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Welcome to MFB-TV on Tuesday 4th January 2011 and happy New Year to all of our viewers.
Straight off the blocks this month is a report from the Council of Mortgage Lenders predicting
that mortgage volumes will remain the same as in 2010 but most critically buy to let
activity will pick up by more than 20 per cent and they expect over £11 billion pounds
of lending this year.
We’ve seen evidence of this already with two new fixed rate products out today: a two
year fixed at 4.99% or a three year fixed at 5.19%.
No arrangement fee, no valuation fee just a booking fee of £350 with the application.
We expect more such offers from lenders in the coming weeks as they seek to place their
marker on the market early in this year.
So if you’re not already on our database for updates, get yourself logged in now. Alternatively
call one of our brokers on 0845 345 6788.