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%.
BM Solutions adds products and lowers select rates
WEBSep 4, 2023 · The loan size varies from £25,001 and £1m. The lender has cut select remortgage fixed rates, including its two-year fixed rate at 65 per cent LTV which has decreased by 0.71 per cent to 6.51 per cent and its five-year fixed rate at the same LTV tier going down by 0.4 per cent to 5.71 per cent. Its no …
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 …
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 ...
BM Solutions launches new mortgage application system
WEBOct 23, 2020 · BM Solutions is rolling out a new online mortgage application system with features designed to improve the application process for intermediaries. Initially, the system will only be available for new mortgage business, including buy-to-let purchases, let-to-buy and remortgage applications. Product transfers, further advances and transfer of ...
The lowdown on swap rates – explainer - Mortgage Solutions
WEBMay 19, 2022 · Introducing the Green Living Reward. According to Chatham Financial, the current two-year Sterling Overnight Interbank Average Rate (SONIA) swap rate is 2.15 per cent, while a five-year equivalent sits at 2.03 per cent. The 10-year swap rate is priced at 1.85 per cent. This is very high compared to 18 May …
British Mortgage Awards 2024 – the night’s photos - Mortgage …
WEBJul 5, 2024 · This year’s sparkling British Mortgage Awards were held at the Park Plaza in London on Thursday. Guests were treated to a performance by dance troupe and Britain’s Got Talent finalists Flawless, while the the mortgage sector’s key figures got together to celebrate the industry’s top talent. Thank you to all who attended the ceremony, in ...
Barclays slashes mortgage rates by up to 0.43 per cent
WEBDec 19, 2023 · High street lender Barclays will lower mortgage rates by up to 0.43 per cent across its residential, buy-to-let purchase and remortgage ranges along with its reward ranges. The lender said that it had reviewed its offering against “market funding conditions” and the changes to its mortgage rates come into effect from tomorrow.
Coventry BS to buy Co-op Bank for £780m - Mortgage Solutions
WEBMay 24, 2024 · The cash needed to acquire The Co-op Bank will be funded from Coventry Building Society’s existing cash resources at completion. ‘A transformational moment for members and customers’. The acquisition is subject to regulatory approval and is expected to complete early next year. Of the cash consideration, up to £125m will be deferred for ...
First Homes scheme launches with seven lenders signed up
WEBJun 4, 2021 · First-time buyers using the scheme could pay £5,350 less on the deposit and save £536 a month on repayments, Mason said. The saving is based on the differential of buying a property at 70 per cent of market price whilst taking a 95 per cent LTV with a 4 per cent fixed rate on 25 year repayment. Nationwide’s mortgages director Henry Jordan ...