Buy-to-let mortgage latest

Landlords its been a quiet week on the buy-to-let mortgage front with no more than a couple of announcements relating to new buy-to-let mortgage products and rates.

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Probably the most interesting was that by the Ipswich BS which launched a 4.99% fixed rate for second time buy-to-let buyers. The rate last to 31.7.11, max 75% ltv and with a £1599 fee. The downside is that it is only available to landlords with properties in a limited number of postcodes of IP, CO, CM, NR, CB and PE. That said, for second time buyers or those looking to remortgage and living in the required area it looks like a winner.

Other buy-to-let mortgage news courtesy of Emoneyfacts:

• Chorley & District BS
• Buy-to-let STANDARD VARIABLE RATE reduced by 0.26% to 5.49% w.e.f. 14.4.09....more

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