Brilliant Solutions

Mortgage Product Update

Product Blast w/e 06 Nov

Update Overview

Some interesting changes this week with 2 lenders launching limited period 90% LTV products along with the introduction of a new refurb in term product and a green mortgage product range.  We are continuing to see many lender refreshing their product ranges and some making amendments to criteria and minimum loan sizes in order to maintain service levels.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI NEW - 90% LTV product available until 10 November
Aldermore RESI NEW - 90% LTV products available until Friday 6th November
BM Solutions BTL CHANGES - rate changes across 2 and 5 yr product transfer and further advance range
Cambridge BS BTL, RESI CHANGES - updated residential & BTL product ranges
Clydesdale BTL, RESI CHANGES - new products, rate increases & withdrawals across product ranges
Coventry RESI NEW - relaunch of Flexx Fixed product range
Family BS RESI CHANGES - rate changes on selected core range products
Foundation BTL NEW - Products across F1 range
Furness BTL WITHDRAWN - all new business BTL and Holiday Let products
Halifax RESI CHANGES - updated product ranges for new business and retention
HSBC RESI CHANGES - amendments to criteria for flats, new builds & capital raising.
HTB BTL NEW - Refurb in Term product
Kensington RESI WITHDRAWAL - selected 85% LTV products
Landbay BTL NEW - limited edition free valuation product & 5 yr fixed product at 75% LTV
Leeds BTL, RESI CHANGES - Extended support for furlough income. Changes in criteria for self employed.
Lendinvest BTL CHANGES - New pay rates & updated criteria
Melton BTL WITHDRAWAL - 5 yr fixed 75% LTV product
Nationwide RESI CHANGES - Decreases across various product ranges. Increases to selected product switch rates.
Natwest RESI NEW - Launch of Green Mortgage Product Range
Newcastle RESI CHANGES - Joint Mortgage Sole Proprietor product & 2 yr fixed 85% LTV product launched. Withdrawal of 2yr fixed 80% LTV product
Paragon BTL NEW - now accepting applications on BTL student lets
Pepper BTL, RESI CHANGES - full product refresh and criteria amendments. Residential LTV increased to 85%.
Principality RESI REDUCTIONS - across 65% - 80% LTV product ranges. All residential fee based products now include a free basic valuation.
Santander BTL, RESI CHANGES - Support now available for mortgage prisoners. Extension of payment holiday scheme. New evidence requirements for self employed & company directors.
Scottish Widows BTL, RESI CHANGES - to selected 2 & 5 yr Product Transfer and Further Advance products
TSB RESI CHANGES - rate changes to selected product ranges
Vida BTL, RESI CHANGES - Withdrawal of HTB products on selected tiers. Increase in rates across higher LTV products. Increased min loan size to £100k across current range.
West Bromwich BTL, RESI WITHDRAWN - selected products from various product ranges

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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