Weekly Product News w/c 5th July 2010 PDF Print E-mail
Monday, 12 July 2010 00:00
Intermediary Products
Barnsley:
  • Have moved their dates forward and introduced a 90% LTV 2 year fixed rate
Cheltenham & Gloucester:
  • The 3 year tracker BBR 5.49% (Purchase / Repayment Only) is now a 2 year Tracker. Product end date extended to September 2012.
  • End dates extended to September.
  • Complete by dates extended to 31st December 2010.
  • Product codes amended.
Openwork / C&G:
  • C&G products have been updated – new end dates and product codes.
Sesame AR / C&G:
  • C&G products have been updated – new end dates and product codes.
Sesame / C&G:
  • C&G products have been updated – new end dates and product codes.
L&G AR / C&G:
  • C&G products have been updated – new end dates and product codes.
L&G / C&G:
  • C&G products have been updated – new end dates and product codes.
PMS / C&G:
  • C&G products have been updated – new end dates and product codes.
PTFS / C&G:
  • C&G products have been updated – new end dates and product codes.
The Co-Operative Bank:
  • Has launched revised range of 3 year & 5 year Tracker products.
Halifax news:
  • Halifax has reduced the arrangement fee for the Homemover, Remortgage and BTL direct products.
Halifax semi exclusives - L&G, Sesame & MAB:
  • Halifax has launched a new range of semi exclusives for Homemover and Remortgage products.
Hinckley and Rugby Building Society:
  • 2 Year Discount 80% LTV (£395 Arrangement Fee & £395 Completion Fee) has been withdrawn.
  • New products have been launched.
Lloyds TSB Scotland Spearhead:
  • The 3 year tracker BBR 5.49% (Purchase / Repayment Only) is now a 2 year Tracker. Product end date extended to September 2012. Revised products available:
  • End dates extended to September.
  • Complete by dates extended to 31st December 2010.
Manor Mortgages / Clydesdale Bank:
The following products have been withdrawn from Clydesdale Bank:
  • Offset 2 Year discounted rate until 31/08/2012 Up to 60% LTV
  • BTL 2 year 4.99% Fixed until 31/08/2012 Up to 70% LTV
Natwest:
Has launched a revised range of tracker direct products.
Newbury Building Society:
The following product has been withdrawn:
  • Fixed 3.87% until 01/07/2013 Max 75% LTV PUR
Northern Rock:
  • Selected Everyday Fixed rates reduced by up to 0.60%.
  • Everyday 2 Year Fixed rates to start from 4.35% up to 80% LTV on New
    • Business and 85% LTV on Mortgage Review.
  • Everyday 2 Year Fixed rates to start from 4.89% up to 85% LTV on New Business.
Precise Mortgages:
Are back on the market with 3 new core products and an exclusive with L&G.
Precise Mortgages:
  • Revised products available.
  • End dates extended to August.
  • Rental yield now 125% of the pay rate or SVR; whichever is the higher.
  • Interest only is permitted up to 75% LTV.
Intrinsic / Principality Building Society
  • New products launched.
  • Residential: 3728
  • BTL: 3730 / 3732
Openwork / Principality Building Society
  • New products launched.
  • Residential: 3728
  • BTL: 3730 / 3731 / 3732
Sesame AR / Principality Building Society
  • New products launched.
  • Residential: 3728
  • BTL: 3730 / 3732
Pink AR /Principality Building Society
  • New products launched.
  • Residential: 3728
  • BTL: 3730 / 3732
BDS EX / Principality Building Society
  • New products launched.
  • Residential: 3728
  • BTL: 3730 / 3732
First Complete / Principality Building Society
  • New products launched.
  • Residential: 3728
  • BTL: 3730 / 3732
The Royal Bank of Scotland:
  • Has launched a revised range of tracker direct products.
Direct Products
First Direct:
  • Fixed rates now have a max loan of £400,000.
  • Fees reduced to £99 for each product.
Principality Building Society:
  • Revised products available.
  • End dates extended to August.