The lender has launched a sub-4% remortgage rate at 75% LTV.
The lender has launched a sub-4% remortgage rate at 75% LTV.
In H1, landlords who remortgaged buy-to-let properties withdrew £1.94 billion to fund portfolio expansion.
The West Brom is also making reductions to its shared ownership purchase range.
The change expands the lender’s criteria to meet a wider range of borrowing scenarios.
The sheer volume of loans maturing has tilted the market towards refinancing, however the purchase market remains strong, Stonebridge says.
Landlords appear to be focusing on protecting existing portfolios rather than expanding them.
Grant Hendry, director of sales at Foundation Home Loans, says brokers who understand how to navigate subtle criteria differences can unlock options that others might overlook,...
David Lownds, head of products and marketing at Hanley Economic Building Society, says the current remortgage surge is an opportunity for advisers to deepen relationships and reinforce...
Mortgage customers looking to capital raise while remortgaging can now access funds up to 90% LTV.
The Society has reduced three and five-year fixed rates at 95% LTV.
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