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HSBC offers 0.99% deal amid falling rates
HSBC cut rates on its entire range of mortgages to 0.20%, leading to an offer of less than 1%. The discount applies to over 20 mortgage products on all LTVs, including the bank’s 95% LTV mortgage guarantee program rates. Following the update, the two-year 60% LTV fix, with a fee of £ 999, now comes …
Kensington Completes £ 750million Green Bond Securitization
Kensington Mortgages has finalized a green bond securitization worth £ 750million, which the specialist lender says will help ‘get borrowers to buy energy efficient properties or renovate existing buildings’ . It says the deal is a lender’s first green bond in the UK asset-backed securities market, making the company the third issuer in Europe to …
Feature: Lockdown savings only help a few
Image Credit: Shutterstock The pandemic has led to a savings boom, but many mortgage experts suggest that because the wealthiest households are the main beneficiaries, it is unlikely to help many more first-time buyers access finance. real estate scale. Numerous studies have shown that households have set aside over £ 100bn in excess deposits as …
LMS Adds Darlington Building Society to Panel
Transfer panel supplier LMS has struck a deal with the Darlington Building Society that will see the mutual join its panel. The construction company becomes the 29th lender on its LMS Panel Link service. LMS says it offers “a fully vetted secure panel that meets exact company requirements.” He adds that the panel “also provides …