Leek Building Society has launched Shared Ownership Mortgage to make owning a home in England an achievable reality. The lender said its shared ownership mortgage comes with an interest rate that is fixed for five years. Buyers with household incomes below £80k in England (£90k in London) can purchase a
Legal & General Mortgage Club has joined with Leek Building Society to offer broker members access to an exclusive residential product, aimed at first-time buyers. The mutual offers a two-year fixed-rate product at 95% loan to value, priced at 5.99%. An early repayment charge of 2% applies in year one and a 1%
The Nottingham has made a series of cuts to a number of its 80% LTV to 90% LTV fixed rate products. Most significant of all these changes is the 80% LTV two-year fix with £1,499 fee, which has received a 70 basis point cut to take the rate to 1.30%. Elsewhere, rate cuts comprise: The 80% LTV five-year fix with £800
The Nottingham for Intermediaries has made a number of price cuts to its high-LTV mortgage range. Specifically, the 95% LTV residential five-year fix with zero fee has been reduced from 3.20% to 2.95%. And for buy-to-let borrowers, the 75% LTV limited company two-year fix with zero fee has been cut from 3.40% to