Last weeks product updates
Spring Finance – 21.11.2022
Rate increase.
Landbay – 21.11.2022
Rate reduction.
WestOne – 23.11.2022
BTL
Application fee increasing from £150-£180.
Launch of new Limited Edition products.
Lendinvest – 23.11.2022
Fixed rates reduced + tracker margins increased.
Vida – 23.11.2022
Rate reduction.
Landbay – 23.11.2022
1 Year Fixed withdrawn.
Kensington – 24.11.2022
Residential
25bps decrease on all Residential 75%/80%/85% LTV products – excluding Assisted Deposit, Shared Ownership, RTB, HTB and 3 new Residential 70% LTV plus Special Edition products launched.
Kensington – 24.11.2022
BTL
All BTL 85% LTV products removed.
Paragon – 24.11.2022
Non-Portfolio products for Core are returning.
5yr Fixed ICR Reference rate has changed to 5.50%.
e.g. Initial Rate or Reference Rate 5.50% (Whichever is greater)
Withdrawal of 2BM364
Precise – 25.11.2022
BTL
Limited Edition fixed rates increased and product fee reduced.
TFC, working with intermediaries for over 30 years.
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