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Friday, June 12, 2009

Buy-to-let mortgage LATEST - fixed rates on the rise


A recent report that the Nationwide is likely to increase it's fixed rates sent alarm bells ringing for many landlords. It may not necessarily time to panic just yet but it does alert landlords to the prospect that rates will not stay this low for ever.

Landlord insurance - lower rates - professional advice

This week it's been a quite one on the buy-to-let product front.

The Mortgage Works part of the Nationwide have contradicted some of the recent claims by actually reducing their rates on their one year fixed rate product. However, landlords should not get this confused with whats happening will longer term fixed rate products which because of rising swap rates are likely to become more expensive.

Watch this space!


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