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News
Inspired Lending cuts bridging rates
3+ day, 16+ hour ago (180+ words) Its first charge bridging rate now starts from 0.75% per month, down from 0.79% previously. Meanwhile, rates for second charge bridging, heavy refurbishment, semi-commercial and commercial lending now start from 0.85% per month. The Pears family, owners of property firm William Pears Group,…...
Barclays reveals fast-track remortgage service giving offers within 24 hours
1+ week, 4+ day ago (372+ words) The new scheme will launch on Monday (7 September) and is aimed at homeowners who stick with existing lenders out of convenience and certainty. Renewing a mortgage is often seen as a complex and time-consuming process. Barclays said research shows, across…...
Newcastle BS cuts rates and adds trackers; Principality cuts PT rates – round-up
1+ week, 5+ day ago (220+ words) The cuts have been applied to selected purchase, remortgage and product transfer options on deals up to 95% loan to value (LTV). The mutual has also launched base rate tracker products. This includes a two-year tracker at 80% LTV, priced at 4.45% with…...
Paragon reduces BTL rates up to 15bps
1+ week, 5+ day ago (251+ words) Products in its Core and Tailored propositions now start from 3.4%. Across the Core range, the cuts apply to two- and five-year fixed-rate mortgages for purchases and remortgages of single self-contained properties, houses in multiple occupation (HMOs) and multi-unit blocks (MUBs)....