Brilliant Solutions

NEW OPENING HOURS –  Office now closes 5pm on Friday

The Brilliant Loans direct number, 01792 277 277,  is not currently working.

Please Call us via Brilliant Solutions on 01792 277 555, option 3

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.

Product Blast w/e 21 October 2022

By / 21st October 2022 / Product Updates

Product Blast sponsored by Precise Mortgages

Update Overview

This week we continue to see lenders increasing rates, relaunching products and coming back to the market.  Some lenders have increased stress test rates and amend criteria.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI NEW - expanded rates & products across various ranges
Aldermore BTL RESI NEW - relaunch of product switch rates
Bucks RESI NEW - Relaunch fixed rate options
Barclays RESI CHANGES - Launching 2 & 5 year tracker products & 7 year fixed rates. Changes to rates of existing products
Coventry RESI CHANGES - Increases to new business & reducing 2 year tracker rates
CHL BTL NEW - Lifetime tracker BTL products
Foundation BTL RESI CHANGES - refresh of RESI & BTL rates. Increase of loan size for BTL
Hodge RESI NEW - return of 5 year fix products
Kensington BTL RESI CHANGES - Repricing all RESI & BTL
Leeds BTL RESI CHANGES - increases to select fixed rates, new fixed rates introduced and BTL stress test increased
LendInvest BTL NEW - limited edition products
Molo BTL NEW - return to the market
Newcastle BTL RESI NEW - relaunch of product range
Principality BTL RESI CHANGES - increased our current product range including BTL & Holiday Lets & increased our BTL/HL Stress Rate to 8.5%
Progressive BTL RESI CHANGES - Selected variable products for Product Transfers improved
Shawbrook BTL COMM CHANGES - new pricing for loans under £150k. Increases to fixed rates. Wholly retail property removed as acceptable security
Skipton BTL RESI CHANGES - Relaunch of products & rates
Together BTL RESI NEW - Launch of 5 year products
TSB BTL RESI CHANGES - Introducing 3 year fixed resi products & rates increased across various fixed rate ranges
Virgin BTL RESI NEW - Launch Green Reward
West One BTL RESI NEW - Lifetime Tracker & Stepped Discount products on Standard & Specialist ranges at 65% loan to value with rates from 4.79%
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