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Keystone slashes discounted B2L rates by 0.3%

Keystone Buy to Let Mortgages has reduced all of its three-year discounted products by 0.3 per cent, with rates now starting at 4.98 per cent.

The reduction in rates is due to Aldermore Bank resetting its Libor down from 1.05 per cent to 0.75 per cent. Keystone Buy to Let Mortgages is a range of specialist residential investment mortgages provided exclusively by Aldermore Bank, solely offered by Mortgages for Business.

Mortgages for Business managing director David Whittaker says: “We are always keen to meet the needs of our customers and we believe this reduction offers a genuine choice to investors and landlords looking for alternatives to fixed rates. In particular, applications from limited companies are higher than expected, possibly because we accept trading companies as well as SPVs.”



Halifax Intermediaries offers borrowers £500 towards moving costs

Halifax Intermediaries is offering borrowers taking out selected NewBuy, new build and shared equity products £500 towards the cost of moving home on completion of a property purchase. The offer is available across all of the lender’s homebuyers two-year fixed affordable housing range and a number of semi-exclusive new build and NewBuy products between 31 […]

Time to reinvent the business model

With so much change, a new world full of regulation and the effects of the RDR looming, the nice to have offering with a full range of services is suddenly being challenged. Many brokers are yet again examining their business models and re-assessing their areas of specialism.


Vertex poaches Mark Webster from HML

Financial services outsourcer Vertex Financial Services has appointed HML head of business development Mark Webster as its director of business development. Webster was at HML for 16 years. His role at Vertex will be to support sales director Adam Oldfield and grow the firm’s portfolio, which includes ING, Virgin, BM Solutions, Tesco and JP Morgan. […]


Mortgage fees jump over 70% in four years

The average mortgage fee has shot up 70.3 per cent in the past four years, according to research from The data firm recorded an average fee of £899 a year before base rate fell to 0.5 per cent, in March 2009, to its current level of £1,514. The average two-year fixed fee is £1,595 […]


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