Bank bailout good for landlords?

Landlords who have got shares in banks will obviously be breathing a sigh of relief that at least their shareholdings will be worth something, if no where near what they were probably when they bought them.

1 SIMPLE FORM - 4 leading mortgage brokers


The effective part nationalisation of some of the big clearing banks may turn out to be good news for buy-to-let landlords looking to refinance their portfolio. This is because one of the preconditions that the Government has injected this new capital is that banks need to continue to lend to businesses and provide mortgages at the same level as 2007. If this applies to buy-to-let mortgages too then this will be great news for landlords and ease some of the pain that many landlords stuck on expensive standard variable rates are experiencing.

Come on DARLING don't forget us landlords!