Aldermore has cut rates across its special edition buy-to-let range for customers wanting to switch products. For existing Aldermore customers, the lender’s two-year buy-to-let fixed rate at 70% LTV with no fee has been cut by 35bps to 6.44%. This option is for individual and… The post Aldermore trims special edition buy-to-let rates appeared first on Mortgage Strategy.
As new Labour MP Andy Burnham prepares to become prime minister, reforming one of the UK’s most contentious housing taxes — stamp duty — may be on his to-do list. Stamp duty reformists say the tax is a barrier to homebuying, especially with high house… The post News Analysis: ‘Make tackling stamp duty a priority’ appeared first on Mortgage Strategy.
West Brom Building Society has reduced rates across its two-year fixed purchase mortgage range, with cuts of up to 0.18%. The latest changes apply across all two-year purchase products. At 95% LTV, the West Brom has reduced its two-year fixed purchase product with no fee… The post West Brom BS reduces rates across two-year purchase range appeared first on Mortgage Strategy.
Lenders continued cutting fixed rates this week as competition intensified, according to the latest Moneyfacts rate watch. The average two-year fixed rate is now 5.46%, down from 5.51% last week. The typical five-year fixed rate is also currently 5.51%, a reduction from 5.48% one week… The post More fixed rate cuts as lender competition intensifies: Moneyfacts appeared first on Mortgage Strategy.
This week’s top headlines: Barclays chops rates by up to 66bps amid further lender cuts and families could face £120,000 CGT bill on inherited homes Explore these and other major industry updates below: Barclays chops rates by up to 66bps amid further lender cuts… The post Mortgage Strategy’s Top 10 Stories: 06 July to 10 July appeared first on Mortgage Strategy.
