The Post Office has withdrawn a number of buy-to-let mortgage products.
The lender emailed brokers to let them know that it will no longer be offering a number of deals from 11am on Thursday 10th September.
The withdrawals include products based on an income cover ratio including a 60% loan-to-value (LTV) deal, which was available on a two-year fixed rate basis, starting from 1.34%.
A range of five-year fixed rate deals starting from 1.68% have also been pulled.
Post Office also recently withdrew equivalent products in its ‘top-slicing’ range, which factor in landlords’ personal income.
Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.
The Post Office has announced that it has withdrawn a number...
Post Office Money has launched a new range of buy-to-let mortgages...
Investing in the buy-to-let sector is one of the most lucrative...
The locations that saw the biggest house price increases in the...
The vast majority of tenants are unaware of new laws introduced...
Despite the recent tax crackdown, buy-to-let continues to look an attractive...
The property market had enjoyed a boost thanks to the outcome...
There wasn’t much by way of good news in the Spring...
Twenty twenty-four is a pivotal year for landlords in the Private...
National Landlord Investment Show has announced that the former Leader of...
The management of BTL properties, whether it's a modest collection of...
A council has prosecuted a landlord for letting out two HMOs...
The Labour-led government in Wales has issued a consultation proposing the...
Another council is looking for landlords with rental properties to match...
Another council is looking for landlords with rental properties to match...
.png)
Landlords and renters’ activists are at either end of the spectrum...
A prominent lettings sector expert is blaming the media for anti-landlord...
Who are you and what does it say on...
Who are you, and what does it say on...
Who are you? I am the Head of Broking for...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment