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Among the new rates is a two-year fix at 6.15percent (80percent LTV) with a 999 fee, and a five-year fix at 5.99percent (also 80percent LTV) with no fee. Nationwide building society has increased its maximum loan to value ratio for self-employed borrowers looking to purchase a home (home mover or first-time buyer) to 95percent. The maximum LTV for remortgage for self-employed homeowners is 90percent with Nationwide.
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- The Mortgage Works, the specialist lending arm of Nationwide building society, is relaunching fixed rate deals for buy-to-let borrowers at 80percent loan to value from tomorrow .
It comes as lenders and borrowers brace for the Bank of England i was reading this rate decision on Thursday, writes Jo Thornhill. Skipton building society has cut residential fixed rates across its range by up to 0.49 percentage points, effective today. Its 100percent loan to value Track Record mortgage deal for first-time buyers has been cut from 6.19percent to 5.94percent. Track Record is a five-year fixed rate with no arrangement fee. Aldermore has cut its fixed rate mortgage deals for existing customers looking to switch. The new product switcher rates apply on residential deals as well as buy-to-let .
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Barclays is cutting the cost of selected fixed-rate residential deals for home purchase by up to 0.31 percentage points, effective from tomorrow , writes Jo Thornhill. Skipton’s buy-to-let fixed rates now start from 5.47percent for a two-year fixed rate with a 995 fee (60percent LTV) and from 4.88percent for a five-year fixed rate with a 2,995 fee (also 60percent LTV). Once you login to your account, you will see the no deposit bonus funds waiting for you. Simply visit the casino, load up any of the games and start using the funds as you like.
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It is offering a two-year fixed rate at 8.2percent and a five-year fix at 7.95percent. Its bridging loan rates have been reduced by up to 0.14 percentage points. Clydesdale Bank, part of Virgin Money group, is increasing the cost of its fixed rate mortgage deals by up to 0.4 percentage points for new and existing customers from tomorrow . Two and five-year fixed rates with a 999 arrangement fee (80percent LTV) will start from 4.62percent. The bank has also launched a broker-exclusive five-year fixed rate (80percent LTV) with 500 cashback at 4.58percent.
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