Barclays have launched some very attractive new residential and buy-to-let mortgages as well as sweetening many of its current deals. These include a new 1.65 per cent two-year fixed rate house purchase loan at 75 per cent LTV, with no fees and a higher value buy-to-let range, with individual loans available up to £2m at a maximum 60 per cent LTV.
The Barclays range also includes options such as a 1.54 per cent two-year fixed rate at 60 per cent LTV with a £1,950 fee and a 2.24 per cent five-year fixed rate at 60 per cent LTV, also with a £1,950 fee.
Meanwhile, Santander has reduced its fees in an attempt to ‘support the market and help those that still want to invest in bricks and mortar.’ For example; 60% LTV 5 year fixed £999 product fee, purchase and remortgage – rate reduced 0.05% to 1.79%, 75% LTV 5 year fixed £999 product fee, purchase and remortgage – rate reduced 0.05% to 1.99% and 90% LTV 2 year fixed £0 product fee, purchase and remortgage – rate reduced to 2.54%
Leeds Building Society has developed an online tool designed to help customers wanting to borrow into retirement and for brokers to easily find out what proof of income is needed to support their clients’ applications.
Here at The Financial Planning Group, we pride ourselves on being to offer our clients mortgage products from the whole market, which opens up so many more options and offers – we have more than 24 years experience in helping families find the perfect low-rate deals and ensuring that the financial side of moving home is as stress free as possible.
If you would like to speak about your mortgage or re-mortgage, and secure one of the record low deals that are currently available, please feel call Steve Padgham on 020 8614 4782 or email Steve.Padgham@fpgonline.co.uk