Barclays Offers ‘Future Fix’ Mortgage
Banking giant Barclays announced today that it is launching a new mortgage combining a base rate tracker mortgage with a fixed follow-on rate mortgage.
Banking giant Barclays announced today that it is launching a new mortgage combining a base rate tracker mortgage with a fixed follow-on rate mortgage.
Data published this week has revealed that there are now 21 buy-to-let mortgages on the UK market with a loan-to-value (LTV) of up to 80 per cent.
The uncertain economic conditions facing the UK are leading mortgage brokers to recommend that borrowers “shop around” for the best deals, according to the BBC.
The ongoing trend towards greater competition in the buy-to-let mortgage market stepped up a notch today, when the Yorkshire Building Society said that it will be loosening its lending criteria for such deals offered to borrowers in England and Wales.
The boss of a leading firm of chartered surveyors has warned that mortgage lenders are very unhappy about the threat to property prices posed by the recently approved high-speed rail link between London and Birmingham.