Friday, January 02, 2009

Buy-to-let mortgage latest - does it pay to go green?


Landlords looking for the best buy-to-let mortgage rates might be surprised to find that one of the best variable rates being offered is by niche mortgage provider The Ecology BS. For years the Ecology has been providing finance to landlords and developers but mainly to niche developers and individuals looking to act in a environmentally sensitive way. During the buy-to-let boom The Ecology BS lending rates for landlords were not the highest but they certainly weren't the cheapest either.

Get advice from 4 leading buy-to-let mortgage brokers


With many of the biggest lenders now dropping out of the buy-to-let lending market the Ecology BS stands out by offering one of the most competitive SVR having cut by 0.8% to 4.9% last week. They also offer up to 80% LTV which is now amongst the highest available given that lenders have been rapidly backtracking from the high of 90% LTV some were prepared to lend up to in 07. So now landlords can support a green institution and potentially save a few bob!

Here are some of the other buy-to-let mortgage products latest information.

  • Exclusive Connections
  • Buy-to-let FIXED RATE MORTGAGES withdrawn & replaced with new rates of 5.29% to 1.4.11 w.e.f. 2.1.09....more
  • 02 Jan 2009
  • Northern Bank (NI)
  • Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced to 5.05%, w.e.f. 1.1.09....more
  • 02 Jan 2009
  • Platform
  • All buy-to-let MORTGAGE PRODUCTS withdrawn, w.e.f. 5pm 2.1.09....more
  • 02 Jan 2009
  • Godiva Mortgages
  • END-DATE on Buy-to-let FIXED RATE MORTGAGE of 5.99% to 31.12.11 extended to 31.3.12 & NEW FIXED RATE MORTGAGE of 5.49% to 31.3.12 launched, max 50% loan-to-value, w.ef 5.1.08....more
  • 02 Jan 2009
  • Shepshed BS
  • New Buy-to-let VARIABLE BASE RATE TRACKER of 5.75% for 2 years, DISCOUNTED VARIABLE RATE of 5.29% for term and FIXED RATE of 5.95% for 2 years, w.e.f. 1.1.09....more
  • 02 Jan 2009
  • Coventry BS
  • END-DATE on Buy-to-let FIXED RATE MORTGAGE of 5.99% to 31.12.11 extended to 31.3.12 & NEW FIXED RATE MORTGAGE of 5.49% to 31.3.12 launched, max 50% loan-to-value, w.ef 5.1.08....more
  • 02 Jan 2009
  • HSBC
  • Buy-to-let STANDARD VARIABLE MORTAGE RATE reduced to 6%, w.e.f. 2.1.09....more
  • 02 Jan 2009
  • Chelsea BS
  • Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced by 1.15% to 5.79% w.e.f. 31.12.08....more
  • 31 Dec 2008
  • Standard Life Bank
  • Buy-to-let STANDARD VARIABLE RATES reduced to 5.92% to max 50%, 6.17% to max 65% and 6.42% to max 75%, w.e.f. 31.12.08....more
  • 31 Dec 2008
  • Ecology BS
  • Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced by 0.80% to 4.90%, w.e.f. 1.1.09....more
  • 30 Dec 2008
  • Stafford Railway BS
  • BUY-TO-LET PRODUCTS now available to a limited panel for intermediary business w.e.f. 24.12.08....more
  • 29 Dec 2008
  • Mansfield BS
  • STANDARD VARIABLE RATE reduced by 0.30% to 5.69% w.e.f. 22.12.08....more
  • 29 Dec 2008

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