Mortgage Product Update 18/5/2021

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

Bath Building Society

Bath Building Society has made rate changes to their MIG products and introduced new rent-a-room and shared ownership products. Bath BS has also relaunched their BTL and HMO products for individuals and LTD companies.

Foundation Home Loans

Foundation Home Loans has withdrawn 16 BTL products and re-launched 4 of the withdrawn products with lower rates. They have also launched 12 new products; 8 of which come with 1 free valuation, cashback of £250 and the £125 application fee waived.

Kent Reliance

Kent Reliance has launched four Limited Edition BTL Specialist products up to 75% LTV for HMOs/MUFBs with up to 6 bedrooms/units and up to 70% LTV for HMOs/MUFBs with 7+ bedrooms/units.

Leek Building Society

Leek Building Society has refreshed their new business products with new codes, rates, and extended end dates to September. They have also launched a new 2 year discount residential product at 85% LTV and a 5 year fixed standard Buy to Let product at 75% LTV.

Reliance Bank

Reliance Bank has made various product and criteria changes across their mortgage product range.

Santander UK Plc

Santander UK Plc has made selected rate reductions and launched 2 and 5 year fixed products at 85% LTV for Purchase applications. All charge and completion dates have been rolled on.

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