Buy-to-let mortgage LATEST

Despite much of the UK being in restful mood this week. Buy-to-let mortgage lenders have been busily adjusting their buy-to-let mortgage products.

Landlord insurance brokers - it pays to have the widest choice

The best rates continue to be offered by the Mortage Works who are the only lender to offer sub 4% rates with the cheapest pay rate of 3.25% available on a 1 year tracker.

For expert buy-to-let mortgage advice

For those landlords wanting a fixed rate they also do a 1 year fix at 3.49%. Both are available on a maximum LTV of 70%. The downside to the very low rate products offered by TMW is the very high fees of 3.25% and 3.5% respectively. A low fee alternative is offered by the Manchester BS with their 4.84% term variable with only a 0.5% fee offered up to 65% LTV. This buy-to-let mortgage is also available for ex council house properties.

Updates courtesy of emoneyfacts:

• Scottish BS
• Buy-to-let FIXED RATE of 6.54% for 3 years withdrawn w.e.f. 29.5.09 & replaced with NEW VARIABLE RATES of 5.79% for 3 years & 6.04% for 3 years w.e.f. 1.6.09....more
• 29 May 2009
• Platform
• Buy-to-let FIXED RATE MORTGAGES of 6.99% & 7.49% to 1.6.12 withdrawn w.e.f.29.5.09 & replaced w.e.f. 1.6.09 with products of 5.79% & 6.29% to 1.9.12. ...more
• 29 May 2009
• Northern Bank (NI)
• END DATES on buy-to-let FIXED RATE MORTGAGES extended to 1/2 July, w.e.f. 29.5.09....more
• 29 May 2009
• Birmingham Midshires Solutions
• NEW Buy-to-let FIXED RATE MORTGAGE of 6.50% to 1.7.14, max 75%, fee 2.5% of advance + £275, w.e.f. 27.5.09....more
• 27 May 2009
• Exclusive Connections
• Buy-to-let VARIABLE TRACKER RATE MORTGAGE funded by BM Solutions of 4.95% for 2 years & 5.59% FIXED to 1.7.11 withdrawn & replaced with VARIABLE TRACKER RATES of 4.85% for 2 years & for house purchase only of 4.95% for 2 years & FIXED RATES of 5.29% to 1.7.11 & for house purchase only of 5.70% to 1.7.11, w.e.f. 23.5.09....more
• 27 May 2009
• Pink Home Loans
• Buy-to-let FIXED RATE of 5.59% to 1.7.11 funded by BM Solutions & VARIABLE TRACKER RATE of 4.95% for 2 years funded by BM Solutions withdrawn & replaced with NEW FIXED RATE of 5.29% to 1.7.11; NEW FIXED RATE for house purchase only of 5.70% to 1.7.11, NEW VARIABLE TRACKER RATE of 4.85% for 2 years (BBR + 4.35%); NEW VARIABLE TRACKER RATE for house purchase only of 4.95% for 2 years (BBR + 4.45%), w.e.f. 26.5.09....more
• 27 May 2009
• Cheltenham & Gloucester
• Current Buy-to-let MORTGAGES now available for direct business only & NEW VARIABLE TRACKER RATES launched via intermediaries only of 4.69% to 31.12.12, max 60%, 4.99% to 31.12.12, max 75% & for advances min £500,001 - 5.49% to 31.10.12, max 75%. NEW FIXED RATE MORTGAGES via intermediaries only of 5.19% to 31.10.12, w.e.f. 26.5.09. ...more
• 27 May 2009
• Birmingham Midshires Solutions
• Buy-to-let FIXED RATE MORTGAGES of 5.29% to 1.7.11, 5.39% & 5.59% to 1.7.12, 5.84% to 1.7.14 & 5.99% to 1.7.19 withdrawn & replaced with new rates for house purchase only of 5.40% to 1.7.11 & 5.50% to 1.7.12, w.e.f. 23.5.09....more
• 26 May 2009
• Bank of Scotland Mortgages
• Buy-to-let FIXED RATES of 5.69% to 30.6.12, 5.89% to 30.6.14 & 5.99% to 30.6.14 withdrawn & replaced with NEW FIXED RATE of 5.89% to 30.6.12, w.e.f. 26.5.09....more
• 26 May 2009
• Ipswich BS
• Buy-to-let FIXED RATE MORTGAGE of 4.99% to 31.7.11 withdrawn, w.e.f. 22.5.09....more
• 26 May 2009
• Alliance & Leicester
• END-DATE on Buy-to-let FIXED RATE MORTGAGES extended to 31.8.14, w.e.f. 22.5.09....more
• 22 May 2009

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