LendInvest Mortgages has reduced rates across its entire range of residential mortgage products. The lender’s two-year fix up to 75% LTV will be cut by 15 bps, and by 10 bps for those over 75% LTV. Furthermore, LendInvest has reduced all five-year fixed rates by five bps. The lowest rates now start from 5.14% for a two-year fix. The lender is also offering a cashback incentive of up to £400 to soften the administrative costs during the mortgage process.
Foundation Home Loans has launched five new limited edition buy-to-let products designed with larger loan sizes, featuring flat fee structures. On the lender’s F1 range, five-year fixes are available from 5.19% at 75% LTV with a £4,995 flat fee and a minimum loan of £200,000, and at 4.99% at 75% LTV with a flat fee of £7,995 and a minimum loan size of £300,000. On its F2 range, large HMO two and five-year fixes start from 6.34% and 6.14% respectively at 75% LTV, while its F2 MUFB five-year fix is also available at 5.64%. All F2 products are available at 75% LTV with a flat fee of £4,995 and a minimum loan size of £200,000.
Yorkshire Building Society has refreshed its range of fixed rate saving options and has increased rates by up to 0.30%, in order to give savers greater certainty. The new range includes a one-year fixed rate bond at 4% AER, available through branches, agencies, post or online. The account can be opened with a minimum balance of £1,000 and the account pays interest annually and matures on 31 July 2026. The Yorkshire has also launched two, three and five-year fixed bonds, available from 4.05%, 3.80% and 3.70% respectively.
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