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Skipton Building Society is introducing rate reductions from Wednesday 1st May while Lendlnvest is launching a streamlined product transfer process with no legals. The Skipton reductions will affect a number of its fixed and tracker rate products, including selected residential two-year fixes and its Track Record
The transfer method can vary widely depending on the product and process being performed. We’ll review the five main transfer options available, discuss their pros and cons, and show which application they are best suited for.
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With more lenders cutting rates, mortgage broker Ranald Mitchell, of Charwin Private Clients, said the “unprecedented rate war is well underway” noting that “seismic moves” were to be expected in the coming months