Without doubt the biggest news this week is about the reorganisation within the Lloyds Banking Group. For those of you that haven’t read any news in the last couple of days, here’s what it means for buy to let mortgages:

1.        BM Solutions (or Birmingham Midshires as it’s also known) will be staying, hurrah!

2.        Cheltenham & Gloucester are closing all their branches and their mortgages will only be available via brokers.

3.        From the 1st of July, Bank of Scotland will no longer offer mortgages (but later in the year will offer Bank of Scotland branded mortgages on the high street)

4.        Intelligent Finance will stop offering mortgages and instead their offset mortgage will be available via Scottish Widows.

What does this mean to you? Well, my opinion is simple – BM Solutions are without doubt the best buy to let lender when it comes to efficiency and service, and therefore it is good news that Lloyds have decided to keep the brand alive. The benefits to you the investor are that you still have access to a lender who can get you buy to let mortgages quickly and still at 75% loan to value.