Buy to Let News
Specialist mortgage club The Buy-to-Let Club is to hold four buy-to-let events this Autumn to give brokers the knowledge to drive more and better business.
The number of available private rented properties rose in July, according to the Association of Residential Letting Agents.
The Residential Landlords Association has urged local councils not to roadblock developers seeking to convert empty office space into residential homes.
Fiona Heald, head of court of protection at Moore Blatch, explains why landlords need lasting powers of attorney.
Over a third of letting agents saw rent increases last month, the highest recorded this year, the ARLA June PRS Report reveals.
Aldermore has revamped its entire range of buy-to-let mortgages, launching new standard and specialist products and brought its residential and commercial buy-to-let ranges under one proposition.
Fierce competition for school places is driving parents to rent ever closer to the best schools, research from Countrywide reveals.
Keystone Buy to Let Mortgages has launched its New Classic Range with funding from peer-to-peer lending platform Landbay.
Keystone’s funding contract with Aldermore Bank has ended after a three years, originating close to £200m in loans.
Three-quarters of UK landlords don’t factor in the running costs they incur when measuring returns – a factor that can add up to over half of gross annual returns, research from Platinum Property Partners reveals.
Scottish Widows Bank has today launched an online mortgage product transfer facility paying a full procuration fee upon completion.
One in four landlords would consider using a lump sum from their pension to invest in property, with a further 24% undecided, research from BM Solutions shows.
Analysis from Equifax Touchstone shows that buy-to-let lending in Q1 2015 grew by nearly 20% year-on-year, outpacing residential lending which was up by 1.6%.
UK landlords expect annual rent growth to slow to 1.7% by next year, down from 3.7% currently.
Intermediaries are writing more mortgage business with longer-term initial rates, research by Paragon Mortgages has revealed.
Bank of Ireland UK’s fourth buy-to-let market index has found that thousands of people are poised to make the most of new pensions freedoms and use their pension pot in order to enter the buy-to-let market.
The average rental yield for a one-bed property across the UK is 5.9% compared to 5.3% for a two-bed, 4.7% for a three-bed and 4.0% for a four-bed property.
The Bank of England Trends in Lending report for April shows that the buy-to-let sector has continued to grow in 2015.
Paradigm Mortgage Services has announced its members have exclusive access to two buy-to-let products from Precise Mortgages which allow the borrower to have a limited amount of adverse credit history.
A comparative analysis of returns for buy-to-let and other major asset classes since 1996 shows buy-to-let was the best investment, returning just under 1,400%.
Complete FS, the specialist packager, is looking forward to a long association with Axis Bank UK, the new buy-to-let lender which has just launched.
In 2014 the number of first-time buyers rose to its highest level for seven years.
Over 400 of the UK's best estate and lettings agents, mortgage consultants and land and new homes operators celebrated their success at the prestigious annual Chairman's League Awards held in March.
Countrywide has increased its regional footprint by acquiring a further four lettings businesses in quarter one 2015.
The latest landlord research by Paragon Mortgages has revealed the average annual void period has dropped to its lowest level since 2002.
The Mortgage Works is to apply a reducing scale of early repayment charges to all new buy-to-let mortgages.
Foundation Home Loans launched its buy-to-let proposition today.
Kent Reliance has revamped its mortgage portfolio launching new five year fixed rate products, interest only products and cut rates and fees across its range.
Complete FS, the national specialist lending packager, is looking at a bumper year for the buy-to-let market in 2015 as pension changes bring new opportunities for brokers.
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.