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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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…
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…
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…