Newcastle Intermediaries has recently launched a range of 85% LTV mortgages. The deals have rates which start at 2.85% and there are no product fees on selected products. The products in the range are available to first-time buyers, home movers and remortgage customers. A two-year fix at 2.85% (5.3% APRC) is available at a max…
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UK mortgage approvals have risen to new highs according to data released from the Bank of England on Tuesday,1st September. The number of mortgage purchase approvals “continued increasing sharply in August”, rising to the highest figure seen since October 2007, according to the latest figures from Bank of England. UK mortgage approvals for purchases rose…
The Coronavirus pandemic has had an unprecedented impact on the British economy. Many mortgage prisoners are finding themselves facing huge financial challenges in these difficult times. The Covid 19 crisis has also essentially created more mortgage prisoners. Clients whose borrowing is at a high LTV, particularly 90%+, have been unable to remortgage due to products…
HSBC has cut the rates on its two and five year fixed rate mortgage deals at 60% loan-to-value (LTV). HSBC is one of the biggest mortgage lenders in the UK. Reducing rates will be welcome news to mortgage borrowers.The bank has cut rates on six products. These products include a mix of fixed and term…