The wholly owned subsidiary of Merrill Lynch will continue to process prime buy to let applications until close of business on Wednesday 26th March, but will accept no new applications thereafter. Polly Hughes, head of marketing at Mortgages plc, said: We have seen both an increase in the number of new buy to let applications …
Category Archives: Buy-to-Let
NatWest Introduced New Buy to Let Mortgage Rates
As from today (20 March 2008), NatWest introduced new rates to two of its buy-to-let products. NatWest buy to let mortgages: 5 year fixed rate (max LTV 85%) will increase to 5.99% from 5.50% with a £1,999 arrangement fee until 30 June 2013. 2 year discount (SVR +2.19%) (max LTV 85%) will increase to 5.75% …
Can You Still Make Profits in Buy to Let?
In recent years, more than 400,000 people have become landlords through buy to let, benefiting from great profits. Some experts say that it is too good to last, and the UK property market is finally set to get its reprisal. So should you stay away from buy to let opportunities, or should you take advantage …
Buy to Let: The Best Investment
The CML has released figures today demonstrating growing confidence among buy to let investors. In the last quarter of 2007 there were 84,800 loans advanced, which according to the CML was a considerable increase comparing with the last quarter of 2006. Buy to let landlords were in a better position to secure better mortgage deals …
Cheaper Eco-Friendly Homes: Dream or Reality?
The president of the National Association of Estate Agents (NAEA) called for action in making homes greener. Stewart Lilly is keen to see more work done regarding existing homes suggesting that devices which make homes more energy efficiency should be VAT-free. He added: [VAT rebates] can only encourage people to introduce more energy efficiency into …