Category: Buy-to-let

First-time buyer mortgages rose by 2.8% year-on-year in October.

This addition aims to strengthen PMS and Sesame’s buy-to-let and bridging finance panels for advisers.

Kate Davies, executive director of IMLA, said that housing needs to be given a more enhanced status.

Figures within the industry were relived the Conservatives won the election yesterday.

The Conservative government gained a majority vote in yesterday’s General Election, and have promised to strengthen the rights of good landlords to repossess properties when they have good cause to do so.

Fleet Mortgages lends to individuals, limited companies and those with HMO or multi-unit blocks.

Brokers said that more landlords are looking at short-term lets but these cases are harder to place.

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And the majority of these landlords plan on using a broker.

He said that the government must deliver the number of homes the country needs and it must support landlords.

This follows the RICS Residential Market Survey predicting with tenant demand continuing to increase this will cause rents to rise.