Comments and views on the latest developments in buy to let, commercial and residential mortgages from our resident experts at Mortgages for Business.
Buy to let and commercial mortgage bloggers:
David Whittaker, Managing Director
Steve Olejnik, Head of Sales
Mike Freeman, Head of Specialist Underwriting
Residential mortgage blogger:
Jeni Browne, Head of Regulated Mortgages
Minor rate reductions good news for buy to let investors
Activity amongst the buy to let lenders has been fairly quiet – with incremental movements on end dates and pricing, and the usual product withdrawals and introductions. Let’s take a look in a bit more depth.
Buy to let mortgages at 80pc LTV
Listen to David introducing a two year fixed rate buy to let mortgage at 4.98% with a flat fee of £1,999 for borrowers looking for 80% LTV.
Is now the right time to remortgage
Competition is definitely on the up and buy to let lenders are now offering better rates and more incentives to attract new borrowers. Does your current buy to let mortgage stand up to scrutiny? Steve Olejnik evaluates the advantages of remortgaging.
Options for buy to let mortgages to 80pc LTV (and above)
Competition between buy to let lenders in the higher loan to value bracket is on the up. Steve Olejnik looks at what’s available in terms of pricing, fees and criteria.
Bank of Ireland rate hike affects thousands of buy to let mortgage holders
David looks at how the rate increase might affect customers of the Bank and its subsidiary Bristol & West.
Understanding income requirements from buy to let mortgage lenders
Self-certification buy to let mortgages no longer exist but that doesn’t mean you won’t qualify for a buy to let mortgage. Let me explain.
2.99pc fixed for 5 years residential mortgage (3.50pc APR)
Sadly the 1.99pc 2.5 year fixed rate we talked about recently has ended. Booo! The good news is that it has been replaced by an equally exciting deal. Hooray!
Buy to let criteria changes and price reductions continue
Mike Freeman gives us his views on the unfolding saga at Bank of Ireland and the latest criteria changes amongst the buy to let lenders.
1.99pc fixed for 2.5 years residential mortgage (4.3pc APR)
A fantastic residential mortgage rate at 1.99% fixed for 2.5 years (4.3% APR) launched today and it's not available on the high street. It comes with some great benefits and it’s only available for one week.
Borrowing options for landlords with tenants in receipt of housing benefit
There has been much in the press about recent Local Housing Allowance changes. But what do buy to let lenders make of the changes and how has it affected their lending criteria? Steve looks the current borrowing options for landlords.