Leeds BS and Newcastle for Intermediaries lower rates

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Leeds Building Society has made rate cuts of up to 0.35% across new lending, existing customer and additional borrowing ranges.

For new customers, interest only part and part fixed rates have been reduced by 0.35%.

In addition, selected residential and interest only fixed rates for existing borrowers will be lowered by 0.20% and 0.30% respectively.

For those looking for additional borrowing products, Leeds has cut the prices on selected residential fixed rates by as much as 0.20%.

Green residential fixed rates have also been trimmed by up to 0.10%.

Elsewhere, Newcastle for Intermediaries has reduced rates on its Enhanced+ range.

Rates have been lowered by up to 0.20% to support those who need a bespoke underwriting service and require higher loan to income multiples.

Enhanced+ allows people to access up to 6 times their income on loans from £450,000 to £3.5 million.

Earlier today, Afin Bank announce an increase to its maximum LTV for its Prime and Professional mortgages and cuts to its existing interest rates by up to 100 basis points across both ranges.


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