Brilliant Solutions

Product Blast w/e 13 JAN 2023

Update Overview

This week we see some lenders amending criteria in line with the new government information on cladding.  We continue to see rate reductions to fixed rate products and the announcement of increases to tracker and variable rates along with some new products and relaunch of products.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI REDUCTIONS - To selected rates on products
Aldermore BTL RESI REDUCTIONS - Rates for owner occupied & Buy to Let mortgages
Barclays BTL CHANGES -Update to criteria following government cladding information
Bucks BTL NEW - specialist products & improvements & rate changes across various product ranges
Clydesdale BTL RESI CHANGES - New products & reduced rates
Coventry BTL RESI NEW - Remortgage cashback & reduced rates
Hodge RESI REDUCTIONS - To professional rates
Kensington BTL NEW - Special Edition rate
Kent Reliance RESI NEW - Residential rates with higher LTVs and reduced min loan size & shared ownership mortgage rates
Leeds BTL RESI CHANGES - To SVR & increases to variable rates
Landbay BTL REDUCTIONS - Across 2 year ranges
LiveMore RESI CHANGES - To RIO min age to 50 years & Term interest only equity requirements reduced
MPowered RESI REDUCTIONS - To 2 & 3 fixed rates
Newcastle RESI WITHDRAWN - 6.19% five year fixed rate
Precise RESI NEW - Residential mortgage range & return of DMP & RTB ranges
Progressive BTL RESI CHANGES - New rates & improved rates across different ranges. Increase to SVR rates
Santander BTL RESI CHANGES - Updates to criteria on cladding following government statement
Saffron BTL RESI CHANGES- Relaunch of Limited company Buy to Let products and repricing across other product ranges
Together BTL CHANGES- to rates across Exclusive, variable and Gold Card rate products
TSB BTL RESI CHANGES- reductions to selected House Purchase & Remortgage 2 & 5 fixed rate products. Increases to variable and tracker products
Virgin BTL RESI REDUCTIONS - to a selection of fixed rate exclusive products





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