Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

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 08 October 2021

Update Overview

This week shows more lenders reducing their rates and fees.  Many lenders are launching new schemes and product ranges along with criteria amendments and improvement to loan to income multiples to support clients with credit issues and increased borrowing. 

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL CHANGES - refreshed interest rates on select new business BTL products, whilst also introducing 6 new 60% Remortgage products & 4 new discount SVR products
Barclays RESI CHANGES - improved Loan-to-Income multiples
Bucks RESI CHANGES - Solutions Portfolio launched for Adverse & impaired credit customers. New Prime & Non-Standard Credit products, LTV now 90% & the max to £500K for JBSP & Reverse JBSP products, adverse criteria updated for 3yr fixed Impaired Credit product
Chorley RESI NEW - Discount Market Scheme products launched
Coventry RESI NEW - product range for FTB at 85-95% LTV. Offering cashback for FTB Only Range
Furness RESI REDUCTIONS - to a number of rates for residential and discounted products
Gatehouse BTL, RESI CHANGES - updated rates across selected products on Residential and BTL product ranges
Halifax RESI CHANGES - amended rates on selected standard Residential and shared ownership/equity products
HSBC BTL, RESI CHANGES - extended end dates on all fixed rate products & extended BTL product range to all Intermediary partners
Interbay BTL CHANGES - BTL products withdrawn & a new range of enhanced products introduced on standard, HMO & MUFB loans
L&G RESI INCREASES - interest rates by up to 0.21% across all of lifetime mortgage products
Mansfield RESI CHANGES - withdrawn product code SX-020, relaunched as SX-021. Select min loan changes across range of products for applicants living in the society’s heartland & existing customers
Melton BTL, RESI CHANGES - products launched, products withdrawn, reduced fees & rates on shared ownership product, Fees Assisted Legals incentive no longer available for purchase transactions only standard remortgage transactions
Nationwide RESI CHANGES - updated the standard range of home mover products at 90- 95% LTV to allow the new Deposit Unlock scheme to be used.
Natwest RESI CHANGES - increased the free valuation threshold for purchase applications & amended valuation fee scale
Nottingham BTL CHANGES - reduced rates on RIO product range & removed fee from 3 yr product. Updated rates & extended end dates on selected LTD Company BTL products. Max loan increased to £750k per property, across LTD Company & BTL ranges, along with further policy changes
Santander RESI CHANGES - to ERC refund window for non-simultaneous porting
Scottish Widows RESI NEW - launched a range of 90% LTV new business residential products
Skipton RESI CHANGES - rates & end dates updated on selected products, increased max loan for Residential products, 4 new products & withdrawn a number of products
TML RESI CHANGES - affordability changes for employed and self employed
TMW BTL CHANGES - launch of new brand partner, The Landlord Works. New end dates for switcher products & withdrawn 10 yr short ERC switcher 3.24% product
Vida BTL, RESI CHANGES - to BTL expat criteria & new limited edition BTL products
West Brom RESI CHANGES - amended rates & extended end dates on core, assisted, shared ownership & Help to Buy retention 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.





    01792 277 555

    INTERMEDIARIES ONLY

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

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