Best buy to let mortgagesBEST BUY TO LET MORTGAGE UK

Best buy to let mortgage UK

Click Here to get best buy to let mortgage for anywhere in the uk

Click Here  for a buy to let landlords buildings insurance quote

Click Here for points to consider when investing in buy to let property


Best buy to let mortgage uk is designed to allow a buy to let mortgage borrower,  receive buy to let mortgage lenders quotes emailed back to their PC.

Buy to let mortgage lenders offer their buy to let mortgage best rates through buy to let mortgage brokers.

Buy to let mortgages are available anywhere in the uk, and by clicking the above red link, you can obtain buy to let mortgage quotes over the internet by email attachment.

Buy-to-let increases by 50% - mortgage strategy
Luci Mylward - 12-Oct-2005
 
Research from Mortgages Direct, the financial subsidiary of haart estate agents, reveals that buy-to-let investors are returning to the market with a 50% increase, making up 12% compared with last month’s 8% seeking buy to let mortgages from Mortgages Direct.

The index also reveals that first time buyers continue to show reluctance to enter the market as the number seeking mortgages has decreased by 6% in September, making up 38% of Mortgages Direct’s loans in September.

Peter Gladdy, director of Mortgages Direct, says: “The renting market is fairly buoyant in this current climate, with many potential homeowners sitting on their hands, waiting to see which way the prices will go and therefore opting to rent instead.

“Landlords are responding proactively to the demand and to the upward trend of rents. The established investor, who takes a long term, professional approach to buy-to-let, continues to buy selectively and carefully.

“Also the imminent change to SIPPs, where residential property will soon become a valid SIPP investment is already boosting the number of buy to let mortgages, as investors are realising the opportunity to boost their pension funds.”

Despite the recent drop in interest rate levels to 4.5% consumers are clearly showing little confidence that they will remain low. An increasing number of borrowers are now becoming a lot more cautious and are opting for fixed rate deals. Tracker mortgages have decreased from 10% to 4% since last month.

Despite the recent decrease in interest rates the number of borrowers opting for interest only repayments has increased to 31% from 19% last month.

Gladdy adds: “It is surprising that more borrowers are opting for interest only repayments. This is not advisable and borrowers need to ensure that a comprehensive repayment method is in place. Borrowers are evidently still feeling the squeeze on their finances.”

Your home may be repossessed if you do not keep up repayments on your mortgage

Email

 





 

 

 

 

Home
Landlords Insurances
Sell My Endowment Policy !
Life Insurance Quote
Unemployment Insurance
Buy to Let Mortgage in:
Aberdeen, Scotland
Ashford, Kent
Basildon
Bedford
Belfast, Northern Ireland
Birmingham
Blackburn
Blackpool
Bolton
Bournemouth
Bradford
Brighton, East Sussex
Bristol
Bury
Cambridge
Cardiff, Wales
Chelmsford
Chester
Colchester
Coventry
Derby
Doncaster
Dover
Dudley
Dundee, Scotland
Edinburgh, Scotland
Glasgow, Scotland
Gloucester
Guildford
Harrogate
Huddersfield
Hull
Inverness, Scotland
Ipswich, Suffolk
Leeds
Leicester
Liverpool
Luton
Manchester
Middlesbrough
Milton Keynes
Motherwell, Scotland
Newcastle
Newport, Wales
Northampton
Norwich, Norfolk
Nottingham
Oldham
Oxford
Peterborough
Plymouth
Poole
Portsmouth
Preston
Reading
Rotherham
Sheffield, Yorkshire
Slough
Solihull, West Midlands
Southampton
Southend-on-Sea
St Helens
Stockport
Stoke-on-Trent
Sunderland
Sutton Coldfield
Swansea, Wales
Swindon
Walsall
Watford
West Bromwich
Wigan
Woking
Wolverhampton
York, England

 

Mortgage Repayment Insurance

Equity Release Mortgages