Just Mortgages and Just Wealth have surpassed 750 referrals through the new Just Refer portal. The platform was launched in September to support brokers in referring clients to Just Wealth for advice on pensions, savings, investments and protection. It is also used within Just Mortgages to connect clients with a qualified broker to discuss equity release, commercial advice or business protection. By using the Just Refer portal, brokers are able to deliver a broader service to their clients, while generating additional income. In line with growing demand, the portal has been recently upgraded to streamline the referral process and deliver greater intelligence to both brokers and advisers.

NatWest has announced a number of rate changes across its residential purchase and remortgage products. The largest rate increase is a two-year tracker purchase product at 60%, increasing by 40 bps to 5.79%. This product also comes with a £995 fee. Five-year fixed rate purchase products have seen rates drop by between one and seven bps, with the lowest rate starting from 4.19% at 60% LTV. Five-year remortgage products have also been reduced by up to 24 bps, with the largest reductions being made to 90% LTV products, starting from 5.24% with a £995 fee or 5.30% fee-free.

Spring Finance has announced the release of a 1st charge residential remortgage product, following a successful pilot launch in November 2023. The product range offers loans up to £100,000 and 75% LTV. The lender has also added a HMO and Airbnb product to its existing 2nd charge buy-to-let product range as well as simplifying its eligibility criteria for self-employed applicants. The changes come following a record month of lending in which the specialist lender also increased the size of all three institutional funding lines and appointed several new starters across the business.

---