One of the leading buy to let industry lenders, BM Solutions, has released two new Remortgage only buy to let products that must complete on the draw down of funds by 30/06/2011. Continue reading BM Solutions – Buy to Let News Flash
One of the leading buy to let industry lenders, BM Solutions, has released two new Remortgage only buy to let products that must complete on the draw down of funds by 30/06/2011. Continue reading BM Solutions – Buy to Let News Flash
Buy to let lenders say they are ready to open the floodgates to property investors looking to expand their portfolios rather than lend to first time buyers.
Mortgage lenders see less risk and more profits in buy to let because landlords borrow less to buy the same home as other buyers and investment mortgage interest rates are generally higher.
For landlords looking for more property, here’s a round up of some of the best buy to let interest rates and deals for the Spring Bank Holiday weekend: Continue reading Spring Bank Holiday best buy to let mortgage deals guide
The buy to let mortgage lender battle for the hearts and minds of landlords has stepped up another gear as BM Solutions cut rates on some deals.
The lead up to Easter has seen most of the big players jockey for position in the buy to let market with rate cuts, slashed fees, plus free valuation and legal fee bundles. Continue reading BM Solutions play trump card as buy to let mortgage rate deals hot up
Buy to let lenders keen to attract new landlords have released several broker-only products with some keen incentives.
Although most industry experts have predicted availability of funds will remain tight for several months, some lenders want to broaden their market share by extending borrowing to buy to let investors. Continue reading Buy to let mortgage lenders slash rates
At last some truths about mortgage lending are starting to emerge from the smoke and mirrors propaganda billowing out from the Council of Mortgage Lenders – the cosy club that represents all of the UK’s big banks and building societies.
Mortgage lending has hit rock bottom with the lowest figures for almost a decade, according to the latest data from the CML. Continue reading CML admits mortgage lending has sunk to a 10 year low
So few lenders are actually handing over cash to borrowers that the Council of Mortgage Lenders has had trouble finding enough firms to fill the slots in a top 30 lender’s table. Continue reading How many lenders are really open for buy to let business?
Experienced landlords are still expanding their buy to let portfolios and accounted for nearly 10% of all mortgage broker business in the three months ending September 30.
Soaring numbers of enquiries from tenants and a lack of properties to rent are driving demand that is giving investors’ confidence to buy more homes. Continue reading Professional landlords snap up more homes to let. Buy to let accounted for nearly 10% of all mortgage broker business in the three months ending September 30
Buy to let mortgage rates are steadily falling while the number of lenders is increasing.
BM Solutions is the latest lender to cut buy to let mortgage rates – by between 0.31% and 0.45% on a range of loans.
The intermediary-only lender has trimmed rates to bring products in line with those offered by other lenders. Continue reading Falling rates boost buy to let mortgages.
The buy to let mortgage market is in a state of flux as key lenders have changed their criteria over recent weeks.
This weekend, Lloyds Bank effectively shut up shop to portfolio landlords with more than three properties.
From close of business Friday (September 24), the bank reshuffled buy to let mortgage products and lending criteria for wholly owned brands Cheltenham & Gloucester (C&G) and BM Solutions. Continue reading Buy to let lending restrictions hamper landlord borrowing. However, quality funding lines are well and truly open to landlords with substantial cash or equity reserves. Learn how to find out who’s lending but not advertising the fact
