Intermediary Products

Alliance & Leicester:

• 4 new 2 year fixed rate products launched ranging from 70-75% LTV for remortgage and house purchase.
• All 5 year fixed rates at 75% LTV have been withdrawn.

Buckinghamshire Building Society:

• Buy to Let fixed rate of 5.99% until 30/11/2011 the fee has been reduced to 1% minimum £500.
• In addition all products with the exception of the owner occupied standard variable rate which remains unchanged, a booking fee of £250 is payable on application and the balance on completion which may be added to the loan.

Darlington Building Society:

• A new 3 year fixed rate product at 4.18% has been launched.

Halifax:

• New re-mortgage 2 Year Fixed product 6.64% 75%-85% LTV has been launched.
• Existing Halifax Home mover 3 Year Fixed rate has been replaced with 2 Year Fixed rate 6.64% until 30/11/2011.
• Broker Retention products selected 2 and 3 year fixed rates have been reduced.

Nationwide:

• New 60% LTV purchase product introduced for both fixed and tracker rates.
• New FTB criteria, £100 contribution no longer in place, customers will benefit of free legals instead if using NBS own solicitor.
• New FTB products: 4 and 5 year fixed.
• New 2 year fixed no reservation fee with free legals if using NSB own solicitor.

Northern Rock launches new products for 16/10/09:

Residential

• Products up to 75%LTV
• 2 Year Flexi Fixed products have decreased by up to 0.40%
• 5 Year Flexi Fixed products have decreased by up to 0.30%
• 2 Year Flexi Tracker products have decreased by up to 0.14%
• Products up to 85% LTV remain unchanged.

BTL

• Remain unchanged.

Whiteaway Laidlaw Bank:

• Product WLBBTL3A has been replaced with WLBBTL3B: same product details but with an increase in arrangement fee from 2.50% to 2.75%.

Direct Products

Clydesdale Yorkshire Bank:

• Variable 3.99% Current Account Mortgage for Term increased maximum Loan to Value from 70% to 75%
• New Buy to let product launched 6.49% Fixed until 31/12/2011 60% LTV.

Halifax Direct:

• Have re-priced their current products new products available 16th October.