Lender competition pushing low deposit mortgage rates down
Original Article Summary
The cost of mortgages at 90% and 95% loan-to-value has fallen to its lowest point in over three years, the Moneyfacts’ UK Mortgages Trends Treasury Report has found. Typical 2-year fixed rates have a rate of 5.41%, the lowest since September 2022. Meanwhile the average 2-year fix at 90% LTV has dropped to 5.24%. Rachel […] The post Lender competition pushing low deposit mortgage rates down appeared first on PropertyWire.
PropMatch Curated Analysis
High LTV mortgage rates have fallen to 3-year lows with 95% LTV deals increasing significantly, creating opportunities for leveraged property investors. However, upcoming Budget uncertainty may impact market dynamics.
Investor Relevance
Lower rates at 90-95% LTV directly reduce financing costs for highly leveraged acquisitions, potentially improving deal viability and returns. The increased availability of high LTV products expands opportunities for investors with limited capital or seeking maximum leverage.
Original Source:
PropertyWireStay Updated
Subscribe to our weekly briefings for curated property news and insights