Buy-to-let remortgage rates have seen the largest reductions.
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High living costs are impacting parents’ ability to help fund their children’s deposit, impacting three out of five (59%) first-time buyers.
Rent and mortgage spending grew 8.2% year-on-year in November, as more homeowners rolled off fixed rate mortgages onto higher interest rates.
Income Plus mortgages are available at up to 95% LTV and offer lending up to 5.5 times income.
The digital homebuying platform says it wants to become "the largest home-buying service provider in the UK".
Arrears numbers fell by 3% in Q3, more than reversing the modest increases seen in the first half of the year.
Simon has held previous roles at NatWest, Santander and Shawbrook Bank.
Three-year buy-to-let products have seen the largest reductions.
These borrowers can now use new build incentives of up to 5% towards securing a deposit on a UK new build property.
In the Q3 Remortgage Market Review, Sidney Wager, head of intermediary market development at Barclays, says the level of mortgage maturities remained a critical driver of remortgage...
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