Buy to Let Mortgage Blog

October 14, 2008

New low in first time house buyers

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The number of first-time buyers getting onto the property ladder slumped to a record low during August.

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October 10, 2008

Buy-to-let owners 'hardest hit'

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Owners of buy-to-let properties are among the worst hit by falls in housing prices.

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October 7, 2008

Committing To An Investment Mortgage Loan

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Your investment mortgage loan may be one of the biggest financial commitments you will ever make. Depending on the property you choose, it could even be bigger than your first mortgage. So there's a lot of work to do to make sure you make the right decision on an investment mortgage loan. This includes keeping an eye on interest rates and thinking about the size of deposit you will need. This can considerably alter the cost of an investment mortgage loan. Look out to see what limits there are on overall borrowing and check to see what restrictions there are on property management.

Learn more about the Investment Mortgage Loan

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October 6, 2008

Bradford & Bingley bail out angers shareholders

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Small Bradford & Bingley shareholders fear that like investors in Northern Rock they stand to lose everything after the government bailed out the bank with a mixture of nationalisation and asset disposals.

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October 3, 2008

Information On How To Get A Mortgage For Investment

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When you are ready to take your first steps into buy to let you may wonder how to get a mortgage for investment. There are lots of reasons why people invest in buy to let. They may be looking to increase their income to cope with day to day expenses or instead they might be thinking about securing their retirement. Whatever your reason for seeking information on how to get a mortgage for investment, there are plenty of sources to choose from. You may also wish to consider how you will repay your mortgage when you get it, choosing among the different options that lenders offer.

Read more on getting a Mortgage for Investment

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October 1, 2008

A Case Of Vanishing Mortgage Products

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The number of mortgage products on sale has slumped 12.4 percent so far this week after lender Bradford & Bingley exited the market and as the property sector buckles under global market turmoil.

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September 30, 2008

Economy Flat in Second Quarter

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The national current account deficit doubled and the economy stood still in the second quarter of 2008, even before a worsening in what is being described as the worst financial crisis in a generation.

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September 29, 2008

Bradford And Bingley Nationalised

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Bradford & Bingley was nationalised on Monday, making the buy-to-let mortgage lender the second UK bank to be taken into public ownership this year as a deepening financial crisis claims victims around the world.

Resolution hires banks for November listing
Financial buyout firm Resolution is likely to appoint Citi , HSBC and Merrill Lynch to arrange its 1 billion pound listing, people familiar with the matter said on Monday.

INSTANT VIEW - Reaction to Bradford & Bingley deal
Bradford & Bingley's branch network and deposit business will be sold to Spain's Banco Santander, and the remainder of the group will be nationalised.

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Huge Fall in Mortgage Lending

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Mortgage lending plunged by 95% in August compared with the month before, according to the Bank of England.

INSTANT VIEW - Reaction to Bradford & Bingley deal
Bradford & Bingley's branch network and deposit business will be sold to Spain's Banco Santander, and the remainder of the group will be nationalised.

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September 28, 2008

Goverment Set to Nationalise Second Bank

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The government will nationalize troubled mortgage lender Bradford & Bingley and is discussing the sale of its savings book and branches, people familiar with the matter said.

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