Brilliant Solutions

Product Blast w/e 17 MAR 2023

Update Overview

Another week, another medley from lenders. We are seeing some lenders making changes to their rates and introducing new products while others are updating their product criteria such as Vida . Pepper have introduced a new document submission system.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI CHANGES- Increases to all fixed rates across Product Transfer and additional loan ranges and selected fixed rate products for new business for RESI. Product refresh for all discounted Product Transfer ranges.
Foundation BTL NEW - 5 yr fixed rate Ltd Edition BTL products launched.
Kensington BTL NEW - Launch of special 2 & 5 yr fixed 75% LTV rates.
Leeds BTL REDUCTION - To 60% LTV BTL portfolio rates.
LendInvest RESI NEW - 65% LTV RESI rate introduced.
MPowered RESI NEW - RESI trackers launched .
Newcastle BTL RESI CHANGES - Increases to all SVR products. New 95% Existing Customer Discount Product launched. Withdrawal of two 5 yr 70% LTV fixed rates.
Pepper BTL RESI NEW - Case document submission system.
Progressive RESI CHANGES - To all fixed rate RESI products. Introduction of RESI online exclusive product rates.
Saffron BTL RESI WITHDRAWAL - To selected RESI and BTL products.
Suffolk BTL RESI CHANGES - Increases in rates to Expat & BTL discount ranges. New 2 yr discounted products for RESI and Holiday Let.
TSB RESI CHANGES - Reductions and increases to selected 2 & 5 yr fixed RESI and Product transfer rates.
Vernon RESI UPDATES - RESI Product refreshes to selected 5 yr fixed rates.
Vida BTL UPDATES - Enhancements across BTL criteria.





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