News
Fleet brings back zero-fee and fixed-fee fixes; Coventry for Intermediaries cuts rates " round-up
2+ hour, 3+ min ago (246+ words) The buy-to-let (BTL) specialist lender's products at 75% loan to value (LTV) in both its standard and limited company ranges " available for purchase and remortgage " have a rate of 5. 89% for the zero-fee option and 5. 59% for the fixed "3, 999 fee option. Both deals…...
Inter Bay cuts commercial rates; Together trims bridging rates " round-up
3+ day, 20+ hour ago (293+ words) The changes apply to its commercial investment and semi-commercial limited-edition products, such as a two-year fix, which has been lowered by 0. 5%, and a five-year fix, which has been cut by 0. 2%." Marc Callaghan, head of commercial lending at Inter Bay, said:…...
Mansfield BS raises LTV on credit repair range
6+ day, 21+ hour ago (182+ words) The range was previously only available to borrowers with equity of at least 30%. Borrowers with adverse credit history can access the range, including those with active individual voluntary arrangements (IVAs) and debt management plans (DMPs)from six months, as well…...
Darlington BS ups foreign currency lending to 90%; Gatehouse raises FTI ratios " round-up
1+ week, 3+ day ago (317+ words) This is a change from 80% across its foreign currency mortgage range, which is open to expat and foreign income borrowers, including first-time buyers." The products are also available to"borrowers who are"buying property in Scotland." Darlington Building Society said…...
Paragon adds high-LTV deals to range; TMW makes mortgage rate cuts " round-up
1+ week, 6+ day ago (406+ words) Three of the deals are capped at 60%, while a further three are available up to the bank's maximum LTV of 75%. Both ranges come with a 5% product fee. Investors with a 40% deposit purchasing a property with an Energy Performance Certificate (EPC)…...
Kensington cuts BTL mortgage rates; Furness BS reintroduces specialist ranges " round-up
1+ week, 6+ day ago (260+ words) Rates for Kensington Mortgages" core BTL mortgages available up to 80% loan to value (LTV) and prime mortgages of up to 75% LTV have both been lowered by up to 0. 2%, including house in multiple occupation (HMO) and multi-unit block (MUB) products. Following…...
Leeds BS cuts rates; Principality BS adds deals for self-employed " round-up
2+ week, 1+ day ago (320+ words) This includes its residential two-year fix, which has been cut from 5. 69% to 5. 59%, available up to 95% loan to value (LTV). This has no fee and a free standard valuation." There is also a five-year fix, cut from 5. 54% to 5. 42%, up to 95% LTV....
CHL Mortgages and Gatehouse Bank cut BTL pricing " round-up
2+ week, 3+ day ago (378+ words) The largest reductions have been made to its short-term let products, while its limited-edition BTL offering has been reduced by as much as 0. 1%." Its limited-edition rates for single dwelling properties now start from 2. 85%, and houses in multiple occupation (HMOs) and…...
TSB, Darlington BS and West Brom BS slash mortgage rates " round-up
2+ week, 4+ day ago (547+ words) Its two-year fixed house purchase products with a "995 fee, including affordable housing options, have been reduced by 0. 1%, and three-year fixed house purchase rates by up to 0. 6%....
Accord ups max BTL loan size; Landbay cuts rates and increases max loan " round-up
2+ week, 5+ day ago (378+ words) This enhanced borrowing is available on products up to 75% loan to value (LTV) for experienced landlords with 12 continuous months of experience as a landlord." The maximum loan size for borrowing between 75. 01% LTV and 80% LTV will rise from "500, 000 to "750, 000." First-time landlords…...