Coventry Intermediaries cuts rates
Coventry Intermediaries has reduced rates on it’s highly range of BTL 2 and 5 year fixed rates available at 65% LTV with low rates starting from 3.19%.
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Leeds launch new fees assisted buy-to-let deal
Leeds Building Society’s fixed rate buy-to-let range now offers a market leading fees assisted deal, available over a 3 year period, at 4.39% up to 65% LTV.
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Coventry Building Society cuts rates even further on BTL range
Coventry Building Society has cut rates even further on its range of buy to let mortgages which includes a legal and valuation package for remortgages, as well as launching a market leading 2 year Flexx fixed rate at 3.05%
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The Cambridge overhauls buy to let range
The Cambridge Building Society is re-launching its Buy to Let mortgage range, reducing rates by up to 0.75% and cutting fees by up to £500.
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Buy-to-let lending increased by 5% in the second quarter of 2012, according to data published by the Council of Mortgage Lenders.
New research from BM Solutions shows that Buy to Let (BTL) investors have seen average gross rental yields edge up to 6.2% in June 2012, compared to 6.0% 12 months earlier.
Demand for buy-to-let shows no signs of weakening as almost two thirds of brokers expect to do more mortgage business with landlords this year, according to a new Nationwide Building Society survey.
New buy-to-let lending in the first quarter of this year totalled £3.7 billion (32,300 loans), according to the Council of Mortgage Lenders.
