Friday, November 28, 2008

Landlords anticipating another interest rate cut

I don't know about you, but I'm anticipating a further fall in interest rates when the MPC meet next week. Could we get another 0.5% cut in rates?

This would be a great xmas present for landlords on tracker rates who have already seen their mortgage costs slashed.

Lenders are now starting to respond to falling rates by cutting the interest rates charged on their buy-to-let mortgage products.

Marsden BS
Buy-to-let STANDARD VARIABLE RATE reduced to 5.99%, w.e.f. 1.12.08....more
27 Nov 2008
Principality BS
Buy-to-let STANDARD VARIABLE RATE reduced to 5.99%, w.e.f. 24.11.08....more
27 Nov 2008
Mansfield BS
Buy-to-let STANDARD VARIABLE RATE reduced to 5.99%, & MAXIMUM LOAN-TO-VALUE reduced to 65%, w.e.f. 25.11.08. ...more
27 Nov 2008
Dudley BS
Buy-to-let STANDARD VARIABLE MORTGAGE RATE will be reduced to 6.49%, w.e.f. 1.12.08....more

1 comment: