Mortgage and Insurance Blog

Date - 25th November 2021

Written by Richard Johnson


Hello again readers,

I hope you are all keeping safe and well and if you need any assistance with your mortgage finance or insurance needs, please feel free to email / call me and I will be happy to help.

It has been a busy week in the interest rate world this week with Accord, West Bromwich, Nottingham, Nat West, Leeds, Furness, Hodge, Scottish, TML and Saffron have all announced recent changes.


In criteria news, Accord makes amendments to the minimum background income level on their BTL range.

Newbury will now allow HMO property lending.

Foundation makes changes to their income multiples.

Santander will lend on Grade 1 property


In wider news, Kensington Mortgages has placed a £452m package of mortgage-backed securities in the wholesale financial markets. The specialist lender says its Finsbury Square 2021-2 bond was oversubscribed, with senior and mezzanine tranches sold to 26 different accounts. Senior debt was priced at 80 basis points over the sterling overnight indexed average. The deal will raise £463.7 million for the firm, which it will use to support complex lending and underserved borrowers.



In Insurance news, in a recent report from the AMI, nearly half, or 40% of borrowers aged 18 to 34, said they would consider income protection following the pandemic. This is nearly twice as many, at 19%, of the 35 to 54 years old cohort and 10 times as many as those aged 55 or over, of which 4% replied in the affirmative. Additionally, the younger age group believes that income protection is ‘just as important’ as buildings insurance.


If you need help looking into the wordings and definitions of a new plan, please feel free to get in touch and I’ll be happy to help arrange the new cover.


All the very best,


Richard Johnson

Cert CII (MP), CeCM, AdvCemap, CeRGI

Mortgage and Insurance Consultant.

Mobile Phone ; 07881802962

Office : 0208 245 8464 direct dial

Email :



2021 BLOGS





15th January 2021

21st January 2021









08th February 2021

17th February 2021









  03rd March 2021

10th March 2021




06th April 2021

 22nd April 2021


28th April 2021




05th May 2021

12th May 2021

26th May 2021








02nd June 2021

21st June 2021

29th June 2021










07th July 2021

14th July 2021

21st July 2021

28th July 2021







04th August 2021

11th August 2021

18th August 2021

25th August 2021


22nd September 2021

28th September 2021





05th October 2021


12th October 2021

11th November 2021



Back to the HOME page



  2020 BLOGS 08th January 2020

2019 BLOGS

11th December 2019