Molo Finance, Coventry for Intermediaries and Bath Building Society have become the latest lenders to introduce new product changes today.
These changes come following a wave of product withdrawals from lenders, forced to reprice products due to soaring swap rates.
Molo has launched new, repriced rates, which will be available to brokers and borrowers as of tomorrow, Saturday the 8th of July.
The lender will be introducing increases across all fixed-rate products, including its individuals and limited company standard 2-year and 5-year fixed-rates, as well as across its individuals and limited company specialist range.
Molo’s existing product range will be withdrawn by midnight tonight, Friday the 7th of July.
Coventry for Intermediaries has launched new residential 2-year new business, product transfer, further advance, remortgage and FTB Tracker rates, along with a refresh in its buy-to-let offering.
Bath Building Society has also informed brokers of some changes, as it plans to refresh its Limited Company mortgage product range.
The Society’s current products will be withdrawn at 5pm on Monday, the 10th of July and are due to be replaced the following day, Tuesday the 11th of July.
