Buy-to-let mortgage terms extended

These really are crazy times we are living in, a leading buy-to-let mortgage provider has made it possible to obtain a mortgage irrespective of your age. The leading provider will lend to a prospective investor up to the age of 105 years old. What seems to be really strange is that if you want to buy a house just for yourself and need a mortgage the loan has to be repaid by your 75th birthday.

Potential future rate rise fails to put off the buy-to-let market

Even though 50% of investors are expecting interest rate rises in 2015, the buy-to-let market is set to grow again according to a buy-to-let survey recently taken.

A research pole taken amongst landlords found, while the majority expected an increase in rates, 40% believed interest rates would rise by less than 2%.

Buy to Let Priorities

This is a growth area for investors as more people see the buy-to-let market a sound option for the future. Traditional forms of investment such as banks and building societies are still producing poor returns so investors are looking elsewhere.

Buy-to-let borrowers going for shorter-term fixes

Research has shown that during the final quarter of 2014 property investors are favouring two-year fixed rates. Complete cases have nearly doubled since the start of last year, up to 23% from 12% in Q1.