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Edeus reprices adverse product range

Edeus has repriced its adverse product range after it sent out an email to brokers yesterday alerting them that it would be withdrawing its current adverse range to reprice with rises around 65 basis points.

Edeus repriced its products across adverse, adverse self cert, self cert, buy to let and income buy to let at midnight on September 5.

Last decision KFI with product and property details had to have been received by midnight last night and last applications for both direct and packaged business have to have been received by midnight September 12.

The email said that brokers would receive full details of the new product range this morning.

An Edeus spokesperson says: “This isn’t a withdrawal it’s a
reprice to reflect the increasing cost of funding.”

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