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TSB also pulled a number of its two-year fixed rates for purchase and remortgage from the market yesterday and has now increased rates by up to 0.2 percentage points. Virgin will also launch a range of broker exclusive purchase and remortgage highway to hell deluxe 80 free spins deals tomorrow, including a two-year fix with a 1percent fee at 5.09percent (60percent LTV). Swap rates are the interbank interest rates at which banks lend to each other, they are widely used by lenders as a guide for pricing fixed rate mortgage deals. Among its new rates NatWest will offer a five-year fixed rate for home purchase at 4.66percent for borrowers with at least a 40percent cash deposit. The three and 10-year fixed rates for remortgage at HSBC have been cut by up to 0.45 percentage points.
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The reductions apply to limited company buy-to-let mortgages and lending for houses in multiple occupation . The lender’s two-year fixed rate at 75percent LTV in this market sector, for purchase and remortgage, is now at 5.19percent with a 3percent fee. Santanderfor Intermediaries is cutting selected fixed rates, available through brokers, for new and existing customers by up to 0.29 percentage points.
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It is also offering a fee-free two-year fixed rate for BTL purchase at 6.44percent (60percent LTV). Nationwide building society is cutting selected fixed and tracker rate deals for new and existing customers by up to 0.15 percentage points from tomorrow , writes Jo Thornhill. Gen Hhas cut the cost of two- and five-year fixed rates by up to 0.17 percentage points.
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