Bank of Scotland withdrawing rates --- C&G news

UK007BullDog

Applications for the withdrawn products should be received by 5pm on Monday 3rd March.

It will be interesting to see what they are replaced with.



C&G have pulled all 90% plus products. Their FTB's now need a 10% deposit.

_Andy_

Shame C&G put that 1% ERC/3 years on the lifetime tracker this week, that was a great product.

Leon_W

Halifax are replacing the same day and have reduced their maximum loan to value to 95% from 97%.

poppy10_2

Woolwich has withdrawn its 85% LTV BTL mortgage, and increased the rate and fees on the 75% variety.

Leon_W

To be honest. I couldn't get the rent to stack up at 85% on any local (Bath)property anyway ! so no great loss.

UK007BullDog

Are there still any 100% BTL mortgages about? I have not seen any for a while now.

123oleary

nevermind btl i think all 100% deals have now been pulled

SouthCoast

And with valuers deciding that they should read their "Red Book"................

CRUNCH.

Datasafe_2

RIP BTL its been far too long coming.

_Andy_

123oleary wrote: »

nevermind btl i think all 100% deals have now been pulled

That's not the case, if you're referring to residential anyway.

owitemisermusa

Datasafe wrote: »

RIP BTL its been far too long coming.

Hmm.......
BTW do you own a mortgage free property? You hate BTL and are eager for a crash......
BTL is here for a reason - to provide housing stock for pple who would rather not buy.

OWM