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June: Fca Says 1 1m Mortgages Using Emergency Support

Today its Santander for Intermediaries brand has followed that with cuts to fixed rates for residential and buy-to-let customers accessing deals through brokers. The new two-year fixed rates, available on deals up to 75percent loan to value, are for home purchase and remortgage. The new three-year fix is available up to 75percent LTV for remortgage. At the same time Accord, the specialist lending arm of Yorkshire building society, is increasing its fixed rate mortgage buy-to-let deals for existing customers, available through brokers. Market Harborough building society has slashed its fixed rates by up to 0.35 percentage points on deals available through brokers. It has a two-year fixed rate at 6.29percent with a 999 fee, available for borrowers purchasing second homes and applicants looking for joint borrower sole proprietor mortgages.

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Barclays has increased fixed rates across its range from this morning . The bank’s popular two-year fixed rate remortgage deal has gone up by 0.35 percentage points to 6.28percent (60percent LTV) with a 999 fee. Fixed rates for purchase at 95percent loan to value rise by 0.4 percentage points, while deals at 90percent LTV increase by up to 0.3 percentage points.

Santander is offering five-year fixed rates for remortgage customers from 4.71percent, three-year rates from 4.96percent and two-year rates from 4.92percent. Barclays is cutting selected fixed rate mortgage deals by up to 0.43percent across residential and buy-to-let borrowing, effective tomorrow , writes Jo Thornhill. HSBC has lowered rates, through brokers, for new customers looking for a residential or BTL remortgage deal, including first-time buyers.