Bristol and West – Letting Focus

When is a Tracker Mortgage Not Really a Tracker Mortgage and How More Lenders Are Giving Themselves Get-Out Clauses

June 3, 2013 David Lawrenson

David Lawrenson of private rent consultants, LettingFocus.com explains how mortgage lenders have now set up get out clauses within their tracker mortgage deals which are so wide that the industry could eventually be forced to stop marketing them as tracker deals. He also predicts that the Bank of Ireland “rate hike” case will result in a victory for those landlords […]

Bank of Ireland Mortgage Move Destroys Trust

March 20, 2013 David Lawrenson

David Lawrenson of www.LettingFocus.com says the move to hike rates on some Bristol and West Tracker Mortgages looks wrong – and destroys confidence in all lenders. When I speak to people who want to sell services to private landlords (which includes organisations like local authorities and housing associations that desperately need private rented sector landlords to make their houses available […]