Category: Buy-to-let
CIA Landlord outlined that landlords in Brighton make £571.85 profit per month.
The data from Aldermore also showed that 22% of renters are experiencing unexpected rent increases.
West One Loans’ buy-to-let division has launched with Legal & General Mortgage Club.
The shariah-compliant challenger bank withdrew its range at the end of March 2020 as a result of COVID-19.
L&G Mortgage Club members will now have access to Octane Capital’s buy-to-let products and its full ‘product-less’ proposition, covering bridging, refurbishment and developer exit loans.
LendInvest has launched its first online broker conference which will be running on 26 January.
It is vital that the market remains sensitive to the situation of tenants according to Elisabeth Kohlbach, co-founder of real estate investment platform Skwire.
The average rent for larger properties across the UK continued to rise faster into the last quarter of 2020, according to the Deposit Protection Service.
Despite a small reduction of 27 products since the start of this month, at 1,976, overall BTL product availability is still at the highest level seen since March 2020.
An estimated 43% of new tenants in Prime London were from the EU in 2020, according to London Central Portfolio (LCP).