So: another rate cut and another week of little movement by the buy to let mortgage lenders.

Whilst during last year the costs of buy to let mortgage products and residential mortgage products were quite close, it has become apparent that as residential rates are reducing, buy to let’s really aren’t. I'm sure this says more about the current perception of buy to let mortgages by the lenders rather than anything else.

One of our last 80% buy to let lenders have now withdrawn their products (Bath building society) - no doubt weighed down by the sheer volume of enquiries/business. A new 75% LTV entrant has come back onto the market - Shepshed building society - but they are following the trend in that they are very conservative (only allow one property per client) and will not deal with anyone who earns their income through property rental.

HELP for the week.

There’s no tip this week but a request from me for help.

I've set up an online debt management system which allows me to register professional investors as introducers. I'm looking for investors to help test drive this new system.

Who am I looking for? The type of people I'm looking for are investors who come into contact with people who could benefit from some kind of debt management advice.

How does it work? The system allows you to register the client, liaise with the debt management team and of course receive a commission for the referral should the client enter into a debt management plan. The system allows you to case track your referrals and keep a running total of fees earned.

Based on the previous 3 months the average commission per case to the introducer is approximately £450.

This is already being used by some of our active investors and its a great income opportunity for you if you are coming into contact with these types of people on a daily basis anyway.

Please send me an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call me direct on 07974 198 396 and I'll let you know how it works.