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RBS slashes BTL rate

Royal Bank of Scotland Intermediary Partners will be cutting the rate on its NatWest buy-to-let two-year fixed rate mortgage to 5.35% from 5.74%.

The bank has also raised the LTV on interest only buy-to-let mortgages to 85% from 75%.


Landlord culture attracts younger generation

Nearly 26% of new investors who own just one buy-to-let property are aged between 26 and 35, latest research from Mortgage Trust reveals.This age group also makes up 16% of all buy-to-let investors with up to three properties, compared to 14% six months ago. John Heron, managing director, says: Traditionally buy-to-let has been perceived as […]

C&G staff are being let down by their management

Oh what a circus, oh what a show. Recent letters (Mortgage Strategy March 12 ) regarding Cheltenham & Gloucester’s service shambles only scratch the surface. You have no idea just how much of a disaster zone the company is under Lloyds TSB directors John Pain and Mike Mitchell. They have taken a once great organisation […]

Multi-lender cascade system

Lendersonline, the first multi-lender cascade system to integrate Equifax credit search, has been released by the Loan and Mortgage Processing Centre. The system has a panel of 14 lenders. Of these, half will be able to accept direct business by allowing Lendersonline to submit cases direct to lenders.


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