Brilliant Solutions

Product Blast w/e – 23 July 2021

Update Overview

We continue to see the rate reductions this week.  A few new products being added to some ranges and a couple of lenders amending and making improvements to criteria.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord RESI REDUCTIONS - to a number of products in residential new lending range
BM Solutions BTL REDUCTIONS - to rates
Coventry BTL, RESI REDUCTIONS - to selected rates across residential and BTL
Foundation BTL NEW - limited edition no fee 2 yr fixed product added to portfolio range
Halifax RESI CHANGES - increased max loan from £500k to £570k on selected FTB & home mover products
Kensington BTL, RESI CHANGES - removal of 3 months CMI requirements and improvements to self employed criteria
Landbay BTL REDUCTIONS - to rates to selected products across ranges
Leeds RESI CHANGES - selected 95% LTV products reduced and fees withdrawn. New 90% LTV 5 yr shared ownership product launched
Metro RESI CHANGES - increased max loan size to 95% LTV and reduction in rates for 90% & 95% LTV fixed rates
Nationwide RESI CHANGES - rate changes for a select number of products. New 3 yr fixed rates for purchase, FTB, remortgage & home mover ranges
Natwest RESI CHANGES - updated rates on a number of residential products and withdrawn a select number of products from the Green purchase range
Newcastle RESI WITHDRAWAL - 1.97% dicounted rate until 30 Sept 2023
Nottingham RESI CHANGES - reductions across a selection of residential product and introduction of 2 new 90% LTV products. Amendments to BTL criteria in relation to being a owner occupier at time of application and income evidence
Pepper BTL, RESI CHANGES - reprice of products with enhanced LTVs and cashback. Improved criteria
Principality RESI REDUCTIONS - to a selection of products
Santander RESI REDUCTIONS - to a number of higher LTV fixed rate products
Skipton BTL, RESI REDUCTIONS - across residential & BTL fixed ranges
TMW BTL CHANGES - updated rates on a select number of products. New purchase only Ltd Co free legals range luanched
TSB BTL, RESI CHANGES - reductions and increases across a selection of rate switch products

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