Affected products include remortgage, Fix and Switch, Retrofit Boost and product transfers.
Related topic: Remortgage
Compared to 12 months ago, remortgage searches are 3.16% higher and first-time buyer searches rose by 9.99%.
The remortgage service makes use of PEXA’s technology, with Optima Legal providing borrowers with an online case tracking portal.
Residential and buy-to-let product rates have reduced by up to 0.41%.
Remortgage, buy-to-let and product transfer rates are among those affected.
PEXA introduced the first digital property exchange process.
Mark Tosetti, CEO of Broker Conveyancing, explores why Consumer Duty might be most relevant to advisers with remortgaging clients, who could be in a very different position and facing...
The lender has reduced residential and buy-to-let rates by up to 0.29%.
HSBC is also introducing a new high value mortgage range from £2 million.
The Bank has reduced residential mortgage rates by up to 0.50%.
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