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Fee-free buy-to-let mortgages

Fee-free buy-to-let mortgages

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…

Platform launches £1,000 cashback deal

Platform launches £1,000 cashback deal

The intermediary Mortgage Lender of The Co-operative Bank, Platform, has launched a new £1,000 cashback deal on selected mortgage deals. The introduction of the new deal comes as part of a product revamp, which has seen the bank re-introduce mortgage deals at 80 and 90% LTV in recent weeks. These higher loan-to-value mortgages will qualify…

Average mortgage fee reached highest level

Average mortgage fee reached highest level

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…

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