Brilliant Solutions

Product Blast w/e 03 MAR 2023

Update Overview

This week it is a bit of a mixed bag of increases, reductions and product refreshes along with some new products being launched.  Vida have enhances their lending criteria across the board.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI CHANGES - Reductions to rates across BTL Product Transfer range. New Resi SVR products introduced.
Aldermore BTL CHANGES - New fixed rates launched and reductions to selected fixed and variable products.
Barclays RESI REDUCTIONS - To rates across selected fixed products.
Buckinghamshire BTL RESI CHANGES - Airbnb now considered across BTL product ranges. Refreshed rates across resi and BTL ranges.
Clydesdale BTL RESI CHANGES - Now accept Foster Care income. Increase to SVR and variable product ranges.
Coventry BTL RESI CHANGES - Reductions in rates to selected product ranges for resi & BTL. New resi fixed rates launched.
Dudley BTL RESI NEW - 2 year fixed rate products across ranges. Reintroduction of self build range
Hodge BTL RESI REDUCTIONS - To selected 2 & 5 year fixed rate product ranges.
Kensington BTL RESI REDUCTIONS - Rates across all standard products.
LiveMore RESI CHANGES -Product refresh
Leeds BTL RESI CHANGES - New 95% LTV 5 yr fixed rate product. Rate increases on variable & SVR products. BTL stress rates reduced.
MPowered RESI CHANGES - Amendments made to affordability calculator.
Nationwide RESI INCREASES - To selected fixed and tracker rates
Newcastle BTL RESI WITHDRAWAL - Of selected products
Norton BTL RESI INCREASES - To all fixed and variable rates
Progressive BTL RESI INCREASES - To all variable rate products
Saffron BTL WITHDRAWAL - Of 2 yr discounted rate at 75% LTV
Santander BTL RESI REDUCTIONS - To resi retained property affordability rate.
Skipton BTL RESI CHANGES - Rate reductions to selected fixed rate products. Selection of new fixed rate products introduced.
Suffolk BTL RESI CHANGES - Repricing to selected product ranges and new 5 yr fixed products across core lending areas
TML BTL CHANGES - Rate refresh across BTL product ranges
TMW BTL REDUCTIONS - To selected Limited Company, HMO and Large Portfolio rates.
TSB BTL RESI CHANGES - Reductions to selected rates across various ranges. Selection of new fixed rate products introduced.
Vida BTL RESI CHANGES - Product refresh. Enhanced criteria across the board
Virgin RESI CHANGES - Now accept Foster Care income. Increase to SVR and variable product ranges.





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