Brilliant Solutions

Product Blast w/e 03 FEB 2023

Update Overview

We continue to see the reduction of fixed rates.  The Bank of England base rate rise this week to 4% sees lenders announcing increases to their tracker rates.  Tandem launch a new semi exclusive product via Brilliant. A number of other lenders launch and relaunch new products and product ranges. 

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI CHANGES - Reductions to residential product transfer and additional loan fixed rates , withdrawal of Base Rate Trackers & Increases to SVR
Aldermore BTL RESI NEW - Limited Edition rates
Bath BTL RESI NEW - Launch of new fixed and variable product ranges
Clydesdale BTL RESI INCREASES - to SVR, Offset Variable rate and Offset Variable Investment Housing Loan Rates
Fleet BTL CHANGES - Reductions to 7 year fixed rate products. Increase to tracker products
Gatehouse BTL RESI CHANGES - Reductions across products ranges. Changes to minimum finance criteria
H & R RESi NEW - Relaunch of fixed product range
Kensington BTL RESi NEW - Special Edition products launched
Leeds BTL RESI REDUCTIONS - to selected fixed rates
Mpowered RESI CHANGES - income multiples increased
Mansfield RESI CHANGES - Versatility range offers more flexibility for Section 106 agreements & non standard properties up to 85% LTV
Newcastle BTL RESI CHANGES - Launch of new products across BTL & residential ranges. Withdrawal of some products. Reductions to select product ranges
Progressive BTL RESI CHANGES - To rates across product ranges
Precise BTL NEW - Limited edition range
Pepper RESI WITHDRAWAL -Of some residential products
Saffron BTL RESI CHANGES - Launch of new products for Occupational, RIO and BTL ranges. Reintroducing 90% Contractor fixed rates & BTL & Ltd Co BTL Discount rates
Santander BTL RESI INCREASES - To tracker and SVR products in response to Bank of England base rate increase
Suffolk BTL RESI REDUCTIONS - To rates across various ranges
Skipton BTL RESI CHANGES - To product ranges including reintroduction of a selection products. Increase in rates for Tracker products
Tandem RESI NEW - semi exclusive remortgage product available via Brilliant Solutions
TMW BTL REDUCTIONS - To 2 & 3 year switcher rates
TSB BTL RESI REDUCTIONS - across select product ranges
UTB RESI CHANGES - Product refresh across ranges
Vida BTL NEW - Buy to Let Limited Edition products
Virgin BTL RESI CHANGES - Reductions to exclusive fixed rates. Increases to tracker rates
Zephyr BTL REDUCTIONS - To all rates across product ranges





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