Brilliant Solutions

Product Blast w/e 26 November 2021

Update Overview

This week, we can see plenty of new products and ranges being launched. A lot of lenders such as Accord, Hinckley & Rugby, OneFamily, Suffolk & West One continue to enhance their criteria. 

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI CHANGES - Residential & BTL NB ranges withdrawn & replaced, end dates extended. BTL minimum income requirements removed. Two 90% LTV Offset products launched
Bank of Ireland RESI NEW - 5 new First Start products launched
BM Solutions BTL CHANGES - end dates extended & rates increased on select purchase, remortgage & let to buy products
Foundation RESI CHANGES - professional mortgage range launched & rates lowered on select residential products
Furness BTL CHANGES - rates increased on a 5 yr fixed no fee product at 95% & two 2 yr fixed products withdrawn
Gatehouse BTL CHANGES - rental top-up restrictions made across BTL International products
Halifax RESI CHANGES - in rates to select products across intermediary ranges & end dates extended
Hodge BTL REDUCTIONS - to select rates within the HBTL range
H&R BTL RESI CHANGES - BTL Larger Loan Mortgages released, changes made to max loan sizes & Loan to Income multiples on standard products
Just RESI REDUCTIONS - in rates on J2.5, J3, J4, J6 & Green LTV Series
Kent Reliance RESI NEW - Residential mortgage products launched
Leeds RESI CHANGES - selected residential rates withdrawn. 95% new business Residential Mainstream products available for carbon offsetting
Nationwide RESI INCREASES - to interest rates across several ranges
NatWest BTL RESI CHANGES - Green BTL products launched, rate increases & reductions across several ranges
Newbury RESI CHANGES - select end date extensions made & new product launched
Nottingham BTL RESI NEW - Resi & Limited Company BTL products launched
OneFamily RESI CHANGES - added 2% cashback, higher LTV's introduced & interest rates reduced
Paragon BTL NEW - portfolio products launched with improved interest rates & fees
Precise BTL RESI NEW - Residential, Help to Buy, DMP Product & Limited edition BTL mortgages launched
Saffron RESI CHANGES - select rates & end dates updated across FTB, Owner Occupied, Retro Fit & Self Employed products. 7 products launched across these ranges & 4 withdrawn
Santander BTL RESI NEW - new business & product transfer ranges relaunched
Scottish Widows RESI CHANGES - refreshed interest rates on select remortgage products
Suffolk BTL RESI CHANGES - criteria updated for ASTA's, overall indebtedness & family applications
TML RESI NEW - mortgage range released- RLO
TMW BTL NEW - £400 cashback Remortgage range launched
West Brom RESI CHANGES - updated rates & extended end dates on Help to Buy & Mortgage Prisoner ranges
West One RESI CHANGES - 2 new limited edition large loan products launched & pricing reduced on Green deal. Increased new build maximum LTV to 75%

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