Sunday, Jun 11, 2006

Buy-to-let mortgage lenders relax lending criteria

FT.com: 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 (544 views)
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4 Comments

1. Johng said...

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.

Sunday, June 11, 2006 09:32PM Report Comment
 

2. Btloptingout said...

Borrow at 5.25% to then rent out at 4.5% yeild............There's going to be trouble ahead

Sunday, June 11, 2006 10:56PM Report Comment
 

3. uncle tom said...

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!

Sunday, June 11, 2006 11:22PM Report Comment
 

4. This comment has been removed as it was found to be in breach of our Blog Policies.

 

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