Halifax will lift selected fixed-rate residential products by up to 13 basis points and trim loans by up to 5bps next week. Also, next week, NatWest trims high loan-to-value prices as Saffron Building Society pulls selected products and launches others. Rate changes at Halifax,… The post Halifax, NatWest and Saffron BS make rate changes appeared first on Mortgage Strategy.
Coventry for intermediaries has relaxed lending rules across residential and landlord products, allowing some customers to borrow more. The broker-only arm of Coventry Building Society says its changes include raising loan-to-value limits for self-employed capital raising, now up to 75%, up from 65%. It… The post Coventry for intermediaries relaxes loan sizes and LTV limits appeared first on Mortgage Strategy.
This week’s top headlines: Reeves cool on wealth tax, leaves door open for higher property charges and First Mortgage partners with Moneybox Explore these and other major industry updates below: Reeves cool on wealth tax, leaves door open for higher property charges Rachel… The post Mortgage Strategy’s Top 10 Stories: 29 Sep to 02 Oct appeared first on Mortgage Strategy.
Clydesdale Bank will withdraw selected variable rate loans, while launching others next week. The lender will make the following changes on Monday 6 October: Two-year discount offset products will be withdrawn, including the 80% LTV product at 5.19% for loans smaller than £1m New… The post Clydesdale Bank withdraws selected variable rates, launches others appeared first on Mortgage Strategy.
Average two and five-year fixed rates have remained unchanged for the third consecutive week at 4.98% and 5.02% respectively, despite some daily fluctuations over that period. The latest ratewatch data from Moneyfacts shows only minor movements within most loan-to-value tiers as the pace of lender… The post Average fixes unchanged from three weeks ago: Moneyfacts appeared first on Mortgage Strategy.
