Tag Result: interest-only

‘Beggars belief’ borrowers are tested on stress rates but not loss of income – Star Letter 19/02/2021
Each week Mortgage Solutions and its sister title Specialist Lending Solutions pick the to...

Protection, communication and interest-only will be post-stamp duty holiday focuses – Marketwatch
The looming stamp duty holiday cliff edge has forced the mortgage sector to focus on homeb...

Lenders miss out by not selling interest-only mortgages to low-income borrowers – Star Letter 12/02/2021
Each week Mortgage Solutions and its sister title Specialist Lending Solutions pick the to...

Top 10 most read mortgage broker stories this week – 29/01/2021
Updates made across the high loan to value (LTV) tier were of the most interest this week,...

Interest-only borrowers seeking equity release drive up lump sum lending
Interest-only mortgage borrowers with loans reaching maturity took out equity release in l...

Metro cuts 90 per cent LTV rate and tweaks interest-only
Metro Bank has cut the interest rate on one of its 90 per cent loan to value (LTV) product...

Newcastle to drop SVR to 3.96 per cent
Newcastle Building Society has dropped its Standard Variable Rate (SVR) by 2.03 per cent t...

Coventry BS relaunches interest-only for high value properties
Coventry Building Society is returning to the interest-only market with the launch of a ra...

FCA ‘virtue signalling must stop’ – UK Mortgage Prisoners
The Financial Conduct Authority’s (FCA) proposals to extend the maturing period for inte...

FCA offers mortgage prisoner help and delays interest-only capital repayments
The Financial Conduct Authority (FCA) is proposing to ease the rules for borrowers switchi...