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Buy-to-let lending shows resilience

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  • Buy-to-let lending shows resilience

    The Council of Mortgage Lenders’ (CML) latest figures on new buy-to-let lending show a decline in volumes for the first half of 2008.In the six months to the end of June, 144,600 new buy-to-let loans were approved, down from 176,500 in the second half of 2007 and 169,500 in the first half of 2007. Birmingham [...]

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  • #2
    BM Solutions have just dropped their rates yesterday. You can now get BTL rates at 85% from 5.89%. If you don't need a high LTV you can get rates from 4.99%.

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    • #3
      I'm not 100% sure but it doesn't appear that the mortgage market is quite as bad as it (or the media) seems to make out? Could it be that most people aren't even making an attempt at getting lending, what with the negative sentiment about prices and the media storm about lack of funds?? anyone with practical experience.....
      Mark Donald
      www.Reports4Planning.co.uk
      providing more effective reports.......

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