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Wednesday, February 18, 2009

Buy-to-let mortgages - latest deals

The latest deals from emoneyfacts indicate that the big lenders like Lloyds and RBS are continuing to reduce their SVR on their buy-to-let mortgages.

It is now possible for existing RBS buy-let-borrowers looking to remortgage to access a fixed rate starting 3.39% fixed for 2 years.

Other part nationalised banks are also reducing their rates. See below for the latest developments over the last week. Information provided by emoneyfacts.


Holmesdale BS
LENDING AREA for VARIABLE RATE MORTGAGE of 5.84% for term increased to England & Wales w.e.f. 9.2.09....more
17 Feb 2009
Teachers BS
Buy-to-let VARIABLE RATE MORTGAGE of 5.44% for 3 years withdrawn & replaced with new rate of 5.94% for 3 years (SVR + 0.75%), w.e.f. 16.2.09....more
17 Feb 2009
NatWest Mortgage Services
Buy-to-let STANDARD VARIABLE RATE reduced by 0.19% to 4.50% w.e.f. 16.2.09....more
17 Feb 2009
Royal Bk of Scot Mtges Direct
Buy-to-let STANDARD VARIABLE RATE reduced by 0.19% to 4.00% w.e.f. 16.2.09....more
17 Feb 2009
NatWest Int Personal Banking
Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced by 0.25% to 4.19% w.e.f. 2.2.09. All products withdrawn & replaced with NEW TRACKER RATE MORTGAGES of 3.79% & 3.99% to 30.4.11 and NEW FIXED RATE MORTGAGES of 5.09% & 5.29% to 30.4.11, 5.39% & 5.59% to 30.4.12 and 5.99% & 6.19% to 30.4.14, w.e.f. 13.2.09....more
16 Feb 2009
RBS IP NatWest
Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced by 0.19% to 4.50%, w.e.f. 16.2.09....more
16 Feb 2009
Royal Bank of Scotland Int Ltd
Buy-to-let STANDARD VARIABLE RATE reduced to 4.19% w.e.f. 2.2.09. All products withdrawn and replaced with NEW VARIABLE TRACKER RATES of 3.79% & 3.99% to 30.4.11 & NEW FIXED RATES of 5.09% & 5.29% to 30.4.11, 5.39% & 5.59% to 30.4.12 and 5.99% & 6.19% to 30.4.14, w.e.f. 13.2.09. ...more
16 Feb 2009
Lloyds TSB Scotland
NEW buy-to-let VARIABLE BASE RATE TRACKERS for advances of £5K to £999,999 of 4.59% & 4.89% to 30.6.12 and for advances of £1m to £1,999,999, 5.19% to 30.6.12 launched, 5 year FIXED RATES increased by 0.20% and END DATES on all FIXED RATES extended to 30 June, w.e.f. 16.2.09. ...more
16 Feb 2009
Cheltenham & Gloucester
NEW buy-to-let VARIABLE BASE RATE TRACKERS for advances of £5K to £999,999 of 4.59% & 4.89% to 30.6.12 and for advances of £1m to £1,999,999, 5.19% to 30.6.12 launched, 5 year FIXED RATES increased by 0.20% and END DATES on all FIXED RATES extended to 30 June, w.e.f. 16.2.09. ...more
16 Feb 2009
Loughborough BS
Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced by 0.46% to 4.99% w.e.f 12.2.09....more
13 Feb 2009
Lloyds TSB Scotland
Buy-to-let STANDARD VARIABLE RATE reduced by 0.50% to 3.00%, w.e.f. 1.3.09....more
12 Feb 2009
Northern Rock
END DATES on buy-to-let FIXED RATES extended to 1 April, w.e.f. 12.2.09....more
12 Feb 2009
Dudley BS
Buy-to-let STANDARD VARIABLE RATE reduced by 0.75% to 5.74%, w.e.f. 1.2.09. MAXIMUM LOAN-TO-VALUE reduced to 65% & LENDING AREA restricted to selected counties....more
12 Feb 2009
Northern Rock
Buy-to-let STANDARD VARIABLE RATE reduced by 0.30% to 4.79%, w.e.f. 11.2.09....more
11 Feb 2009
Newbury Mortgage Services
Buy-to-let STANDARD VARIABLE RATE reduced by 0.25% to 5.00%, w.e.f. 10.2.09....more
10 Feb 2009
Nottingham BS
Buy-to-ket FIXED RATE of 7.09% to 1.9.11 withdrawn & replaced with product of 6.49% to 30.4.12 and MINIMUM RENTAL REQUIREMENT amended to 125% calculated at BBR + 5% with a minimum income requirement of £30K, w.e.f. 10.2.09....more
10 Feb 2009
Shepshed BS
NEW buy-to-let VARIABLE BASE RATE TRACKER of 4.99% for 2 years, DISCOUNTED VARIABLE RATE of 5.29% for term and FIXED RATE of 5.95% for 2 years launched, w.e.f. 9.2.09....more
10 Feb 2009

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