Brilliant Solutions

Product Blast w/e 02 Dec 2022

Product Blast sponsored by Proportunity

Update Overview

This week we see many lenders reducing rates across product ranges.  Hinckley and Rugby reintroduce products back to market along with new product ranges from Precise, Buckinghamshire, TSB, TMW and Saffron

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI REDUCTIONS - Rates reduced across their BTL & Resi product ranges
Aldermore RESI CHANGES - New residential owner occupied 2 year discount rates & Reduced residential owner occupied 2 & 5 year fixed rates
Barclays BTL RESI CHANGES - Introducing new 2 year tracker rate. Reductions. Reductions to 2 year tracker and fixed rate products.
Buckinghamshire BTL NEW - Ex-pat & Holiday Let products launched
Clydesdale BTL RESI CHANGES - Reductions made to fixed rate products. SVR rates increased due to BoE base rate increase
Coventry RESI CHANGES - Reductions to 2, 3 & 5 Yr Fixed rates including Offset, Interest-only & Offset Interest-only rates. Changes made to New Build criteria
Fleet BTL REDUCTIONS - To fixed rate products
H&R BTL RESI NEW - Re-introducing products back to the market
Leeds BTL RESI CHANGES - Selected BTL and resi rates reduced & new 3, 5 & 10 year fixed rates launched
Newcastle BTL RESI CHANGES - Withdrawal of 95% product & launch of 60% & 80% LTV Mortgage Products
Nationwide RESI CHANGES - to ERCs on fixed product ranges
Progressive BTL RESI CHANGES - To SVR rates
Precise BTL NEW - Limited edition BTL products with lower product fees
Santander BTL RESI CHANGES - reductions to resi fixed rates for new business & product transfer. BTL 2yr tracker products removed and replaced with lifetime tracker.
Saffron RESI NEW - S/E, Contractor, FTB and JBSP fixed rate products launched to continue phased return to the market
Skipton BTL RESI CHANGES - Across our Residential & Buy to Let product ranges
TMW BTL CHANGES - To reductions to rates across product ranges & introducing new products with new fee options
TSB RESI CHANGES - Reductions to 5 year fixed rates & re-introducing selected shared equity & shared ownership remortgage & 2 year fixed rates products
Virgin BTL RESI CHANGES - Reductions to selected residential fixed rates. SVR rates increased due to BoE base rate increase





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