Related topic: Remortgage

The trade body predicts a 10% rise in external remortgaging and 2% rise in product transfers.

Rates have reduced by up to 0.11%.

Roland McCormack, MD of intermediaries at Barclays, takes a look back at the remortgage market's performance in Q3 and says the sector appears well-positioned for a steady and...

Forward‑looking data suggests growth continued into October before flattening in November. 

Remortgage rates have seen the largest reductions.

The lender has launched a sub-4% remortgage rate at 75% LTV.

In H1, landlords who remortgaged buy-to-let properties withdrew £1.94 billion to fund portfolio expansion.

The West Brom is also making reductions to its shared ownership purchase range.

The change expands the lender’s criteria to meet a wider range of borrowing scenarios.

The sheer volume of loans maturing has tilted the market towards refinancing, however the purchase market remains strong, Stonebridge says.