Notable reductions include the 75% loan-to-value (LTV) 5-year fixed rate for remortgages, with a £999 fee, down by 0.05% to 1.59% and the 75% LTV 5-year fix FeeSaver for remortgage cut by 0.05% to 1.74%.
This includes people sleeping on the streets, living in insecure accommodation like B&Bs, or sleeping in cars and sheds.
The first episode of the podcast is called ‘Broker versus regulator – second charge mortgages’ and featured a discussion about whether the regulator should be doing more to ensure brokers are considering the option of a second charge mortgage.
Notable deals include a 10-year fixed rate at 2.54 for remortgage with a £999 completion fee and £250 cashback. ERCs apply during the 10 year term.
Kevin Roberts, director of Legal & General Mortgage Club, said: “We will see more collaboration between lenders, advisers and borrowers to meet government objectives, particularly around improving the energy efficiency of existing housing stock.”
Mortgages are available on a capital repayment or interest-only basis up to 85% loan-to-value (LTV), with affordability on interest only mortgages assessed on the interest payment only.
Taylor Wimpey will also remove terms which had originally been ground rent doubling clauses but were converted so that the ground rent increased in line with the Retail Prices Index (RPI).
Looking at its total lending data for the last three months, up until the end of November 2021, the product split by volume of mortgages is 77% debt consolidation/23% prime, and by value 67% debt consolidation/33% prime.
Second on the list is Phillimore Gardens, with average house prices on the prestigious street near Kensington and Holland Park at £25,188,000.
Andy Cumming, delivery director of core banking at finova, said: “We are thrilled to partner with Standard Life Home Finance as the business enters its next stage of growth and navigates a new market.”