The following updates were completed and are live in SOURCE today:
Aldermore Mortgages
Aldermore Mortgages has repriced their Residential mortgage products and introduced new Remortgage only products with no fee.
Beverley Building Society
Beverley Building Society has launched a new 2 year fixed 3.85% Purchase only product with £995 fee up to 95% LTV.
Chorley Building Society
Chorley Building Society increased the max LTV of a 2 year discount product from 75% to 80%, now allows first time buyers to apply for their first-time landlord BTL product and introduced a new 2-year discount BTL product at 80% LTV.
Clydesdale Bank
Clydesdale Bank has extended end dates to August of the applicable year on all products and has reduced interest rates on select 85% LTV products.
HSBC
HSBC has amended rates across their Residential mortgage range.
Leeds Building Society
Leeds Building Society has reduced selected Residential fixed rates at 80% and 95% LTV by up to 0.06% and selected Buy to Let and Portfolio Buy to Let 2 year 60% fixed rates by 0.05%.
Monmouthshire Building Society
Monmouthshire Building Society withdrew selected new business and retention standard residential and BTL products.
Paragon Banking Group PLC
Paragon Banking Group PLC has updated their 5 year fixed Portfolio products for Single self-contained units (SSCs) at 75% LTV. They have also launched a new 5 year fixed 3.25% Portfolio product at 70% LTV available for SSCs & HMOs/MUBs.
Precise Mortgages
Precise Mortgages have reduced rate to 3.39% on Tier 1 BTL 5 year fixed product at 75% for personal ownership and limited company. They have also launched new Tier 1 BTL 2 year fixed and 5 year fixed products with 1.5% fee up to 75% LTV for personal ownership & limited company and include refund of valuation plus £300 cashback.
Skipton Building Society
Skipton Building Society has extended end dates on select new business products to September of the applicable year. The Society has also launched a new 2 year fixed Shared Ownership purchase only product at 95% LTV and a 2 year fixed new business residential product at 90% LTV.
The Mortgage Works
The Mortgage Works have made the following changes to their New Business product rates: Selected Buy to Let, Remortgage Only, rates reduced by up to 0.40%; Selected Limited Company rates increased by up to 0.25%
United Trust Bank
United Trust Bank have launched new 0-Status products up to 85% max LTV for their first charge residential range.
Their second charge residential range has also been updated with new 0-Status products available up to 85% max LTV, and 2-Status products available up to 80% max LTV.
Virgin Money
Virgin Money introduced a brand new ‘Greener Mortgages’ product range where Customers must be purchasing a new-build residential home and It must have a certified or predicted energy rating of A or B. This range consists of 2 and 5 year fixed rate products with £995 fees up to a maximum of 85% LTV. Virgin also reduced rates on selected new business Core and Portfolio BTL products, as well as Product Transfer BTL products.
Yorkshire Bank
Yorkshire Bank has extended end dates to August of the applicable year and reduced rates on select products.
