Private Rented Sector Buy to Let Consultants
In this article, David Lawrenson of LettingFocus.com, explains why he has always been a fan of tracker mortgages. Tracker Mortgages and Why They Work The facts are…. 1) I hate standard variable rates (SVRs) and 2) I do not trust mortgage lenders to reduce mortgage rates when the Bank of England base rates fall. The mortgage companies have a long […]
Read moreWest Bromwich – your time is soon up. Time to face the music in the courts. I certainly hope that your executive will have a good explanation for your members to explain why you blew hundreds of thousands of pounds fighting and losing a court case, after you singularly failed to bully individual buy to let borrowers on Bank of […]
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Read moreIn this letter to Andrew Tyrie MP I ask him to take action to stop mortgage lenders cheating their buy to let Bank of England (BOE) mortgage tracker rate customers by invoking small print terms in separate documents that were never meant to apply to BOE tracker loans. I have highlighted this by illustrating from my own personal experience with […]
Read moreDavid 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 […]
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