Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

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.

Allica Bank Update

Here is the latest update from the Allica Bank.  A Commercial Mortgage lender, that you can access via our commercial mortgage team. For full details of their latest product contact our team today.

Its Official – we have Fixed Rates!

Some more product news for you today, as Allica will be launching fixed rate mortgages. We’ve had a lot of requests for these from our broker panel, in particular with base rate continuing to rise, so I am pleased we’ve been able to deliver upon this for you at such a crucial time.

You can find our full updated product guide, however here is an overview of our pricing:

Fixed rate owner-occupied mortgages will  be priced between 5.75% and 5.99%.

Initially, we will be offering a five-year fixed rate. However, we will be exploring which other terms will be most of interest to you and your clients – so please do let us know if there are term lengths you’d be most interested in seeing.

We will also be making some changes to the way we assess affordability for our owner-occupied mortgages in light of rising interest rates and energy costs. Effective from tomorrow we will be applying an additional stress of 1% on all of our variable margins, as well as applying some sensible adjustments to energy costs.

All of our fixed rate products will be stressed at pay rate, so no additional stressed rate adjustments will be needed for these products.

Fixed rates will become available from tomorrow morning, 8th April – so feel free to kick off an application with your morning coffee!

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