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Wednesday, May 12, 2010

Shepshed ups LTV to 80%

The Shepshed Building Society is the 2nd lender this week to up it's maximum LTV to the 80% mark.

This is a little short of the 85% LTV that was available to lenders during the 'good years' but we are clearly getting there.......slowly.

The Shepshed has only one buy-to-let mortgage currently available a 2 year fixed rate at 6.25%.

For those looking at a more competitive 2 year fix, the Manchester Building Society has launched this week a 5.49% fixed rate with a flat rate fee of £999 but with a maximum LTV of only 70%.

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