Buy-to-let mortgages - slowly, slowly lower

Any landlords that are looking for dramatic movements in buy-to-let mortgage rates following recent base rate reductions will be sadly disappointed. However, slowly slowly, little by little rates from many lenders are creeping lower.

David Whittaker of mortgages for business highlights that the number of buy-to-let mortgage products is also increasing:

the number of products on our Buy to
Let Sourcing System (now branded Morgage Flow) has risen in the past week to
109 different morgages. We expect this number to grow from mid January
onwards........

This is promising for landlordlords looking at remortgaging in the new year. Here are some of the latest developments in the last day on the buy-to-let mortgage front. I particularly like the fact that both Natwest and sister bank RBS are reducing fees on some of their fixed rate products.

Ulster Bank (NI)
Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced to 4.67%, w.e.f. 19.12.08....more
19 Dec 2008
Abbey
Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced to 4.94%, w.e.f. 19.12.08....more
19 Dec 2008
Abbey
END-DATE on FIXED RATE MORTGAGE extended to 2/4/12, w.e.f. 19.12.08....more
19 Dec 2008
Stafford Railway BS
Further to the previous news dated 5.12.08, buy-to-let STANDARD VARIABLE RATE will now reduce to 5.00% & VARIABLE RATE for multiple occupancy to 5.50%, w.e.f. 1.1.09 and not as previously stated....more
18 Dec 2008
Stroud & Swindon BS
Buy-to-let FIXED RATE MORTGAGE of 6.80% to 30.9.11 withdrawn w.e.f. 18.12.08....more
18 Dec 2008
Yorkshire Bank
END DATES on Buy-to-let FIXED RATES extended by 1 month to 31 March, w.e.f. 19.12.08....more
18 Dec 2008
Clydesdale Bank
END DATES on Buy-to-let FIXED RATES extended by 1 month to 31 March, w.e.f. 19.12.08....more
18 Dec 2008
NatWest Mortgage Services
FEES on selected FIXED RATE MORTGAGES reduced, w.e.f. 18.12.08....more
18 Dec 2008
Dunfermline BS
Buy-to-let STANDARD VARIABLE RATE MORTGAGE withdrawn w.e.f. 17.12.08....more
18 Dec 2008
Royal Bk of Scot Mtges Direct
FEES on selected FIXED RATE MORTGAGES reduced, w.e.f. 18.12.08....more
18 Dec 2008