
In a blog for Mortgage Solutions, Lucy Lewis, national account lead at Skipton Building Society, said moving into your first home can be expensive and this aimed to give first-time buyers “breathing room”.
News that the Financial Conduct Authority (FCA) is consulting on simplifying mortgage rules was also popular with readers, along with the base rate cut industry reaction and consequent lender rate cuts.
MT Finance launches sub-3% BTL mortgage rate
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Nationwide, Leeds BS and Santander lower rates following base rate cut – round-up
First-time buyers offered sub-4% rates with Nationwide; MPowered cuts pricing – round-up
Base rate cut was expected and will be ‘small tailwind’ – reaction
FCA wants it to be ‘easier, faster and cheaper for borrowers’ to make mortgage changes, says Aladhal