FTBs set for Christmas family deposits: Zoopla
The property website said 64% of parents have helped their children buy their first home, with 24% of parents say their children would never have been able to afford to buy a property on their own.
The property website said 64% of parents have helped their children buy their first home, with 24% of parents say their children would never have been able to afford to buy a property on their own.
Recent research from Kensington Mortgages reveals that 83% of homeowners and renters would consider a long-term fixed rate mortgage.
“As a result, some rates have gone down, and some up, as we adjust our range of residential mortgages to reflect the ever-changing market.”
Bridging Trends contributors reported a total of £190.24m in bridging loans transacted in the third quarter of the year.
After four consecutive months of falls, both the overall average two and five-year fixed rates rose by 0.04% month-on-month, to 2.29% and 2.59% respectively.
Within the lender’s new business range it is making several changes.
Lenders who have brought in increases recently include NatWest, Nationwide, and TSB, just today.
Santander has made rate increases and reductions across its product ranges.
The maximum LTV for joint borrower sole proprietor mortgages and for non-occupying borrowers is increasing from 85% to 95%.
“As one of the first specialist lenders to enter the ‘Green’ mortgage market, we remain committed to innovating ‘Green’ product options for both landlords and owner-occupier borrowers."