Monday, July 16, 2007
After the BTL craze… the LTBs are here!
More homebuyers are switching to a "let to buy" home loan to allow them to keep their existing property while buying a new one. Broker My Mortgage Direct reports a sizeable increase in the number of people using this type of mortgage over the past six months. LTB allows people to trade up to a new home and let their old one out.