Brilliant Solutions

NEW OPENING HOURS –  Office now closes 5pm on Friday

The Brilliant Loans direct number, 01792 277 277,  is not currently working.

Please Call us via Brilliant Solutions on 01792 277 555, option 3

We hope to resolve this asap. Apologies for the inconvenience.

 

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 01 April 2022

By / 1st April 2022 / Product Updates

Product Blast sponsored by Precise

Update Overview

This week, Hodge have launched a new Commercial Investment Finance product which is aimed at experienced property investors who invest in a mix of commercial buildings.  Hampshire Trust Bank and Progressive Building Society have made some interesting changes and TSB have re-launched several products.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI CHANGES - majority of BTL rates increased. Resi New Business products withdrawn & replaced
Barclays RESI CHANGES - several reductions in rates across various ranges
Bucks BTL NEW - 2 Holiday Let products launched
Clydesdale BTL RESI INCREASES - to Tracker product rates due to BoE base rate increase & several other products
Foundation BTL CHANGES - new range of Green BTL mortgage products launched. Expanded closed panel of solicitors to transact all specialist property cases
Hodge COMM RESI CHANGES - Commercial Investment Product launched. 50% LTV products from 50+ range temporarily withdrawn
HTB COMM CHANGES - semi-commercial criteria enhanced & commercial to residential valuation split to 50:50
Kensington BTL RESI NEW - Residential, BTL & HMO/MUB specials launched
Kent RESI CHANGES - Residential range withdrawn & replaced
Landbay BTL INCREASES - to several products across various ranges
Nationwide RESI CHANGES - some rates reduced while some are increased
Newcastle BTL RESI WITHDRAWALS - 4 products withdrawn
Pepper BTL RESI CHANGES - select rates increased across several product ranges. Lenders fees changed
Precise BTL CHANGES - BTL range withdrawn & replaced
Progressive RESI CHANGES - various rates across several ranges amended. Enhancements made to income multiples & minimum incomes
Saffron BTL RESI CHANGES - 2 new FTB products launched, application fee removed from select products & self build rates reduced
Santander BTL RESI CHANGES - updated the accountant’s certificate to capture more information upfront
TML BTL NEW - 2 new products launched
TSB BTL RESI CHANGES - entire shared ownership product range including rates for second-hand homes and re-mortgages re-launched. Tracker rates increased due to BoE base rate increase as well as other rates across various ranges
Vida BTL RESI CHANGES - BTL Limited Editions products launched. Enhancements made to contractor criteria
Virgin BTL RESI CHANGES - some products withdrawn. Tracker rates increased due to BoE increase & several rates increased across several product ranges
West One BTL NEW - 2 new products launched
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    01792 277 555

    INTERMEDIARIES ONLY

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

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