3 years ago | 2 comments
The Daily Telegraph’s property correspondent, Melissa Lawford, is writing an article about the buy-to-let remortgage crunch and would like to talk to landlords who have recently come to the end of their fixed-rate mortgage deals, or are expecting to in the year ahead.
How much did/will your mortgage rate change?
What does this mean for your monthly payments?
What does this mean for your profit margins?
Did you have problems remortgaging/meeting your lender’s ICR requirements?
Please email Melissa to share your point of view at [email protected].
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3 years ago | 4 comments
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Member Since April 2020 - Comments: 1
8:14 PM, 13th December 2022, About 3 years ago
I have built a portfolio of buy to let properties in Glasgow since 2018, all under a company. Few of the BTL mortgages had come to end of its fixed term and was renewd to almost twice the rate. Few more of the properties mortgages are also coming to an end soon. The one sided current trends and lack of understanding by lenders make buy to let investment unattractive which is not in unison with job creation and helping economy. My mobile is 07939575092.