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 08 July 2022

By / 7th July 2022 / Product Updates

Product Blast sponsored by Interbay - click here to view products

Update Overview

This week we see further product withdrawals and re-launches accompanied by rate increases. Again, many lenders are introducing some interesting changes and enhancements to their criteria. Hodge have now reintroduced their Residential range after having to temporarily withdraw it.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI CHANGES - The reversionary rate on HTB 5 Yr Fixed Rate products will now be discounted by 0.20% for 1 Year
Aldermore BTL RESI CHANGES - to minimum packaging standards
Barclays BTL RESI CHANGES - various products withdrawn & replaced with increased rates
Bath BTL RESI WITHDRAWALS - several products withdrawn
Clydesdale BTL RESI INCREASES - variable rates increased due to BoE base rate increase
Coventry BTL RESI CHANGES - various products withdrawn & replaced with increased rates
Dudley RESI WITHDRAWALS - 5 Yr Fixed Rate (10105) product withdrawn
Family BTL RESI INCREASES - several rates increased across various ranges
Fleet BTL RESI CHANGES - some rental calculations changed
Foundation RESI CHANGES - residential range withdrawn & relaunched with increased rates
Greenfield BRI NEW - now lending against AVMs
Hodge RESI CHANGES - Resi range reintroduced
Landbay BTL CHANGES - select rates amended
Metro BTL RESI CHANGES - BTL Product Range & 2 & 5 yr fixed rate Residential Large Loan products withdrawn & replaced
MPowered BTL INCREASES - select rates increased across various ranges
Nationwide RESI INCREASES - selected fixed rates increased by up to 0.30%
Newcastle BTL RESI CHANGES - refresh of Large Loan, JMSP, Government First Homes & BTL exclusive products. Several products withdrawn
Pepper BTL WITHDRAWALS - select products withdrawn across various ranges
Precise BTL CHANGES - current range of BTL exit products from refurbishment BTL range replaced with a new range
Saffron BTL RESI NEW - several new products launched
Santander BTL RESI INCREASES - several rate increases made across various ranges
Suffolk RESI NEW - self build product with no ERC launched
Together COMM INCREASES - several rates increased due to BoE base rate increase
TMW BTL CHANGES - select Limited Company 2 & 5 yr fixed rates reduced & new 2 yr fixed options with a 2% fee launched
TSB BTL RESI INCREASES - to select rates across various ranges
Vida RESI WITHDRAWALS - all 90% LTV products withdrawn
Virgin BTL RESI INCREASES - variable rates increased due to BoE base rate increase
West One BTL CHANGES - 2-yr discount tracker product with no ERC launched. All lifetime tracker products withdrawn & replaced with increased rates
Zephyr BTL INCREASES - to 5 & 7 year fixed rates
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