Brilliant Solutions

Product Blast w/e 16 Dec 2022

Product Blast sponsored by Proportunity

Update Overview

The Bank of England Base Rate has increased again this week by 0.5% now making it 3.5%. We continue to see reducing rates, product refreshes, new rate launches and reintroductions of previously withdrawn products.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI CHANGES - Reductions to selected product transfer rates & relaunching discounted SVRs. Introducing new products for existing residential clients
Bucks BTL REDUCTION - to 2 year fixed rate holiday let product
Clydesdale RESI REDUCTIONS - to fixed rates across various product ranges
Coventry BTL RESI WITHDRAWN - Closing BBR tracker rates
Family BTL RESI CHANGES - new semi exclusive products via Brilliant. Refreshed discounted variable products. Launched new fixed rate products. Increase to Managed Mortgage Rate products
Furness RESI REDUCTIONS - To rates on 60% LTV product for residential mortgages
Hodge RESI REDUCTIONS - Across 50+ Holiday let & professional ranges
Leeds RESI CHANGES - selected 2 yr Shared Ownership rates reduced. New 5 yr Fee Free product. Rates reduced across Resi, IO & Retirement IO ranges. New 2 yr Retirement IO fixed rate.
LiveMore RESI REDUCTIONS - To rates across products including new Capital & Interest range
MPowered RESI NEW - Residential 5 year fixed product range
Nationwide RESI REDUCTIONS - To selected 5 & 10 year fixed rates and additional borrowing product range
Newcastle RESI WITHDRAWN - 5.99% Fixed rate 2 year
Progressive BTL RESI CHANGES - To rates across product ranges
Santander BTL RESI CHANGES - Reductions to residential & Buy to Let affordability rates. Increase to tracker products by 0.50%.
Skipton BTL RESI NEW - Introducing 3 new Green Additional Borrowing products for existing customers
Shawbrook BTL COM BRI CHANGES - To lending criteria
Suffolk BTL RESI CHANGES - Relaunch into Shared Ownership. Rate reductions to selected products across ranges
TMW BTL CHANGES - To Early Repayment Charges
TSB RESI CHANGES - To lending & loan to value criteria
Virgin BTL RESI INCREASES - to tracker rates following Bank of England Base Rate increase
Zephyr BTL CHANGES - reprice of 5 yr fixed rate products with new choice of fee options





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