Bradford and Bingley offers own buy to let mortgages

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High street bank Bradford and Bingley has announced it is to sell its own brand of buy to let mortgages.

Effective today, the bank has ceased selling mortgages from other providers in order to concentrate on its own buy to let and self-certification (self-cert) packages.

Mark Stevens, managing director of group strategy for Bradford and Bingley, said: "We have a lot of experience of the buy to let and self-cert markets."

"We expect the buy to let and self-cert markets to continue to grow due to the rise in the number of people choosing to rent," he added.

The new self-cert offerings make Bradford and Bingley the only high street bank to offer such a deal to self-employed customers, of which it says there are now four million in the UK.

Customers will also be able to borrow against sources of income other than their salary, the bank announced.

Bradford and Bingley says it has over one million shareholders and employs some 3,000 staff in its 205 branches across the country.

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