Buy to Let News
New buy-to-let and specialist lender Fleet Mortgages has completed on its first loan just four months after plans for the new business were revealed.
Barclays will now allow personal income to be accepted when assessing buy-to-let affordability.
Over three quarters of landlords don’t feel that banks are enough to support buy-to-let landlords, new research from PropertyLetByUs has found.
Coventry Intermediaries has become the latest addition to the Buy to Let Club’s panel.
Rental prices are 8.3% higher across the UK in November 2014, at £874 per month, compared to the same month last year when the average UK rent was £807, the November HomeLet Rental Index have revealed.
Metro Bank has launched a new portfolio buy-to-let proposition.
The launch of the UK’s first mainstream Residential Real Estate Investment Trust hit its £2.1m target on the SyndicateRoom crowdfunding platform within days of launch.
From today all existing 60% loan to value products from The Mortgage Works will be made available to customers up to 65% LTV.
Commercial Trust has made its previous director of operations Stuart Cunningham its new chief executive.
A panel of buy-to-let heavyweights at The Buy to Let Event yesterday concluded that hating landlords has become a popular pastime.
Fleet Mortgages chief executive Bob Young warned AGAINST so-called innovation in the buy-to-let sector yesterday,
The over-70s demographic are clamouring for buy-to-let properties, Aldermore key account manager Ed Brown told advisers at the Buy to Let Event at the Coppid Beech Hotel in Berkshire today,
Buy to Let Business managing director Ying Tan welcomed advisers to the club’s Buy to Let Event at the Coppid Beech Hotel in Berkshire this morning,
Mortgage Trust has updated rates across its fixed and tracker rate products.
Fleet Mortgages, the new buy-to-let and specialist lender, has launched its new website at www.fleetmortgages.co.uk
Tenants have rebuilt their financial position over the past year, with the total number facing serious rental arrears falling by 9% year on year according to the latest Tenant Arrears Tracker by estate agency chains Your Move and Reeds Rains.
Source Insurance has extended its reach in the landlord property insurance sector with the addition of Amlin to the panel.
The Skipton has refreshed its range of fixed rate buy-to-let products.
The value of property owned by landlords in the UK is set to break the £1 trillion pound barrier next year according the Kent Reliance’s inaugural Buy to let Britain report.
The latest landlord research from buy-to-let mortgage lender Paragon Mortgages shows that landlords are still experiencing high levels of demand during the third quarter.
The Association of Residential Letting Agents board has voted to accept that membership of the Property Redress Scheme.
Monmouthshire Building Society is increasing its procuration fees for buy-to-let, holiday lets and buy for uni mortgages.
BM Solutions is reducing its rates by up to 0.30% across its buy-to-let mortgage product transfer range.
Two buy-to-let heavyweights have defended the sector after GoCompare research revealed that 14% of adults blame buy-to-let landlords for the lack of affordable housing in the UK,
The government’s Rent to Buy scheme has received backing from housing professionals although several noted there may be ‘devil in the detail’ when it comes to the scheme’s implementation,
Despite the potential for mortgage rates to rise, the increasing number of tenants in the market and continued poor returns on savings is still tempting many into the buy-to-let market,
Rents have eased slowly up to reach an all-time record high as the rental market approaches its autumn peak according to the latest buy-to-let index from Your Move and Reeds Rains.
Rental demand is growing at the fastest rate in two years with five tenants now chasing each rental property, the latest Countrywide Lettings Index has revealed.
Coventry Intermediaries has launched a range of buy-to-let deals with rates starting from 2.99% at 75& LTV.
Landlord Assist, the nationwide tenant referencing and eviction firm, is concerned at plans to regulate part of the buy-to-let mortgage market at a time when there is a desperate need for more rental accommodation to satisfy growing demand.
Two thirds (64%) of renters do not consider if their letting agent or landlord is licensed according to a report from the Association of Residential Letting Agents.
Mortgage advisers expect buy-to-let and remortgage business to grow in the run up to Christmas following trends they have seen over the past few months.
Gross mortgage borrowing hit £10.9bn in July, up 16% on the same month last year, statistics from the BBA have shown.
UK rents increased 3.7% year-on-year with growth predominantly driven by outer London, the latest Countrywide lettings index has revealed.
Some 30% of private tenants deal only with their letting agent, research from Ocean Finance reveals.
The total value of buy-to-let loans increased by 5% to £2.2bn in June on a month-on-month basis, Council of Mortgage Lenders data has revealed.
The proportion of all buy-to-let remortgages handled by intermediaries in Q2 reduced by 6% over the past year, research from Paragon Mortgages has revealed.
Landlords are set to receive a letter from HMRC if they are suspected of not having paid enough tax this year,
Buy-to-let investors are being left out of pocket due to lack of research and poor planning, research from Platinum Property Partners has revealed,
Landlords should take stock of their portfolios now or risk losing out in the event of an interest rate rise, Steve Bolton, founder and chairman of Platinum Property Partners has warned.
Virgin Money has today reduced a number of rates across its residential and buy-to-let mortgage ranges.
Average rents in Greater London are now more than double those across the rest of the UK at £1,412 and £694 respectively.
The numbers of independently wealthy foreign student renters has been increasing, with their share of the sector doubling from 12% to 29% between 2006 and 2012,
Commercial Trust has launched a new buy-to-let product comparison tool for landlords.
Almost 100% of landlords report that tenant demand is currently stable or growing, a survey from specialist buy-to-let lender Paragon Mortgages found.
Barclays is cutting the rates across its 2-year and 5-year fixed rate range, writes Charlotte Lloyd.
Rents have risen at just 1.4% and tenant arrears have improved over the last 12 months, the latest Buy-to-Let Index from LSL Property Services has revealed.
The number of complaints from landlords and investors about the valuation they have received for their HMOs have seen a sharp increase, student property investment specialists The Mistoria Group has revealed.
Imposing lending restrictions on the buy-to-let mortgage market could have damaging consequences for landlords and the supply of rental properties, Landlord Assist has confirmed.
Appointed representatives of the Sesame network can now access a holiday let exclusive 5-year fixed-rate product via Leeds Building Society.
Precise Mortgages has improved the lending criteria on its residential and buy-to-let product ranges.