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Mortgage Advice Bureau (MAB) has become the official mortgage broker for the First Homes scheme pilot at the Keepmoat Homes Meadow View development.


This includes the bank’s Mortgage Guarantee Scheme rates at 95% LTV.


A total of 53% of borrowers increased their loan size and 53% of those who remortgaged took out a 5-year fixed rate product, which was the most popular product length.

steve cox fleet mortgages

The lender is offering a specific product range to LLPs, in conjunction with its existing proposition for limited company borrowers.

95 ltv Mortgage Guarantee

The range will be available to those looking for their first home as well as new customers who are moving.

Nick Morrey John Charcol

Morrey said: “Lenders will not divulge exactly why they have said ‘no thank you’ to the scheme, but ultimately it means they have far more control over the whole transaction with regards to pricing and criteria.”

Here’s why it will hit low-income first-time-buyers the hardest.

Yorkshire Building Society YBS

The mutual will offer the mortgage to homebuyers from 19 April, and will not use the government’s mortgage guarantee scheme.

From Tuesday 20 April 2021, people looking to buy a new home can apply for one of three products, which are fee free and include a free valuation.

In comparison, by week 12 of 2020, Twenty7Tec had produced 925,610 mortgage documents.