Weekly Product News w/c 26th October 2009 PDF Print E-mail
Intermediary Products


Cheltenham & Gloucester:

* Criteria Change – Buy to Let remortgages no longer have the free legal service.
* A revised range of products has been launched for Cheltenham & Gloucester Buy to Let.

  • Two tracker rates and two fixed rates now available for 2 years instead of 3 years
  • Rates have decreased between 0.19% and 0.99%



Darlington BS:
  • Product 4.18% fixed until 30/11/2012 has been withdrawn from Darlington Building Society.



ITL:
  • 5.99% fixed until 31/01/17 75% LTV withdrawn.

Launched:

  • 4.29% fixed until 31/01/2012 Max 65% LTV
  • 5.59% fixed until 31/01/2012 Max 80% LTV
  • 5.79% fixed until 1/01/2013 Max 80% LTV
  • Capped Tracker - Capped at 5.89% until 31/01/2013 (Pay rate of BB+3.39%) Max 70% LTV
  • Term Tracker - BB+3.49% Max 80% LTV


Newbury Mortgage Services:
  • Property locations amended to the following postcode areas:
    RG, OX, HP, SN, SL, SP, SO, GU, GL, BS, BA, DT, BH, PO, BN.

Direct Products


Lloyds TSB Scotland:

A revised range of products has been launched for Lloyds TSB Scotland.

  • 2 year fixed rates reduced by 0.10%
  • 3 year fixed rates increased by 0.10%
  • New 2 year Tracker rates introduced
  • 3 year Tracker rates increased by 0.10%



Chelsea Building Society:

 

A revised range of existing borrower products have been launched for Chelsea Building Society.

  • Arrangement fees have been increased from £495 to £995
  • 2 year fixed rate increased by 0.15%
  • 5 year fixed rate increased by 0.14%
  • 2 year variable rate discount reduced by 0.25%
  • New 5 year variable rate discounted product now available
  • 10 year fixed rate product has been withdrawn



Chorley & District BS:
  • The Chorley & District Building Society has temporarily withdrawn it's Buy to Let mortgage schemes.



Derbyshire BS:
  • The end dates have been extended to 31st January.