Mortgage strategy: UK latest mortgage news
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Historical interest rates in the UK, 1979-2017: rise and fall
WEBMar 29, 2018 · 2007-2017. Under the impact of the global financial crisis, the base interest rate fell to its lowest level for 300 years. Starting at 5.75 per cent in July 2007, rates had fallen to 0.5 per cent by March 2009, with a further fall to 0.25 per cent in August 2016. There was a very slight rise back to 0.5 per cent in November 2017.
The latest breaking UK mortgage news | Mortgage Strategy
WEBMortgage News. Mortgage Strategy offers the latest breaking UK mortgage news, covering mortgage rates, house prices, buy-to-let rates, mortgage products and other news around mortgage brokers, mortgage advisers and the mortgage industry as a whole. SPECIALIST.
Mortgage Brain adds Cumberland Building Society to platforms
WEBMomodou Musa Touray 22 January 2024. Technology provider Mortgage Brain has added The Cumberland Building Society to its Sourcing Brain and Criteria Brain platforms. This new partnership will help The Cumberland achieve its long-term aim of evolving its distribution strategy by adding more brokers to its panel and thereby reaching greater ...
HSBC For Intermediaries – News and Analysis - Mortgage Strategy
WEBHSBC to sell through First Complete and Pink. Mortgage Strategy’s latest news, analysis and opinion featuring HSBC For Intermediaries.
Coventry, Santander, Virgin and Clydesdale reduce SVRs in line …
WEBAug 1, 2024 · Coventry Building Society, Santander, Virgin Money, Clydesdale and Yorkshire Bank have all lowered standard variable rate (SVR) mortgages in line with the Bank of England decision today. Earlier today interest rates were cut by 0.25% to 5% by the BoE’s Monetary Policy Committee (MPC). Coventry has announced an
NatWest revamps BTL calculator, portfolio ... - Mortgage Strategy
WEBRoger Baird 10 June 2024. NatWest has revamped its buy-to-let affordability calculator, portfolio assessments and stress tests, which it says will make loan applications “easier for brokers and their landlord customers”. The high street bank says it will launch a streamlined BTL affordability calculator, which now contains “just 11 key ...
Co-op Bank completes mortgage migration from Platform
WEBRoger Baird 15 February 2024. The Co-operative Bank has migrated 120,000 mortgage customers from its Platform hub to the new The Co-operative Bank for Intermediaries mortgage brand. The lender says the move is part of a wider technology upgrade, “which will see the bank retire the majority of its legacy systems and data centres” later this ...
Halifax Intermediaries cuts rates by up to 33bps
WEBJul 31, 2024 · Halifax Intermediaries has made rate reductions across various product ranges by up to 33 basis points, effective 1 August. Remortgage products will see complete by and end dates extended as well as lowered rates. The 80% loan-to-value (LTV) five-year fixed rate has been reduced from 5.25% to 4.93% while the 80% LTV
Santander introduces new rates across BTL products
WEBGeorgie Lee 22 March 2022. Santander is introducing new buy-to-let (BTL) purchase and remortgage rates, and relaunching selected fee-free residential remortgage rates. New residential mortgage rates across two and five-year fixes are set at 2.44% with 85% LTV, while rates will be set at 2.89% and 2.99% for 90% LTV across two and five-year fixes ...