Tag: Remortgage
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Skipton Cuts Rates and Launches New Mortgages
Skipton Building Society has announced a range of new mortgages and a rate cut on a popular product for renters. From today, 12 new mortgages with an 80% loan-to-value (LTV) are available. This means buyers need a 20% deposit, opening up options for those who have previously struggled to get on the property ladder. These…
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Landlord Mortgage Rates Cut by Together and Landbay
Two top specialist lenders, Together and Landbay, have slashed their mortgage rates, making it cheaper for landlords to buy or renovate properties. Together has lowered rates on its unregulated bridging loans. These loans are perfect if you need to buy or renovate a property quickly. The new rates apply to loans over £100,000. Here’s the…
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HSBC Lowers Mortgage Rates for Homebuyers and Landlords
HSBC has announced cuts to their mortgage rates. The bank has reduced rates across all their mortgages, with some fixed-rate deals falling by as much as 0.17%. Here’s what you need to know: For Homebuyers: For Remortgagers: For Landlords: Oli O’Donoghue, HSBC’s Head of Mortgages, said the bank is committed to “servicing the needs of…
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Clydesdale Reduces Mortgage Rates Again
Clydesdale Bank has announced cuts to their fixed-rate mortgages, with savings of up to 0.39% to be made. From 13th September, you could bag yourself a cheaper deal on a two or five-year fixed-rate mortgage. Here’s the breakdown: Cheaper Deals For All! Don’t Miss Out! These offers won’t last forever! The new rates are available…
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Second Charge Mortgages Booming as Brits Borrow Against their Properties
Homeowners are increasingly taking out second charge mortgages against their homes, new figures show, with the value of these loans jumping by nearly a third in just a year. This surge in popularity comes as more of us look for ways to unlock cash tied up in our properties, with home improvement projects and consolidating…
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House Prices Soar as Mortgage Rates Tumble – Who Has the Best Deals This Week?
Property prices are on the up, but crucially, mortgage rates are heading down. Could this be the perfect moment to take the plunge? The latest Halifax House Price Index shows house prices jumped by in the year to August – that’s the biggest annual increase since November 2022! The average UK home now costs £292,505,…
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Yorkshire Building Society Lowers Rates (Again!)
Yorkshire Building Society has announced another round of mortgage rate cuts just weeks after their last reduction. This means potential savings for anyone looking to get a mortgage or switch their current deal. How much have rates been cut? The building society has reduced rates across its range of mortgages by up to 0.55%. What…
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Keystone Cuts Fixed Rates by Up To 0.25%
Keystone has reduced fixed rates across the board, including standard, specialist, expat, product transfers, holiday lets and even switch & fix ranges. Here’s a breakdown of the reductions: Why the sudden change? Keystone’s managing director, Elise Coole, explained: “Recent decreases in SWAP rates have provided us with the opportunity to pass on these savings directly…
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Mortgage Rates Fall to Six-Month Low, But Choice is Shrinking for Buyers
According to the latest data from financial experts Moneyfacts, the average two-year fixed-rate mortgage has dropped to 5.56%, while the average five-year fixed-rate deal now sits at 5.20%. This means borrowers could save hundreds of pounds a year on their repayments. This drop in rates is a welcome relief after the turmoil of the mini-Budget…
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Mortgage Rate Cuts – TSB Slashes Rates While Zephyr Offers Cheaper Deals
TSB is slashing mortgage rates by up to 0.4%, and Zephyr Homeloans is also cutting rates on many of its deals. However, Vida Homeloans is repricing its products, so borrowers may need to act quickly to secure their current rates. TSB Cuts Rates for First-Time Buyers, Home Movers and Shared Ownership TSB is making significant…