Brilliant Solutions

Product Blast w/e 27 May 2022

Update Overview

We continue to see lenders increasing their rates again this week. Some lenders are going as far as to withdraw and replace entire product ranges with higher rates, while some lenders such as TSB & Metro are temporarily withdrawing ranges with no replacements.

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL RESI INCREASES - several rates increased across various ranges
Aldermore BTL RESI CHANGES - new mortgage rates launched & several policy changes made
Clydesdale BTL RESI INCREASES - several rates increased across various ranges
HTB BRI NEW - Bridge EPC Refurb product launched
H&R BTL CHANGES - 1 product withdrawn & temporarily increased min loan size for all new applications to £250k
Kensington BTL RESI CHANGES - new products launched with refreshed rates
LiveMore RESI CHANGES - current rates are being refreshed
Leeds BTL CHANGES - several products withdrawn & select rates increased across various ranges
Metro BTL WITHDRAWALS - temporarily removed Portfolio BTL's from product offering
Molo BTL INCREASES - to all BTL rates
Newcastle BTL RESI CHANGES - 3 products withdrawn & refresh on selected products across resi, Deposit Unlock, BTL & Interest Only ranges
Progressive RESI CHANGES - alterations made to Online System
Santander RESI CHANGES - new FTB product launch & several product changes made including Self-employed applicants can now borrow up to 90% LTV
Shawbrook BTL CHANGES - several rates increased across various ranges & new BTL Energy Efficiency Discount now available
Suffolk RESI CHANGES - several rates increased across various ranges & select products withdrawn
TML RESI CHANGES - refresh of entire residential product range
TSB RESI CHANGES - several products temporarily withdrawn & select rates increased
Virgin BTL RESI INCREASES - to select rates across various ranges
West One BTL CHANGES - all fixed rate products withdrawn & replaced with new products with increased rates

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