Jason Neale, managing director at Quantum Mortgages, said: “Although common sense, human underwriting is at the heart of our proposition and we wanted to combine this with the very best and latest technology to create a unique experience for intermediaries and their clients.”
The calculator is available on the Scottish Building Society website for intermediaries to use.
LIBOR is currently based on submissions provided by a panel of banks, mostly based on estimates intended to reflect the interest rate at which banks could borrow money on unsecured terms in wholesale markets.
Carlos Thibaut said: “Following the illustrious David Thomas as chair of the Society of Mortgage Professionals will be a considerable challenge but one that I’m looking forward to.”
Launched in May this year, CAR is an early-warning system, exclusively-available to Stonebridge appointed representative (AR) firms and their mortgage advisers.
TMA brokers will now have access to The Cambridge’s range of products, including Help to Buy, shared ownership and its 95% loan-to-value (LTV) mortgages.
Launching Cura Financial Services to the network enables The Openwork Partnership advisers to help clients with specialist protection needs get access to the life, critical illness, and income protection insurance they need.
The changes include increasing the maximum loan amount from £1m to £5m, and reducing rates by up to 0.26%.
The tool has been available to some customers for a few months in beta mode, and will now be available to anyone using the lettings platform.
There are nine awards across three categories, covering learners, agents, employers and training providers from across the country.