Press releases

• Average Yields Rise To 10% On Complex Buy To Let Deals 12.07.2011

  Yields on Houses in Multiple Occupation have risen to 10% in Q2 2011.
  Rising rents cause yield growth across complex and vanilla BTL mortgages.
  Number of BTL products rises 35% quarter-on-quarter.
  However, lenders attempting to reduce risk force MUFB investors to refinance elsewhere

  Average buy to let yields have risen quarter-on-quarter with vanilla products now offering 5.8% and complex deals offering up to 10%, according to Mortgages for Business, the broker and packager.
   

• Mortgages for Business launches advanced buy to let mortgage calculator 15.06.2011

  Mortgages for Business has designed an advanced buy to let mortgage calculator which not only calculates borrowing and rent requirements, it also matches the borrowers’ criteria with the most favourable buy to let mortgages available.
  Quick and easy to use, the calculator displays results instantly and provides quotes which the user can then print off or email to themselves for reference. Read More...
   

• Mortgages for Business completes its first deal with Whiteaway Laidlaw Bank 07.06.2011

  Mortgages for Business has completed its very first residential investment mortgage with new lender Whiteaway Laidlaw Bank.The deal was secured on behalf of an experienced investor who purchased at auction a freehold property. Read More...

• Mortgages for Business chosen as only broker by Kent Reliance for Buy to Let 07.06.2011

  Mortgages for Business has been chosen as one of only three intermediaries, and the only broker, to offer buy to let mortgages from Kent Reliance Building Society.
  KRBS is targeting a particular niche in the market; that of experienced landlords with existing portfolios who are looking to make the most of the investment opportunities available on student lets, houses in multiple occupation, and via UK Limited Companies. It will also welcome new, aspiring landlords and applications for new build properties.

   

• Number of BTL Products Doubles 06.04.2011

  There are more than double the number of BTL mortgage products available now compared to Q1 2010.  Complex buy to let transactions provide highest yields for investors and have grown strongly since end of 2010.

• Mortgages for Business launches Complex Buy to Let Index

  The index tracks BTL loan size, property value, loan to value and yields and focuses on the previously unreported sub-sectors of the more complex buy to let mortgage transactions, specifically Houses in Multiple Occupation and multi-unit freehold blocks. Results will be published quarterly based on transactions carried out via Mortgages for Business in the previous three months.

• Mortgages For Business Helps Platform Design New Semi-exclusive Buy-to-Let 01.12.2010

  The product which offers four-years fixed at 4.99% is available at up to seventy per cent loan to value on loans up to £500K. The resulting product is available for purchases and remortgages on either interest only or repayment terms and is aimed at less experienced landlords with no more than five buy to let properties.

• Mortgages For Business Selected As Distribution Partner For Aldemore Mortgages 26.10.2010

  Mortgages for Business has been chosen to become part of a select distribution panel for Aldermore Mortgages.
  Aldermore Mortgages is a new intermediary only lender, which promises to take a fresh perspective on the UK mortgage market.

• Mortgages for Business selected for Paragon's intermediary panel 28.09.2010

  Mortgages for Business has been chosen to become part of a select panel of Buy to Let brokers by Paragon Mortgages who, today, announced a return to lending after an absence of more than 18 months.

• 'Mortgage Flow' reports 396% increase in product availability 16.09.2010

  Mortgage Flow, the leading Buy to Let mortgage sourcing tool from Mortgages for Business reports a 396% increase in the number of BTL mortgages available since the credit crunch low at the end of May 2009.