Product Blast w/e 19 Feb

By Sally Miles / 18th February 2021 18th February 2021 / Product Updates

Product Blast sponsored by Precise Mortgages

Update Overview

What a positive week. New products launched, LTVs up and rates down. This is more or less consistent across the market. From Semi-Commercial, Holiday Let, BTL and HMO through to Residential.

This Week's Updates

LENDER	TYPE	DETAIL	MORE
Accord	BTL	NEW - BTL limits restricted for landlords and portfolios.
Foundation	RESI	NEW - Green mortgage launched
Fleet	BTL	NEW - Pricing across range.
Furness	BTL	DECREASES - Rates drop across BTL
Halifax	ALL	Dates on fixed terms change
Interbay	COMM	NEW - product refresh with new reduced rates and enhanced criteria
Ipswich BS	ALL	CHANGES - Rate reductions in 90% and fixed rates in Holiday Let.
Kensington	BTL, RESI	INCREASE - LTVs UP across range
Lendinvest	BTL	CHANGES - Enhancements across range and new 5yr Special Edition products.
Melton BS	RESI	CHANGES - New fixed rates across standard and shared ownership
Metrobank	RESI	CHANGES - New improved 90% pricing and more.
Nottingham	RESI	CHANGES - Enhanced Large Loan offering
NatWest	ALL	CHANGES - LTVs up and rates down.
Platform	RESI	NEW - Professional mortgage range launched
Precise	BTL	REDUCTIONS - Lower rates in HMO and BTL
Principality	BTL, RESI	WITHDRAWALS - Withdrawing a number of products
Progressive	RESI	NEW - New range released for employed applicants.
Santander	RESI	REDUCTIONS - Fixed rates down (some)
Together	RESI	NEW - First charge prime product
TSB	RESI	REDUCTIONS - Rates fall on a number of BTL products
Vida	BTL	REDUCTIONS - Rates cut in tier 1

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