Landlords need to move fast

This week has highlighted the need for landlords to move fast if they are going to secure the best rates for a buy-to-let mortgage.

This is particularly the case when it comes to small lenders who often only have limited allocations of funds for particular buy-to-let mortgage products.

At the start of the week we reported on the return of Leek United Building Society to the ranks of buy-to-let lenders with a very attractive 2 and 3 year fixed rate product.

It appears that these buy-to-let mortgages have proved very popular with landlords.

Yesterday (Friday) the product was withdrawn.

This fact highlights the fact that if a landlord does spot an attractive rate, particularly from a smaller lender with limited funds - they need to act fast to secure that rate.

Mortgage Search