Brilliant Solutions

CHRISTMAS OPENING HOURS – the office will close on Monday 23rd December at 5:30 pm and will re-open on Thursday 2nd January 2025 at 9 am

Office now closes 5pm on Fridays

CHRISTMAS OPENING HOURS – the office will close on Monday 23rd December at 5:30 pm and will re-open on Thursday 2nd January 2025 at 9 am

 

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.

Product Blast w/e 03 December 2021

By / 2nd December 2021 / Product Updates

Product Blast sponsored by Kent Reliance

Update Overview

This week, lenders such as Kensington & Metro have increased their maximum LTV’s on select ranges. Kensington have also reintroduced Right To Buy and have even launched an exciting Flexi Fixed for Term Mortgages giving customers the option to fix their mortgage for up to 40 years. Criteria enhancements have been made by Bluestone, Metro, and Nationwide.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI CHANGES - increases & reductions to several rates across Product Transfer & Additional Loan ranges. LTV thresholds for AVMs increased
Aldermore BTL WITHDRAWALS - 2 products withdrawn
Barclays BTL RESI REDUCTIONS - to select products across several ranges
Bluestone RESI CHANGES - New Build policy enhancements made
Clydesdale BTL RESI INCREASES - to select rates across several ranges
Foundation BTL RESI CHANGES - rate reductions to 85% & 90% fixed rate products, 4 Limited Edition BTL products withdrawn
Kensington BTL RESI CHANGES - Flexi Fixed for Term mortgages introduced, Right To Buy reintroduced, Assisted Deposit product launched, LTV increased to 90% on core range, Young Professionals range updated, LTV increased to 85% on Cashback Mortgage & New Build eKo Reward Mortgage ranges, 85% LTV no fee option reintroduced
Landbay BTL CHANGES - rates reduced on Limited Edition Mortgage range & minimum loan size lowered to £200k
Leeds RESI INCREASES - to rates on select products
L&G RESI REDUCTIONS - in rates on select products
MBS RESI CHANGES - fixed rate products launched with updated end dates & 2 products withdrawn
Melton RESI CHANGES - fixed rate products launched with updated end dates & several products withdrawn
Metro BTL CHANGES - 80% Buy to Let Mortgages launched, 5 yr fixed stress rate decreased & no longer require income proof for self-funding BTL's
Nationwide RESI CHANGES - criteria enhancements made to Bonus, Overtime, Commission & Fixed Term Contracts
Newcastle BTL CHANGES - end dates extended
OneFamily RESI CHANGES - Variable rate product changes made
Santander BTL RESI CHANGES - increases & reductions to select rates across several product ranges
Together BTL CHANGES - unregulated Bridging & BTL max loan increased, BTL min loan size reduced & select rate increases on Second Charge products
TSB BTL RESI CHANGES - rates increased on Residential Product Transfers, end dates rolled on for this range & BTL
Virgin BTL RESI INCREASES - to rates across several ranges
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