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Tuesday, April 24, 2012

BTL mortgage pricing remains stable

In the first quarter of 2012 our data shows that average BTL mortgage rates have remained relatively stable.

Andy Young, chief executive of Property Hawk Mortgages comments:

“Despite the enduring difficulties in the Eurozone, product pricing in the buy-to-let mortgage market has remained relatively stable during the first quarter of this year. At Property Hawk Mortgages, for mortgage offers processed during Q1 2012, the average fixed rate was 4.82% compared with 4.93% in Q4 2011. For variable rates, the average was 4.07% in Q1 compared with 4.04% in the previous quarter.

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