This week we see many products being pulled and re-introduced with a higher interest rate. LiveMore have announced that they will be increasing their procuration fees range for intermediaries on their long-term fixed rate mortgage range for the 50-90+ age group. To view this week's product update, click here.
The Bank of England cut the Base Rate by 0.25% at the start of this month, the next meeting of the commission is on the 20th March.
Saffron Building Society have withdrawn their 2 and 5 year fixed 80% LTV Residential product. Aldermore have changed their Residential products criteria, InterBay have launched a new cash back Semi-Commercial product and more.
The week has brought us an assortment of product reductions, new product launches, criteria enhancements and a few product withdrawals.
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