get worried about the mental health of someone they know at Christmas
26% of people say Christmas makes their mental health worse
Traditionally it’s a time of celebration, eating, drinking, spending time with family and friends, and generally enjoying the festive spirit. However, for those who struggle with a mental health condition, the yuletide season can be especially difficult. Whether it’s the financial strain that accompanies gift buying, the cold and dark winter nights, or the reality of spending Christmas alone, there can be a number of triggers for mental health problems during the holiday season.
First of all, it’s important to recognise that if you’re struggling over the Christmas period, you're far from alone, mental health issues at Christmas affect more of us than you might think…
Reasons for struggling at Christmas:
You have support if you need it
Don’t forget you have your *Wellbeing Assistance Programme, its there whenever you need it, 24 hours a day, 7 days a week, 365 days a year. Call them anytime by calling 0800 917 6470
BM Solutions increase Portfolio Limits
BM Solutions have increased the number and total portfolio value of Buy To Let (BTL) or Let To Buy (LTB) mortgages customers can have with Lloyds Banking Group. This consists of Bank of Scotland, Birmingham Midshires, TMB, Halifax, Intelligent Finance, Lloyds Bank, C&G and Scottish Widows.
Key information – The following will apply to the portfolio limit change:
• The maximum number of BTL / LTB mortgaged properties with Lloyds Banking Group allowed increases from 5 to 10.
• The maximum permitted total value of a BTL / LTB mortgages with Lloyds Banking Group increases from £3 million to £5 million.
• No changes to the overall portfolio limit of 10 properties in total with all lenders.
• New limit also applies for customers applying for further advances. This change will enable BM Solutions to support more landlords in the changing private rental sector, in particular the growing market of professional landlords.
Support – For more information, please visit their website.
Newcastle Building Society Increase Proc
fee for Product Transfers
What does that m
Newcastle Interm in helping clients achieve the best outcomes when their mortgages mature. That’s why, starting immediately, Newcastle is increasing the proc fee for all product transfers to 0.3%.
This change applies to all product transfers, including those already in progress, ensuring you’ll benefit from the new rate no matter where you are in the process.
Why
transfer with Newcastle?
It’s quick and easy with Newcastle’s online product transfer tool.
Apply online; no need to send any paperwork. Secure a new rate ahead of maturity for your clients (and if rates fall, you can switch them to a different rate). Exclusive rates for existing customers.
Aldermore are backing more of your clients to go for it
Aldermore has made system changes aimed at enhancing their affordability assessments and helping you to secure a mortgage for your clients.
Aldermore know the challenges faced by residential homeowners and landlords, recognising how important it is for your clients to make the numbers add up on affordability. It’s a topic that Aldermore constantly discuss with their broker partners and the feedback they’ve received has been really valuable when finding ways to maximise borrowing.
They’ve made system changes aimed at enhancing their affordability assessments and helping you to secure a mortgage for your clients.
You can use their affordability calculator to see how much your client could borrow:
Day one buy to let remortgage
Did you know landlords can now apply to remortgage their buy to let properties to Aldermore the day after purchase? Helping your landlord clients quickly change their finance model to better suit their needs. To find out the key product features, and see some case study examples take a look at Aldermore’s guide
For more information on how Aldermore can help with your mortgage cases, please visit their website: aldermore.co.uk/intermediaries/mortgages or contact your Business Development Manager.
