Gross lending is 13.1% below the total seen in Q1 2023.
All Mortgage Stories
The Bank has revised its buy-to-let ICR and will now stress a number of products at payrate.
The offer period has also been extended to nine months.
Expat holiday let rates have reduced by 30bps.
Skipton International’s range of UK buy-to-let products for non-UK residents will now be available through Xplan Mortgage and Trigold.
Since the H2B ISA was introduced in 2015, the average house price has increased by 38%, yet the limit has never increased.
LiveMore’s entire range now has no maximum age limit including its retirement interest-only and lifetime mortgages.
IMLA now has a total of 69 full and associate members.
The Society has launched new two-year and five-year products.
When interest rates were at lower levels, most buyers with a 10% or 5% deposit found mortgage payments comparable to, or less than, their current rent.
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