Buy to Let News
SourceLet is offering letting agents and landlords the opportunity a free trial of its referencing service worth up to £400.
Shawbrook Bank has appointed Reading-based brokerage Commercial Mortgage Desk to its Strategic Partner programme.
Keystone Buy to Let Mortgages has reduced its fixed rate prices just two months after introducing its Classic and Premier Ranges.
Santander for Intermediaries has launched a fixed 5-year buy-to-let mortgage, while also reducing a range of its other products for landlords.
The government has pledged over £35m to clamp down on social housing and tenancy fraud,
Tenants struggling with late rent have made significant progress in the last twelve months, the latest Tenant Arrears Tracker by LSL Property Services has revealed.
The Mortgage Works is to remove upper age limits at term maturity on its buy-to-let mortgages.
Self employed landlords will be able to apply for buy-to-let mortgages through Santander for Intermediaries later this month.
Letting out properties due to not being able to sell is getting rarer, research from the Association of Residential Letting Agents revealed.
Paragon Mortgages has called on the government to allow buy-to-let property to be included in pension schemes.
The National Union of Students has called for regulation of letting agents as well as an end to letting fees to help students budget by knowing the overall cost,
Specialist lender, CHL Mortgages, has revealed a continuing fall in arrear levels throughout 2013 for its buy-to-let mortgage book.
Mortgage industry veteran Paul Howard is to retire as managing director of Castle Trust in May when his contract expires and will be replaced by a sales director,
Teachers Building Society has launched two new buy-to-let deals and lowered the rate on its Help to Buy product.
Virgin Money has increased its maximum LTV from 70% to 75% on a new range of buy-to-let products.
Landlords in Scotland benefitted from a rise in average advertising rents in February, Move with Us data has revealed.
House prices in England and Wales climbed to a new record high of £257,951 in February, the latest LSL House price index for England and Wales reveals.
Landlords are reporting that the incidence of void periods are falling, which is good news for the wider private rented sector.
Connect Mortgage Club has relaunched its website to include more tools and services for brokers.
Landlords like to stick with what they know and stay in touching distance to their rented properties, Countrywide Residential Lettings has revealed.
Precise Mortgages has launched a buy-to-let lifetime tracker product for landlords as an alternative to 2-year mortgage deals.
Shawbrook’s commercial mortgages division is launching a range of larger loans products in response to the flourishing buy-to-let market.
Connect Mortgage Club and Precise Mortgages are launching two buy-to-let products together.
Buy-to-Let continues to be a popular investment choice, as well as a source of passionate discussion, which was evident at the second Paragon Buy-to-Let Debate held last week in Westminster,
Landlords in the City of London are collecting £1,059 more each month than in January 2013 as asking rents increased (31.43%) to an average of £3,369 per month.
Brokers are looking forward to an expected increase in buy-to-let business following an encouraging final quarter of 2013, research by NatWest Intermediary Solutions reveals.
TBMC has launched two exclusive buy-to-let mortgage products with the Hanley Economic.
The number of tenants aged over 30 increased by 6% in the year up to January 2013, research by Countrywide Residential Lettings revealed.
A third of landlords are looking to expand their rental portfolios in the next 12 months, the latest BM Solutions / BDRC Continental Landlord Panel research reveals.
Masthaven has launched a 70% LTV buy-to-let product at 9.85% targeted at customers struggling to meet buy-to-let criteria.
Income requirements are still key when assessing whether buy-to-let customers should be eligible for the loan, says David Whittaker, managing director of Mortgages for Business,
Source Insurance has added RSA to its Landlord Insurance Panel.
Specialist lending packager Complete FS has called on lenders to review their insistence on minimum income requirements when assessing clients for funding,
Tenants should not to be tempted to overstretch their budgets amid reports that more and more letting agents are turning to high pressure tactics to rent their properties, Landlord Assist has warned.
Specialist lender Paragon Mortgages saw an increase in mortgage lending of 207% during 2013 as it lent a total of £140.2m.
The UK rental market ended 2013 strongly with the average asking rent peaking at £986 per month in November at a time when rents typically dip due to the beginning of the festive season, the latest Move With Us Rental Index has discovered.
Annual rent rises have halved over the course of 2013, according to the latest Buy-to-Let Index from LSL Property Services plc, which owns the UK’s largest lettings agent network, including national chains Your Move and Reeds Rains.
The Mortgage Works is introducing five new buy-to-let products for both first time and experienced landlords.
Shawbrook’s Commercial Mortgages has launched a short-term heavy refurbishment product.
The Association of Residential Letting Agents has appointed David Cox as its new as managing director designate.
Santander for Intermediaries adding a remortgage cashback element to all buy-to-let products with free valuation and £250 cashback paid on completion.
Mint Bridging has become the latest associate lender to join the Associate of Bridging Professionals.
The number of tenants in severe arrears – more than two months behind – rose by 3.4% in the final quarter of 2013, the latest Tenant Arrears Tracker by LSL Property Service has revealed.
Specialist buy-to-let lender Mortgage Trust has launched a range of limited quota products available exclusively in January only.
The rental price gap in London grew to £4,411 in 2013 as it increased by £218 year-on-year, the latest Move with Us Rental Index has found.
Many people will be gearing up to host festive get-togethers over the Christmas period, but those who rent need to make sure they remember their responsibilities or risk an unwanted present this year.
Countrywide invested £24m in the UK rental market in 2013 snapping up 28 lettings businesses – more than two businesses per month.
Kent Reliance is launching a buy-to-let light refurbishment 2-year discount product at 4.49% to allow professional landlords to upgrade a property and realise the increased value.
Kent Reliance has scrapped with its minimum income requirement and will now to assess the suitability of cases on rental income alone.
Santander for Intermediaries has announced changes to its buy-to-let lending criteria.
Figures from the latest Rent Check report, produced by BDRC Continental and Allsop LLP, show that Britons are increasingly at home with renting rather than buying their home.