Withdrawn Product Guide Released on 

7th May 2008 

Please Note the following

From 1st June 2008 TMB do not pay a procuration fee

for cases placed on SVR.

   Please note that the New Product Guide

is available on the Porthole.

Withdrawn Product Guide Released on 

 12th May 2008

Previously announced change to the Lenders Criteria

Buy to Let Range...
 Pay rates remain the same
 End dates extended to 30th September

Residential Range...

Pay rates increased by 0.20% on all Residential products
 End dates extended to 30th September

   Please note that the New Product Guide

is available on the Porthole.

SMS Bring you a new Prime 90 Semi Exclusive product in association with Kensington.

Product highlights

The Product is only available on a Direct* basis

2yr Tracker from 7.49%

3yr Fixed from 7.39%

HLC Free

*When selecting this product from the Kensington website, Please select app@sms as you preferred payment route.

There is only a limited amount of funds for June, so get your cases submitted as soon as possible, remembering to select app@sms as your preferred payment route.

Remember

Funds must be booked on all Kensington cases please use the usual route for funds booking.

   Product Guide is available now via the Porthole.

Beacon Homeloans Criteria Change Notification.

• An increase of 0.75% across the board on the 2yr & 3yr fixed rates
• A reduction in the 2 yr Discount from 1.90% to 1%
• Completion fees on all products increased to 2%, with the enhanced fixed rate completion fee increased to 2.50% - these fees can be added to the loan (max 80% LTV inclusive of fees)
• A reduction in the revert rate loadings by 0.10%

A new product guide will be issued to shortly with all changes highlighted in red.

All applications on the old rates/criteria need to be fully packaged and with your local SMS Office by close of business on Tuesday 24th June 08.

This also applies to applications Beacon have already received but are awaiting further information as these too will need to be closed out - please ensure the outstanding information is with an underwriter by close of business on that date (KFI's on the new rates will be available on our website from Monday 30th June 08)

Whilst writing may I remind you that our present turnaround time from approval of offer to offer production is 7 working days (subject to quota), and with regard to completions that 5 working days notice of the proposed completion date is required. Please also note that funds will only be released when all original documents are in the possession of Beacon Homeloans and/or BLegal.

If you have any queries on the above please contact your local SMS Office

Platform product re-price

Re-pricing of the current Platform product range with effect from close of business Friday 20th June 08.

New products will be available from Monday 23rd June 08.

Pipeline deadlines

clickdecision and kfis
All current products will be withdrawn from the Porthole & Platform website and all sourcing systems at close of business on Friday 20th June 08.

Packaged applications
All packaged applications must be received at your local SMS office by 5pm Wednesday 25th June 08

Applications must have a clickdecision, be fully packaged and accompanied by all items on the SMS/Platform shopping list.

If you have any queries regarding the above contact you local SMS Office

Product Refresh

TMB will be launching a selection of products on Saturday 21st June08.

To prepare for this launch, the products listed below will be removed at

midnight on Friday 20th June 08.

Important Pipeline Information

To take advantage of these rates please forward a FULL APPLICATION by close of business on Friday 20th June 08.

Please ensure you submit a full application, which must include property details, ensuring you have confirmed that a KFI has been given to the applicant(s).

If you have any questions regarding this Product Withdrawal Notification, please get in contact with your local SMS Office.