Brilliant Solutions

CHRISTMAS OPENING HOURS – the office will close on Monday 23rd December at 5:30 pm and will re-open on Thursday 2nd January 2025 at 9 am

Office now closes 5pm on Fridays

CHRISTMAS OPENING HOURS – the office will close on Monday 23rd December at 5:30 pm and will re-open on Thursday 2nd January 2025 at 9 am

 

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 30/06/23

By / 30th June 2023 / Product Updates

Product Blast sponsored by LiveMore

Update Overview

It won’t come as much of a shock that the theme of this week continues to be withdrawals, rate increases and product refreshes.

Mansfield, Saffron and TSB launch some new products. 

This Week's Updates

LENDER TYPE DETAIL MORE
Accord BTL, RESI INCREASES- Of selected Resi fixed rates products ranging from 60 - 95% LTV & 2, 3 & 5 yr fixed rate BTL products.
Aldermore BTL, RESI CHANGES - Refresh of their entire Mortgage range. Increase to all variable rate products.
Dudley BTL, RESI REFRESH - Of fixed rate products.
Fleet BTL INCREASE - To tracker rate ranges.
Foundation BTL, RESI REFRESH - Of BTL and Resi ranges.
HTB BTL, COMM CHANGES- Increase of max loan to £25m for Special Edition 5 yr fixed rate product. Increases in rates across ranges.
Hodge BTL, RESI INCREASE - To select 2 & 5 yr fixed rates across 50+ Resi, RIO, Holiday Let and Professional mortgage products.
Kensington RESI REFRESH - Of selected 2 yr fixed rate Resi products.
Landbay BTL REFRESH - Of the product ranges.
Mansfield BTL NEW - BTL SPV lending product options.
Metro BTL WITHDRAWAL - Of all new business and 60% LTV products for existing customers in the BTL range.
Nationwide RESI INCREASE - To all fixed rated products.
Newcastle RESI WITHDRAWAL - Of selected 2 yr fixed rate Interest Only product.
Norton BTL, RESI INCREASE - To all fixed and variable rate lending plans.
Pepper BTL, RESI REFRESH - Of all products.
Saffron BTL, RESI CHANGES - 5 yr fixed 75% Expat BTL product withdrawn. Refresh of product range and reintroduction of BTL, LTD Company BTL and selected Expat BTL product ranges.
Santander BTL, RESI CHANGES - Increases to all standard & large loan fixed rates & tracker rates. Withdrawing all standard resi 60% LTV fixed rates.
Shawbrook BTL, COMM CHANGES - Increase to Complex BTL, Comm and Semi-comm variable and fixed rate products. Withdrawal of new lending products for Second Charges.
TMW BTL INCREASE - To New Business rates and ERC's
TSB BTL, RESI CHANGES - Increases across 2 & 5 yr fixed rate products. Reintroduction of 10 yr fixed resi product & BTL 2 yr purchase & remortgage product.
Vernon BTL, RESI NEW - selection of 5 yr fixed rate products.
Vida BTL WITHDRAWAL - Of the 2 yr BTL Limited Edition product.
Virgin BTL, RESI INCREASE - To 2, 3 & 5 yr fixed rate Exclusive and Core Resi and Product Transfer products & 2 & 5 yr fixed rate Exclusive and Core BTL products.
West One BTL INCREASE - to all BTL fixed rates, SVR rated products & to all Second Charge Products. Second charge LTVs reduced to 75% on Apex 0 range. Stress test rental calculation changed.
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