Kensington launches long-term fixed rates up to 40 years
Recent research from Kensington Mortgages reveals that 83% of homeowners and renters would consider a long-term fixed rate mortgage.
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.
Borrowers could be facing a “green mortgage timebomb” as they are hit with bills of £20,000 for energy efficient home improvements.
Newcastle Intermediaries has boosted its large loan products with the launch of new two-year fixed rate products.
A total of 19,300 new and returning customers used equity release between July and September, which is close to pre-pandemic levels.
“The introduction of Pepper 60 and a new LTV option at 55% is a further demonstration of Pepper Money’s commitment to improve and expand our proposition to offer a diverse range of options to support our broker partners in helping more customers."
Barclays has made a number of rate cuts and increases across its product lines.
“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."
Moneyfacts finance expert Eleanor Williams says: “As living costs are on the increase, it is good news that mortgage rates have continued to reduce."