Starling Bank snaps up buy-to-let lender Fleet Mortgages for £50m

Starling Bank moves into mortgages: Digital challenger snaps up buy-to-let lender Fleet for £50m as part of expansion drive Starling Bank has made its first corporate acquisition, buying Fleet Mortgages  It is part of the bank’s expansion drive as it targets IPO by 2023  Starling has reassured existing Fleet customers that it won’t change the … Read more

Mortgage price war ramps up: Nationwide offers record breaking sub 1% five year fixed rate deal

Britain’s biggest building society has ramped up the mortgage price war after launching a record low sub 1 per cent five-year fixed rate deal. While rates below 1 per cent are not unusual for two year deals, Nationwide is offering this rate to those with a 40 per cent deposit remortgaging or moving, fixed until … Read more

Mortgage availability nears pre-pandemic levels amid spike in 5% deposit deals

A mortgage battle by banks and building societies means rates are falling and the number of deals available to UK borrowers is at its highest level since March 2020. There are now more than 4,500 deals on offer – just 700 fewer mortgage options than there were before the pandemic, according to data from Moneyfacts, with … Read more