Weekly Product News w/c 4th Dec 2009 PDF Print E-mail
Friday, 04 December 2009 00:00
Intermediary Products

Abbey
  • 2 Year 80% fixed HomeBuyer and HomeBuyer Plus rates reduced
  • 5 Yr 90% Fixed core rate and fee reduced



Cheltenham and Gloucester:
  • New product codes applied to products.



GHL Group:
  • All products removed.



Leeds Building Society:
  • Two new fixed rate products have been launched for Leeds Building Society.



Newcastle Building Society:
Three new fixed rate products have been launched for Leeds Building Society.
  • 4.40% Fixed Rate until 31.03.2013
  • 4.89% Fixed Rate until 31.03.2015
  • 5.55% Fixed Rate until 31.03.2015



RBS & NatWest :
  • Have pushed the end dates forward by one month on all retail products.



Scottish Widows News:
Changes to Flexible and Professional ranges:
  • All end dates extended to 31st January
  • Tracker products decreased by up to 0.30%
  • Fixed products decreased by up to 0.40%



The Mortgage Works:
Buy to Let products (Single Property Customers):
  • Rate reductions on the 1 year products with 3.50% arrangement fee by 0.20%
  • Rate reductions on selected 18 month products by 0.20%
  • 1 year tracker products reduced by up to 0.20%
Buy to Let Easy Remortgage products
  • Rates reduced on 1 year and 18 month fixed rates by 0.20%



Whiteaway Laidlaw Bank:
Withdrawn the following buy to let products:
  • WLBBTL2A - 3 Year Fixed Rate 5.74%
  • WLBBTL3B - 3 Year Fixed Rate 4.94%



Direct:



Abbey:
  • Direct 5 Yr 90% Fixed Core rate reduced
  • New Direct 3 Yr 75% Fixed (Remortgage & HomeBuyer) rates
  • Withdrawn Direct 3 yr 80% fixed (Remortgage & HomeBuyer)



Clydesdale Bank Plc:
  • The product end dates have been extended until 31st March.



Post Office:
  • As of 2nd of December changes to the Post office rates will be as below
  • Residential rates decrease by as much as 1% and dates moved forward to January
  • BTL rates increase by 0.10% dates moved to January



Yorkshire Bank:
  • The product end dates have been extended until 31st March.