Brilliant Solutions

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In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Product Blast w/e – 28 May

By / 27th May 2021 / Product Updates

Product Blast sponsored by Interbay

Update Overview

This week sees a number of lenders introducing and relaunching products.  These include Fleet’s new Limited Liability Partnership product range, Harpenden’s new joint borrower sole proprietor products, Precise’s relaunched BTL range with the return of top slicing and the introduction of lower rates, refunded valuations and cashback and Virgin’s new Greener mortgages just to mention a few.  In addition to these we are seeing new higher LTV products being relaunched along with price refreshes many of which brings rate reductions.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL, RESI CHANGES - to application & documentation submissions. Criteria amendments. Rate changes to a selection of product transfer and additional loan products for residential & BTL. Some product withdrawals.
Aldermore RESI REDUCTIONS - across selected rates
Barclays BTL, RESI REDUCTIONS - across a range of products including 95% LTV mortgage guarantee scheme.
Chorley RESI CHANGES - withdrawal and amendments to a selection of products
Clydesdale RESI CHANGES - reductions on select 85% LTV products. Withdrawn 90% LTV FTB 2 yr fixed product
Coventry RESI CHANGES - product refresh. New 2 yr & 5 yr fixed rate 95% LTV products added to range
Dudley RESI CHANGES - postcode restriction removed from 95% LTV product
Fleet BTL NEW - Limited Liability Partnership products launched. New criteria
Furness RESI CHANGES - to selected 2 yr & 5 yr fixed rate products
H & R RESI REDUCTION - to 2 yr & 5 yr fixed rate 95% LTV products
Harpenden RESI NEW - joint borrower sole proprietor products launched
Keystone BTL CHANGES - reductions to selected rates. Introduced cashback on larger loan products
Leeds BTL, RESI REDUCTIONS - across a number of products
Nationwide RESI NEW - 95% LTV products reintroduced. Reduced rates across various product ranges
Natwest RESI CHANGES - increases to the max LTV for remortgages with out debt consolidation
Paragon BTL NEW - 5 yr fixed portfolio products launched
Precise BTL NEW - rates launched starting from 2.99% with refunded valuation, cashback and top slicing available
Principality RESI NEW - first time buyer products launched
Saffron RESI INCREASES - to rates on selected products
Santander RESI CHANGES - rates changes to selected fixed and tracker rates up to 90% LTV
Skipton RESI NEW - 2 yr fixed shared ownership purchase only product & 2 yr 90% LTV product launched
Tipton RESI NEW - 95% LTV products launched
TMW BTL CHANGES - to rates for a number of products
TSB BTL, RESI CHANGES - reintroduction of 95% LTV products. Reduction to selected residential and BTL products
UTB RESI NEW - first charge 85% LTV 0 status products and second charge 85% LTV 0 status and 80% LTV 2 status products launched
Virgin RESI CHANGES - New Greener mortgages launched. A selection of rates reduced. Withdrawn exclusive 90% LTV 2 yr fixed rate product
West One BTL, RESI CHANGES - reduced rates on Apex 1 & increased LTV. Criteria changes to second charge product ranges.
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    01792 277 555

    INTERMEDIARIES ONLY

    Office Hours:  09:00 – 17:30 Monday – Friday

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