View more on these topics

Leeds & Holbeck new BTL mortgage

Leeds & Holbeck Building Society is launching a five year buy to let mortgage aimed specifically at existing landlords wishing to remortgage existing properties in their portfolio.

The loan tracks Bank of England base rate plus 1 per cent, making the current rate 5.75 per cent. It comes with a free valuation and free use of the Societys legal service for remortgages.

L&H head of marketing Karen Wint says: “The product sits well in the market. With the current view that we are at the peak of the interest rate cycle, it could well mean a reduction in the rate is on the cards in 2005.”

Recommended

Halifax comments on depolarisation

Halifax press officer Paul Fincham says: “Halifax will continue to offer its own products through Halifax advisers in Halifax and Bank of Scotland branches. Where our product range can be improved by offering another provider’s products we may consider doing this, but only if the products can offer our customers the best possible value.”

The Great British Break-Off

Despite predictions that a vote to leave the European Union would result in an economic apocalypse, UK equities have shown the market equivalent of a stiff upper lip: bouncing back, keeping calm, and carrying on. Although the road towards Brexit remains clouded in uncertainty, UK equities offer a range of opportunities to investors seeking returns […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment