New buy to let home loans eschewed

Landlords are not taking advantage of new loan-to-value rate mortgage. While some lenders are allowing potential landlords to mortgage higher percentages of the value of their property than ever before, few are using this availability, according to Mortgage Trust’s April 2005 Buy-to-Let Intermediary Forecast. In fact, almost two landlords in three said that they find no use for the higher LTVs available, preferring to borrow no more than 85 per cent of the value of a property. And 94 per cent o