Buy-to-let mortgage LATEST Leek United score a winner on their return

Landlords looking for a reasonably priced variable rate buy-to-let mortgage could do worse than look at the latest offering from the Leek United BS. The Leek make a welcome return to the buy-to-let lending market with a 5.19% variable rate product offering up to 75% LTV and with a reasonable application fee of £999.

This buy-to-let mortgage is only available direct from the lender so landlords avoid having to pay out on a mortgage brokers fee.

For quality impartial advice on buy-to-let mortgages

Landlords seeking a sub 4% product and who have a reasonably low LTV requirement could look at a new product from the Coventry Building Society. They offer a base rate tracker with a current pay rate of 3.99% on a max LTV of 60%. Usefully for landlords worried that interest rates could suddenly rise this buy-to-let mortgage tracker comes with a cap of 5.49% during it's life up to 30.06.12.

Latest NEWS on buy-to-let mortgages courtesy of EMONEYFACTS:

• The Mortgage Works
• NEW buy-to-let FIXED RATE MORTGAGES of 5.84% & 6.34% to 30.4.14 & for remortgage only of 5.99% to 30.4.14, w.e.f. 9.4.09....more
• 09 Apr 2009
• Lloyds TSB Scotland
• Buy-to-let MINIMUM RENTAL INCOME COVER REQUIREMENT amended to 100% of interest only calculated at 7.5% for advances up to 60% loan-to-value or 100% of interest calculated at 8% for advances over 60% loan-to-value, with a minimum income requirement of £35K with the option of ability to pay + 50% of rental income, w.e.f. 7.4.09....more
• 09 Apr 2009
• Cheltenham & Gloucester
• Buy-to-let MINIMUM RENTAL INCOME COVER REQUIREMENT amended to 100% of interest only calculated at 7.5% for advances up to 60% loan-to-value or 100% of interest calculated at 8% for advances over 60% loan-to-value, with a minimum income requirement of £35K with the option of ability to pay + 50% of rental income, w.e.f. 7.4.09....more
• 08 Apr 2009
• The Mortgage Times
• NEW buy-to-let FIXED RATE MORTGAGE funded by BM Solutions of 5.19% to 1.7.11, w.e.f. 7.4.09....more
• 08 Apr 2009
• Birmingham Midshires Solutions
• Buy-to-let FIXED RATE MORTGAGE of 5.29% to 1.7.12 withdrawn & replaced. NEW FIXED RATE MORTGAGE of 5.19% to 1.7.12, max 75%, fee 2.5% + £275. W.e.f. 4.4.09....more
• 08 Apr 2009
• The Mortgage Times
• ALL BUY-TO-LET PRODUCTS funded by Birmingham Midshires Solutions available in Scotland only withdrawn, w.e.f. 7.4.09. ...more
• 07 Apr 2009
• The Mortgage Works
• Buy-to-let FIXED RATE MORTGAGE of 4.74% to 30.4.11 withdrawn & all other fixed rates except 4.69% to 30.4.10 withdrawn & replaced with rates reduced by up to 0.35%. New fixed rates launched of 4.44% to 30.4.10 for remortgage only & 5.89% to 30.4.11 & 5.99% to 30.4.12, w.e.f. 7.4.09....more
• 07 Apr 2009
• Exclusive Connections
• NEW buy-to-let FIXED RATE MORTGAGE funded by Birmingham Midshires Solutions for house purchase only of 5.19% to 1.7.11, w.e.f. 4.4.09....more
• 07 Apr 2009
• Leek United BS
• NEW buy-to-let VARIABLE RATE MORTGAGE available to direct business only of 5.19% for term, w.e.f. 6.4.09....more
• 07 Apr 2009
• Pink Home Loans
• NEW FIXED RATE MORTGAGE funded by BM Solutions, for house purchase only: 5.19% to 1.7.11, w.e.f. 3.4.09....more
• 06 Apr 2009
• Lloyds TSB Scotland
• END DATES on buy-to-let FIXED RATE MORTGAGES and TRACKER RATE MORTGAGES extended to 31 August, w.e.f. 6.4.09....more
• 06 Apr 2009
• Cheltenham & Gloucester
• END-DATES on buy-to-let MORTGAGE PRODUCTS extended to 31 August, w.e.f. 6.4.09....more
• 06 Apr 2009
• HSBC
• END-DATES on buy-to-let FIXED RATE MORTGAGES extended to 30th June, w.e.f. 6.4.09....more
• 06 Apr 2009
• Holmesdale BS
• Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced by 0.15% to 5.69%, w.e.f. 1.4.09....more
• 06 Apr 2009
• Cumberland BS
• END DATE on buy-to-let DISCOUNTED VARIABLE RATE MORTGAGE extended to 1.7.12, w.e.f. 2.4.09....more
• 03 Apr 2009
• Coventry BS
• Buy-to-let FIXED RATE MORTGAGE of 5.29% to 30.6.12 & 5.40% to 30.6.14 withdrawn, w.e.f. c.o.b. 2.4.09 & NEW FIXED RATE of 5.40% to 30.6.14 maximum 50%, launched w.e.f. 3.4.09....more
• 02 Apr 2009
• Godiva Mortgages
• Buy-to-let FIXED RATE MORTGAGE of 5.29% to 30.6.12 & 5.40% to 30.6.14 withdrawn, w.e.f. c.o.b. 2.4.09 & NEW FIXED RATE of 5.40% to 30.6.14 maximum 50%, launched w.e.f. 3.4.09....more
• 02 Apr 2009
• Stafford Railway BS
• Buy-to-let INCOME MULTIPLES reduced to 3 x 1st income or 3 x joint income, w.e.f. 1.4.09....more
• 02 Apr 2009
• Allied Irish Bank (GB)
• Buy-to-let STANDARD VARIABLE MORTGAGE RATE reduced by 0.36% to 4.99%, w.e.f. 1.4.09....more
• 02 Apr 2009
• Cumberland BS
• Buy-to-let DISCOUNTED VARIABLE RATE MORTGAGE of 4.99% to 1.4.12 withdrawn & replaced with new rate of 4.79% (0.61% discount) to 1.4.12, w.e.f. c.o.b. 2.4.09....more
• 02 Apr 2009
• Furness BS
• All buy-to-let MORTGAGE PRODUCTS withdrawn, w.e.f. 1.4.09....more
• 02 Apr 2009

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