Following yesterdays cut in the base rate to 2% equaling the lowest level in it's 314 year history.
I've been scowering the buy to let market for the latest update on buy-to-let mortgages. Lenders continue to reduce their SVR. Some lenders have withdrawn their tracker rates such as Cheltenham & Gloucester and Lloyds TSB Scotland just prior to the latest cut in base rate.
Other lenders are tightening lending restrictions such as Stafford Railways BS which has reduced its maximum LTV to 50%.
Access 4 leading lenders with 1 enquiry form
- Cheltenham & Gloucester
- Buy-to-let VARIABLE TRACKER RATE MORTGAGES withdrawn, w.e.f. c.o.b. 3.12.08....more
- 04 Dec 2008
- Principality BS
- END DATE on buy-to-let FIXED RATE extended to 31 January, w.e.f 4.12.08....more
- 04 Dec 2008
- Lloyds TSB Scotland
- ALL buy-to-let VARIABLE BASE RATE TRACKERS withdrawn, w.e.f. 4.12.08....more
- 04 Dec 2008
- Scarborough BS
- ALL BUY-TO LET PRODUCTS withdrawn w.e.f. 3.12.08....more
- 04 Dec 2008
- Shepshed BS
- BUY-TO-LET STANDARD VARIABLE RATE reduced by 0.7% to 6.04% w.e.f. 1.12.08...more
- 04 Dec 2008
- NatWest Int Personal Banking
- Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced to 5.19%, w.e.f. 1.12.08. All products withdrawn & replaced with new VARIABLE TRACKER rates of 5.29% & 5.49% to 31.1.11 & FIXED RATES of 5.49% & 5.69% to 31.1.11 & 5.89% & 6.09% to 31.1.12....more
- 04 Dec 2008
- Royal Bank of Scotland Int Ltd
- Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced to 5.19%, w.e.f. 1.12.08. All products withdrawn & replaced with new VARIABLE TRACKER rates of 5.29% & 5.49% to 31.1.11 & FIXED RATES of 5.49% & 5.69% to 31.1.11 & 5.89% & 6.09% to 31.1.12....more
- 04 Dec 2008
- Stafford Railway BS
- MAXIMUM LOAN-TO-VALUE on Buy-to-let products reduced by 25% to 50% w.e.f. 3.12.08....more
- 04 Dec 2008
- Cambridge BS
- Buy-to-let STANDARD VARIABLE MORTGAGE RATE will be reduced to 6.29%, w.e.f. 4.12.08....more
- 03 Dec 2008
- Manchester BS
- Buy-to-let STANDARD VARIABLE MORTGAGE RATE will be reduced to 5.95%, w.e.f. 1.1.09....more
- 03 Dec 2008
- Platform
- ALL BUY-TO-LET PRODUCTS with "Almost Prime" and "Minor Adverse" criteria withdrawn, FEES on all products amended to £1,995, ALL FIXED RATES with "Buy-to-let" criteria withdrawn and replaced with products of 6.99%, 7.09%, 7.49% and 7.59% to 1.3.12, w.e.f. 1.12.08....more
- 03 Dec 2008
- Leeds BS
- Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced to 6.24%, w.e.f. 27.11.08....more
- 03 Dec 2008
- Pink Home Loans
- All buy-to-let MORTGAGE products funded by Platform withdrawn, w.e.f. 1.12.08....more
- 03 Dec 2008
No comments:
Post a Comment