The following updates were completed and are live in SOURCE today:
Accord have updated their debt consolidation criteria as follows: -They have removed the cap on the amount of secured debt. Unsecured debts remain subject to the £50,000 debt consolidation limit (top slicing not available). -Maximum LTV is 80% for Residential applications and 75% for Buy to Let, and both secured and unsecured debt are subject to the maximum 10 debt rule. Accord is also now lending up to 80% LTV for first-time landlords in the Buy to Let range.
Darlington Building Society
Darlington Building Society have decreased rates on select residential and buy to let mortgage products.
Leeds Building Society
Leeds Building Society has reduced selected Residential fixed rates by 0.05% and have launched new Buy to Let fixed rates with no product fee.
NatWest has amended the rates on two of their 2 year fixed Purchase products at 70% and 75% LTV. They have also withdrawn their Green 2 year fixed product at 75% LTV.
Teachers Building Society
Teachers Building Society have withdrawn select residential products.
West Bromwich Building Society
West Bromwich Building Society reduced rates on selected standard residential product