Leeds Building Society has re-introduced a range of fee-free buy-to-let mortgages to its mortgage range up to 60% LTV. These products include a two-year fixed-rate at 2.04% and a five-year fix at 2.14%. The fee-free buy-to-let mortgages will provide landlords with an opportunity to remortgage an existing property to a more advantageous rate. Both products…
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The Uk house sales are continuously picking up since the summer due to pent-up demand following the UK-wide lockdown and the introduction of stamp duty holiday on properties up to £500,000. Chancellor Rishi Sunak announced the stamp duty holiday in July 2020. Therefore, more than 100,000 additional UK house sales may take place during the…
Moneyfacts reported that the average mortgage fee has reached the highest level for eight years with an increase of £61 year-on-year to £1,078. The part of the market offering fixed-rate mortgage deals that do not charge a fee has reduced to 34% now. It was 42% last November. However, the percentage of the fixed-rate mortgage…
Halifax has recently revealed the latest data about the growth in UK house prices. The data shows that UK house prices increased at the fastest pace since June 2016. During October, average house prices across the UK exceeded £250k for the first time in history. The lender exposed that house prices in October were 0.3%…