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- The bank is increasing two and five-year fixed rates for purchase by up to 0.4 percentage points and the same fixed rates for remortgage by up to 0.25 percentage points.
- Among its new deals, available from tomorrow is a two-year deal for property purchase at 5.64percent for BTL purchase (60percent LTV) with a 1,995 fee.
- The deal is available on loans of up to 550,000, meaning that buyers are able to borrow up to 522,500 if they have a deposit of 27,500.
- If you do not receive them, please contact customer support.
- The mutual has also laid down the gauntlet to other lenders offering a five-year fixed rate at under 5percent.
- As a new player, you have access to a deep and diverse collection of games and plenty of ongoing promotions.
Among its range it is offering a two-year fixed rate at 5.66percent (60percent LTV) for purchase, with a 1,295 fee and a five-year fee-free deal for remortgage at 5.49percent (75percent LTV). Santander’s five-year fix is at 4.95percent with a 999 fee and is available to borrowers with a 40percent cash deposit to put down towards their home purchase. The bank is also offering two-year fixed rates from 5.43percent with a 999 fee (60percent LTV). LendInvest, the specialist BTL lender, has re-entered the five-year fixed rate remortgage market after withdrawing all deals for new customers in August. It has relaunched with a five-year fixed rate for remortgage for landlords with a 25percent deposit or equity at 5.89percent. Accord Mortgages, part of Yorkshire building society group, has cut fixed rates across its buy-to-let range by up to 0.46 percentage points.
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Virgin Money is increasing the cost of fixed rate mortgages for new customers from 8pm this evening . New remortgage fixed rates and buy-to-let fixed rates will rise by up to 0.12 percentage points. The new five-year fixed rate for remortgage at 65percent loan to value will rise to 4.71percent from 4.6percent. Product transfers – deals for existing customers looking for a new mortgage deal – will also rise by 0.12 percentage points.
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