From tomorrow, Nationwide will reduce selected rates on its five-year fixed rate mortgages. The reductions range between 0.10% and 0.31%, with the average cut being 0.23%. For those remortgaging rates are reducing across all tiers up to 75% LTV. Five-year fixed rate are being reduced by 0.26% available from 4.88% (up to 70% LTV), new customers can borrow up to 85% LTV.
Two lenders have come to market for buy-to-let offerings, Aldermore and Precise mortgages, who are offering mortgages only via the broker market. So another good reason to talk to us if you are considering re-financing your investment portfolio.
Andrew Fowler worked for Limetree Financial Services until December 2010. Feel free to contact another member of our team for help or advice.