NatWest allows buy-to-let additional borrowing
These changes follow on from its launch of two new simplified indication calculators and a lower stress rate of 4.5% for five-year products.
These changes follow on from its launch of two new simplified indication calculators and a lower stress rate of 4.5% for five-year products.
Accord Mortgages has enhanced its buy-to-let criteria, removing the need for landlords to have a minimum background income of £25,000.
“With the products we have announced today our borrowers, whether buying or remortgaging, have access to a competitive rate for five years."
Within the lender’s new business range it is making several changes.
Borrowers could be facing a “green mortgage timebomb” as they are hit with bills of £20,000 for energy efficient home improvements.
Santander has made rate increases and reductions across its product ranges.
The lender, which is part of the Yorkshire Building Society, will also cut rates across its BTL range, by as much as 24 basis points.
The Nottingham has made reductions to its buy-to-let range.
Clydesdale Bank has reduced rates.
Following recent residential and buy-to-let rate cuts, The Nottingham Building Society has announced that it is reducing rates.