You are here: Home - News -

Legal & General Mortgage Club refreshes MMR matrix

by:
  • 06/03/2014
  • 0
Legal & General Mortgage Club refreshes MMR matrix
Legal & General has updated its MMR matrix to include Metro Bank ahead of preparations for the new regulatory regime.

Metro Bank has announced a new application form is in circulation, which includes the updated affordability section.

The matrix is designed to make it easy for brokers to track what has been announced as lenders make their preparations for the MMR. It includes information such as communication dates, links to helpful material and pipeline information.

You can view the MMR matrix HERE.

Jeremy Duncombe, director, Legal & General Mortgage Club said: “Following the successful launch of our ‘MMR matrix’ last month we have updated the document so that it reflects the latest developments. We will aim to keep updating the document over the next few weeks to make sure brokers are getting the information they need ahead of the MMR.”

 

Mortgage Market Review snapshot

Lender

Date of MMR communication
Accord 29/03/14
Aldermore Beginning of March
Coventry BS Ongoing
Halifax W/C 03/03/14
Kensington 01/02/14
Metro Bank Late March
Natwest Mid-February
Newcastle BS End of February
Nottingham BS W/C 10/02/14
Precise For Launch
Principality BS End of February
Progressive BS Ongoing
Santander 31/01/14
Skipton BS 27/01/14
Teachers BS Late February/Early
Tipton and Coseley BS End of March
Virgin Money End of January

Related Posts

Tags

There are 0 Comment(s)

You may also be interested in

Read previous post:
two men shaking hands
Registration opens for FSE Manchester

Registration has opened for Financial Services Expo (FSE) in Manchester in May.

Close