Tag Archives: buy to let
Landlords have high hopes for BTL market in 2013
The majority of property investors remain positive about the outlook for the private rental sector in 2013, according to the latest Landlord Survey conducted by specialist lender, CHL Mortgages. Nearly 71% of landlords are upbeat about the sector’s prospects …
Limited period rate reduction on residential and buy-to-let mortgages
British challenger bank Aldermore is cutting its mortgage rates on the following products for a limited period: Residential term variable rate – now 3.98% to 80% LTV, down from 4.28% Buy-to-let 2 year fixed rate – now 4.98% to …
CHL buy-to-let arrear levels continue to fall
Specialist lender, CHL Mortgages, has today (12th November 2012) revealed a continuing fall in arrear levels for its buy-to-let mortgage book. As at the end of October 2012, out of 42,000 live mortgage accounts, only 572 (1.36%) were in three-month …
Buy-to-let continued to grow in third quarter
The value of buy-to-let mortgages taken out in the third quarter of 2012 totalled £4.2 billion, an increase of 8% over the £3.9 billion advanced in the preceding three months, according to data published today by the Council of Mortgage Lenders. The number …
Posted in Mortgages
Tagged buy to let, CML, Dragonfly Property Finance, Jonathan Samuels, Paul Smee
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Keystone Buy to Let Mortgages reduces its five year fixed rates by 0.55%
Keystone Buy to Let Mortgages has reduced its five year fixed rates by 0.55%, now starting at 5.48% up to 75% LTV, to reflect the lower, longer term cost of funds in the market. Five year fixed rates for …
Manchester Building Society launches 25-year buy to let mortgage
Manchester Building Society is looking to shake up the mortgage market by launching what it claims is the UK’s first 25-year fixed-rate mortgage for buy to let investors. The lender has launched two buy to let long-term fixed rate …
Posted in Mortgages
Tagged buy to let, Chris Mitton, David Cowie, Manchester Building Society, MBS
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New specialist mortgage finance directory goes live
The first ever financial directory of its kind has been launched online in the UK to help specialist mortgage finance introducers find the best deal for their clients. Online directory www.mortgageloandirectory.co.uk is aimed at IFAs, mortgage brokers and lenders that are …
Buy-to-let lending increased in the second quarter
Buy-to-let lending increased by 5% in the second quarter of 2012, according to data published today by the Council of Mortgage Lenders. In the three months to June, lenders advanced 33,200 loans, worth £3.9 billion (up from 32,300 mortgages, worth …
Posted in Mortgages
Tagged Aldermore Residential Mortgages, buy to let, Charles Haresnape, CML, Paul Smee
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Buy to let second charge loans up by 40%
Buy-to-let second charge lending has increased by 40% in the first half of 2012 compared to 2011, according to figures from Blemain Finance. The specialist lender has seen a steady increase in the number of buy-to-let second charge cases …
Posted in Secured Loans
Tagged Blemain Finance, buy to let, Gary Bailey, second charge
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Limited Edition buy-to-let remortgage deals from Aldermore
Aldermore Residential Mortgages is today launching a range of Limited Edition Buy-to-let remortgage deals: Market leading* 5 year fixed rates – at 4.78% to 65% LTV, 4.98% to 75% LTV or 5.88% to 80% LTV Term variable rate …
Posted in Mortgages
Tagged Aldermore Bank, Aldermore Residential Mortgages, buy to let, Charles Haresnape
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