Edeus has informed brokers it will be re-pricing its range of mortgage products and applications for mortgage decisions on the current interest rates must be received by midnight tonight.
The lender sent an e-mail to brokers informing them it is withdrawing its current deals across self-cert, adverse, adverse self-cert, income buy-to-let and buy-to-let ranges from midnight on 5 September.
KFI with product and property details must be received tonight and applications for direct and packaged business must be received no later than midnight 12 September.
A spokesperson for Edeus says: “We do this to let advisers know they need to get applications in before midnight. Essentially this is just a reprice.”
Edeus says brokers will receive details of the new product prices tomorrow morning.
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