Cheaper buy-to-let mortgages equal better cash flow and bigger profits
Property investors who worry about cash flow have received another boost recently. In an already competitive buy-to-let mortgage market, Leeds Building Society has announced a refreshed 70% loan-to-value range. It claims its new two-year fixed rate deal is the lowest on the buy-to-let market. It could signal a price war, with other lenders cutting rates to attract buy-to-let financing business. Great news for property investors.