Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Metro Bank Update

Metro Bank have announced a broker update, available below.  Contact us to see how we help brokers like you across the UK, Alternatively please refer to our Mortgage Lending Criteria Guide and Product Guides.

Announcement

JOINT BORROWER, SOLE PROPRIETOR UP TO 95% LTV

Our new 95% LTV residential 2 & 3 year fixed rates start from 3.69% and are available on our Joint Borrower, Sole Proprietor mortgage. Use our new residential calculator to find out how much we could lend your customers.

JBSP highlights
  • Up to four applicants on the mortgage, with a minimum of one applicant on the property deeds
  • Income can be accepted from up to 4 applicants at full income multiples, subject to affordability
  • Maximum age 80 considered (mortgage term based on the oldest applicant)
  • Gifted deposit from an immediate family relative can be accepted
  • Interest only and repayment options available (maximum LTVs apply)
JBSP case scenarios
  • First Time Buyer – parents helping their children who may find it difficult to raise a deposit or secure a mortgage based on their income alone.
  • Children helping their parents – for older borrowers whose circumstances have changed and they now require the support of a family member to continue to live independently in their own home.
  • Separation scenario – if your customer is separating and wishes to remain in the property and buy out their former spouse, but may have insufficient income to support a mortgage in their own right at the time of separation. 

For full details, please refer to our Mortgage Lending Criteria Guide and Product Guides.

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