Platform has reduced rates on residential mortgages for new customers and those who are switching.
This includes two-year fixes between 80 to 95 per cent loan to value (LTV), either fee-free or with fees of £1,499. These have been reduced by up to 0.26 per cent and rates now range from 1.65 per cent for a mortgage with a £1,499 at 80 per cent LTV.
The fee-free 95 per cent LTV product has a rate of 3.87 per cent.
Two-year fixed professional mortgages for those in vocations such as veterinarians, solicitors and pharmacists have also seen reductions of up to 0.26 per cent. Five-year fixes for professionals have been cut by up to 0.16 per cent.
Across product switches, rates have been reduced by up to 0.26 per cent for two-year fixed residential mortgages. Rates now begin from 0.95 per cent for a 60 per cent LTV product with a £1,249 fee.
Three and five-year fixed product transfers have had cuts of up to 0.14 per cent.
Changes are effective from today.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
