TSB: Changes to Residential products, end dates and base rate increase
TSB has applied new reversionary rates to products to reflect the Bank of England base rate increase to 0.25% from 10 January for new customers. Homeowner Variable Rate 3.74% Buy to Let Variable Rate 4.59% Residential product end dates have been extended to end of May and various rate changes on Affordable Housing products apply, from Monday 10 January. Reduced rates: 5 Year [...]
Hanley Economic: New Products
Introducing 3 new products, available immediately; MFD443 2.90% Fixed for 5 Years Up to 95% LTV No application or product fee Free standard valuation (if house if estimated over £250,000 – a contribution of £310 towards valuation) Available for house purchase only (not remortgage) MFD444 1.59% Fixed for 5 Years Up to 75% LTV [...]
Vida Homeloans: Full Product Range Withdrawal
Full Product Range Withdrawal In advance of something particularly spectacular happening on Tuesday 11th January we will be withdrawing ALL our current products at 6.30pm on Monday 10th January. DON'T PANIC! - Transition arrangements Decisions in Principle must be submitted, with product selected, by 6.30pm on Monday 10th January For any new DIPs, or cases [...]
Halifax Intermediaries – Product Launch 10.01.2022
Changes to our product range On Monday 10 January, we’re making the following changes to our product range: First time buyer and homemover products including Green products and excluding Large Loans £1,499 fee products will be withdrawn. Further Information Please click Find Out More to access the Product Rate Guide which has been updated [...]
NatWest to make rate changes to both New Business and existing customer product range
Effective 7th January we are making the following changes to our New and Existing customer product ranges: New Business New Products First Time Buyer: 4 new products, covering 85% and 90% LTVs, across 2 and 5 year deals Rate Changes Purchase: Rate decreases of up to 10bps and 12bps on selected 2 and 5 [...]
Landbay: New Year, New Rates
We've started the new year with a bang, launching a product refresh featuring rate reductions up to 0.29%! Our Green range has been simplified, offering the same discounted rates for EPC A,B and C rated properties — new builds are now accepted! Product highlights Standard 5 Year 75% LTV @ 3.04% with free valuation options Green Standard 5 Year 75% [...]
Virgin Money: Changes to our Standard and BTL Variable Rates
Following the decision by the Monetary Policy Committee on 16 December 2021 to increase the Bank of England Base Rate to 0.25%, we’re making some changes. On 6 January 2022, we will increase our Standard Variable Rate to 4.49% and our Buy to Let Variable Rate to 4.69%. What happens with existing customers Customers [...]
The Mortgage Lender: Introducing RL0 – more ways to lend to the self-employed and those with complex incomes
We recently discovered that while our RL1 product allowed some missed payments, or unsecured credit events in the profile, 55% of our applicants on that product didn’t have any at all. These findings are in addition to our research that we conducted earlier in the year finding that the impact of the pandemic on earnings [...]
Furness Building Soicety: We’re increasing our MVR
In line with the Bank Base Rate increase on 16th December, the Society's Mortgage Variable Rate will increase by 0.15% for new customers on Thursday 6th January. The MVR from this date will be 5.29%. The initial pay rate for any variable products currently linked to the MVR will therefore increase by 0.15% from [...]
