The remortgage lending criteria has eased up a bit and many homeowners who expected to be shut out of an opportunity to grab a great remortgage deal are getting approvals.  This is all the more pleasant due to the attractive deals being had in the current competitive environment among lenders due to the recent drop in demand for remortgages.  To bring homeowners back, they have enlisted great incentives and more remortgage products.  Some fixed rate remortgages are in close proximity of trackers.

Not only are there better choices for homeowners seeking a remortgage but there are also better remortgage choices for landlords.  The buy to let market is in a current boom and that is not expected to change for many years.  Lenders are quite aware of the high demand for buy to let borrowing and they are hoping to take a chunk of the business for themselves by offering just what the landlord needs.  So, more and more remortgage products are coming to the table.  Some lenders have raised the limit age on a loan for a borrower up to 85. 

Landlords seeking a remortgage to free up cash, to get a better rate for savings, or to provide a means for adding to their portfolio will have better remortgage products to choose from and this is helps them provide more properties for those needing rental housing.  The household hoping to buy is having too hard of a time trying to save for deposits and to gain approval for a new buy mortgage.  The boom in the housing market right now is in the buy to let market and luckily for the landlords and those needing rental property, the lenders are providing the lending needed, especially in buy to let remortgages.