Kensington Mortgages has cut selected buy-to-let rates by up to 15 basis points across its Prime, Prime eKo and Core ranges. The reductions apply to products at 75% LTV. On its Prime range, two-year fixed rates now start from 3.69% with a 5% fee, while… The post Kensington trims rates by up to 15bps appeared first on Mortgage Strategy.
This week’s top headlines: Eight in 10 landlords are planning rent rises and Mortgage rates hit three-year high. Explore these and other major industry updates below: Eight in 10 landlords are planning rent rises: Landbay Landbay’s latest survey found that 83% of landlords plan to… The post Mortgage Strategy’s Top 10 Stories: 02 Nov to 06 Nov appeared first on Mortgage Strategy.
Lenders have begun to pass on the increase in the Bank of England base rate as average trackers rose by 5 basis points over the week to 4.73%, but fixed rates have dipped slightly. The latest Moneyfacts rate watch data shows the average two-year fix… The post Average tracker rises on BoE hike: Moneyfacts appeared first on Mortgage Strategy.
There is no escaping the fact the mortgage and housing markets face a somewhat challenging future, with the latest Office for Budget Responsibility (OBR) forecasts suggesting fewer property transactions than previously anticipated. However, that does not necessarily mean advisers should be pessimistic about the opportunities… The post Blog: Fewer transactions, but more opportunities? appeared first on Mortgage Strategy.
Broker network White Rose Finance Group has appointed Claire Mitchell as relationship and project support manager. Mitchell joins from TransUnion, where she spent two years as a key account manager. Before this, she spent five years at alternative lender Reward Finance, working in secured lending… The post White Rose Finance hires manager to support ARs appeared first on Mortgage Strategy.
