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.

Mortgage Product Update

Product Blast w/e 02 Oct

By / 1st October 2020 / Product Updates

Update Overview

This week brings a large number of lenders increasing rates.  Some lenders are bringing back  and introducing new product ranges such as holiday lets and increased LTVs along side new lower or fees free products.

Residential Mortgages

LENDER CHANGE DETAIL MORE
Accord CHANGES Increases, reductions and new products
Aldermore CHANGES Withdrawn some products, repriced others
Barclays WITHDRAWN Withdrawal of selected products from 75% LTV range
Clydesdale NEW Access to additional products for new customers
Darlington BS CHANGES Increased rates and extended end dates on residential 2 yr fixed at 80% LTV
Dudley BS NEW Launched new holiday let 70% LTV product range
Halifax INCREASES Increases across product transfers and further advances. Changes to product range LTV splits
Hinckley & Rugby CHANGES Withdrawal of some fixed rate products, relaunched at higher rates. New discounted product
Kensington NEW Relaunch of Property Plus product range
Leeds CHANGES Increases on some affordable housing products. Withdrawal of selected residential 85% LTV fixed rates
Lloyds CHANGES Updates to residential product ranges
Nationwide INCREASES Increases in 60% and 90% LTV product ranges
Natwest CHANGES Extensions, increases, return of products and guidance for mortgage prisoners
MBS CHANGES Launch of new 70% LTV products and withdrawal of some products
Saffron WITHDRAWN Half price self build arrangement fee products withdrawn. Reverted back to original full pricing
Santander CHANGES Improved criteria for product transfers & rate increases
Scottish Widows INCREASES Rate increases to a range of product transfer and further advance products
Skipton CHANGES Increases, decreases, new rates and extended dates across some product ranges
Swansea BS CHANGES New fees assist & medical professional products. Expanded criteria
The Melton New Relaunch of Self Build range with reduced rates. Updated HTB criteria
Tipton & Coseley New New products launched
TSB New One day only 85-90% LTV products for FTBs
Virgin NEW Reducing rates and new fee saver option fixed rate products
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Buy to Let Mortgages

Text summary to be inserted.

LENDER CHANGE DETAIL MORE
Aldermore WITHDRAWN Withdrawn some products, repriced others
Clydesdale Bank CHANGES New and withdrawn products for new customers
Fleet NEW Replacement of Libor to BBR. New lifetime tracker products
Kensington NEW Relaunch of HMO & MUB products up to 75%
Landbay CHANGES Replacement of LIBOR to BBR. Reduction in rates on No ERC tracker products
Lendinvest NEW Increase LTVs, loan limits and new student lent and FTL products
Natwest CHANGES Extensions to new build offers
Swansea BS CHANGES New fees assist & medical professional products. Expanded criteria
*The Melton NEW Relaunch of Self Build range with reduced rates
The Mortgage Works WITHDRAWN Withdrawn £0 fee products at 75% LTV. Extended end dates on existing switcher products

Secured Loans, Bridging & Development, Commercial Mortgages

LENDER CHANGE TYPE DETAIL MORE
UTB NEW Secured Loan Improved unsecured credit criteria
Shawbrook NEW Secured Loans 85% LTV for employed and self-employed

This sector sees little in the way of genuine product rate changes and updates.  Contact us for further information. 

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Contact us on [email protected] or complete the form below, & we will add you to the list for this campaign only.  See our Use of Information Policies & our Terms of Business the which are available on our policies page.





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