Update Overview More rate rises and contractions but few changes on the LTV front.  Product withdrawals all service related rather than risk related. Residential Mortgages LENDER CHANGE DETAIL MORE Barclays CHANGES New products and rate reductions. Bluestone CHANGES Criteria changes and rate reductions. Coventry CHANGES Furlough income no longer accepted. Newcastle WITHDRAWAL Withdrawn 5yr and …

Product Blast w/e 18 Sep Read More »

Update Overview LTV concerns again as we see the first signs of the end of the furlough scheme causing lenders concerns.  A return to lending for Vida which is more positive news. Residential Mortgages LENDER CHANGE DETAIL MORE Accord CHANGES Withdrawn support for new applicants in furlough. Chorley CHANGES Increased LTV on range to 75% …

Product Blast w/e 4 Sep Read More »

Update Overview LTVs steady but rates are still creeping up as lenders continue to fail to manage volumes through re-pricing or look for margin. Residential Mortgages LENDER CHANGE DETAIL MORE Accord CHANGES Rate increases and product withdrawals but larger loans now available at high LTVs   Barclays CHANGES LIMITS IMPOSED   Halifax INCREASES Rates up …

Product Blast w/e 31 Jul Read More »

Update Overview LTVs are generally up but so are rates.  Preference to direct channels for a few lenders remain apparent.  Residential Mortgages LENDER CHANGE DETAIL MORE Accord CHANGES Rate increases and product withdrawals. Barclays CHANGES New 2 year fixes but rate increases across higher LTVs Halifax CHANGES Minor changes. Leeds INCREASES Resi price increases and …

Product Blast w/e 24 Jul Read More »

Update Overview The 90% LTV market gets a new arrival in Nationwide.  Rates still creeping up but not as quickly as recent weeks. Improvements for self-employed. Residential Mortgages LENDER CHANGE DETAIL MORE Accord CHANGES Criteria changes to new build incentives following Stamp Duty announcement. Barclays CHANGES LTI and Interest Only criteria changes as well as …

Product Blast w/e 17 Jul Read More »