ALL LENDER UPDATES

Santander’s Response to the Bank of England Base Rate Change

On Thursday 3 August, the Bank of England (BoE) base rate increased by 0.25% from 5.00% to 5.25%. Santander tracker products will increase by 0.25% from the beginning of September. Payments will change from October onwards. This includes the Follow-on Rate, which will increase by 0.25% to 8.50%. Alliance & Leicester tracker products will increase by

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Fleet Mortgages Updated Tracker Products Following BBR Increase to 5.25%

Following this afternoon’s BBR increase to 5.25%, we are writing to let you know that we are updating our tracker products. Our replacement tracker products will go live at 09:00am on Friday 4th August 2023. Please find below a summary of the key changes: BBR increased to 5.25% Standard Tracker and Green Tracker products updated ERC end dates

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Important changes to the Pepper Money Second Charge business.

I’m pleased to announce the appointment of Ryan McGrath as Second Charge Sales Director. Ryan brings more than 30 years’ of financial services experience, 23 of which have been in the second charge broking sector, where he has held various senior management roles. Ryan is responsible for driving growth across our business and yours. Ryan’s

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Gen H – Product Switching range

Gen H are delighted to confirm that we’ve formally announced the launch of the Product Switching range for our Intermediary partners. Now, when your advisors help their client’s product switch to a new rate with Gen H, they will earn 0.25%. Product switches with Gen H take just a few minutes to kick off. There are

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Foundation HL – Rates Reduced Owner-Occupied & BTL Special Edition Products

As of today, Tuesday 1st August, Foundation Home Loans have refreshed their BTL and Owner-Occupied Special Edition products. Refreshed Buy to Let Specials: Reductions to F1 Special Portfolio landlord products by up to 0.35%, 5 year fixed rate now at 6.09% with a 4% fee F1 Fixed rate Specials reduced by 0.20%, now starting at

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