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Fleet Mortgages reduces cost of five-year fixes – Mortgage Strategy

Buy-to-let specialist Fleet Mortgages has cut rates on its five-year fixes by up to 20 bps.  As a result, a five-year fix is now priced at 5.14%, or 5.54% at 75% LTV. These rates are available at on both its standard and limited company ranges, with the 70% LTV deal charging a 5% fee and all other products having a

Two thirds of landlords will not sell property – Mortgage Strategy

Two out of three buy-to-let landlords (66%) do not intend to sell any of their property in the next 12 months and 36% of those actually intend to buy, according to the latest Landbay survey. The other third (34%) are thinking of selling but only one in ten of them will sell all of their property with the main reason

Coventry for intermediaries reduces rates by up to 36bps – Mortgage Strategy

Coventry for intermediaries has reduced selected residential rates by up to 36 basis points (bps) with fixed rate options available for 2, 3 and 5 years. The lender has also expanded its 95% product range to include 2- and 3-year fixed rate options. It said this will sit along the 5-year fixed rate options already

Landlords continue to exit UK market with another 151,000 home sales – Mortgage Strategy

Landlords continue to exit the UK property market with the sale of another 151,000 buy-to-let and holiday homes in the year to April 5 2023, according to national accountancy group UHY Hacker Young. The group said that buy-to-let properties have become markedly less profitable for many landlords in recent years as

Fifth of properties in England and Wales report 10% rent rise: ONS – Mortgage Strategy

One in five properties in England and Wales have seen rents rise 10% or more this year, according to latest data from the Office of National Statistics (ONS). The figure was one in four in London where rents have soared as landlords sell up and tenants multiply. The ONS data look at prices and behaviour in the

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