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.
NatWest launches green BTLs and reprices rates across range
Alongside the new launches, NatWest is making swathes of rate changes.
Accord to accept first-time landlords and remove minimum income in BTL revamp
Accord Mortgages has enhanced its buy-to-let criteria, removing the need for landlords to have a minimum background income of £25,000.
Deposit Unlock mortgage scheme launches nationally
Deposit Unlock, the new mortgage scheme that allows new build buyers to purchase with a 5% deposit, launches nationally today with 17 major builders after a successful regional pilot.
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.
Accord Mortgages revamps entire resi mortgage range
“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.”
Average mortgage rates begin to rise: Moneyfacts
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.
BuildLoan partners with Furness for new self/custom build deals
All of the products offered by Furness – available exclusively through BuildLoan – provide self and custom builders with a pre-agreed schedule of funding throughout the build designed to meet customers’ build costs as they arise.
The Mortgage Lender reduces buy-to-let mortgage rates
“With the products we have announced today our borrowers, whether buying or remortgaging, have access to a competitive rate for five years."
Platform increases rates by up to 44 bps in reprice
Within the lender’s new business range it is making several changes.