Precise Mortgages, Lendco, and Vida Homeloans are the latest lenders to introduce product changes today, Friday the 28th of July.
Precise Mortgages introduced a range of limited edition buy-to-let (BTL) products.
The products included lifetime tracker, 2-year and 5-year fixed options, with rates from 4.69%.
Lendco reduced rates for its standard buy-to-let range on a limited edition basis.
Some of the new rates include 5.99% with a 6% fee, 6.19% with a 5% fee, 6.59% with a 3% fee and 6.79% with a 2% fee.
In preparation for a partial range relaunch on Tuesday the 1st of August, Vida Homeloans shared today that it would withdraw selected products from 6.00pm on Monday the 31st of July.
These product changes came following weeks of instability within the mortgage market, in response to the Bank of England’s decision to raise interest rates by 0.5% to 5% back in June.
