BM Solution Increases Price by 24bps, Halifax Lowers Selected Fixes – Staking Strategy

BM Solutions reduces the ratio by up to 0.24% in selected Buy (BTL) and Let-To-Buy products.
The fee for a loan-to-value (LTV) fixed at 1% has been reduced from 4.43% to 4.19%.
In the same range, the green five-year fixed on 50% LTV, with a 1% fee, reducing 0.24% to 3.99%.
The minimum loan for both products is £150,000 and the maximum loan is £20 million.
Additionally, the five-year fixed LTV at 65% cost £1,499 has been reduced by 0.20% to 4.26%. This can range from £25,000 to £1 million.
Lenders also lowered interest rates on their BTL purchase fixes. The two-year fixed 3% fee for 65% LTV has been reduced by 0.09% to 2.99%, while the same product (75% LTV) also dropped 0.09% to 2.89%.
Elsewhere, Halifax agency has renovated its home promoters, first-time buyers and cash-out products.
Lenders cut selected fixed-rate cashing products by up to 0.18%.
Additionally, a 0.07% reduction in selected fixed-price products across the range of home promoters and first-time buyers.
Last week, both BM Solutions and Halifax intermediaries lowered rates.