Category: Buy-to-let
Around this time last year Chris Borwick and Andre Bartlett left SPF Private Clients to launch Capital B and in the first year completed £50m from a standing start.
Howsy analysed data from the ONS on the well-being score of each area of the UK before dividing this by the cost of renting in each area to see where offered the lowest rental cost for every positive point of well-being.
The Which? Financial Services operation sent out a note to its key partners today, which has been seen by Mortgage Introducer.
The typical rent in the region increased by 4% in the year to April, reaching an average of £641.
In England, private rental prices grew by 1.2%, Wales experienced growth of 1.1%, while in Scotland private rental prices increased by 0.7% in the 12 months to April 2019.
These findings are seen as a result of government’s plans to end of Section 21 repossessions, under which landlords can repossess properties on grounds such as rent arrears or anti-social behaviour.
Buy-to-let business dominated new mortgage lending, up by 17% to £788m, benefiting from Paragon’s focus on professional landlords with larger portfolios.
Sedgwick said education is needed to help brokers understand specialist areas. Vida provides webinars, workshops and regional blogs by key account managers.
The bank, which is celebrating its 15th anniversary this year, is offering customers a variable rental rate of 3.89%, and a fixed rental rate of 3.99%.
The proposition includes flexible criteria points, rates for non-traditional tenants and landlords and complex properties and is available for individuals, professional landlords and limited companies.