NEWS

Bank of England weighs biggest mortgage rule change in over a decade

Financial Policy Committee considers raising the high-LTI threshold to five times income amid pressure from lenders and the government

'More landlords will exit the market' after Budget – Auction House MD

Oliver Prior says the Budget has steadied the property market without resolving its deeper tensions

Budget welcome, but planning must be ‘more willing to compromise’, Pegasus economist says

Pegasus Group's Richard Cook says visible outcomes, not rhetoric, will show whether this Budget delivers for housing

Budget pledges £1.5bn for housing — but experts aren’t convinced

The top-up is part of the 10-year housebuilding programme already funded — and takes total capital investment past £40bn

PREMIUM

30 years of BTL: how landlords continue to make it work

The market looks very different yet landlords adapt, invest and provide homes for millions of renters

MORTGAGE TYPES

Commercial

TAB launches commercial mortgage market intelligence briefing for brokers

The commercial mortgage lender’s new monthly report tracks Bank of England credit data and its own pipeline to spot lending gaps mainstream banks are vacating

Buy-to-let

Buy-to-let remortgage wave builds as pandemic-era fixes mature

Four in 10 mortgaged landlords plan to remortgage in the next 12 months, averaging 2.9 loans each, Paragon finds

MI TALK

Turn Mortgage Talks into insurance wins: Build Trust with Tailored Home Insurance

Deliver a seamless client solution that boosts your business and builds long-term trust

MORTGAGE INDUSTRY

7 Year Fixed Rate Mortgages

There are currently no lenders offering 7 year fixed rate products at the moment

7 Year Fixed Rate Mortgages

There are currently no lenders offering 7 year fixed rate products at the moment

There are 476 5-year fixed rate mortgages on our database from these 10 lenders, it’s worth checking what those rates are and what fees they entail. Whilst the rates are quite varied, HSBC’s Remortgage Fixed Premier rate starts at 3.83% with a £999 product fee and Nationwide is offering 4.02% on their Moving Home Fixed rate with a £999 product feeback

Guides

Our database has 151 3-year fixed rate mortgages from 7 lenders, it’s worth seeing what rates available and the fees that accompany them. Santander’s First Time Buyer Fixed rate is 4.10% with a £999 product fee and Barclays is offering is 3.99% for their Fixed Rate Residential Purchase Premier Exclusive rate with a £999 product fee.

Guides

With 469 2-year fixed rate mortgages available from 10 lenders, it is worth seeing what rates are available alongside the fees they entail. With lenders being keen to not fix rates for too long a term, our list of rates shows that Coventry Building Society is offering 3.88% with a £999 product fee for their Moving Home Fixed rate. Nationwide is offering rates from 3.95% with a £999 product fee for their First Time Buyer Fixed rate.

Guides

Buy to Let borrowers can take advantage of a short-term fixed rate with Nationwide from 2.99% with a product fee of 2% of the total loan amount. Barclays are offering 4.78% with no product fee for Existing Customers looking for a short-term fixed rate. TSB are also offering an Existing Customer Product Transfer Residential fixed rate at 5.70% with no product fee.

Guides

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