Brilliant Solutions

Product Blast w/e – 14 May

Update Overview

This week we are seeing a real mixed bag.  There are increases and reductions, withdrawals and relaunches along with some criteria change improvements.  The Mortgage Lender and Zephyr have launched new limited edition products.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI CHANGES - improvements to 5 yr fixed rate and new 2 year fixed rates launched
Barclays RESI CHANGES - to criteria for bonus enhancements & requirements for non UK nationals. Range of new products launched and reduction to a selection of other products
Bluestone RESI INCREASES - across clear product range 80% & 85% LTV tiers
Coventry RESI CHANGES - affordability calculator
Fleet BTL CHANGES - reductions across product ranges. Withdrawn 5 yr fixed HMO at 70% LTV
Furness RESI NEW - 2 yr fixed rates
Halifax RESI REDUCTIONS - on selected 2, 3, & 5 yr fixed purchase products
Gatehouse BTL WITHDRAWN - all BTL products temporarily
Godiva BTL CHANGES - reductions across ranges at 70% LTV and below. Now accept bonus income up to 50%
H & R RESI NEW - 2 yr discount product at 0.99%
Ipswich BS RESI CHANGES - refresh of expat residential product range
Leeds RESI CHANGES - new 3 yr fixed rate 95% LTV product and increases to 2 yr fixed rate 95% LTV product
Melton BTL NEW - 2 yr discounted Holiday BTL product launched
Metro RESI CHANGES - product refresh for professional range
Platform BTL, RESI CHANGES - reduced rates across selected products, relaunch of 95% LTV products, LTV increased for capital raising and debt consolidation, min lease increased
Santander RESI CHANGES - intermediary exclusives launched. A select number of products withdrawn.
Tipton RESI CHANGES - to a number of products
TML BTL, RESI NEW - remortgage residential range with free val and free legals. 5 yr limited edition BTL product
TSB RESI CHANGES - relaunch of 2 yr fixed rate FTB & purchase 85% LTV products and 2 yr fixed remortgage 90% LTV products. Reductions and increases to a select number of other products
Zephyr BTL NEW - 5 yr fixed limited edition products launched

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