NatWest has pulled 11 landlord purchase and remortgage deals today, the bank says on its broker hub. The withdrawn buy-to-let products cover: Two-year fixed-rate purchases 75% loan to value at 3.63%, with a £3,999 product fee Five-year fixed-rate purchases 75% LTV at 4.08%, with… The post NatWest pulls 11 landlord purchase and remo deals appeared first on Mortgage Strategy.
Conservative leader Kemi Badenoch has pledged to abolish stamp duty on primary homes if the party returns to power at the next election. “Our housing market is not working as it should, said Badenoch in a surprise part of her speech at the party’s… The post Badenoch pledges to scrap stamp duty appeared first on Mortgage Strategy.
Delays to the eviction process in the courts are leaving landlords with average losses of £12,700 per property when tenants stop paying rent, the High Court Enforcement Officers Association (HCEOA) has warned. In London, the average waiting time for an eviction after a court order… The post Eviction delays cost landlords an average of £12,700: Report appeared first on Mortgage Strategy.
Together has scrapped its 1.5% loading fee on buy-to-let and commercial term loans for expats and foreign nationals. The specialist lender says BTL variable rate loans start from 8.54%, while commercial term offers begin at 8.44% — with a 7% fee. The firm adds… The post Together scraps 1.5% fee for foreign national and expat BTL deals appeared first on Mortgage Strategy.
Mortgage application numbers increased by almost 23% in September compared to the same month last year, figures from Stonebridge show. The mortgage network found that borrowers are increasingly favouring shorter-term fixes, with 64% of new fixed-rate loans taken out for three years or less, up… The post Mortgage applications surge by 23% in September: Stonebridge appeared first on Mortgage Strategy.
