Brilliant Solutions

Mortgage Product Update

Product Blast w/e 09 Oct

Update Overview

A few lenders introducing new 80% and 85% LTV products.  A lot of increases being seen across lenders full product range with many product withdrawals along with Leek United Building Society withdrawing all new business products.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI CHANGES - New & withdrawn FTB products
Buckinghamshire BTL CHANGES - amended residing countries for Expat BTL products
Coventry RESI NEW - Flexx fixed range up to 85%, offset, 3 yr fixed rate & 10 yr fixed products with no ERC's after 5 yrs
Dudley BS RESI INCREASES - to 80% LTV product range
Foundation BTL NEW - 5 yr fix with 3 yr ERCs product
Furness RESI WITHDRAWAL - selected fixed rate products
Halifax RESI CHANGES - withdrawn and launched new products
Ipswich BS BTL WITHDRAWN - 2 & 5 yr fixed rates from holiday let range
Leeds RESI CHANGES - increases to 5 yr 85% LTV fixed rate. Withdrawal of selected Interest Only and all RTB products
Leek United BS RESI WITHDRAWN - all new business products
Mansfield BS RESI CHANGES - Min loan now £100,000 with exception of shared ownership & Notts, Derbyshire & South Yorkshire
Nationwide RESI INCREASES - across all product ranges
Natwest RESI INCREASES - across product range
Newcastle BTL NEW - 2 & 5 yr fixed rates with fee assist and free valuation
Precise RESI NEW - HTB products
Principality BTL, RESI INCREASING - Residential rates across 85% & 90% LTV and BTL across 75% LTV
Skipton BTL, RESI CHANGES - rate decreases, end dates extended & product withdrawals
TSB RESI Increases across residential product range. Some Resi & BTL withdrawn
UTB RESI, SECURED NEW - 80% LTV secured loan and residential products. PACKAGED ONLY. FEES FREE PACLAGING AVAILABLE VIA BRILLIANT SOLUTIONS. Call our team today.
Virgin RESI WITHDRAWAL - selected exclusive products

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