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  • 26/01/2009
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Abbey Variable Rate Trackers 75% two-year trackers maximum loan size increased to £350,000. New t...

Abbey

Variable Rate Trackers

75% two-year trackers maximum loan size increased to £350,000.

New three-year core, remortgage and homebuyer trackers with £350,000 maximum loan size.

Fixed Rates

75% two-year fixed core and remortgage, and three and five-year fixed remortgage low loan rates reduced by 0.25% and maximum loan sizes increased to £200,000.

Five-year fixed 60% remortgage and 75% core rates reduced by 0.15%

New 75% 10-year fixed core and remortgage products.

Large Loans

Three-year fixed core and remortgage large loan products withdrawn.

New 60% two-year fixed core and remortgage large loan products with maximum loan size of £2.5m.

Alliance and Leicester

One five-year fixed rate reduced by 0.2%.

Remortgage offers now valid for four months (not six).

Cheltenham and Gloucester

Re-introduced its tracker rates over £1m on its mainstream range.

Re-introduced a three-year tracker on the buy-to-let range.

Chesham BS

Reduced SVR by 0.25% to 6.45%.

Clydesdale

Re-launched two fixed products on Prospector after a long period.

Furness BS

Reduced SVR by 0.5% to 5.44%.

IGroup and First National

All self-certified products withdrawn.

Maximum loans reduced to £250,000.

Some lending criteria reviewed.

ITL Mortgages

Lifted its restrictions on the availability of their mortgages. Products are now available to the whole of market.

The Mortgage Works

Buy-to-let products (not available for limited companies):

Reductions to selected two, three and five-year fixed rate products.

New one-year tracker product with easy remortgage options.

New five-year fixed rate at 5.34% with 2.5% fee to 60% LTV with easy remortgage options.

Reductions to selected three and five-year fixed rates with easy remortgage options.

Reduction to two-year fixed rate from 5.89% to 5.79%.

Reductions to both three-year fixed rates from 5.79% to 5.49% and 6.14% to 5.78%.

Nationwide BS

Two-year fixed product (with no reservation fee) reduced by up to 0.49%.

Two-year fixed product (with a £599 fee) reduced by up to 0.59%.

Two-year fixed product (with a £995 fee) reduced by up to 0.69%.

Three-year fixed product (with a £995 reservation fee) reduced by up to 1%.

Five-year fixed product (with a £995 fee) reduced by up to 0.7%.

Five-year fixed product (with a £1999 fee) has been withdrawn.

Northern Rock

Residential one-year fixed rate reduced by 0.1%.

65% and 75% LTV tiers of residential two and five-year fixed rates reduced by up to 0.60%.

85% LTV tier of residential two and five-year fixed rates reduced by up to 0.20%.

Residential 10-year fixed rates reduced by up to 0.2%.

All buy-to-let two-year fixed rates reduced by 0.4%.

Stafford Railway BS

Withdrawn all products.

Scottish Widows

Extended end dates.

Increased LTV on five-year fixed.

Decreased rates on 85% LTV five-year fixed rates.

Withdrawn 70% LTV products.

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