Brilliant Solutions

Product Blast w/e 19 Mar

Update Overview

This week has brought with it some exciting news as we see Accord launch 95% LTV products for FTBs and other lenders bring back and widen their higher LTV products.  A few product withdrawals including Barclays green home product range and The Mortgage Lender’s acceptance of First Time Landlords.

This Week's Updates

Accord RESI NEW - 95% LTV launched for FTB
Aldermore BTL , RESI CHANGES - to product switch rates to include lower rates, fee free options along with other benefits
Barclays RESI WITHDRAWN - green home mortgage products temporaily
Coventry RESI CHANGES - to product range which include widening 90% LTV range and new product transfer range
Furness RESI WITHDRAWN - 80% LTV 2 yr discount no ERC product
Just ER INCREASES - to rates for J3 LTV series.
Kensington BTL, RESI CHANGES -New 90% LTV residential rates and lower BTL rates. Withdrawn 75% LTV BTL range with 1.5% fee option
Landbay BTL NEW - 5 yr fixed rate launched
Leeds BTL, RESI WITHDRAWN - selected products across ranges
Nationwide RESI CHANGES - reductions across selected products, increases to switcher products, increased LTV to 90% for high fee products
Newcastle RESI REDUCTIONS - to rates across 80% LTV residential range
Nottingham RESI CHANGES - repricing to a select number of residential rates. Withdrawal of 5yr fixed 2.20% 80% LTV product
Paragon BTL CHANGES - withdrawn selected BTL products and replaced with new range.
Platform BTL, RESI CHANGES - relaunched product ranges for new business and product switching
Principality BTL, RESI CHANGES - reductions to some residential rates, new HTB products, Increases to some BTL rates and some new products introduced across BTL ranges. New MSO platform launched for mortgage applications
Pure Retirement ER INCREASES - to rates across ranges
Saffron BTL CHANGES - repricing of Ltd Co BTL Products
Skipton BTL, RESI CHANGES - to retention product ranges
TML BTL CHANGES - min loan increased to £75,000. FTL will no longer be accepted
TMW BTL NEW - reintroduction of 50% LTV 5 yr fixed rates
TSB BTL, RESI CHANGES -reductions and increases across BTL and Residential ranges
Vida BTL REDUCTIONS - across BTL range

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