Sainsbury’s Bank has updated its residential and BTL mortgage ranges.
Changes in the two-year fixed rate residential purchase range:
- 90% LTV reduced to 1.89% with £995 fee and £500 cashback
- 90% LTV reduced to 2.24% with no product fee and £500 cashback
Changes in the two-year fixed rate residential remortgage range:
- 60% LTV reduced to 1.49% with a £995 fee and fee-assisted legals or £500 cashback
- 75% LTV reduced to 1.49% with a £995 fee and fee-assisted legals or £500 cashback
Changes in the five-year fixed rate residential purchase range:
- 90% LTV increased to 2.36% with a £995 product fee and £500 cashback
- 90% LTV increased to 2.50% with no product fee and £500 cashback
Changes in the five-year fixed rate residential remortgage range:
- 60% LTV increased to 1.94% with a £995 product fee and fee-assisted legals or £500 cashback
- 75% LTV increased to 2.19% with no product fee and fee-assisted legals or £500 cashback
All BTL end dates have been rolled forward to 31st October 2021 for two-year products and 31st October 2024 for five-year products.
Residential products end dates remain unchanged.
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Tide names new chief technology officer
Tide has recruited Guy Duncan (pictured above) to its executive team as its new chief technology officer...
OakNorth Bank lends £650,000 to Casa Italia
OakNorth Bank has provided a £650,000 loan to Liverpool-based, 160-cover independent Italian restaurant Casa Italia...
First year of home ownership can bring with it unanticipated ‘financial challenges’
Aldermore’s First-Time Buyer Index has highlighted the importance of understanding the extra costs of owning your first home...
Starling Bank releases its first TV advertising campaign
Starling Bank has launched its first TV advertising campaign called Feel Good About Money...
Metro Bank enhances business banking offering via three new partnerships
Metro Bank has enhanced its business banking offering via three new fintech and SME partnerships...
An interview with Jacqueline Morcombe: Building diverse teams leads to ‘more innovative ideas and better business outcomes’
Jacqueline Morcombe, area vice-president of international sales enablement at nCino, discusses diversity in the banking industry, how to efficiently process commercial loans and transparency in the sector...
Paragon launches BTL intermediary portal
Paragon has announced that it has launched a new intermediary portal...
Creative England and Triodos Bank launch £24m fund for creative SMEs
Creative England and Triodos Bank UK have launched a £24m fund to provide finance to creative UK businesses...
The Nottingham boosts lifetime Isa rate for first-time buyers and retirement savers
Nottingham Building Society has increased its lifetime Isa rate from 1% AER/tax free (variable) to 1.25%, which represents a boost for first-time buyers and those saving for retirement...
A guide to how sharia-compliant mortgages work
In December 2018, we launched an alternative to traditional home loans, a home purchasing plan (HPP) for buyers in the UK, abroad and expats...
PMS and Sesame welcome Axis Bank UK to specialist lender panels
PMS Mortgage Club and Sesame Network, part of Sesame Bankhall Group, have added Axis Bank UK to their specialist lending panels...