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Weekly Product News w/c 26th October 2009 |
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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- Product 4.18% fixed until 30/11/2012 has been withdrawn from Darlington Building Society.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- 5.99% fixed until 31/01/17 75% LTV withdrawn.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- 10 year fixed rate product has been withdrawn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- The Chorley & District Building Society has temporarily withdrawn it's Buy to Let mortgage schemes.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.
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