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The new two-year fixed-rate product switcher deals now start from 4.69percent (60percent loan to value) with a 999 fee. Two, three and five-year fixed rates on product transfer deals are also set to rise by up to 0.2 percentage points. These are deals for existing TSB customers coming to the end of a deal and looking for a new fixed rate.
Barclays has https://happy-gambler.com/stake7-casino/ reduced its two-year fixed-rate deal for purchase from 4.99percent to 4.68percent for borrowers with at least a 40percent cash deposit (60percent LTV). Barclays is cutting the cost of selected fixed-rate residential deals for home purchase by up to 0.31 percentage points, effective from tomorrow , writes Jo Thornhill. Most of the time, online casinos only allow you to claim one bonus at a time.
The bank is offering a two-year fixed rate for residential purchase at 6.3percent (down from 6.7percent) at 95percent LTV. This deal is part of the government-backed mortgage guarantee scheme. The two-year fixed rate at 85percent LTV has fallen slightly to 5.77percent (down from 5.79percent).
Among its new rates is a five-year fixed rate for standard BTL purchase or remortgage at 4.04percent with a 3percent fee (65percent loan to value). The Mortgage Works, the specialist lending arm of Nationwide building society, is relaunching fixed rate deals for buy-to-let borrowers at 80percent loan to value from tomorrow . The two-year fix is 5.74percent and the five-year fix is 5.94percent, both deals have a 2percent arrangement fee and are available for purchase and remortgage. Its fixed rates for limited companies start from 6.39percent, also with a 2percent fee.
Among its new deals, the lender is offering a two-year fixed rate deal for purchase or remortgage at 4.49percent with a 3percent fee (65percent loan to value). Five-year fixed rates, also for purchase or remortgage, start from 4.99percent with a 1,495 fee (55percent LTV) and three year rates start from 4.84percent with a 3percent fee (65percent LTV). The Mortgage Works, the specialist buy-to-let lender of Nationwide building society, is cutting selected fixed rates by up to 0.3 percentage points from tomorrow . Among the new deals it will offer a two-year fixed rate for BTL purchase or remortgage at 4.34percent with a 3percent fee. HSBC has cut selected fixed rates for new and existing customers across its residential and buy-to-let ranges. New rates include a five-year fixed rate for home movers at 4.93percent with a 999 fee.
Financial markets reacted to the news by estimating that official interest rates would top out at about 4.75percent by next autumn. There are currently more than 3,600 mortgage deals available, according to Moneyfacts – this compares to the 2.258 on the market in October 2022. But this is still down on the 5,394 deals available in January last year. New mortgage deals have the shortest shelf life ever at just 15 days on average before being withdrawn, according to analysts Moneyfacts.
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The fee-free version now charges a rate of 6.49percent – also down 0.35 percentage points. Elsewhere, five-year fixed rates at 60percent LTV have dropped by 0.25 percentage points to 2.24percent, while at an LTV of 80percent, the five-year fixed rate is now 5.29percent (down 0.20 percentage points). At a loan to value ratio of 60percent, its two-year fixed rate has dropped by 0.30 percentage points to 5.79percent (when borrowers pay a 999 fee). The rate for the fee-free version is 5.99percent, down 0.35 percentage points.
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