Specialist lender Precise has boosted its residential range and introduced a number of rate reductions, added LTV bands and expanded fee options. Highlights include a five-year fixed, now from 4.72% previously 4.77%. And a two-year fixed, now from 4.73% previously 4.84% For the LTV banding,… The post Precise enhances resi range appeared first on Mortgage Strategy.
Average fixed rate mortgage prices fell across the board this week following last week’s base rate cut. The average two-year fix fell 0.02% to hit 4.98%, falling below 5% for the first time since the notorious Truss mini budget in 2022. Three-year and five-year fixes… The post Average fixes fall as two-year deals hit 4.98%: Moneyfacts appeared first on Mortgage Strategy.
Inflation is expected to hit 3.8% when official data is released next week, according to a Deutsche Bank forecast. This means the cost of living is forecast to lift 20 basis points in the year to July, from 3.6% in June, driven by a… The post Inflation preview: Cost of living heads into ‘uncomfortable territory’ appeared first on Mortgage Strategy.
The Co-operative Bank for Intermediaries has introduced sub-4% fixed-rate loans, while Metro Bank has refreshed its near prime residential range. Highlights among the lender’s sub-4% deals are a two-year remortgage-only fixes at 3.85% at 60% loan to value, with a £999 fee. It also… The post Co-op launches sub-4% loans, Metro relaxes near prime lending rules appeared first on Mortgage Strategy.
Aegon has marked the first anniversary of its client reporting tool, ‘Product reporting’, with a series of strategic enhancements designed to further bolster adviser capabilities and client engagement. The upgrades, applied to the Aegon Retirement Choices (ARC) and One Retirement platforms, coincide with the findings… The post Aegon enhances client reporting tool appeared first on Mortgage Strategy.
