Related topic: Mortgages

76% say being self-employed makes it harder to get a mortgage and 0ver a third don’t know what deposit they would need to buy.

The buy-to-let lender has cut five-year fixed rates and launched new product options, including two-year product transfer trackers.

Geopolitical tensions, cost of living and affordability issues are making mortgage borrowers cautious, the survey found.

The rate reductions cover products for first-time buyers, home-movers and buy-to-let borrowers.

The lender has also reduced rates across selected specialist and standard fixed rates.

First-time buyer rates have seen the largest reductions.

The lender has launched a new 55% LTV buy-to-let product and enhanced interest-only flexibility for residential borrowers.

Grant Hendry, director of sales at Foundation, says turning portfolio clients into repeat business is less about doing more, and more about doing things once, and doing them well.

Yorkshire and the Humber was the English region with the highest house price inflation.

The lender is increasing maximum loan sizes across various LTV bands for experienced landlords.