Brilliant Solutions

Product Blast w/e 10 MAR 2023

Update Overview

Another week of mixed updates from lenders.  We are seeing some lenders increase rates while others are making reductions and reintroducing products and ranges such as Precise’s relaunch of their Refurbishment BTL products.  Vida have introduced a new Service Pledge.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI INCREASES - To selected rates in their RESI New Business product range
Aldermore BTL RESI CHANGES - To assessment of personal income. Reduction to a selection of 2 & 5 year fixed rate products
Bath BTL RESI CHANGES -To a variety of products across RESI and BTL ranges
Barclays RESI CHANGES - To selected 2 & 5 year rates.
Dudley BTL RESI INCREASES - To SVR rate for residential and BTL
Foundation BTL RESI CHANGES – Withdrawal of a selection of RESI and BTL products. Launch of new products across ranges
Furness RESI NEW - Range of 2 year fixed rates launched
H & R BTL NEW - Selection of BTL products launched.
Kensington RESI NEW - Launch of Help to Buy Wales products and 90% LTV RESI products.
Leeds RESI CHANGES - Withdrawn selected 2 year fixed rate products. Relaunch of 2 & 5 year RESI fixed rate products.
LendInvest BTL WITHDRAWAL - Of Limited Edition 5 years fixed products.
MPowered RESI CHANGES- Product refresh of 2 year fixed rates.
Newcastle BTL RESI CHANGES – Withdrawal of a section of ranges. Reduction of rates across selected RESI ranges. Introduction of new RESI products
Precise BTL CHANGES - Product refresh of BTL ranges. Relaunch of refurbishment BTL products.
Saffron BTL RESI CHANGES - New Expat BTL product launched. Enhanced lending across BTL & RESI ranges.
Santander BTL RESI CHANGES- To Experian's Credit Lock process
Shawbrook BTL COMM REDUCTIONS– To BTL and semi- commercial ranges.
Skipton BTL RESI CHANGES – To BTL criteria. Update to selected products across RESI, New Build and Government Scheme product ranges.
Suffolk BTL RESI WITHDRAWAL - To selected RESI and Holiday Let products.
TSB BTL RESI CHANGES- To BTL stress rates,. Product refresh of selected 5 yr fixed RESI & product transfer rates.
Vernon BTL RESI INCREASES - To SVR rates
Vida BTL RESI NEW - Introduction of Service Pledge.
Virgin BTL RESI CHANGES - Updates to rates across a variety of Product Transfer, RESI & BTL rates which include increases and reductions.
UTB BTL RESI REDUCTIONS - To rates across a selection of product ranges





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