I knew this day would come. REAL buy to let mortgages are on the way back. This lender is making a B-line for the mortgage market in a very unsubtle way and I love it!
Have a look at their terms:
I am going to make a call to them to see if they employ the 6 month rule as I have a hunch they do not. If this is the case then this will explode for professional landlords as we will be able to do a bridge and remortgage no money down deal.
I will keep you informed.
Posted on: 28th Jan 2009