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.
Mortgage strategy: UK latest mortgage news
WEBBrokers love speaking to the decision maker, so why not allow that? The leading financial website dedicated to the mortgage intermediary. Read breaking mortgage news and mortgage industry comment and analysis from recognised experts. Register now.
TSB lifts residential rates by up to 15bps - Mortgage Strategy
WEBFeb 16, 2024 · Residential five-year fixes up to 75% LTV, rise by up to 15bps. NatWest and Virgin Money also lifted fixes yesterday as swap rates have risen in recent weeks. A two-year Sonia swap was 4.450% on 14 February, up from 4.092% on 15 January, according to Chatham Financial. Five-year rates have risen to 3.892% from …
TSB raises max age for BTL to 80 and updates affordability
WEBApr 7, 2021 · TSB has increased the maximum age allowed for buy-to-let mortgages from 75 to 80. The lender has also updated the way it calculates affordability for landlords. For a buy-to-let loan to be considered affordable, the annual rental income must be more than 145 per cent of the annual mortgage interest. However, the way
Mortgage regulation - Mortgage Strategy
WEBStay informed on all of the latest mortgage regulation, rule changes and policy updates in the world of regulation - from the FCA, PRA and other governing bodies. Register now for your updates.
Analysis - Mortgage Strategy
WEBNews & analysis delivered directly to your inbox Register today to receive our range of news alerts including daily and weekly briefings. Mortgage Strategy Events
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 ...
Leasehold reforms may open up Govt to £30bn legal challenge
WEBRoger Baird 15 May 2024. Leasehold reforms making their way through parliament may subject the next government to a “colossal” £30bn black hole if passed, according to the Residential Freehold Association. The freeholders trade body has written the UK’s finances watchdog, the Office for Budget Responsibility, to warn that the Bill’s ...
Coventry unveils Godiva offering – Mortgage Strategy
WEBMar 21, 2007 · Godiva Mortgages, the new specialist lending subsidiary of Coventry is to launch tomorrow. As part of intermediaries@theCoventry, Godiva Mortgages will build upon the Coventrys existing offering as a specialist lender for intermediaries and will feature a range of products for buy-to-let, self-cert, credit impaired and 100% plus LTV markets ...
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.