Sunday, June 11, 2006
Buy-to-let mortgage lenders relax lending criteria
Ten per cent deposit is new lure for buy-to-let investors
Two mortgage lenders this week relaxed their lending criteria to enable potential BTL investors to purchase their investment with as little as a 10% deposit.
Posted by denzil @ 07:23 PM (611 views)
3 thoughts on “Buy-to-let mortgage lenders relax lending criteria”
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Johng says:
I can’t see how the numbers can be made to stack up at 95% LTV.
I stopped buying 2 years ago after 85% LTV stopped working.
Btloptingout says:
Borrow at 5.25% to then rent out at 4.5% yeild…………There’s going to be trouble ahead
uncle tom says:
As the lenders compensate and compensate to keep the BTL fools rushing in and the market afloat, the market is becoming more and more interest rate sensitive.
Incredibly short sighted – it will all end in tears!