Buy to Let
Jul 22,2010
An expert has said that buy-to-let mortgages should be easier to gain as interest rates have been maintained.
An expert has said that the Bank of England's decision to maintain interest rates at the level of 0.5 per cent should mean that the country's buy-to-let mortgage sector remains "stable and relatively affordable".
According to Chris Horne, editor at Property Hawk, Britain's home credit market has now recovered from the lows seen throughout 2009 and there are now more products available for people to compare savings.
Because of the fact that the Monetary Policy Committee opted to keep the base rate at the same mark for the 16th month in succession recently, finance for landlords looking to buy-to-let should be relatively easy to secure, the analyst added.
Recent research by Upad - which was published last week (July 12th) - showed that 60 per cent of landlords in the UK are now more confident about the state of the industry than they were previously last month as the country continues to emerge from the global economic downturn.
http://www.investalist.co.uk
An expert has said that the Bank of England's decision to maintain interest rates at the level of 0.5 per cent should mean that the country's buy-to-let mortgage sector remains "stable and relatively affordable".
According to Chris Horne, editor at Property Hawk, Britain's home credit market has now recovered from the lows seen throughout 2009 and there are now more products available for people to compare savings.
Because of the fact that the Monetary Policy Committee opted to keep the base rate at the same mark for the 16th month in succession recently, finance for landlords looking to buy-to-let should be relatively easy to secure, the analyst added.
Recent research by Upad - which was published last week (July 12th) - showed that 60 per cent of landlords in the UK are now more confident about the state of the industry than they were previously last month as the country continues to emerge from the global economic downturn.
http://www.investalist.co.uk