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The Mortgage View is brought to you by Easyswitch Mortgages, Independent Mortgage Brokers based in the UK.

Please call us on 08000 124337 for more details of anything you see on our blog.

Wednesday, 22 February 2012

More Accord Product Withdrawals


The following 14 products will be withdrawn at 8pm on Wednesday 22 February.


The products being withdrawn are not being replaced.  There are no further withdrawals planned at this time.



  • All 75% Tracker Rates
  • All 5r Hybrid Products
  • All 85% Tracker Rates
  • Both 90% 5 Yr Fixed Rates



For the list of available mortgage options please go to www.easyswitchmortgages.co.uk/accord or call us on 08000 124337
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Natwest Withdrawing their Mortgage Range


The following NatWest Corporate Range products are being withdrawn with immediate effect


5.69% 2 Year 90% Purchase Fixed
  • Fixed until 31/03/2014
  • £999 arrangement fee
3.69% 2 Year 75% Remortgage Tracker
  • BBR + 3.19% until 31/03/2014
  • £999 arrangement fee
  • Free legal & valuation for remortgages
3.69% 2 Year 85% Remortgage Tracker
  • BBR + 3.19% until 31/03/2014
  • £999 arrangement fee
  • Free legal & valuation for remortgages

In the main all mortgage rates are either not being replaced, or replacement products will be higher rates.

New rates will be launched on the 23rd February - please call us on 08456 800898 for more details of these changes, or go to www.easyswitchmortgages.co.uk/natwest 
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The Mortgage Works Product Changes


With effect from tomorrow Thursday 23 February, we'll be making changes to our Buy to Let and Guarantor ranges. 
  • BTL 2 year fixed at 4.49%, up to 75% LTV with a 3.50% fee
  • Selected BTL 2 year tracker rates increased by 0.15%
  • BTL 2 year tracker at 3.99%, up to 65% LTV withdrawn
  • Selected Guarantor products reduced by 0.05%
  • All end dates extended
For details of other Buy to Let Mortgage options please visit www.easyswitchmortgages.co.uk/mortgage-rates for the whole UK Mortgage Market
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BM Solutions to cut BTL rates by up to 0.20%

BM Solutions will be relaunching its new business range tomorrow with reductions of 0.20% on all buy-to-let products.


The changes, which apply to all fixed and tracker deals at all LTV levels, follow reductions of up to 0.30% on selected products on 8 February.

As part of the product launch BM Solutions is also introducing some new fixed products at 75% LTV with two product fee options at £995 and 0.50%.

Following the changes, BM Solutions will offer options at four different fee points in the two-year fixed market at 75%.
The lender has also retained a set of products for customers who use the BM Conveyancing service. These products are priced at 0.15% below the core range.

Changes include:

  • A two-year fix at 5.49% with a 0.50% product fee, available up to 75% LTV and exclusive when taking out BM Conveyancing.
  • A three-year fix at 5.10% with a 2% product fee, available up to 75% LTV and £790 cashback.
  • A five-year fix at 5.04% with a 3% product fee and available up to 75% LTV.


Phil Rickards, head of sales at BM Solutions said: "This is our second round of price reductions in as many weeks. By launching some new deals and reducing all rates in the current range, we're really shaking up competition in the buy-to-let market."

Check BM Solutions latest rates by visiting our website - www.easyswitchmortgages.co.uk/bmsolutions or give us a call on 08000 124337
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Last minute rush to beat stamp duty


The amount lent in mortgages has leapt 10 per cent in the past year as first-time buyers race to seal deals before the stamp duty amnesty ends. Year-on-year figures rose for the sixth month in a row after banks and building societies lent £10.5billion in January, said the Council of Mortgage Lenders (CML). Although seasonal factors meant the figure was 14 per cent weaker than in December, the CML said the performance was in line with improved sentiment in the housing market. The industry body believes the March 24 deadline for the end of the stamp-duty free period for first-time buyers on properties under £250,000 has boosted activity.

Source - Daily Mail 21/2/2012
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