Your round-up of mortgage rate changes and product updates over the past week
If you’re trying to keep up with the constant stream of lender changes, you’re in the right place. This is your broker-friendly snapshot of what’s moved over the past week—what’s gone up, what’s come down, and which moves were limited to certain products, terms, or LTVs.
Mortgage Introducer keeps a close eye on reprices, new product launches and withdrawals, plus any lending criteria changes that are genuinely worth having on your radar—so you can scan the headlines fast and get back to advising clients.
Updates are listed alphabetically to make it easy to jump straight to the lenders you care about.
Here’s your weekly round-up of UK mortgage rate and product changes from the past seven days:
Afin Bank is covering legal fees for successful remortgage applications submitted before the end of May.
Foundation has introduced a series of limited edition buy-to-let products across its F1, HMO and Holiday Let ranges.
Gen H has cut rates across its full product suite, including its New Build Boost offering, by up to 0.25%.
Hampshire Trust Bank has launched Flow, a new residential buy-to-let proposition, with rates starting at 5.54% for cases that meet clearly defined criteria.
Keystone Property Finance has lowered rates across its fixed-rate buy-to-let ranges by up to 0.15%.
ModaMortgages has announced a new limited edition buy-to-let range, including two- and five-year fixed-rate products, with pricing from 3.39%.
Newcastle Building Society has reduced rates across its new business range by up to 0.14%.
Nottingham Building Society has revised its buy-to-let criteria, including extending its maximum BTL mortgage term to 40 years from 35 and opening lending to first-time landlords.
Principality Intermediaries has relaxed its eligibility for its 5.5 times LTI feature for first-time buyers, reducing the minimum loan size from £180,000 to £150,000 and lowering the minimum income threshold from £40,000 to £30,000.
Santander has raised rates by as much as 0.32% on its fixed-rate product transfer deals.
TSB has revised its LTI multiples for both employed and self-employed borrowers taking loans up to 85% LTV.
Together has rolled out a new suite of commercial and semi-commercial products in response to rising market demand.
Virgin Money is increasing selected purchase, remortgage and product transfer rates.
Are you a mortgage lender whose product and rate changes weren’t included in this round-up? Email the author to have your latest product updates included.
