LETTING & ESTATE AGENT

Post Office to launch buy to let mortgages

Post Office to launch buy to let mortgages

A new range of buy to let mortgage deals have been launched by The Post Office and financial services partner Bank of Ireland.

A range of fixed rate offers will be on offer based on 60% and 75% loan to value over 2, 3 and 5 years – with certain products coming without an arrangement fee.

Head of Mortgages at the Post Office, John Willcock, said “"Post Office’s mortgage offering has gone from strength to strength since its launch.

"We constantly review our product range and move quickly to respond to customer demand and changes in the market. There has been a significant increase in the demand for buy to let mortgages in the last 12 months as more borrowers begin to consider the rental market.

"We are committed to offering all borrowers competitive mortgages that address their needs – whether they’re a first-time buyer, someone looking to move up the property ladder, or someone looking to take out their first buy to let mortgage."

Director of Martin & Co Huddersfield, William Taylor (Estate Agent Huddersfield, Letting Agent Huddersfield and Property Management Huddersfield) added “it is another positive sign showing more and more confidence in the returning property market. Speaking with local contacts there is a definite increase in activity.”

y to find their businesses destroyed and mortgages invalidated by the lack of insurance cover, leading to repossessions, empty homes and blighted communities.”

 

William Taylor, Director at Martin & Co Huddersfield (Estate Agent Huddersfield, Letting Agent Huddersfield & Property Management Huddersfield) added “I wholeheartedly agree with Mr Lambert and his thoughts. An added expense of council tax could be the tipping point for many landlords. I genuinely feel for the landlords, tenants and agents that have been affected during this terrible weather.”

 

Author: Will Taylor