(Source: ARLA release 10/2/11)
As lenders become keener to lend, the buy-to-let mortgage market is set to become more competitive during 2011 providing better deals for landlords. This week has seen the release of a new buy-to-let product available up to 85% loan-to-value. See below for information (lower rates at lower LTVs are also available).
These products are also available to first time landlords. An application fee will normally apply.
For further details and for other products available, please visit www.arlamortgages.co.uk or telephone 029 2069 5441 to speak to the ARLA Mortgages support team.
Your home may be repossessed if you do not keep up repayments on your mortgage. The Financial Services Authority does not regulate some forms of mortgage.
Association of Residential Letting Agents
Comment by Jim Mitchell: With prices remaining low and sellers and their estate agents very keen to progress sales, now may be a good time for investors to buy good properties. If you are considering increasing your portfolio or just want to review it, please feel free to contact me for advice about current rents and trends & future prospects. As ever, we are very keen for landlords to be growing their portfolio with the right type of property in the right areas for best returns.
