Brilliant Solutions

Product Blast w/e 04 Nov 2022

Update Overview

This week the Bank of England Base Rate rose by 0.75% making the base rate 3%. We see lenders re-introducing rates, accepting new business and releasing products with rate reductions. 

This Week's Updates

LENDER TYPE DETAIL MORE
Barclays BTL RESI CHANGES - To monthly bonus, overtime & commission policy
Bucks RESI NEW - Re entered into the Shared Ownership Market
Coventry BTL RESI WITHDRAWN - BBR Tracker rates
Family BTL RESI INCREASES - To Managed Mortgage rates by 0.50%
Fleet BTL CHANGES - To tracker products & new process for landlords with 4 or more properties
Hodge BTL RESI NEW - Relaunch of fixed rate range of products
Leeds BTL RESI NEW - Fixed rates & changes to stress rate
Nationwide RESI CHANGES -Reductions to some rate switch products. Rate switch window amended to 5 months
Precise BTL RESI CHANGES - Product refresh
Progressive BTL RESI INCREASES - SVR rate change
Quantum BTL NEW - Switch to fixed product launched
Santander BTL RESI INCREASES - To SVR & tracker rate products
Shawbrook BTL RESI CHANGES - To lending criteria
Saffron BTL RESI CHANGES - Return to market for new business
Suffolk BTL RESI INCREASES - To SVR rate to 6.34%
Skipton BTL RESI CHANGES - To BTL & residential ranges
TMW BTL CHANGES - Re-introduction of tracker products & foreign national policy changes
Together BTL COMM NEW - Stress test rate
TSB BTL RESI CHANGES - Re-introducing fee products & product end dates
UTB BTL CHANGES - Automation of BTL DIP launched
Virgin RESI REDUCED - Residential fixed rates





    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.

    01792 277 555

    INTERMEDIARIES ONLY

    Office Hours:  09:00 – 17:30 Monday – Friday

    Share this:
    Scroll to Top