The Mortgage Works (TMW) has announced it will reduce selected buy-to-let (BTL) rates for new and existing customers by up to 0.30%, with rates starting from 2.64%. The new rates, effective tomorrow, include the BTL two-year fixed rate (purchase and remortgage) with a 3% fee,… The post TMW lowers BTL prices by up to 0.30%, Virgin reduces rates appeared first on Mortgage Strategy.
Buy-to-let purchase searches are down 13.67% year-on-year, while remortgage searches have risen by 6.05%, Twenty7tec’s October data reveals. After a period of strong activity over the past five years – including a peak in September 2022, when BTL made up 21% of all mortgage products… The post BTL searches down 13.67% YoY: Twenty7tec appeared first on Mortgage Strategy.
Savills has halved its house price growth predictions due to worsening buyer sentiment and concerns about the economy and tax environment. The estate agent now believes the average house price will rise by 2% in 2026, rather than its earlier prediction of 4%. Savills expects… The post Savills halves house price growth predictions appeared first on Mortgage Strategy.
Vernon Building Society has launched a range of complex prime mortgages. The new complex prime range includes four new mortgage products, which are all available on purchase or remortgage. Across the range, sole applicants can apply for over 5.5 times their annual gross income, or… The post Vernon BS adds range of complex prime mortgages appeared first on Mortgage Strategy.
Countrywide Surveying Services has appointed Steve Lees as associate technical director. Lees brings more than 25 years’ experience in residential surveying and valuation to the role and previously worked at CSS earlier in his career. Most recently, he was senior specialist for residential surveying at… The post Countrywide adds to technical expertise with new hire appeared first on Mortgage Strategy.
