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 – 12 August 2022

By / 12th August 2022 / Product Updates

Product Blast sponsored by Brilliant Loans

Update Overview

This week, rates are continuing to rise and lenders are beginning to respond to the latest Bank of England Base Rate increase announced on 12th August. Pepper Money have withdrawn products. TSB have made increases across various ranges and Coventry have returned to market for new business.

This Week's Updates

LENDER TYPE DETAIL MORE
Aldermore BTL RESI CHANGES - various products withdrawn & several rates increased across various product ranges
Bucks BTL CHANGES - Temp withdrawal of new fixed rates
Barclays RESI CHANGES - Select mortgage rates refreshed & 2 new products launched
Coventry RESI NEW - Business range with a maximum 95% LTV for residential & 75% LTV for BTL. Coventry have returned to market for new business
Foundation BTL RESI CHANGES - Updated BBR to 1.75%, 34 residential products withdrawn & replaced. BTL discounted rate products increased
Family BS BTL RESI WITHDRAWN - Temp withdrawal of fixed rates products
HTB BTL COMM INCREASES - Increases to BTL & Semi-Commercial rates
Kent Reliance BTL RESI WITHDRAWN - Select products withdrawn across various ranges
Kensington BTL RESI CHANGES - Repricing on select products across various ranges
Metro Bank BTL RESI INCREASES - select rates increased across various ranges
Nationwide RESI NEW - Lend up to 5.5x Loan to Income (LTI)
Norton RESI INCREASES - All mortgage & loans increased
Precise BTL RESI WITHDRAWN - select 5 yr fixed products withdrawn
Progressive RESI INCREASES - SVR increased
Pepper BTL RESI WITHDRAWN - Products across BTL & Ltd Co BTL
Shawbrook BTL COMM INCREASES - select rates increased across various ranges due to BoE base rate increase
Santander BTL RESI INCREASES - tracker rates increased due to BoE base rate increase
Suffolk BTL RESI CHANGES - several products withdrawn & various rates increased. New mortgage applications temporary paused
TSB BTL RESI INCREASES - across various ranges due to BoE base rate increase and selected ranges
UTB BRI RESI INCREASES - rates increased due to BoE base rate increase
Virgin BTL RESI NEW - 5 yr fixed rates
West One BTL INCREASES - lifetime tracker & stepped discount products increased due to BoE base rate increase
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