Brilliant Solutions

Mortgage Product Update

Product Blast w/e 29 June

Update Overview

This week has seen some stability with minor repricing.  Positive moves in HTB and shared ownership. 

Residential Mortgages

LENDER CHANGE DETAIL MORE
Accord NEW+ Now paying proc fee on full mortgage balance on ported loans (not additional sum). High LTV range also available. Repriced much of range.
Barclays CHANGES Range repriced.
Cambridge WITHDRAWN 2 yr 95% Shared Ownership Products
Coventry CHANGES Increased rates for 2yr and 5yr resi, including offset.
Family CHANGES+ Revised range and EXCLUSIVES.
Leeds CHANGES HTB and RTB rates down, Max LTV on HTB and Shared Equity up to 85% LTV.
Marsden CHANGE Updated several products across residential range including later life lending.
Melton Mowbray CHANGES 2 Year Fixed Rates Re-Launched. Standard Resi and some Shared Ownership products withdrawn.
Platform NEW Back in the 90% LTV space.
Metro CHANGE Re-price
Santander CHANGE Pricing changes (Up and down) across 2 yr and 5 yr fixed residential mortgages.
Skipton CHANGE Rate increases and product withdrawals
TSB CHANGE Rate switch pricing cut for 2yr and 5yr.
Virgin WITHDRAWN 85% Residential rates increased.

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Buy to Let Mortgages

LENDER CHANGE DETAIL MORE
LendInvest CHANGE Rate cuts, LTV increases and other improvements. Limited edition products released.
Principality CHANGE Rates increased in BTL and Holiday Let
Nottingham CHANGE Rate cuts, LTV increases and other improvements. Limited edition products released.
Virgin WITHDRAWN Rates increased on BTL and Portfolio.

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Secured Loans, Bridging & Development, Commercial Mortgages

LENDER CHANGE TYPE DETAIL MORE
Optimum NEW Secured Loan Will now offer further advances. This lender offers 95% LTV.

This sector sees little in the way of genuine product rate changes and updates.  Contact us for further information. 

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