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Accord Buy to Let has announced a series of rate reductions to products within its buy-to-let range by up to 0.44%. Full/source article
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Pepper Money has unveiled a series of new buy-to-let rate reductions and product introductions.
The new mortgage range includes buy-to-let limited editions as well as series of changes to its core product range.
Highlights include a 65% loan-to-value (LTV) five-year fix from 3.38% to 3.28%, and the 80% LTV five-year fix from 3.88% to 3.78%. Both these two products are within the lender’s Pepper 48 range.
The 80% two-year fix has also been cut, from 4.45% to 4.39%, and the 75% LTV five-year fix from 3.87% to 3.84%.
The buy-to-let limited edition is available as a five-year fixed rate up to 75% LTV on Pepper 48, with a rate of 3.3% and a flat fee of £1,995.Pepper Money has also made cuts to five-year fixed rates on Pepper 24 and a two-year fixed rate on Pepper 18. And, on its buy-to-let range, Pepper Money has cut all five-year fixed rates on Pepper 48 by 0.1 percentage points, with rates now starting from 3.28%.Full/source story
Leeds Building Society has reduced rates on selected two-year buy-to-let fixed products by up to 0.06%.
From today, the society will offer a 1.44% two-year fix up to 60% loan-to-value (LTV), down 0.05% from 1.49%.
Leeds BS has also reduced its two-year BTL product at up to 70% LTV by 0.06%. The deal is now offered at a borrowing rate of 1.59%.
The society’s 80% LTV product is offered at a rate of 2.94% and comes with a free standard valuation, fees assisted legal services for remortgages and a £2,499 product fee.Full/source article
Newcastle Intermediaries has introduced a number of rate reductions to mortgage products within its buy-to-let range.
Highlights include a two-year fixed rate deal, available at 75% loan-to-value (LTV), which has been cut from 2.32% to 2.16%. This product comes with a £999 fee and tiered ERCs from 2% to 1%.
There is also a 75% five-year fixed rate product available at 2.86%, down from 2.95%, which includes tiered ERCs dropping from 5% to 1%. It also comes with has £500 cashback, no product fees and free standard valuations.Full/source article