Page 2 - Green Additional Borrowing News Today

Green Additional Borrowing: TSB debuts new green mortgage offering Jo Carnegie Share Banking giant launches specific new service designed to help homeowners fund green upgrade work TSB has this week launched a new Green Additional Borrowing mortgage product service, in a move designed to encourage a wider shift towards lower carbon and more energy efficient homes by offering more competitive rates for mortgage holders who undertake green home improvements.  Under the new initiative, existing T...

Nationwide chops rates by up to 0.45% By Gary Adams 12 th January 2021 3:03 pm Nationwide has made cuts to a host of its mortgages, including within its residential, remortgages, and switcher offerings. Standout changes in the first-time buyers and house purchases category comprise the 75 per cent LTV two-year fix being cut from 1.99 per cent to 1.59 per cent, the 75 per cent LTV two-year tracker receiving the same 40 basis point reduction to bring its rate to 1.69 p...

This product is also available at 3.49% with no fee. In addition, the lender has reduced products within its remortgage range by up to 0.45%. This includes the 85% LTV 5-year fix cut by 0.45% to 2.79%, with a £999 fee, or it is available at 2.99% without a fee. Rates on Nationwide’s Existing Customers Moving Home and Further Advances range will be reduced in line with those outlined above. Furthermore the society’s 2, 3, 5 and 10-year switcher products at 60% and 75% LTV will be reduced by...