Natwest joins mortgage rate-cutting wave - Mortgage Solutions
WEBJan 4, 2024 · Natwest has become the latest lender to cut its mortgage rates following a flurry of reductions this week. The lender has reduced rates by up to up to 0.52 per cent for new and existing residential and buy-to-let borrowers. This includes a rate as low as 4.19 per cent, which is available to new borrowers buying a home at 60 per cent loan to ...
Mortgage Solutions
WEBAs the news filtered through that the Bank of England’s Monetary Policy Committee (MPC) hadn’t followed the path of the US Fed in cutting rates, I couldn’t help feeling a slight sense of disappointment – albeit expected disappointed – that advisers didn’t have a further morale-boosting rate cut message to push out to clients, not least because these cuts do tend to cut through and ...
Santander launches one-year fixed rate BTL mortgage
WEBJul 16, 2024 · Santander has a launched a one-year fixed rate buy-to-let (BTL) mortgage to offer landlords more flexibility to switch to cheaper deal should rates fall. At the same time, Santander has cut its BTL and residential fixed and tracker rate mortgage rates by up to 0.14%. The one-year BTL mortgage is available up to 75% loan to value (LTV) and is ...
Barclays cuts residential and buy-to-let mortgage rates
WEBJul 4, 2024 · Barclays has reduced mortgage rates across its residential and buy-to-let (BTL) deals, the second round of pricing cuts in as many weeks. For existing borrowers, its premier purchase five-year fixed mortgage at 60% loan to value (LTV) with an £899 fee has been lowered from 4.25% to 4.22%. The loan size for …
TSB cuts mortgage rates by up to 0.2% - Mortgage Solutions
WEBJul 15, 2024 · For buy-to-let borrowers, TSB is cutting mortgage rates by up to 0.1% on two-year fixed purchase products up to 60% LTV. Similar reductions have been made to two-year fixes between 60 and 75% LTV with £995 and £1,995 fees. Its two-year fixed remortgage for buy-to-let borrowers with a £1,995 fee up to 75% LTV has been cut by 0.1%.
Precise Mortgages broadens product transfer range - Mortgage …
WEBDec 1, 2023 · Products with a one per cent fee start from 6.29 per cent, while fee-free options begin from 6.49 per cent. Across the lender’s buy-to-let range, there are one, two, three and five-year fixed rate options for product transfer. Rates begin at 4.59 per cent for products with a three per cent fee, and 6.59 per cent with a one per cent fee.
Santander to lower buy-to-let and residential fixed rates
WEBJul 15, 2024 · Santander will lower selected residential fixed rates and all buy-to-let fixed rates in its new business and product transfer range. In an update, the lender said its new business range selected residential fixed rates would be lowered by between 0.02% and 0.14% for purchases and remortgage. Selected new build fixed rates would fall …
Average mortgage rates fall as lenders focus on low LTVs – …
WEBAug 22, 2024 · Rightmove calculated that the average monthly mortgage payment for a typical first-time buyer home worth £227,191, on a five-year fix at 85% LTV, was now £1,109 over a 25-year term. This was down from an average monthly payment of £1,191 a year ago, when the typical asking price was lower, at …
TMW cuts BTL mortgage switcher rates - Mortgage Solutions
WEBJul 16, 2024 · The Mortgage Works (TMW) is reducing rates on selected switcher mortgages by up to 0.2 percentage points. The cuts, which take effect from tomorrow, mean that switcher rates for existing BTL borrowers will now start from 3.89%. At 3.89%, a two-year fixed with a 3% fee is available up to 65% loan to value (LTV), reduced by 0.1%.
Accord cuts resi mortgage rates for second time in two weeks
WEBJul 10, 2024 · Accord Mortgages has reduced its residential mortgage rates for the second time in the last two weeks, with cuts of up to 0.25%. This follows the reductions the lender made to its residential and buy-to-let (BTL) mortgage rates on 3 July, which it said was made possible because of the more stable market. This …
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