Weekly Product News w/c 5th April 2010 PDF Print E-mail
Friday, 09 April 2010 00:00
Intermediary Products
Coventry Building Society:
  • Have withdrew their remortgage only fixed rates and introduced a new set of fixed rates available to both Purchase and Remortgage



Nationwide:
  • From the 7th April 2010 Nationwide will be re-pricing a mixture of fixed and tracker products across the range



Newbury Building Society:
  • A new 5.25% Fixed rate until 2015 has been launched



Woolwich:
  • All fixed end dates rolled on 3 months and rates reduced by between 0.1% and 0.5
  • To secure any of Woolwich products for your clients you will now need to book the funds via the Woolwich Online Fund Booking System



Direct Products



C&G:
  • Product end dates extended to May
  • Completion deadline extended to 31st July 2010


Derbyshire Building Society:
  • All existing products have new extended end dates



First Active:
  • First Active brand has been removed from the market with effect from tonight



ING:
  • Lifetime Tracker Rate 75% LTV = rate increased from 2.69% to 2.84%



Post Office:
  • The Post Office has now reduced the rates on its two and five-year fixed rate deals at 60%, 75% and 80% LTV



Teachers Building Society:
  • Withdrawn 3 Year Fixed rate 6.59% & 6.69% and 5 Year Fixed rate 6.89% & 6.99%