Quantum Mortgages cuts core rates and enhances larger loans offering
The specialist lender has aligned pricing across its two and five-year fixed rates.
Quantum Mortgages has announced a series of enhancements to its product range.
Across the lender's core range, all five-year fixed rates have reduced by 10bps, with specialist products down by 15bps.
In addition, two-year fixed rates are now priced identically to five-year fixes, simplifying choices for customers.
Across Quantum's large loans range, rates have reduced by 25bps.
The maximum LTV on single units, HMOs, and MUFBs has also increased to 75% for loans up to £5 million, providing greater flexibility for portfolio landlords and investors.
The latest changes follow Quantum announcing a 5% increase in the LTV across most of its bridging products, taking the maximum LTV to 80%.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Bank Of England
Bank of England holds interest rates as inflation risks persist
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules
Mortgage Rates
Average mortgage rates rise above 5% as market turbulence continues
