Buy to Let Mortgages

GE Money slashes buy to let rates by up to 0.45%

GE Money Home Lending is to cut rates on some of its key buy to let mortgage products through its First National and First National Direct 2U brands as part of a revamp of its BTL product portfolio.

Alliance & Leicester launches new buy to let mortgages

Alliance & Leicester is launching a new range of residential and Buy to Let products, which will be available via brokers, branches and Mortgage Direct from Friday 11 April 2008.

The Mortgage Works voted best fixed rate buy to let provider

The Mortgage Works has been voted best fixed rate buy to let provider at this year's Business Moneyfacts awards, held last week in London.

Newcastle Building Society: CML buy to let figures

Steven Marks, Lending and Operations Executive at Newcastle Building Society, comments on the CML figures: “The CML figures for the second half of 2007 reinforce the point that the buy to let market continues to be a core part of the overall UK mortgage market, with buy to let making up 10% of the total number of mortgages outstanding.

Buy to let fixed rate mortgages cut at UCB Home Loans

UCB Home Loans has reduced rates across its range of rental cover buy to let products.

Platform funds exclusive buy to let for London & Country

Platform, the intermediary lender of Britannia is delighted to announce the launch of a new exclusive Buy to Let three year fixed rate for London & Country.

Woolwich enhances buy to let lending policy

Woolwich has announced that it is enhancing its BTL lending policy to provide a simplified and more competitive approach to rental calculation in the BTL market.

Paragon rejects IOD’s call to end mortgage interest tax relief on buy-to-let

In response to the Institute of Director's report on the tax status of buy-to-let investors, Nigel Terrington, chief executive of the Paragon Group, said: “The IOD misses the point that buy-to-let is a business activity in exactly the same the way as investment in commercial property.

Credit crunch starting to bite the buy to let sector

Julia Harris, Mortgage Expert at Moneyfacts.co.uk, comments: “While the prime residential sector has so far been largely unaffected by the sub prime crisis, the buy-to-let sector is beginning to show signs reminiscent of the subprime market over the last few weeks with tightening credit criteria, the withdrawal of products and rising fees.

Buy to let lenders scrap rent to interest cover for mortgages

Buy to let mortgage lenders are beginning to make significant changes to their lending criteria by scrapping the rent to interest cover calculation when the investor is prepared to put down a larger deposit according to Mortgages for Business, specialist UK buy to let mortgage broker.

Off set your offspring's student loan with a student home

The average student runs up debts of nearly £14,000 during their three years at university which can take up to 11 years to clear. This debt not only hinders their financial start in life but also impacts their ability to get on to the property ladder.

Student buy-to-let – worth a look?

Lee Tillcock, Head of Business Moneyfacts at Moneyfacts.co.uk, comments: “The cost of university education is rising year on year, and is becoming a real concern for both students and parents. One of the biggest costs is living accommodation, but one solution, which parents could opt for, is to invest in a buy-to-let property for their child.