At Last, UK buy to let mortgages are back

May 10, 2010 - PRLog -- Landlords across the UK are given hope after UK mortgage lender The Mortgage Works (TMW) launches an exciting range of Buy to Let mortgages lending upto 80% of a properties valuation according to mortgage portal http://www.obligo.co.uk/ .

The new mortgage product is aimed at landlords wishing to either remortgage an existing buy top let property or those wishing to invest in a new buy to let purchase.

According to Chris Gardner of Obligo buy to let is a good indicator of the overall trend in mortgage lending. He said “Buy to let was the first of the main mortgage markets to fold under the pressure of the credit crunch. With TMW taking the lead and upping the loan to value ratio to 80% is a good sign that competition may be returning to the market, and more importantly it’s a good sign that lenders may once again have an appetite to lend.”

All TMW mortgage products are available through the Obligo.co.uk, mortgage expert service.

Consumers can obtain more information about buy to let mortgages and property, including free tools, calculators, property values and information from Obligo .co.uk.

For buy to let related articles from obligo.co.uk check out http://www.obligo.co.uk/grapevine.html


Obligo limited Publishing Guidelines

Permission is granted to publish all or part this article electronically in free-only publications, like websites or e-zines, commercial or non-commercial (print requires a permission) as long as the resource box is included without any modification. All links must be active. A courtesy copy is requested on publication to chris.gardner@obligo.co.uk.


Article Title: At Last, UK buy to let mortgage are back

Authors URL:  http://www.obligo.co.uk

Author Name: Chris Gardner

Contact email: chris.gardner@obligo.co.uk

Author Blog: http://www.obligo.co.uk/blog


Resource Box must be included

About the author:

Chris Gardner (chris.gardner@obligo.co.uk.) is a director of Obligo, the UK mortgage and property portal. Obligo provide consumers with free tools and information helping them to make well informed mortgage and property decisions.

Read more about Obligo, other mortgage and property related articles at http://www.obligo.co.uk/grapevine,for free mortgage tools and information go to http://www.obligo.co.uk


About obligo
Obligo is a new mortgage business based around a revolutionary concept that will provide consumers with tools and information about UK mortgages, whilst retaining a human aspect to case underwriting and application management.

Obligo intends to change the way UK consumers approach mortgages. Obligo is a unique collaboration of information and resources from both the UK mortgage and property markets.

Features that have recently only been available through websites and entities are collectively presented to the consumer in a simple, easy and effective manner.

Real-time house price information, automated property valuations (AVM), consumer guides,market analysis and expert market commentary is available together with industry leading mortgage calculators and application tracking systems.

Obligo Ltd is a privately held company with a highly experienced and proven management team with proven track records in start-up aquisitions and sales in the mortgage and other sectors.

The founders have set a course in the changing world of financial services to deliver transparency and efficiency to the UK mortgage market .
for more information email chris.gardner@obligo.co.uk

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Obligo is a free to use consumer website for UK mortgages. Obligo provides free property valuation, mortgage tools and access to mortgage experts. obligo engages with consumers and empowers them to make well informed mortgage and property choices.