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It is offering a five-year deal at 5.54percent (75percent LTV) with a 3percent fee and a green mortgage product at 5.44percent, also with a 3percent fee. The society is offering two and three-year fixed rates deals for remortgage at 4.84percent (75percent loan to value) with a 1,495 fee and a five-year fixed rate for home purchase at 90percent LTV at 5.24percent. This deal has no fee and pays 2,000 cashback on completion. Halifax for Intermediaries has unveiled its new fixed rates following a rate cut yesterday . It is offering a five-year fix for home purchase at 4.37percent with a 999 fee (60percent LTV). Among its remortgage deals it is offering two-year fixed rates from 5.25percent, three-year and five-year deals both from 4.97percent.
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Among the new deals, available through brokers from Friday is a five-year fixed rate for home buyers at 4.85percent (up to 75percent loan to value) with a 999 fee. Kent Reliance building society has cut selected fixed rates on its BTL mortgage range. Fixed rate mortgage deals with a 7percent fee will see cuts from tomorrow .
June: Nationwide To Increase Rates Tomorrow
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The bank’s new fixed rates will be unveiled on Monday and they could be significantly higher than its current deals. Two-year fixed rates now start from 5.84percent (60percent LTV) with a 1,999 fee, or 6.63percent with no fee. Five-year fixed rates with the same fee start from 5.39percent, or 5.77percent with no fee. It has also launched new fixed rates for larger loans (250,000 to 3 million).
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Aldermore is cutting selected residential and buy-to-let fixed rates for new and existing customers from tomorrow . Among its new deals is a five-year fixed rate for individual and company landlords at 4.69percent with a 7percent fee (65percent LTV). The Mortgage Works, the specialist buy-to-let lending arm of Nationwide, has also announced rate cuts of up to 0.4 percentage points across its range. It is offering two-year fixed rates for BTL purchase or remortgage at 4.19percent with a 3percent fee (65percent LTV). HSBC has cut selected fixed rates across a broad range of its residential and buy-to-let home loans from today as experts predict a growing price war could push mortgage rates lower. MPowered mortgages has reduced fixed rates across its range, available through intermediaries.
