Weekly Product News w/c 21st June 2010 PDF Print E-mail
Friday, 25 June 2010 00:00
Intermediary Products

Abbey:
  • Rates increased on all 70% 2 year Homebuyer, Homebuyer Plus and Remortgage 2 year trackers with £495, £995 and £1,495 fees
  • Rates increased on 70% 3 year Homebuyer and Remortgage trackers

Coventry Building Society / Godiva:
  • The following residential products have been withdrawn: FXR21 / FXR25 / FXR27
  • The following BTL products have been withdrawn: GBT62 / GBT65 / GBT66 / GBT67
  • The following residential products have been launched: FXR44 / FXR47 / FXR46 / FXR46  TKZ36 / TKZ37 (Repayment Basis Only)
  • The following BTL products have been launched: GBT68 / GBT69 / GBT70 / GBT71
  • The following residential products have been withdrawn: FXR21 / FXR25 / FXR27
  • The following BTL products have been withdrawn: GBT62 / GBT65 / GBT66 / GBT67

First Complete:
  • Everyday Fixed rate 4.09% until 01/08/13 has been replaced with a rate of 3.97% until 01/10/13.
  • Everyday 20 rate of 3.49% until 01/08/2012 has been withdrawn.

Furness Building Society:
  • The following products have been launched: DIS116 / DIS117 / 36FIX / 36FXA / 37FIX / 37FXA / 38FIX / 38FXA / 71FLX / 72FLX

Leeds Building Society:
  • A new intermediary 6.99% 3 year fixed fees assisted Shared Ownership product has been launched by Leeds Building Society.

Manchester Building Society:
  • Have removed all their BTL products and introduced a new BTL managed Rate 65%

Melton Mowbray Building Society:
  • Mortgage Options Exclusive Melton Mowbray Building Society product has been withdrawn.

Newbury:
  • Have launched a new 2 year fixed rate and a 2 year discount rate.
  • Newbury have also educed their Fixed rate to 01/03/2015 from 5.25% to 4.89%

Northern Rock:
  • Everyday 2 Year Tracker rate for purchases at 70% LTV with a £995 fee will now be 2.59%.
  • Everyday 2 Year Tracker rate for remortgages at 70% LTV with a £995 fee will now be 2.75%
  • Everyday 2 Year Tracker rates for purchase and remortgage at 75% LTV with a £995 fee will now be 2.84%

Direct Products

Furness Building Society:
  • The following products have been launched: DIS116 / DIS117 / 36FIX / 36FXA / 37FIX / 37FXA / 38FIX / 38FXA / 71FLX / 72FLX#

ING:
  • Have increased their term to 40 years and re-priced selected fixed rates, rate reductions up to 0.20%