Mortgage Product Update 01/07/2021

The following updates were completed and are live in SOURCE today:

Accord

Accord has made selected rate amendments across their Residential Retention products.

Cambridge Building Society

Cambridge Building Society has made selected 90% LTV products available for Product Switch. They have also updated their Low Deposit product range and made it available for Purchases.

Chorley Building Society

Chorley Building Society has launched 2 new products. A North West Region Only product available for standard Residential applications up to a max LTV of 95% and a Government First Home Scheme product.

Earl Shilton Building Society

Earl Shilton Building Society has increased the maximum LTV of their first-time buyer 5 year discount product to 95%.

Foundation Home Loans

Foundation Home Loans has increased the total aggregate borrowing with FHL from £3m to £5m.

Halifax

Halifax has amended rates across their remortgage range.

Ipswich Building Society

Ipswich Building Society has made various rate changes to selected products and launched a 2 year fixed & discount residential mortgage for expatriates at 80% LTV.

Leek United Building Society

Leek United Building Society has made selected rate changes across their Residential ranges and launched new products under their BTL standard range, with a minimum loan of £150k.

Legal & General Home Finance

Legal & General Home Finance has reduced the interest rates on Black, Pink, Yellow, Green, Navy, Indigo and Violet product ranges.

Molo Finance

Molo Finance has switched from using Libor to the Bank of England base rate (BBR) in the calculation of their follow-on (reversionary) rate.

Monmouthshire Building Society

Monmouthshire Building Society has withdrawn all new business holiday let products, as well as their limited company rate switch version.

Paragon Banking Group

Paragon Banking Group has made various rate changes across their existing customer Single Self Contained and HMO/MUFB ranges.

The Mortgage Works

The Mortgage Works has updated rates on selected products, extended end dates to September and reintroduced 80% LTV products across their New Business range, as well as £0 fee products across their Standard BTL New Business range.

Tipton and Coseley Building Society

Tipton and Coseley Building Society has made rate and end date changes across various products in both their Residential and BTL product ranges.

Vernon Building Society

Vernon Building Society has launched a new 2 year discount remortgage product at 60% LTV with incentives.

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