Brilliant Solutions

Product Blast w/e 21/07/23

Update Overview

A slightly quieter week this week but carries on the running theme of more rate increases with a few product refreshes and withdrawals mixed in.

TSB introduce a new 10-year fixed-rate Residential Additional Borrowing product. Pepper introduces some First Home Scheme products.

This Week's Updates

LENDER TYPE DETAIL MORE
Aldermore BTL, RESI NEW - 2 & 5 yr BTL, Resi and Product Switch products.
Clydesdale RESI WITHDRAWAL - Of selected 2 & 5 yr fixed rate Resi Exclusive Remortgage products.
Coventry BTL, RESI CHANGES - Increase to all fixed BTL, BTL portfolio & Resi new business rates. Withdrawal of all fixed Resi new business rates at 80% LTV. Withdrawal of all fixed rate BTL & BTL portfolio new Business rates at 75% LTV. Temporary withdrawal of the Resi Remortgage Cashback option on Offset, IO and Offset IO products.
Foundation BTL, RESI CHANGES - Refresh of BTL and Resi product ranges. New Limited Edition BTL 5 yr fixed rate products.
Leeds RESI INCREASE - To selected Resi fixed rate products.
Leek RESI WITHDRAWAL - Of 2 yr 90% LTV Resi fixed rate product.
LiveMore RESI CHANGES - To selected rates and products.
Newcastle BTL NEW - 2 & 5 yr existing customer BTL product launch.
Pepper BTL, RESI CHANGES - New First Homes Scheme product range. Lender base rate increasing from 1st August.
Saffron BTL, RESI REFRESH - Of selected 5 yr fixed Resi Owner Occupied, Contractor, JBSP, Rio Mortgage & Expat BTL products and of selected 2 yr fixed LTD Co BTL rate product.
Suffolk BTL, RESI REFRESH - Of selected 2 yr fixed rate Expat Resi and Expat BTL products.
TSB BTL, RESI CHANGES - New Resi Additional Borrowing 10 yr fixed rate products. Increases to Resi shared ownership and Shared Equity products, 2 yr fixed BTL Purchase and Remortgage rates, 5 yr fixed BTL Product Transfer rates and 5 yr fixed BTL Additional Borrowing rates.
Vernon RESI NEW - 5 yr fixed rate Resi products launched.
Virgin BTL, RESI CHANGES - New Resi Exclusive Purchase 2 & 5 yr fixed rate products. New Resi and BTL Exclusive Remortgage 2 & 5 yr fixed rate products. New Exclusive Remortgage 60% 7 yr fixed rate product. Withdrawal of all other existing fixed-rate Exclusive products. Increase of selected 2, 3 & 5 yr fixed rate products. Increase to BTL Portfolio rates. Increase to Product Transfer 2, 3 & 5 yr fixed rate products.





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