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
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Blemain Finance parent rebrands as Together - Mortgage Strategy
WEBPaul Thomas 21 September 2015. The parent company of Blemain Finance and Lancashire Mortgage Corporation has today pulled all of its lending arms under one bramd – Together. Previously, Jerrold Holdings offered residential and commercial loans through various different brands, including Auction Finance, Bridging Finance and Cheshire Mortgage ...
Principality tweaks rates on resi and BTL deals
WEBNov 20, 2023 · Principality is launching (21 November) an updated mortgage acquisition product range. For residential mortgage changes Principality are decreasing the rates on the following products: Select 75% LTV products by up to 0.10%. Select 80% LTV products by up to 0.08%. Select 85% LTV products by up to 0.11%.
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 ...
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.
Lender ratings: The best in buy-to-let – Mortgage Strategy
WEBMar 14, 2022 · NatWest is one of the most improved BTL lenders in recent months. “A strong like-for-like proposition and cheap rates mean more of our brokers are using it for remortgages,” says Trinity Financial product and communications manager Aaron Strutt. Alexander Hall director of lender relationships and …
Heliodor has “no plans” to hike rates on NRAM loans
WEBNov 7, 2019 · Heliodor has confirmed it has "no plans" to increase interest rates for 55,000 former Northern Rock borrowers whose mortgages it is set to acquire from NRAM. The loans were sold for £4.9bn and the transfer is due to complete on November 11. The UK Mortgage Prisoners group instructed law firm Harcus Parker to advise
LiveMore secures £275m funding line from NatWest Markets
WEBRebekah Commane 23 February 2022. Over-50s mortgage lender LiveMore Capital has secured a £275m funding line with NatWest Markets. The funding will facilitate LiveMore’s portfolio growth and loan origination for interest-only mortgage products. The lender says it is now in a position to reimagine later-life mortgages and “mobilise the ...
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. Legislation.
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