West Bromwich Building Society Mortgage Rate Hike

David Lawrenson, private rented sector expert and director of LettingFocus.com, highlights the risks to lenders of invoking terms in the small print of mortgage contracts to hike landlords’ tracker mortgage rates. At previous blog posts we predicted that it was likely that other lenders would follow the Bank of Ireland’s move in hiking interest rates on buy to let mortgage […]

Read more

Getting the Best Buy to Let Mortgage Deal for You

In this blog post, private rented sector expert, David Lawrenson of www.LettingFocus.com looks at how to get the most suitable mortgage deal. I’m often somewhat surprised by the fuss folks make about getting a mortgage and some of the wrong decisions they make too. To us it seems pretty simple. The first question to ask is for how long you […]

Read more

The Standard Variable Rate and the Mortgage Prisoners

Private residential landlords are typically long term investors and supposedly quite canny too. So one would expect them to typically opt for mortgages which at the end of any initial “teaser” fixed or discounted term would “go to” or “revert to” a rate which was going to be very competitive over the long term. And yet I often hear of […]

Read more

Longer Term Tenancies and Getting the Right Buy to Let Mortgage

In this LettingFocus blog post, we discuss our research into the potential for buy to let mortgage lenders to allow borrowers to offer longer term assured shorthold tenancies. We also look at the questions borrowers should ask themselves to ensure they get the mortgage that’s right for them. Currently, at LettingFocus we are doing research into the potential for buy […]

Read more