With 2 lenders in the last 2 weeks offering market leading rates for only 10 and 7 days respectfully, it is now time to look to get your details to together and to be ready to move at very short notice. One of the lenders launched the product on a Saturday saying it would be pulled on the following Friday. This product had a 1% reduction in the arrangement fee, a reduction in the rate of 0.75% for the next 2 years, an increase in the loan to value of 15% and an improvement in the rental calculation. On a £100,000 borrowing this would have saved 3%, £3,000.
We were able to help our clients who had already completed fact finds, where we had a plan to look for products that suit their situation. If you want to be ready to act, please contact us.