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Help to buy mortgage range refresh

Newcastle are refreshing their range of help to buy mortgage products, including a range of products to support customers staircasing up to 95% LTV. A five year fixed rate of 2.70% (4.7% APRC) is available at 60% LTV with 10% overpayments per annum and an early repayment charge of 5% until 31st January 2021, 4%…

Metro Bank sells mortgage book worth £521m

Metro Bank has sold off a mortgage book worth £521m to an American hedge fund. The embattled lender announced the sale as part of its financial results for the first half of the year, which showed year-on-year profits dropping from £20.8m to £3.4m. Metro has also announced that its founder, Vernon Hill, will step down…