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Paragon: record number of landlords remortgaging for a better rate
14th December 2017
Confidence among mortgage intermediaries reached its highest level since 2015 in the third quarter of 2017 as mortgage activity increased, according to Paragon’s latest Financial Advisers Confidence Tracking (FACT) Index report. The FACT Index scored 105.9 in the third quarter, the first increase for a year and the highest score since thr fourth quarter of […]
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Continued growth for remortgage sector
14th December 2017
Figures from UK Finance show that the number and value of loans for remortgage and house purchase rose in October, both compared with September and compared with October 2016. Homeowner remortgage activity totalled £7.3 billion in October, up 15.9% compared September and 17.7% compared with October 2016. This corresponds to 41,100 remortgages, an increase of 16.1% […]
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UK Finance reports “flurry in remortgage activity”
27th November 2017
Homeowner remortgage activity, combined with stronger first-time buyer numbers, drove mortgage lending in October, according to UK Finance. Its estimate showed that £23.1 billion was borrowed during the month, up 14% compared with October 2016. Two-thirds of mortgage lending was agreed by high street banks, accounting for £15.3 billion of the total. At 7.1%, the […]
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Accord reduces buy-to-let remortgage rates
13th November 2017
Accord has cut selected buy-to-let remortgage rates by up to 0.17%. Its new rates include a two-year fix up to 75% loan-to-value (LTV) at 2.64% with a £450 product fee, plus £500 cashback on completion and free standard valuation. The lender is also offering is a five-year fix at 65% LTV at 3.09% with a […]
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Aldermore launches new fee-free buy-to-let remortgage deals
30th October 2017
Aldermore has introduced a new limited-edition range of buy-to-let remortgage products. The bank is offering several five-year fixed-rate buy-to-let remortgage products with no product fee. Available immediately, the limited-edition range includes a five-year fixed-rate buy-to-let remortgage at 3.48% up to 75% loan-to-value (LTV), down from 3.98%; and a five-year fixed-rate buy-to-let remortgage at 4.38% up […]
