Mortgage strategy: UK latest mortgage news
WEBBrokers love speaking to the decision maker, so why not allow that? The leading financial website dedicated to the mortgage intermediary. Read breaking mortgage news and mortgage industry comment and analysis from recognised experts. Register now.
Historical interest rates in the UK, 1979-2017: rise and fall
WEBMar 29, 2018 · 2007-2017. Under the impact of the global financial crisis, the base interest rate fell to its lowest level for 300 years. Starting at 5.75 per cent in July 2007, rates had fallen to 0.5 per cent by March 2009, with a further fall to 0.25 per cent in August 2016. There was a very slight rise back to 0.5 per cent in November 2017.
Santander introduces new rates across BTL products
WEBGeorgie Lee 22 March 2022. Santander is introducing new buy-to-let (BTL) purchase and remortgage rates, and relaunching selected fee-free residential remortgage rates. New residential mortgage rates across two and five-year fixes are set at 2.44% with 85% LTV, while rates will be set at 2.89% and 2.99% for 90% LTV across two and five-year fixes ...
Santander launches 40-year interest-only loans in criteria revamp
WEBApr 5, 2024 · Santander will offer 40-year interest-only mortgages among a range of moves that loosen its lending criteria next week (9 April). The high street lender says it will lift the maximum term it offers on interest-only mortgages to 40 years, from 25 years, in line with its capital and repayment mortgages. It will
HSBC For Intermediaries – News and Analysis - Mortgage Strategy
WEBHSBC to sell through First Complete and Pink. Mortgage Strategy’s latest news, analysis and opinion featuring HSBC For Intermediaries.
Feature: What makes Twenty7Tec tick? – Mortgage Strategy
WEBNov 28, 2022 · Twenty7Tec surely needs little introduction. Founded in 2014, the name has since become synonymous with technology in the mortgage market. As well as developing platforms and various modules to help lenders and brokers connect with each other, the firm regularly issues data releases, helping market watchers form an unalloyed view of what can often be a turbulent and confusing space.
What is a lifetime lease purchase? – Mortgage Strategy
WEBMortgage Strategy 8 October 2007. Lifetime lease purchase deals involve raising finance but not on current properties. Rather, they are taken out when consumers move home. They are called lifetime lease schemes. Although not identical to sell-and-rent-back options, they are unregulated too.
TSB and HSBC to cut rates tomorrow – Mortgage Strategy
WEBAug 20, 2024 · TSB is cutting rates by as much as 25 basis points tomorrow and HSBC is dropping prices by an unspecified amount. It comes as major lenders have been battling it out to offer the lowest sub-4% five-year fixed rates in recent weeks. These headline-grabbing rates have only been available to borrowers with deposits of at least 40%.
The latest breaking UK mortgage news | Mortgage Strategy
WEBMortgage News. Mortgage Strategy offers the latest breaking UK mortgage news, covering mortgage rates, house prices, buy-to-let rates, mortgage products and other news around mortgage brokers, mortgage advisers and the mortgage industry as a whole. Legislation.
Halifax introduces 3-year remortgage offers - Mortgage Strategy
WEBOct 19, 2023 · Halifax Intermediaries will introduce three-year fixed-rate remortgage products tomorrow (20 October). The lender’s new offers cover: Three-year fixes up to 60% loan to value, with a £999 fee, at 5.08% — repayment and interest only. Three-year fixes up to 75% LTV, with a £999 fee, at 5.28% — repayment and interest only.