Buy-to-let Mortgages
Buy to let: stacking up the numbers
Alan Longhorn, head of distribution, sales and marketing at Bank of Ireland for Intermediaries, discusses opportunities in the BTL space.
ICRs
Buy-to-let Mortgages
Suffolk Building Society introduces a new 125% ICR tier
A new 125% ICR on the stress rate has been introduced for basic or nil-rate taxpayers.
Buy-to-let Mortgages
Quantum Mortgages launches 100% ICR product for mortgage prisoners
Available on the lenders single unit and multi unit ranges, up to 70% LTV, the product allows borrowers with a 2-year clean repayment history to refinance
Buy-to-let Mortgages
United Trust Bank eases criteria on passing rent for buy-to-let finance under ICR pressure
UTB will now accept passing rent figures from landlords that are up to 10% higher than those verified by a valuer.
Buy-to-let Mortgages
Santander increases ICR calculations across buy-to-let
The lender will be increasing its BTL standard rate from 7.59% to 8.52%, while its 5-year fixed will jump up from 6.09% to 7.02%.