Buy to Let Blog

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

Use our RSS feed to subscribe to our blog and let the news come to you.

• Bank Base Rate set to fall to 1% on 5 February 27.01.2009

  The next MPC meeting on 4 February with its announcement on 5 February is heading towards a 0.5% cut in BBR down to 1%

• MFB appointed Mortgage Express Early Repayment Charge Referral Broker 22.01.2009

  At Mortgages For Business we are delighted to have been appointed as one of two brokers to assist Mortgage Express borrowers looking to take adavantage of the Early Repayment Charge waiver if borrowers redeem their loan in part or full between 1 February and 30 June 2009.

• It's all about Cashflow! 22.01.2009

  Money is tight and as we look at our plans for 2009 what can we do to reduce our monthly committments. 

• Will Base Rate stay below 5% in 2009? - 21.01.2009

  2009 is shaping up to be an interesting year, but hopefully not for the same reasons as 2008. The actions by the Bank of England and other Central banks has been to attempt to stabilise the global markets and right some of the wrongs in recent years.

• SWAP Rates rise slightly in uncertain markets 19.01.2009

  In uncertain trading at the end of last week SWAP rates actually rose by between 7 and 10 bps reversing the consistent downward trend of the last several months - in fact on most pricings since 22 September !!! This has cooled the enthusiasm for lenders to keep on pricing all mortgage products downwards until the extraordinary events of the last two working days are behind us.

• Mortgage Express waive ALL Early Repayment Charges 13.01.2009

  Mortgage Express have just announced that they will waive ALL repayment charges on loans or parts thereof that are redeemed between 1 February and 30 June 2009.

• SWAP rates and LIBOR rates on the move in 2009 - 13.01.2009

  The entry into the New Year was no doubt followed by many with a New Year's resolution on how to improve their lot in life and a glass or two, to bid fairwell to a truly awful 2008.  Of course, there would be those that would ask, was the glass half full or half empty?

• Bank of England Base Rate cut by 0.5%. How will this effect Buy to Let? 08.01.2009

  So, the Bank of England has announced a further 0.5% cut in the Base Rate. Rates are now at their lowest for 300years and could still go lower.

• What's in store for borrowers and lenders in 2009 - 06.01.2009

  Happy New Year! With the festiviteis now behind us, what's in store for borrowers and lenders as we crawl into 2009.

• Markets await Year end movements at Banks 29.12.2008

  3 month LIBOR continues its downward drift - setting today at 2.82% - still a significant premium to Bank Base at 2%