FROM OTHER NEWS SITES

DAILY TELEGRAPH
'Friends and families' test to shame poor hospitals - Thu, 24 May 2012 21:19:29 GMT

'Friends and families' test to shame poor hospitals - Thu, 24 May 2012 23:01:22 GMT
Cannes 2012: Nicole Kidman hits the red carpet for premiere of The Paperboy - Thu, 24 May 2012 21:19:29 GMT
Jeremy Hunt and the secret BSkyB memo to David Cameron - Thu, 24 May 2012 21:00:14 GMT
New licensing rules for children on reality TV - Thu, 24 May 2012 20:55:45 GMT
Brawl erupts in Ukraine parliament over Russian language bill - Thu, 24 May 2012 20:47:25 GMT
Make the most of the sunshine - heatwave will give way to thundery downpours - Thu, 24 May 2012 20:40:48 GMT

FINANCIAL TIMES
Insults fly over troubled HP buyout - Thu, 24 May 2012 20:29:27 GMT

Insults fly over troubled HP buyout - Thu, 24 May 2012 18:29:53 GMT
Big European funds dump euro assets - Thu, 24 May 2012 20:29:27 GMT
Draghi chides Cameron’s call for ECB action - Thu, 24 May 2012 20:26:34 GMT
Stocks firmer but mood remains wary - Thu, 24 May 2012 20:39:44 GMT
Broker losses on Facebook put at $100m - Thu, 24 May 2012 23:58:04 GMT
Iran nuclear talks fail to make progress - Thu, 24 May 2012 21:03:24 GMT

BBC NEWS
BBC News - Business - Thu, 24 May 2012 10:04:29 GMT

BBC News - Business - Thu, 24 May 2012 10:29:35 GMT
Economy shrank more than thought - Thu, 24 May 2012 10:04:29 GMT
Eurozone downturn 'accelerating' - Thu, 24 May 2012 19:16:14 GMT
Hunt memo reveals BSkyB support - Thu, 24 May 2012 21:25:07 GMT
Head of Vatican Bank is sacked - Thu, 24 May 2012 23:00:58 GMT
Some holiday money rates 'unfair' - Thu, 24 May 2012 14:11:02 GMT
Free banking 'a dangerous myth' - Thu, 24 May 2012 14:05:15 GMT
 
 

486 BTL products available

There are 486 buy-to-let mortgage deals currently available, a 26% increase on the 386 available last February, figures from Moneyfacts reveal.

Yuan Phoon, 1 February, 2012

The average interest rate for Buy-to-let deals is currently 4.79% down from the average of 5.00% from February last year and 5.31% from February 2010 when there were 243 deals available.

As the availability of buy-to-let deals has increased, the average interest rate has declined.

Louise Holmes, spokeswoman for Moneyfacts, said: “These latest figures, particularly a reduction in the average rate, should make pleasing and encouraging reading for landlords and property investors.

“During the peak of the credit crisis the number of buy-to-let deals shrank considerably as lenders saw it as a high risk area of the market.

“Many aspiring homeowners have had their property dreams dashed due to strict lending criteria and large deposits, meaning the only option left is to rent.

“This increase in demand for rental properties has resulted in a degree of competition returning to the buy-to-let sector, giving it a well-needed boost.”


More News

1st Group receives six-figure equity investment
Rents rising as demand strengthens
SPECIAL FEATURE: When quality matters
Your Comments
0 Comment(s)

Have Your Say

Loading