Platform part of The Co-operative Bank has launched a new product mortgage for qualified professionals. Qualified professionals will be able to borrow up to 5.5 times their income. The lender has set a minimum income requirement at £35,000. This new product also allows joint applications if one of the applicants is a professional. Platform’s mortgage…
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Buy-to-let mortgage rates have reached their highest levels since the Covid crisis began. According to the analysis from Moneyfacts, the rates can still further rise. Buy-to-let mortgage rates have been increasing since last summer and are now at their highest level since November 2019, says Moneyfacts. The average two-year fix has jumped from 2.51% in…
TSB has temporarily removed the most of its two-year fixed purchase for new business. The lender has withdrawn its 60% to 90% LTV two-year fixed purchase for first-time buyers and house purchase. As well as, for remortgage products from 60% LTV to 85% LTV. The only two-year fixed mortgage for new customers that remains is…
TSB bank has announced to relaunch a selection of its residential and BTL mortgage products on 11 December. The lender has reintroduced the following residential mortgage products: 2 and 5 years fixed first-time buyer and house purchase, 0-85% LTV, with £0 fee products 2 year fixed remortgage, 0-85% LTV, with £0 fee products 5 year…