RAW will now lend against current market value, rather than deducting a new build premium.
RAW will now lend against current market value, rather than deducting a new build premium.
Mortgage rates had already begun to increase in February, before the full effects of the conflict in West Asia pushed up swap rates.
Average mortgage rates increase by 0.4 percentage points in recent weeks.
Gordon joins from Mortgage Advice Bureau where he was recruitment director and previously regional sales director.
Buy-to-let product choice has fallen sharply, by around 1,300 deals since the start of March.
Ben was previously national account manager at Finova.
New business and product transfer fixed rates will increase by up to 0.53%.
The lender already accepts day one remortgage applications for bridge exits from FCA registered firms.
Rob Stanton, sales and distribution director at Landbay, explores why landlords who are well-capitalised and properly advised continue to see Scotland as a viable long-term investment...
The changes are designed to simplify and accelerate application to offer journeys for brokers and customers.
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