Mortgage Solutions
Catering to the lifeblood of the housing market and helping people into homeownership. Keep up on top of all crucial first-time buyer updates on policy, regulation, products and criteria here. News. First-time buyers in 31% of councils will see stamp duty bills rise.
Coventry BS to buy Co-op Bank for £780m - Mortgage Solutions
May 24, 2024 · The cash needed to acquire The Co-op Bank will be funded from Coventry Building Society’s existing cash resources at completion. ‘A transformational moment for members and customers’. The acquisition is subject to regulatory approval and is expected to complete early next year. Of the cash consideration, up to £125m will be deferred for ...
Barclays slashes mortgage rates by up to 0.43 per cent
Dec 19, 2023 · High street lender Barclays will lower mortgage rates by up to 0.43 per cent across its residential, buy-to-let purchase and remortgage ranges along with its reward ranges. The lender said that it had reviewed its offering against “market funding conditions” and the changes to its mortgage rates come into effect from tomorrow.
Everything you need to know about swap rates…but were afraid to …
Oct 7, 2022 · As swap rates are based on assumptions of what interest rates will be, if they are expected to rise then swap rate changes would continue. Harris explained: “Market anticipation is that the base rate will have to move faster, higher and for longer.”. “The Bank of England is expected to further increase the base rate again in November when ...
News - Mortgage Solutions
News. Virgin Money and Nationwide increase rates – round-up • Buy to Let by Foundation relaunches Specials range • Penrith BS re-enters the expat BTL and holiday let markets • OMS launches quick quote function with Selina Finance •.
The BM Solutions buy-to-let hub is live - Mortgage Solutions
Feb 4, 2020 · Welcome to the buy-to-let hub brought to you by BM Solutions. This dedicated microsite includes guides, business tips and videos to help you access the buy-to-let market. In association with Mortgage Solutions, BM Solutions brings you essential market intelligence and insight to help you and your clients understand and prosper in buy-to-let.
Halifax reduces rates by 0.45 per cent - Mortgage Solutions
Jan 10, 2024 · Halifax has lowered two and five-year fixed rates for homebuyers and movers by up to 0.45 per cent, bringing some deals under five per cent. Its two-year fixed rate at 60 per cent loan to value (LTV) has fallen from 4.62 per cent to 4.29 per cent. At 80 per cent LTV, the cut is from five per cent to 4.57 per cent and at 85 per cent the fall is ...
NatWest to buy Metro Bank’s residential mortgage portfolio for …
Jul 26, 2024 · NatWest has entered an agreement with Metro Bank to purchase a £2.5bn portfolio of prime UK residential mortgages. In an announcement today as part of NatWest’s results, the lender said that on completion of the transaction with Metro Bank, it expects to welcome around 10,000 customer accounts.
Natwest to double annual mortgage overpayment limit
Feb 13, 2023 · The lender will write to customers making regular monthly overpayments which are more than £500 per month or use eight to 10 per cent of their annual overpayment allowance to inform them to the changes. A Natwest spokesperson said: “We regularly review mortgage policy and propositions to ensure we are meeting the needs of our customers.
Halifax overhauls mortgage criteria for all non-UK national …
Apr 8, 2021 · Halifax is overhauling its mortgage application criteria for all non-UK nationals following Brexit. Many lenders have been making changes to rules for European Economic Area (EEA) nationals but Halifax is applying these to non-European citizens as well, meaning all international applicants will have to meet the same criteria.