More2life launches flexi payment equity release deal - Mortgage …
WEBFeb 20, 2024 · More2Life gave the example of a borrower releasing £67,210 from a property valued at £286,000. The flexi PTLTM paid at an interest rate of 6.11 per cent monthly equivalent rate (MER) will total £297,460 over 11 years. This is compared to the highest LTV lifetime mortgage at 8.79 per cent MER …
Halifax reduces rates by 0.45 per cent - Mortgage Solutions
WEBJan 10, 2024 · Halifax has lowered two and five-year fixed rates for homebuyers and movers by up to 0.45 per cent, bringing some deals under five per cent. Its two-year fixed rate at 60 per cent loan to value (LTV) has fallen from 4.62 per cent to 4.29 per cent. At 80 per cent LTV, the cut is from five per cent to 4.57 per cent and at 85 per cent the fall is ...
Exclusive: Knowledge Bank and Iress launch integrated product …
WEBFeb 25, 2021 · Knowledge Bank and Iress have collaborated to launch the UK’s first, fully-integrated product and criteria sourcing search with a single sign-on, allowing brokers to prioritise either route on the Xplan platform. The time-saving move follows a ten-month working partnership with the Iress system calling the Knowledge Bank API (Application ...
PMS Mortgage Club and Key Group join forces to ... - Mortgage …
WEB15/09/2021. •. 0. PMS Mortgage has partnered with Key Group to launch Later Life Solutions, a proposition which aims to enable financial advisers to help more customers. Later Life Solutions will provide support options for PMS Mortgage Club members who either currently advise on equity release or are looking to qualify and enter this sector ...
Mortgage Solutions
WEBNatWest to cut residential rates by up to 0.19%. The only quality financial trade website committed to mortgage and protection advisers. More exclusive news and analysis from the top mortgage journalists.
Average mortgage rates fall as lenders focus on low LTVs – …
WEBAug 22, 2024 · Rightmove calculated that the average monthly mortgage payment for a typical first-time buyer home worth £227,191, on a five-year fix at 85% LTV, was now £1,109 over a 25-year term. This was down from an average monthly payment of £1,191 a year ago, when the typical asking price was lower, at …
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 …
MT Finance adds AVMs to bridging range
WEBJan 9, 2024 · AVMs are available for qualifying regulated and unregulated bridging finance applications up to a maximum loan to value (LTV) of 60 per cent, and a maximum property value of £750,000. The introduction will help speed up transactions and progress applications more efficiently. The move comes after MT Finance struck a …
Barclays slashes mortgage rates by up to 0.43 per cent
WEBDec 19, 2023 · Its two-year fixed no-fee great escape product at 60 per cent LTV will decrease to 4.81 per cent and at 75 per cent LTV, the product will fall to 4.92 per cent. On the purchase and remortgage side similar cuts have been made, with its two-year fixed rate at 60 per cent LTV with £1,999 fee decreasing to 4.8 per cent.
Santander slashes BTL, new-build and residential fixed rates
WEBJul 30, 2024 · High street lender Santander has lowered buy-to-let (BTL), new-build and residential fixed rates by up to 0.2%. On the residential side, its two-year residential remortgage fixed rate at 75% loan to value (LTV) with a £999 product fee is priced at 4.77%, down from 4.89%. The lender’s three-year …
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