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- NatWestis cutting fixed rates for purchase and remortgage, available through brokers, by up to 0.57 percentage points from tomorrow .
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- Skipton building society has reduced the cost of a swathe of its mortgage products by up to 0.49 percentage points, writes Jo Thornhill.
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Loughborough building society has announced the withdrawal of a selected range of its mortgage deals through brokers from the end of Monday . Two-year fixed buy-to-let rates for new customers will rise by 0.1 percentage points, starting at 5.47percent. Halifax is now offering a two-year fixed rate for remortgage at 6.21percent or a five-year rate at 5.83percent, both with a 999 fee (for loan to value ratios of between 60percent and 85percent).
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The reductions apply on retirement interest-only mortgages, standard capital and interest mortgages, as well as on lifetime mortgages for equity release, among other deals. Residential deals for existing HSBC customers looking for a new fixed rate through a product transfer deal have also been cut by up to 0.11percent. A five-year fixed rate at 60percent loan to value now starts from 4.39percent with a 999 fee. Halifax has also announced it will tweak first-time buyer and home mover rates upwards by 0.05 percentage points on selected two and five-year fixed rates from Thursday . The increases will be applied across standard deals as well as the bank’s Green mortgages, shared equity and shared ownership deals, new build and large loan deals. Coventry building society, in contrast, has cut two, three and five-year residential deals, available through brokers, by up to 0.3 percentage points.
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