Purchase rates now start from 4.42%.

Keith Young, managing director of Broker Conveyancing, predicts how the mortgage market might progress in 2024 and the opportunities an increase in activity presents for advisers.

Buy-to-let rates have also reduced by up to 50bps.

Nomo has partnered with MagiClick to launch the new site.

The number of sales being agreed is now 13% higher than at this time last year.

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The lender is also expanding its Fix and Switch range to buy-to-let customers. 

Selected buy-to-let rates have also been reduced by up to 26bps.

90% of mortgage borrowers are confident they will keep up with payments, an increase from 85% in December 2023.