News
Platform changes new business and product switch rates
Platform will tweak select new business and product switch deals by up to 0.15 per cent, including buy-to-let deals.
On the mainstream side, 10-year fixed rates have fallen by up to 0.1 per cent with pricing starting from 5.4 per cent.
Two, three and five-year fixed rates have risen by around 0.1 per cent, starting at 5.17 per cent, 5.12 per cent and 4.92 per cent respectively.
The lender added that all two, three and five-year fixed rate deals at 95 per cent loan to value (LTV) have been withdrawn.
For professional mortgages, two-year fixed rates have been increased by 0.13 per cent, and now begin from 5.5 per cent.
Five-year fixed rate professional mortgage products have risen by up to 0.15 per cent and start from 5.28 per cent.
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Platform: Buy-to-let offerings
On the buy-to-let side in its mainstream range, two and five-year fixed rate products have increased by up to 0.15 per cent. Two-year fixed rates are priced from 5.27 per cent and five-year fixed rates start from 5.17 per cent.
Two-year fixed premier buy-to-let products have risen by 0.15 per cent at 60 per cent LTV and begin from 5.14 per cent.
At 65 per cent LTV, two-year fixed premier buy-to-let products have fallen by 0.05 per cent.
With Help to Buy products, which apply to the Welsh scheme only, two-year fixed rates have risen by 0.08 per cent and five-year fixed rates are up by 0.09 per cent.
On the product switch side, mainstream two and three-year fixed rates have fallen by around 0.12 per cent and are priced from 4.91 per cent and 4.84 per cent respectively.
Five-year fixed rate deals in this range have fallen by up to 0.1 per cent and start from 4.47 per cent.
Two and three-year fixed rate buy-to-let products have decreased by up to 0.13 per cent and are priced from 4.99 per cent and 4.94 per cent apiece.
Two-year fixed premier buy-to-let products have decreased by up to 0.13 per cent and begin from 4.86 per cent.
Help to Buy deals have increased by up to 0.09 per cent, with two-year fixed rates starting from 5.58 per cent, three-year fixed rates beginning from 5.06 per cent and five-year fixed rates priced from 5.06 per cent.