The bank said the move would take place as of Wednesday 15th July and was a temporary measure.
Mark Bullard, Head of Sales, said:
“To ensure we meet our brokers’ expectations in relation to the service we provide to them and their clients, together with the resource required to support our existing customers with their payment holiday requests, we’ve taken the decision to temporarily withdraw our Residential Exclusive products. Brokers will continue to have access to our standard range of products.”