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:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC
