Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

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.

Accord Update

Accord Mortgages have released an update on their product range, the details are set out below.  Accord products are available through our direct to lender mortgage club so contact us for more information on how our club can support your business. 

We’re increasing our Residential LTI income threshold

Applies to Accord Residential.

We are increasing our loan-to-income (LTI) threshold cap from £60,000 to £70,000.

From July 7 we will only allow LTI of five times for household incomes of £70,000 and above.

All household incomes below £70,000 will be capped at 4.49 times.

 This change will impact new business and new applications for additional loans. Pipeline cases are unaffected.

Key dates

The changes will come into effect from Wednesday, 8am 7 July. 

Changes to Accord’s Buy to Let New Business range

Applies to Accord Buy to Let

Accord are making changes across a significant number of different products for both Remortgages and House Purchases, as well as introducing new products to this range. Click here to view more information about the Accord Remortgage Service.

What’s being reduced?

  • products at 60% LTV are being reduced by up to 0.18%
  • products at 65% LTV are being reduced by up to 0.22%
  • product at 75% LTV is being reduced by 0.04%

What’s new?

  • new 60% LTV products will be launched, with rates from 1.48% to 1.95%
  • new 65% LTV products will be launched, with rates  from 1.69% to 2.04%
  • 11 new 75% LTV products will be launched, with rates  from 1.85% to 2.37%

 What’s staying the same?

  • products at 60% LTV are remaining the same
  • products at 65% LTV are remaining the same
  • All products at 80% LTV are remaining the same

 What’s being increased?

  • products at 75% are being increased by up to 0.07%

What else is changing?

  • Product Fees have been reduced on selected products and increased on others
  • Cashback is being reduced on selected products

All Accords remortgage and house purchase products come with free standard valuation.

When is the change?
Products will be withdrawn at 1pm on Saturday 3rd July and relaunched on Monday 5th July at 8am.

 

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