Steve Cox, chief commercial officer at Fleet Mortgages, explores the future path of Bank Rate and why he feels we are going to move into ‘big deal’ territory over the next...
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The F1 limited edition five-year fixed rate comes with a headline rate of 5.74%.
Some welcomed more innovation for first-time buyers, while others raised concerns about the potential for negative equity.
New research from the Bank also shows growing demand for Shariah-compliant home finance.
Standard two-year fixed rates now start from 3.00%.
The lender says it is now delivering 80% of mortgage offers in 24 hours and 20% in two hours.
Advisers say products with more flexible criteria and which more easily allow capital repayment are most needed.
The FCA recently launched a review innto how firms approach and treat customers in vulnerable circumstances.
Sales agreed are up 9% compared to a year ago.
Liza has previously worked at L&G, Paragon, and Precise.
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