Buy to Let Blog

 The latest Buy to Let mortgage market news, advice and views from our resident experts at Mortgages for Business.

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• Nationwide to issue £3.5Bn of RMBS - 27.10.2009

  The news that Nationwide is to make its first issue of £3.5Bn RMBS via the newly created Silverstone Master Trust on Thursday this week came earlier than many had expected.

• Number of purchases increase in the Buy to Let mortgage market - 22.10.2009

  Mortgages For Business has released its quarterly analysis of Buy To Let transactions for Q3 2009. There has been a shift towards purchase transactions away from remortgages with 77% of applications being for acquisitions against 65% in Q2.

• Lloyds issues £4.5Bn of RMBS - 02.10.2009

  News that Lloyds Banking Group has launched the first of 3 RMBS packages totalling £4.5Bn has been well received in the industry.  Industry pundits now believe this will encourage more issuance before the end of the year. 

• Data indicates market progress - 24.09.2009

  Not only does mortgage data point to an improving position on purchases but the first RMBS issue (£4Bn) in Europe in 13 months has taken place - issuer Lloyds !!!

• Bank of England Base Rate remains at 0.5% - 10.09.2009

  It comes as no surprise that Bank of England announced today that Base Rate will stay at 0.5% and we envisage this to be the case until the end of 2009 and well into 2010 as the country slowly recovers from the current recession.

• Improved Funding for landlords - 07.09.09

  The re-launch of Base Commercial as Aldermore Bank following the acquisition of Ruffler Bank is starting to bring benefits to landlords with Buy to Let and residential investment properties.

• House Prices up in all Regions - 28.08.09

  Land Registry reports a rise of 1.7% in July, the 4th monthly increase in a row.

• CML: Buy to Let activity in second quarter of 2009 - 19.08.2009

  Some positive news from the CML with Buy to Let mortgage arrears dropping significantly and new lending declines falling in quarter 2 of 2009.

• Base Rate remains at 0.5% and some positive developments emerge - 10.08.2009

  As expected, the Bank of England announced on Thursday that Base Rate will stay at 0.5%. As mentioned last month, with most economists predicting a slow recovery from the current recession and with unemployment set to continue to rise next year, we believe that Base Rate will remain at this level well into next year and possibly beyond!

• Is Bank of China in the market for Buy to Let Lending ? - 27.07.2009

  The Sunday Times revealed that the Bank of China is entering the UK mortgage market on both residential mortgages and Buy to Let mortgages at the weekend - Times Online - We offer our insight...