Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Mortgage Product Update

Product Blast w/e 17 Jul

Update Overview

The 90% LTV market gets a new arrival in Nationwide.  Rates still creeping up but not as quickly as recent weeks. Improvements for self-employed.

Residential Mortgages

LENDER CHANGE DETAIL MORE
Accord CHANGES Criteria changes to new build incentives following Stamp Duty announcement.
Barclays CHANGES LTI and Interest Only criteria changes as well as minor product refresh.
Cambridge NEW New 2 and 5 yr rates 90% and 95% LTV on 17th Jul.
Coventry CHANGES 90% LTV in, 90% LTV out...
HSBC INCREASES Rates up on 2 and 5 yr fixed. 3 and 10 yr fixed removed.
Leeds CHANGES Minor changes and withdrawals.
Melton WITHDRAWN ALL shared ownership products, inlcuding MBS Lending
Metro NEW 90% LTV and 85% LTV ranges introduced
Newcastle NEW Self Employed Mortgage Range and PTs too.
NatWest WITHDRAWN Withdrawn all intermediary exclusives, only standard range remains.
Nationwide CHANGE New 90% LTV, 85% LTV rates up. Other changes introduced.
Platform CHANGE New range of 2 and 5 year mortgages from 60% to 85% LTV. Rates up, including PTs.
TSB CHANGES Furlough income assessment changes, 85% LTV changes and mionor changes.
Virgin CHANGES Increse in rates in shared ownership and high LTVs. Reductions in low LTV Rates.

Buy to Let Mortgages

Text summary to be inserted.

LENDER CHANGE DETAIL MORE
Accord CHANGES Numerous product changes across range.
Cambridge NEW New rates expected on Ex Pat and BTl 2 and 3 yr on 17th.
Kensington REDUCED BTL Rates.
Leeds NEW 70% LTV Fixed rate on Holiday Lets
Precise NEW Ltd Co 5yr fix BTL at 3.54% LIMITED EDITION.
TMW CHANGES 50% LTV with £1,995 fee and Ltd Co £0 fee both withdrawn. Ltd Co 2 yr fix rates up.
Virgin WITHDRAWN Some fixed rates withdrawn. Low LTV rates fall.

Secured Loans, Bridging & Development, Commercial Mortgages

LENDER CHANGE TYPE DETAIL MORE
UTB NEW Secured Loan 75% Max LTV onSelf-employed applicants
Optimum NEW Secured Loan Self employed at 85% LTV. Min credit scores reduced.

This sector sees little in the way of genuine product rate changes and updates.  Contact us for further information. 

Contact us on [email protected] or complete the form below, & we will add you to the list for this campaign only.  See our Use of Information Policies & our Terms of Business the which are available on our policies page.





    01792 277 555

    INTERMEDIARIES ONLY

    Office Hours:  09:00 – 17:30 Monday – Friday

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