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The Telegraph - Lending war delivers Britain's lowest ever buy-to-let mortgage

Aaron Strutt Image

An escalating price war between buy-to-let mortgage lenders means landlords can access sub-1% mortgage ratses.

The Mortgage Works, the specialist arm of Nationwide Building Society, has launched a two-year fixed buy-to-let mortgage at a rate of 0.99pc.

Aaron Strutt, of mortgage broker Trinity Financial, told the Telegraph increasingly cheap mortgage rates, have tempted landlords who were considering leaving the market to stay.

"When lenders lower their residential deals they often improve the buy-to-let pricing, meaning mortgages for landlords have been getting more competitively priced," he added.

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sunday times telegraph financial times bbc news the express the times
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