Monday 13th November 2006
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.
©
Request FREE brochures from leading Real Estate Agents on properties abroad.
Enter your details once and we'll search over 15 online insurers.
Compare the Buy to Let Mortgage market with one simple quote form.
Powered by The Money Centre
Read the Know Your Money First Time Buyer guide to help you make the right choice for your new home.
Speak to an FSA regulated impartial mortgage advisor to discuss your mortgage options.
Read the Know Your Money Buy to Let guide to help you make the right choice for your new investment.
