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.

CHL Mortgages

CHL Mortgages has updated its product and criteria, the details are below.  These products are available through our direct to lender mortgage club so contact us for more information on how our club can support your business. 

CHL Mortgages – Pricing/criteria changes

I am delighted to announce we will be expanding the current BTL product suite to offer a range of 7 year fixed rates and 80% LTV products from tomorrow, Friday 18th February.

The new product and criteria guides are attached for reference, however I have summarised the key changes/highlights below:

Individuals/Ltd Company products

  • Pricing of existing products held
  • Introduction of 7 year fixed rate options
  • Introduction of 80% LTV products with 2 year, 5 year and 7 year fixed rate options

HMO products

  • Pricing of existing products held
  • Introduction of 7 year fixed rate options

High level criteria summary in respect of 80% LTV lending

  • 80% LTV up to a maximum loan of £500,000 on a single property
  • Aggregate exposure limits of <= £1m up to 80% LTV and >£1m to £5m up to 75% LTV
  • 80% LTV available against ‘standard’ freehold and leasehold properties. Any construction type highlighted by our valuer as non-standard will be restricted to a maximum 75% LTV.
  • Non-standard property construction max LTV of 75%
  • Above/adjacent to commercial property max LTV of 75%
  • MUFB/HMO maximum LTV of 75%
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