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- More than 367,000 mortgage holders will come to the end of cheap five-year fixed rate deals over the next 12 months, according to Equifax.
- NatWest is raising the cost of its two and five-year fixed rate product transfer deals by up to 0.12 percentage points.
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Its five-year fixed rate at 60percent LTV, available from tomorrow, has a 999 fee. The new rate represents a 0.19 percentage point cut by Santander on its previous five-year fixed deal, which was itself launched earlier this month. Virgin Money has increased rates across its fixed-rate remortgage range by up to 0.25 percentage points, as costs fall across the wider mortgage market, writes Jo Thornhill.
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Saffron building society has also withdrawn a range of its fixed rate mortgage deals today, including 5percent deposit deals for first-time buyers and some buy-to-let mortgages. Lenders use swap rates to price their own fixed rate mortgage deals for customers. The bank is increasing two and five-year fixed rates for purchase by up to 0.4 percentage points and the same fixed rates for remortgage by up to 0.25 percentage points. Product transfer rates, for existing customers looking to switch deals, will also rise by up to 0.25 percentage points. Earlier today HSBC unveiled its new fixed rate mortgage range, which includes large increases to the rates on its popular two and five-year fixed rate remortgage deals.
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We will highlight such special cases in our bonus descriptions or in our online casino reviews. These welcome slot bonuses offer extra funds that can only fund bets on slot games. This usually works well with the high contribution of slot games. These free bonus no deposit promotions are created for new users of a specific casino.
The lender will offer a deal at 6.5percent with a 995 fee, for example. At the same time the mutual lender has said it will cut all fixed rates for new and existing buy-to-let borrowers. The lender’s two-year fixed rate remortgage deals have also had a haircut. The bank will also launch a two-year fixed rate for purchase at 5.69percent, available up to 90percent loan to value. There is a 995 fee but borrowers get 500 cashback on completion. HSBC has given notice to brokers of its intention to cut fixed rates across residential and buy-to-let deals from tomorrow morning .