Buy to Let Mortgages
Buy-to-let remortgage business falls again
The proportion of buy-to-let remortgage business being handled by brokers fell to its lowest level for five years during the first quarter of 2010, research from Paragon Mortgages has revealed.
Two-thirds of private renters ‘unlikely to buy in next five years’
Nearly two-thirds of people living in privately rented accommodation believe they are unlikely to buy their own home in the next five years, according to new research from Kensington.
Buy-to-let begins the fight back
The buy-to-let (BTL) sector was one of the biggest casualties of the credit crisis. At its lowest point (September 2009) 95% of all deals available at the peak of the market (August 2007) were withdrawn.
Kensington launches into buy to let mortgages
Kensington has launched into buy to let, with products that provide new opportunity for existing landlords to expand their portfolio.
Leeds launches new fixed rate, fixed fee buy to let mortgage
Leeds Building Society has launched a highly competitive 2-year fixed rate buy to let mortgage available from only 5.29%.
Buy-to-let activity settles after stamp duty holiday
Buy-to-let activity in the first three months of this year settled back to former levels, following a modest upturn in house purchase by investors at the end of last year triggered by the stamp duty holiday, according to data published by the Council of Mortgage Lenders (CML).
The Mortgage Works increases buy to let LTV to 80%
The Mortgage Works has increased the loan to value of its core Buy to Let mortgages, where customers now have access to mortgages up to 80% LTV.
Godiva reduces rate on Buy to Let fixed deal
Godiva Mortgages have today cut the pay rate on their 2 year Fixed rate Buy to Let mortgage from 4.74% to 4.59% - a reduction of 0.15%.
Godiva reduces Buy to Let base rate tracker by 0.50%
Godiva Mortgages have reduced the pay rate on their 2 year Buy to Let base rate tracker by 0.50%. Previously this product was available at +3.85% above base for two years, and has now been slashed to +3.35%.
Godiva launches new Buy to Let range
Godiva Mortgages is launching a new range of Buy to Let products including a 3 year fixed rate at 5.35%. This is the only BTL fixed deal without early repayment charges currently available on the market.
Bespoke buy-to-let mortgage offering from ARLA
Today sees the launch of ARLA Mortgages - a free online comparison site designed for member agents to host specifically for landlords and the buy-to-let market.
Mortgage brokers predict business increase
Financial advisers expect mortgage business levels to increase in the first quarter of 2010 compared to the final quarter of last year, Paragon Mortgages' Financial Adviser Confidence Tracker (FACT) Index has revealed.
The Mortgage Works launch new range of products
The Mortgage Works has launched a new range of mortgages, including Buy to Let products for Limited Companies, Houses in Multiple Occupation (HMO) and a range of Buy to Let tracker mortgages which allow customers to switch onto a fixed rate at any time without incurring Early Repayment Charges.
CML urges Treasury not to regulate buy-to-let
The Council of Mortgage Lenders has today responded formally to the Treasury's consultation on whether to extend the scope of mortgage regulation.
Buy to let regulation would fail, say BSA
Plans to regulate buy to let mortgages could see the Government's objectives to increase investment in the UK private rental sector fail.