Nationwide mortgage lending plummets 62% to 12.1bn  

By: ameer@trustedteam.com

Nationwide said its half-year pre-tax profit lifted 2.1% to £989m from a year ago due to higher income – but mortgage lending plunged 62% to £12.1bn, adding that the...

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Keystone Property Finance cuts rates by up to 20 bps

By: ameer@trustedteam.com

Keystone Property Finance has lowered rates for a third consecutive week with products reduced by up to 20 basis points.   The specialist buy-to-let lender’s standard range now starts from 4.64% for...

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Govt support for first time buyers crucial: Coventry BS

By: ameer@trustedteam.com

If the property market is going to remain stable it needs to stand on firm foundations and a fundamental element of that is a functioning first time buyer market. This...

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Co-op Bank for intermediaries reduces resi, landlord rates by up to 42bps  

By: ameer@trustedteam.com

The Co-operative Bank for intermediaries will cut new business rates across its residential and buy-to-let ranges by up to 42 basis points.   ...

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Co-op Bank for intermediaries cuts resi, BTL rates by up to 42bps  

By: ameer@trustedteam.com

The Co-operative Bank for intermediaries will cut new business rates across its residential and buy-to-let ranges by up to 42 basis points.   The lender’s reductions cover:   Residential   Two-, three-...

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Foundation Home Loans cuts resi, BTL rates by up to 45bps  

By: ameer@trustedteam.com

Foundation Home Loans has cut rates across its buy-to-let and owner-occupied core product ranges by up to 45 basis points.   The broker-only specialist lender says in its BTL core...

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Second Charge Watch: Consolidated effort

By: ameer@trustedteam.com

According to The Money Charity, UK households owed £1,846.5bn at the end of August — an increase of more than £35bn on the previous year, equating to an additional...

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Atom reduces rates on Prime and Near Prime products

By: ameer@trustedteam.com

Atom bank has reduced rates across its mortgage products for both Prime and Near Prime customers. The bank has reduced rates across the full Prime product range by up to...

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Kent Reliance boosts HMO criteria, cuts landlord rates by up to 30bps  

By: ameer@trustedteam.com

Kent Reliance for Intermediaries, has made several changes to its landlord range, including cutting rates by up to 30 basis points and raising maximum beds from 10 to 20...

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Lenders slash more fixed rates below 5%

By: ameer@trustedteam.com

Anyone comparing mortgages may be pleased to see the arrival of more sub-5% options this week. The latest analysis from Moneyfactscompare.co.uk reveals that within the residential mortgage sector this week:...

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