Brilliant Solutions

Product Blast w/e 13/10/23

Update Overview

This week brings us a wide range of product reductions, new product launches and full-range refreshes.  

Family Building Society increase their Product Transfer proc fees to match what they pay for new business as well as announcing reductions to their Buy-to-let and Residential 5 year fixed rates.

Foundation Home Loans expand their F2 Exclusive Product by introducing 7 & 10 year rate products to the range. 

This Week's Updates

LENDER TYPE DETAIL MORE
Aldermore BTL, RESI REFRESH - Of BTL, Resi and Product Switch products.
Central Trust RESI REDUCTION - To all fixed rates across Resi mortgage range.
Clydesdale RESI CHANGES - Improved Affordability. Reduction to selected Resi fixed rate products.
Chorley RESI NEW - Fixed rate shared ownership fixed rate 90% LTV product.
Coventry BTL, RESI CHANGES - Reduction of selected 2, 3 & 5 yr fixed Resi rates. Reduction to all 2 & 5 yr fixed new business BTL rates & selected existing customer range. Increase of all BTL tracker rate products.
Family BTL, RESI CHANGES - New core Resi 2 yr fixed repayment, IO & JMSO products. Reduction to all BTL and Resi products. Increase in proc fees paid for Product Transfers to match new business.
Foundation BTL NEW - 7 & 10 yr fixed rate products added to the F2 range.
H and R RESI NEW - 2 Income Flex fixed rate 80 & 90% LTV Resi products.
Hodge BTL, RESI CHANGES - Criteria enhancements to support affordability. Reduction to 5 yr fixed rates for Holiday Let and 50+ product ranges.
Kensington BTL REFRESH - Of BTL range.
Nationwide RESI REDUCTION - To fixed rates across New Business, Switcher, Additional Borrowing and Existing Customer products.
Newcastle BTL WITHDRAWAL - Of selected 1 yr BTL fixed rates.
Saffron BTL, RESI REFRESH - To selected products across all ranges.
Suffolk RESI CHANGE- Reductions to Resi rates. New Resi 2 & 3 yr fixed rates 80 & 90% LTV.
TMW BTL REDUCTION - To selected rates across the New Business range.
Together RESI NEW - Resi Second Charge Product Transfer range.
TSB BTL, RESI REDUCTION - To select 2 & 3 yr fixed rates across Resi & selected 2 & 5 yr fixed BTL rates.
UTB BTL, RESI REFRESH - Of BTL and Resi product ranges.
Virgin BTL, RESI CHANGES - Improved affordability. New Resi Remortgage exclusives. Reduction to BTL fixed rates.
West One BTL CHANGES - To BTL criteria covering stress rates, min property value reduced & increase to max loans.





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