blog mortgage118

Tag: Mortgage Rates

  • Roma Launches New Commercial Mortgages for Investors

    Roma Launches New Commercial Mortgages for Investors

    Roma has announced the launch of its new commercial mortgage products, now available to property investors and businesses across the UK. This move follows a significant partnership with J.P. Morgan, marking Roma’s continued expansion into long-term finance solutions.

    TL;DR: Roma’s new commercial mortgages offer funding up to £2m with rates starting at 7.1%; this is aimed at property investors and businesses in England, Scotland, and Wales.

    What are the key features of Roma’s commercial mortgages?

    The newly launched commercial mortgages provide funding of up to £2 million, catering specifically to property investors, trading businesses, and OpCo-PropCo structures. Borrowers can access loans with a loan-to-value (LTV) ratio of up to 70%, with fixed-rate options and longer-term funding solutions available. This flexibility is designed to meet the diverse needs of both investment and owner-occupied commercial property requirements.

    Who can benefit from these commercial mortgages?

    Property investors and business owners looking for funding solutions in England, Scotland, and Wales can benefit significantly from Roma’s new offerings. The competitive starting rate of 7.1% makes these mortgages an attractive option for those seeking to invest in commercial real estate or manage operational properties effectively.

    What this means for property investors and brokers

    This launch enhances the range of financing options available to property investors and brokers, allowing for a more tailored approach to securing commercial mortgages. With the ability to access these products alongside existing bridging and development finance solutions, brokers can provide a comprehensive service to their clients, facilitating smoother transactions in the commercial property market.

    Frequently asked questions

    What types of properties can be financed with Roma’s commercial mortgages?

    Roma’s commercial mortgages can finance various property types, including investment properties and owner-occupied commercial spaces, underlining their versatility for different business needs.

    How does the loan-to-value (LTV) ratio work?

    The loan-to-value (LTV) ratio indicates the amount of the loan compared to the property’s value; with Roma’s offering, borrowers can secure up to 70% of the property’s value as a loan.

  • Keystone Launches New BTL Products in the Mortgage Market

    Keystone Launches New BTL Products in the Mortgage Market

    Keystone Property Finance has introduced a new range of Buy-to-Let (BTL) products, featuring a special-edition offering for Houses in Multiple Occupation (HMO) and Multi-Unit Freehold Blocks (MUFB). This move is significant as it provides landlords with more competitive options in the current mortgage market.

    TL;DR: Keystone’s new BTL products come with a 0.15% rate reduction, starting at 3.34%; landlords can benefit from simplified fees and better pricing.

    What are the new product features in the mortgage market?

    The newly launched products are priced 0.15% lower than Keystone’s core offerings, with rates commencing at 3.34%. This reduction is aimed at making BTL investments more appealing to landlords. Additionally, Keystone has streamlined its fee structure, now offering fees of 2.5%, 5%, and 7% across its various ranges, including standard, specialist, expat, and holiday let products.

    Who benefits from these changes in the mortgage market?

    Landlords investing in HMOs and MUFBs will find these special-edition products particularly advantageous, as they cater to both small and large properties valued up to £1.5 million. This flexibility allows investors to select products that best meet their financial strategies while taking advantage of the reduced rates.

    What this means for landlords and investors

    The introduction of these products is a positive development for landlords looking to expand their portfolios or refinance existing properties. The lower rates and simplified fee structure could lead to significant savings, enhancing overall investment viability. Investors should keep an eye on how these products perform in the mortgage market and consider them as viable options for their next purchases.

    Frequently asked questions

    What types of properties do the new products cover?

    The new special-edition products cover both small and large HMOs and MUFBs, accommodating properties valued up to £1.5 million.

    How do the new fees compare to previous offerings?

    The new fee structure includes options of 2.5%, 5%, and 7%, which simplifies the previous offerings and may provide better clarity for borrowers.

  • Accord and ModaMortgages Announce Rate Cuts in Mortgage Market

    Accord and ModaMortgages Announce Rate Cuts in Mortgage Market

    Accord Mortgages and ModaMortgages have both announced significant rate cuts across their mortgage offerings, impacting both buy-to-let and residential products. These changes are designed to enhance affordability for borrowers and provide more options for brokers, particularly in a competitive mortgage market.

    TL;DR: ModaMortgages has reduced rates on its buy-to-let products; Accord Mortgages is cutting rates on residential products and lowering minimum loan sizes, effective July 6, 2026.

    What Changes Have Been Made by ModaMortgages?

    ModaMortgages has repriced its limited-edition buy-to-let range, implementing reductions across both two- and five-year fixed-rate mortgages. For five-year fixed rates at 75% loan-to-value (LTV), rates have been cut, resulting in a starting rate for standard properties. Similarly, five-year fixed rates at 80% LTV have seen a reduction for small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs).

    In the two-year fixed-rate range, rates at 75% LTV have also been reduced, starting from a specific rate for standard properties and a different rate for small HMOs and MUFBs. Notably, ModaMortgages continues to offer free valuations and no application fees across its buy-to-let range, which is available to both individual and limited company landlords up to 80% LTV.

    How Is Accord Mortgages Adjusting Its Offerings?

    Accord Mortgages is set to refresh its residential new business product range, effective from July 6, 2026. This refresh includes rate cuts on two-year fixed products and three-year fixed rates. For those seeking longer-term stability, five-year fixed-rate options will see reductions.

    Additionally, Accord is lowering the minimum loan size on selected products with LTVs up to 75%. The lender has also relaunched a range of products at 65% LTV and at 80% LTV. This move aims to make home ownership more accessible, particularly for first-time buyers.

    What This Means for the Mortgage Market

    These rate cuts from both lenders are significant for borrowers and brokers alike. For landlords, the reductions in buy-to-let rates from ModaMortgages provide an opportunity to secure more affordable financing options, potentially enhancing their investment returns. For residential borrowers, the adjustments from Accord Mortgages, particularly the lower minimum loan sizes, may facilitate access to home ownership for those with smaller deposits.

    Brokers will benefit from the increased flexibility in product offerings, enabling them to better meet the needs of their clients. The competitive rates across both lenders signal a positive trend in the mortgage market, which could encourage more activity in the housing sector. For the latest updates, check our current mortgage rates.

    Frequently Asked Questions

    What are the new rates for ModaMortgages’ buy-to-let products?

    ModaMortgages has reduced rates on its buy-to-let range, with five-year fixed rates starting for standard properties and small HMOs and MUFBs.

    When will Accord Mortgages’ new rates take effect?

    The new rates from Accord Mortgages will be effective from July 6, 2026, with cuts on various fixed-rate products and a reduction in minimum loan sizes.

  • Accord and ModaMortgages Cut Rates in the Mortgage Market

    Accord and ModaMortgages Cut Rates in the Mortgage Market

    Accord Mortgages and ModaMortgages have announced significant rate cuts across various mortgage products, impacting both buy-to-let landlords and residential borrowers. These changes reflect a competitive shift in the mortgage market, providing potential savings for new applicants and existing customers looking to remortgage.

    TL;DR: ModaMortgages has reduced rates on buy-to-let mortgages; Accord Mortgages is cutting rates on residential products, effective July 6, 2026.

    What Are the Key Changes from ModaMortgages?

    ModaMortgages has repriced its limited-edition buy-to-let range, leading to rate reductions on both two- and five-year fixed-rate mortgages. For five-year fixed rates at 75% loan-to-value (LTV), rates have decreased, now starting for standard properties. Additionally, five-year rates for 80% LTV standard products have been cut, starting for small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs).

    In the two-year range, rates at 75% LTV for standard properties and small HMOs/MUFBs have also seen a reduction, with starting rates available. Notably, ModaMortgages continues to offer free valuations and no application fees across its buy-to-let range, which is available to both individual and limited company landlords up to 80% LTV.

    How Is Accord Mortgages Adjusting Its Offerings?

    Accord Mortgages will implement rate cuts on its residential new business product range starting July 6, 2026. This includes reductions on two-year fixed-rate products and three-year options. For those seeking longer-term stability with five-year fixes, rates have been reduced as well.

    Furthermore, Accord is lowering the minimum loan size for selected products at 75% LTV, making it more accessible for borrowers. They have also relaunched products at 65% LTV and at 80% LTV with starting rates available.

    What This Means for the Mortgage Market

    The recent rate cuts from both lenders provide enhanced options for landlords and residential borrowers alike. For landlords, the reductions in buy-to-let rates, especially at 75% LTV, offer a more affordable pathway to expand their property portfolios. For residential borrowers, the lowered rates and reduced minimum loan sizes present an opportunity to secure better financing terms, particularly for first-time buyers who may have limited deposits.

    As the mortgage market continues to evolve, brokers should monitor these changes closely to better assist clients in navigating the available options. With increased flexibility and competitive rates, both landlords and borrowers can benefit from these recent adjustments.

    Frequently Asked Questions

    What types of mortgages are affected by the rate cuts?

    The rate cuts affect both buy-to-let mortgages from ModaMortgages and residential mortgages from Accord Mortgages, including two-year and five-year fixed-rate products.

    When do the new rates take effect?

    ModaMortgages’ rate cuts are effective immediately, while Accord Mortgages’ changes will take effect from 8am on July 6, 2026.

  • Keystone Launches New BTL Products in Mortgage Market

    Keystone Launches New BTL Products in Mortgage Market

    Keystone Property Finance has announced the launch of a streamlined range of buy-to-let (BTL) products, featuring special-edition House in Multiple Occupation (HMO) and Multi-Unit Freehold Block (MUFB) options. This development is significant for landlords and property investors seeking more competitive rates and simplified fee structures in the current mortgage market.

    TL;DR: Keystone’s new BTL products are priced 0.15% lower than their core offerings, with rates starting at 3.34%; landlords can benefit from reduced costs and clearer fees.

    What are the new product offerings?

    The newly launched special-edition HMO and MUFB products come with a 15-basis-point reduction compared to Keystone’s core range. Rates for these products begin at 3.34%, making them an attractive option for landlords managing both small and large HMOs valued up to £1.5 million. Additionally, Keystone has simplified its fee structure, offering options of 2.5%, 5%, and 7% across its various ranges, including standard, specialist, expat, and holiday let mortgages.

    Why is this change important for the mortgage market?

    This move by Keystone reflects a growing trend in the mortgage market towards more competitive pricing and transparency, which can help landlords and investors manage their costs more effectively. With the reduction in rates and clearer fee structures, borrowers may find it easier to navigate their financing options, potentially leading to increased investment in the rental property sector.

    What this means for landlords and property investors

    Landlords looking to expand their portfolios or refinance existing properties will find Keystone’s new offerings particularly beneficial. The lower starting rates and simplified fees can enhance cash flow and improve overall investment returns. As the market continues to evolve, landlords should keep an eye on similar product innovations that could further impact their financing strategies.

    Frequently asked questions

    What types of properties do the new products cover?

    The new special-edition products cover both small and large HMOs and MUFBs, with a maximum property value of £1.5 million.

    How do the fees compare to other lenders?

    Keystone’s fees are structured at 2.5%, 5%, and 7%, which may be competitive depending on the specific lender and product offerings in the current mortgage market.

  • Accord and ModaMortgages Cut Rates on Buy-to-Let Mortgages

    Accord and ModaMortgages Cut Rates on Buy-to-Let Mortgages

    Accord Mortgages and ModaMortgages have announced significant rate cuts in their buy-to-let mortgage offerings, impacting landlords and brokers across the UK. These adjustments come as lenders seek to enhance their competitive edge in a dynamic market, providing more attractive options for property investors.

    TL;DR: ModaMortgages has reduced rates on its buy-to-let products; Accord Mortgages is also cutting rates and minimum loan sizes, benefiting landlords and brokers alike.

    What Changes Have Accord and ModaMortgages Made to Buy-to-Let Mortgages?

    ModaMortgages has revised its limited-edition buy-to-let mortgage range, implementing rate reductions on both two- and five-year fixed-rate products. For five-year fixed rates at 75% loan-to-value (LTV), rates have been lowered, now starting for standard properties. Similarly, five-year rates for 80% LTV standard products have seen a reduction, starting for small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs).

    In the two-year fixed-rate range, rates at 75% LTV have also decreased, with starting rates for standard properties and small HMOs and MUFBs. Notably, ModaMortgages continues to offer free valuations and no application fees on its limited-edition buy-to-let products, catering to both individual and limited company landlords.

    How Are Accord Mortgages Adjusting Their Buy-to-Let Offerings?

    Effective from a specified time, Accord Mortgages will implement rate cuts on its residential new business product range. The two-year fixed rates will see reductions, while three-year fixed rates will also be cut. For those seeking long-term stability, five-year fixed-rate options will have reductions.

    Additionally, Accord is lowering the minimum loan size for selected products up to 75% LTV, making it more accessible for borrowers. The lender has also relaunched products at different LTVs starting from various rates.

    What This Means for Landlords and Brokers in Buy-to-Let Mortgages

    The recent rate cuts by ModaMortgages and Accord Mortgages present new opportunities for landlords and brokers. With more competitive rates and lower minimum loan sizes, brokers can offer clients a wider range of options tailored to their financial situations. Landlords looking to invest in buy-to-let properties will find these adjustments particularly beneficial, as they enhance affordability and potential returns on investment.

    Frequently Asked Questions

    What are the new rates for buy-to-let mortgages?

    ModaMortgages has reduced rates for five-year fixed products for standard properties and small HMOs and MUFBs. Accord Mortgages has also cut rates on its residential range, with two-year fixes reduced.

    How do these changes affect minimum loan sizes?

    Accord Mortgages has lowered the minimum loan size for selected products, making it easier for borrowers to access finance for their buy-to-let investments.

  • Accord and ModaMortgages Cut Buy-to-Let Mortgage Rates

    Accord and ModaMortgages Cut Buy-to-Let Mortgage Rates

    Accord Mortgages and ModaMortgages have announced significant reductions in their buy-to-let mortgage rates, enhancing options for landlords and brokers. These changes come as part of a broader effort to provide more competitive products in a challenging market.

    TL;DR: ModaMortgages has cut rates on its buy-to-let range; Accord Mortgages will also reduce rates on residential products, effective July 6, 2026.

    What Changes Did ModaMortgages Make to Buy-to-Let Mortgages?

    ModaMortgages has adjusted its limited-edition buy-to-let mortgage range, implementing rate cuts across both two- and five-year fixed-rate products. For five-year fixed mortgages at 75% loan-to-value (LTV), rates have been reduced, now starting for standard properties. Similarly, five-year products at 80% LTV have seen a reduction, with rates beginning for small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs).

    In the two-year fixed-rate category, rates at 75% LTV have also decreased, starting for standard properties and for small HMOs and MUFBs. Notably, ModaMortgages continues to offer free valuations and no application fees on these products, catering to both individual and limited company landlords.

    How Is Accord Mortgages Responding to Buy-to-Let Market Changes?

    Accord Mortgages is set to refresh its residential new business product range, effective from July 6, 2026. This update includes reductions on two-year fixed rates and three-year rates. For borrowers seeking longer-term stability, five-year fixed options will feature reductions.

    Additionally, Accord is lowering the minimum loan size for selected products at 75% LTV, making it easier for more borrowers to access financing. The lender has also relaunched products at 65% LTV and at 80% LTV.

    What This Means for Landlords and Brokers in Buy-to-Let Mortgages

    The recent rate cuts from both lenders are likely to enhance the attractiveness of buy-to-let mortgages, providing landlords with more competitive financing options. For brokers, these changes offer increased flexibility in placing cases for clients, particularly with the reduced rates and continued absence of application fees from ModaMortgages.

    These adjustments may encourage more landlords to consider expanding their portfolios or refinancing existing properties, especially as the market adapts to evolving economic conditions. Brokers should stay informed about these changes to better assist their clients in navigating the mortgage market.

    Frequently Asked Questions

    What are the new rates for buy-to-let mortgages?

    ModaMortgages now offers five-year fixed rates starting for standard properties and for small HMOs and MUFBs, while Accord Mortgages is reducing rates on various products effective July 6, 2026.

    How do these changes affect landlords?

    The rate cuts provide landlords with more affordable financing options, making it easier to invest in or refinance properties, which could lead to increased activity in the buy-to-let market.

  • Keystone Launches Streamlined BTL Products in Mortgage Market

    Keystone Launches Streamlined BTL Products in Mortgage Market

    Keystone Property Finance has announced the launch of its new special-edition House in Multiple Occupation (HMO) and Multi-Unit Freehold Block (MUFB) products, aimed at simplifying the buy-to-let (BTL) mortgage market for landlords. This new range offers a competitive pricing structure, making it an attractive option for both new and existing property investors.

    TL;DR: Keystone’s new HMO and MUFB products are priced lower than their core offerings; this change benefits landlords and property investors looking for cost-effective financing options.

    What are the key features of the new products?

    The newly introduced HMO and MUFB products come with a reduction compared to Keystone’s core range. This reduction is significant for landlords managing small and large HMOs. Additionally, Keystone has streamlined its fee structure, offering clear options across its various mortgage ranges, including standard, specialist, expat, and holiday let categories.

    How does this impact the mortgage market for landlords?

    The introduction of these competitively priced products is expected to enhance competition within the buy-to-let mortgage market. Landlords can benefit from lower borrowing costs, which can improve their overall investment returns. This move may also encourage more landlords to consider expanding their portfolios, particularly in the HMO and MUFB sectors, which have seen increased demand due to the ongoing housing shortage.

    What this means for property investors

    For property investors, the launch of Keystone’s special-edition products represents an opportunity to access more affordable financing options. With rates starting lower than previous offerings, investors can potentially increase their cash flow and profitability. As the market adapts to these changes, it will be essential for investors to stay informed about evolving mortgage options and market trends. For more information, check out our current mortgage rates.

    Frequently asked questions

    What types of properties are eligible for Keystone’s new products?

    The new special-edition products are designed for House in Multiple Occupation (HMO) and Multi-Unit Freehold Block (MUFB) properties, accommodating both small and large HMOs.

    How do the fees compare across Keystone’s mortgage ranges?

    Keystone’s simplified fee structure includes options applicable across its standard, specialist, expat, and holiday let mortgage ranges, providing clarity for borrowers.

  • Accord and ModaMortgages Cut Buy-to-Let Rates

    Accord and ModaMortgages Cut Buy-to-Let Rates

    Accord Mortgages and ModaMortgages have announced significant reductions in their buy-to-let mortgage rates, impacting landlords and brokers alike. These adjustments come as part of a broader strategy to enhance product offerings and provide more competitive options for investors in the property market.

    TL;DR: ModaMortgages has cut rates on its buy-to-let products; Accord will reduce rates on residential mortgages and lower minimum loan sizes, effective July 6.

    What Changes Have Been Made to Buy-to-Let Mortgages?

    ModaMortgages has repriced its limited-edition buy-to-let range, implementing reductions on both two- and five-year fixed-rate mortgages. For five-year fixed rates at 75% loan-to-value (LTV), rates have decreased, now starting for standard properties and small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs). Similarly, the two-year fixed rates at 75% LTV have seen a reduction, with rates beginning for standard properties and small HMOs and MUFBs.

    How Will Accord Mortgages’ Changes Affect Borrowers?

    Starting July 6, 2026, Accord Mortgages will refresh its residential product range, cutting rates on two-year fixed mortgages and three-year rates. For those seeking longer-term stability, five-year fixed options will see reductions. Additionally, Accord is lowering the minimum loan size for selected products up to 75% LTV, making it easier for borrowers to access financing.

    What This Means for Landlords and Brokers

    These rate cuts provide landlords with more affordable financing options, particularly for those investing in buy-to-let properties. The reductions at 75% LTV by ModaMortgages enhance flexibility for brokers, allowing them to better serve their clients. The changes by Accord also open doors for new borrowers, especially those with smaller deposits, thanks to the relaunch of products at 65% and 80% LTV. Overall, these adjustments signal a more competitive lending environment, which could lead to increased activity in the buy-to-let market.

    Frequently Asked Questions

    What are the new rates for ModaMortgages’ buy-to-let products?

    ModaMortgages now offers five-year fixed rates for standard properties and small HMOs and MUFBs, with two-year fixed rates available as well.

    How do Accord’s changes impact minimum loan sizes?

    Accord Mortgages has reduced the minimum loan size for selected products, making it more accessible for borrowers looking to secure financing.

  • Accord and ModaMortgages Cut Rates in Mortgage Market

    Accord and ModaMortgages Cut Rates in Mortgage Market

    Accord Mortgages and ModaMortgages have announced significant rate cuts across their product ranges, impacting both buy-to-let and residential borrowers. These reductions offer new opportunities for landlords and homebuyers, enhancing affordability in a competitive mortgage market.

    TL;DR: ModaMortgages has reduced rates on its buy-to-let range; Accord Mortgages is cutting rates on residential products and lowering minimum loan sizes, effective July 6, 2026.

    What Changes Has ModaMortgages Made in the Mortgage Market?

    ModaMortgages has repriced its limited-edition buy-to-let offerings, implementing reductions on both two- and five-year fixed-rate mortgages. The five-year fixed rates at 75% loan-to-value (LTV) have been lowered, now starting for standard properties. For small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs), rates have also been adjusted.

    In the two-year fixed-rate range, rates at 75% LTV have also seen a reduction for both standard properties and small HMOs and MUFBs. Importantly, ModaMortgages continues to offer free valuations and no application fees for these limited-edition buy-to-let products, catering to individual and limited company landlords up to 80% LTV.

    How Is Accord Mortgages Responding in the Mortgage Market?

    Accord Mortgages is set to refresh its residential new business product range, effective from July 6, 2026. This includes rate reductions on two-year fixed products and three-year rates. For those opting for longer-term stability with five-year fixes, rates will also be reduced.

    Additionally, Accord is lowering the minimum loan size for selected products at 75% LTV, making it more accessible for borrowers. The lender has also relaunched products at 65% LTV and at 80% LTV, providing more options for homebuyers. This move is particularly beneficial for first-time buyers and those with smaller deposits.

    What This Means for Landlords and Borrowers

    The recent rate cuts from both lenders present a significant opportunity for landlords and homebuyers. For landlords, the reductions in buy-to-let rates from ModaMortgages enhance the potential for better cash flow and investment returns. The flexibility offered by the lower rates at 75% LTV allows brokers to find more suitable products for their clients.

    For residential borrowers, Accord’s changes mean more competitive options are available, particularly for those with smaller deposits. The reduced minimum loan sizes could encourage more first-time buyers to enter the market, which may stimulate demand in the housing sector.

    Frequently Asked Questions

    What are the new rates for buy-to-let mortgages?

    ModaMortgages has reduced rates for five-year fixed buy-to-let mortgages for standard properties and small HMOs and MUFBs.

    When do the changes by Accord Mortgages take effect?

    The rate cuts and changes to minimum loan sizes at Accord Mortgages will be effective from July 6, 2026.