More than a quarter of landlords are looking to expand their property portfolios in 2024 because the UK’s buy to let (BTL) market is resilient, a study reveals.
The survey by Butterfield Mortgages questioned 2,000 UK adults about their BTL plans …
MT Finance is the latest buy to let lender to announce a rate reduction on its 16 BTL products, effective immediately.
The specialist lender has cut rates by 1% and now offers mortgages starting from 4.65% for two-year fixed standard residential BTL pr…
Foundation Home Loans has unveiled a new five-year fixed rate buy to let mortgage for both acquisition and refinancing needs.
The BTL mortgage has a rate of 5.64% for loans up to a 75% LTV ratio
There has been a substantial decline in buy to let mortgage inquiries across the UK for December 2023, data reveals.
The findings from technology firm Twenty7tec show there were 175,108 buy to let mortgage searches – 32.8% decrease on November…
Fleet Mortgages has announced a substantial reduction in interest rates for its mortgage products covering two-, five- and seven-year fixed terms within its standard, limited company, and HMO/multi-unit block portfolios.
Effective immediately, the rate…
Hi, The mortgage lenders have got creative with BTL deals of late. Higher fees for lower rates, but this bit of creativity is a bit well, err, bonkers!
So, here is the deal for new customers:
2 Year Tracker
The mortgage market has been through a tough time in recent months, following 14 months of consecutive base rate increases. Mortgage interest rates increased, buyers who were used to very low rates, were hesitant to move and sellers were reluctant to s…
CHL Mortgages has expanded its product range, and now includes standard buy-to-let two-year fixed-rate mortgages up to 65% loan to value that start at 3.65%! Now that is attractive compared to recent rates.
They also currently have rates of:
3.72% for …
In the current market, some landlords are struggling to meet the lender’s requirement for rental income to be 125% – 145% of the mortgage payment. This can leave some stuck on the lenders standard variable rate, a higher rate of interest.
Landbay, the BTL powerhouse taking on the bigger lenders in the fold have released a 4.75% mortgage rate!
This is undercutting a huge amount of other products currently available and will see them edge forward into mainstream even more.
Buy to let landlords have cut down their mortgage debt by almost 20% in a year of economic turmoil, according to a new report.
Octane Capital has compared the total amount of borrowing among BTL landlords between Q3 2022 and Q2 2023 and the same period…
Landbay has announced a second round of rate reductions in just over a week, taking advantage of the falling swap rates in the money markets.
The specialist buy to let lender has cut its rates by up to 0.30% across its two and five-year fixed rate pro…
Landlords in the UK have different plans for their portfolios in the next 12 months, with two-thirds (66%) of landlords not wanting to sell any of their property, research reveals.
The findings from Landbay also show that one-third (34%) are considerin…
Landlords looking to buy or remortgage properties can benefit from lower rates and more choices from Landbay.
That’s because the specialist buy to let lender has made more than 80 changes to its product range, including rate reductions of up to 0…
Nearly a third (32%) of buy to let landlords are planning to buy more property in the next 12 months, despite the challenges posed by higher interest rates, a survey reveals.
The research from Landbay also reveals that 43% of landlords are not intendin…
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