Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

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.

Santander Update

View here for Santander’s latest announcements.   Please remember that you can access Santander products, including semi-exclusive mortgages, through our direct to lender mortgage club which pays on completion.  Contact us for more information.  Visit Santander for Intermediaries website

Santander rates update

On Tuesday 26 April, as a result of market conditions and competitor changes, we’re increasing some fixed rates by up to 0.55%. We’re also re-introducing selected £0 fee fixed rates.

Please remember Live Chat is available for your new business and existing case enquiries. From Tuesday 3 May, Live Chat will close at 5pm Monday to Friday.

Residential
Purchase only
  • 60% LTV 2 year fixed rate at 2.54% with a £999 fee – increased by 0.40%
  • 75% LTV 2 year fixed rate at 2.59% with a £999 fee – increased by 0.40%
  • 85% LTV 2 year fixed rate at 2.64% with a £999 fee – increased by 0.40%
  • 90% LTV 2 year fixed rate at 2.69% with a £999 fee – increased by 0.40%
  • 90% LTV 2 year fixed rate at 2.99% with a £0 fee – NEW
  • 90% LTV 5 year fixed rate at 2.84% with a £999 fee – increased by 0.35%
  • 90% LTV 5 year fixed rate at 3.04% with a £0 fee – NEW
  • 95% LTV 5 year fixed rate at 3.39% with a £0 fee – increased by 0.40%
  • 95% LTV 2 year fixed rate at 3.34% with a £0 fee – increased by 0.45%
New Build
  • 75% LTV 2.5 year fixed rate at 2.59% with a £999 fee – increased by 0.40%
  • 75% LTV 2.5 year fixed rate at 2.89% with a £0 fee – increased by 0.50%
  • 85% LTV 2.5 year fixed rate at 2.64% with a £999 fee – increased by 0.40%
  • 85% LTV 2.5 year fixed rate at 2.94% with a £0 fee – increased by 0.50%
Help to Buy
  • 75% LTV 2 year fixed rate at 2.94% with a £0 fee – increased by 0.50%
  • 75% LTV 2.5 year fixed rate at 2.79% with a £999 fee – increased by 0.55%
  • 75% LTV 5 year fixed rate at 2.84% with a £999 fee – increased by 0.50%
  • 75% LTV 5 year fixed rate at 2.99% with a £0 fee – increased by 0.50%
Purchase and remortgage
  • 60% LTV 5 year fixed rate at 2.69% with a £999 fee – increased by 0.45%
  • 60% LTV 5 year fixed rate at 2.89% with a £0 fee – NEW
  • 75% LTV 2 year fixed rate at 2.89% with a £0 fee – NEW
  • 75% LTV 5 year fixed rate at 2.74% with a £999 fee – increased by 0.45%
  • 75% LTV 5 year fixed rate at 2.94% with a £0 fee – NEW
  • 85% LTV 2 year fixed rate at 2.94% with a £0 fee – NEW
  • 85% LTV 5 year fixed rate at 2.79% with a £999 fee – increased by 0.45%
  • 85% LTV 5 year fixed rate at 2.99% with a £0 fee – NEW
Large loan purchase and remortgage
  • 70% LTV 2 year fixed rate at 2.74% with a £2499 fee – increased by 0.55%
  • 70% LTV 5 year fixed rate at 2.84% with a £2499 fee – increased by 0.50%
  • 75% LTV 2 year fixed rate at 2.79% with a £2499 fee – increased by 0.50%
  • 75% LTV 5 year fixed rate at 2.89% with a £2499 fee – increased by 0.50%
Remortgage only
  • 60% LTV 2 year fixed rate at 2.59% with a £999 fee – increased by 0.45%
  • 75% LTV 2 year fixed rate at 2.64% with a £999 fee – increased by 0.45%
  • 85% LTV 2 year fixed rate at 2.69% with a £999 fee – increased by 0.45%
  • 90% LTV 2 year fixed rate at 2.74% with a £999 fee – increased by 0.15%
  • 90% LTV 2 year fixed rate at 2.99% with a £0 fee – increased by 0.10%
  • 90% LTV 5 year fixed rate at 2.94% with a £999 fee – increased by 0.05%
  • 90% LTV 5 year fixed rate at 3.14% with a £0 fee – increased by 0.15%
Buy to Let
Purchase and remortgage
  • 60% LTV 2 year fixed rate at 2.59% with a £1499 fee – increased by 0.40%
  • 60% LTV 5 year fixed rate at 2.74% with a £1499 fee – increased by 0.45%
  • 75% LTV 2 year fixed rate at 2.64% with a £1499 fee – increased by 0.40%
  • 75% LTV 5 year fixed rate at 2.79% with a £1499 fee – increased by 0.45%
Remortgage only 
  • 60% LTV 2 year fixed rate at 2.89% with a £0 fee – NEW
  • 60% LTV 5 year fixed rate at 2.94% with a £0 fee – NEW
  • 75% LTV 2 year fixed rate at 2.94% with a £0 fee – NEW
  • 75% LTV 5 year fixed rate at 2.99% with a £0 fee – NEW
Product transfer
  • All fixed rates increased by up to 0.45%.
  • All 2 year tracker rates reduced by either 0.20% or 0.25%.
  • Santander product transfer rates are personalised to each customer, so you won’t find them on sourcing systems. Please log on to our Online Mortgage Transfer Service in Introducer Internet on behalf of your client to view the rates available to them.
Monthly housekeeping
  • Roll on of our charge and benefit end dates by one month.
  • Completion deadlines have been rolled on to:
            • 5 September 2022 for product transfers
            • 5 October 2022 for remortgages
            • 31 October 2022 for purchases
  • Fixed product codes will be replaced on all new business products.
Further information
  • For full details of our new business mortgage range please see the Rate Bulletin (Issue 7) which will be available on our website on Tuesday 26 April.
  • FMAs for products in Rate Bulletin (Issue 6) must be received by 10pm on Monday 25 April.
Update to our residential and Buy to Let affordability rates

On Thursday 28 April we’re updating our residential and Buy to Let affordability rates to reflect March’s Bank of England base rate increase.

Our affordability and Buy to Let calculators will be updated to reflect these changes. Please use these calculators to make sure you get an accurate reflection of what we can lend your clients.

Pipeline rules

Our usual pipeline rules will apply. All full mortgage applications (FMAs) already submitted on Introducer Internet by close of business on Wednesday 27 April won’t be affected by these changes. Any FMAs submitted from 6am on Thursday 28 April, or where a material change is made to an FMA submitted before close of business on Wednesday 27 April, will be assessed using our updated lending policy.

How are we supporting the change?

We’re updating the SFI website affordability and Buy to Let calculators and lending criteria.

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