Some of you may have seen a change in the Lloyd's group policy announced late on Friday. See below, and then see what our thoughts are on this, and what you need to do this week:

"We are writing to let you know about some changes we are making to our Buy to Let proposition. Like any lender, we constantly review our offering and make changes where appropriate.

From 25 September, Buy to Let property portfolios will be limited to a maximum of three properties, or Ł2m worth of lending (whichever is exceeded first), across Lloyds Banking Group. At the same time, Buy to Let products will no longer be available via intermediary channels through either the Cheltenham and Gloucester or LTSB Scotland brands.

These changes mean we will continue to support the vast majority of landlords through our leading specialist Buy to Let brand, BM Solutions, helping to ensure that we are providing a competitive and appropriate proposition.

The changes will be effective from close of business on 24 September.

Pipeline applications will be honoured but any subsequent changes will be assessed under our new policy.

Thank you for your continued support.

Peter Curran

Head of Intermediary Distribution, Lloyds Banking Group"

What does this mean for you?

Well, if you rely on, or like to use Birmingham Midshires for your buy to lets, and if you have between 2 and 8 mortgages currently with them, you need to make the most of this week! ie if you currently have 5, then this week is the last chance you will have to get a 6th, 7th or 8th mortgage with them!

We have deals that fit perfectly with BM in Scotland, Hull, Wales and Liverpool - if you are keen to see all the deals, or area specific deals that will fit with BM, just fill in your details here Please email me all deals that fit with BM! or call your Portfolio Development Manager here in the office on 0115 9853969. Our mortgage brokers are ready and waiting to assist with any mortgage queries as well.

Which other lenders can I use?

There are still plenty of other lenders out there, with Natwest, TMW, who now offer up to 80% LTV, and Aldermore, who opened for business this year on buy to let, all very busy. However you definitely want to make sure you maximise your quota with BM if you can - so let's make the most of this week!

Fill out your details or drop us an email with any questions, or call us on 0115 9853969 - this should be a busy week!

Alan Forsyth (Managing Director).