In a shake-up of its
mortgage offerings at the start of the new year, Bristol & West
Mortgages has extended the end dates on its
buy-to-let mortgage range.
The
mortgage lender made these changes in order to bring its
buy-to-let mortgage range in line with the rest of its mortgage deals, reports Mortgage Introducer.
For all its buy-to-let mortgage offerings, the mortgage lender's new end date is April 30th. This has been extended from December 31st 2005.
Mark Howell, the head of marketing at Bristol & West Mortgages, says as "one of the key players" in the buy-to-let mortgage market, the mortgage lender is keen to continually refresh its mortgage products.
He told Mortgage Introducer that customers are offered a "straightforward" way into the buy-to-let mortgage market with the mortgage lender's "favourable" rental value calculation of 115 per cent.
Mr Howell also referred to the mortgage lender's "competitive" fixed
mortgage rate of 5.09 per cent over three years that is expected to appeal to potential borrowers.
Products in the mortgage lender's buy-to-let mortgage range offer maximum
loan-to-value of either 75 or 85 per cent.
