HSBC has cut rates to 1.14% on higher loan to values benefiting existing homeowners looking to move or remortgage.
With an uncertain mortgage market Nationwide has removed their high loan to value mortgage deals for new buyers, tripling deposits.
Two and five year fixed mortgage rates have reduced to historic lows giving you the chance to save money by switching to a preferential rate.
Lenders have agreed to give 1.2 million homeowners impacted by the Coronavirus crisis a mortgage payment holiday.
The cost of fixed rate mortgages for borrowers has reduced but Coronavirus fears have seen lenders withdraw many products.
The Chancellor has extended the three-month mortgage holiday to buy-to-let landlords if tenants cannot pay rent due to Coronavirus.
Homeowners have access to double the number of retirement interest only mortgages as more providers offer products.
Fixed rate mortgage rates are reducing and set to fall further to the benefit of buy-to-let investors with more competition in 2020.
Home buyers delayed making new purchases due to uncertainty of the general election result with 10% fewer mortgage loans agreed.
The number of mortgages for new purchases to first time buyers and home movers is higher with increased borrowing values.
Nearly half of remortgage buyers are taking advantage of low interest rates by raising extra capital from their property.
Mortgage buyers continue to benefit from very low interest rates while savers are facing difficulty in finding a good level of interest.
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