Brilliant Solutions

NEW OPENING HOURS –  Office now closes 5pm on Friday

The Brilliant Loans direct number, 01792 277 277,  is not currently working.

Please Call us via Brilliant Solutions on 01792 277 555, option 3

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.

Product Blast w/e 06 May 2022

By / 6th May 2022 / Product Updates

Product Blast sponsored by Kent Reliance

Update Overview

This week, many lenders have been increasing their rates while withdrawing and refreshing their product ranges. Following the Bank of England base rate increase, within the following few days we will see lenders begin to increase their variable rates and tracker rates. Buckinghamshire Building Society have launched a new product to make the Buy-to-Let market more accessible for borrowers with non-standard credit. Central Trust have increased their LTV’s and Precise have launched a new bridging range.

This Week's Updates

LENDER TYPE DETAIL MORE
Aldermore BTL RESI WITHDRAWALS - several products withdrawn across various ranges
Bucks BTL NEW - BTL Non Standard Credit product launched
Central Trust BTL RESI CHANGES - increased LTV's up to 80% LTV on 0 & 1 status & several criteria enhancements made
Clydesdale BTL RESI INCREASES - several rates increased across various product ranges
Coventry BTL WITHDRAWALS - All 5 yr fixed £1,999 fee BTL & Portfolio Landlord BTL rates withdrawn
H&R BTL RESI WITHDRAWALS - 3 products withdrawn
Kensington BTL RESI CHANGES - all Residential & BTL Specials withdrawn. Shared Ownership, Help to Buy & Right to Buy products launched
Leeds BTL CHANGES - rate increases made to various products & free legals introduced on select products
Metro RESI CHANGES - several rate increases across various ranges & all 3 yr fixed rate products withdrawn
Newcastle BTL RESI CHANGES - several product ranges refreshed & range of exclusive re-mortgage products with free legal fees launched
Precise BRI NEW - Non-regulated tier 2 refurbishment bridging range launched
Saffron RESI WITHDRAWALS - 4 products withdrawn
Santander BTL RESI INCREASES - to tracker & variable rate mortgages due to BoE base rate increase
Vida RESI CHANGES - Full Residential Range withdrawn & replaced with refreshed range
Virgin BTL RESI INCREASES - Tracker rates increased due to BoE base rate increase
West One RESI CHANGES - some reductions in rates & a couple of other slight product changes
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    01792 277 555

    INTERMEDIARIES ONLY

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

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