Category: Buy-to-let

Castle Trust has recruited Rebecca Mackenzie as a business development executive to provide brokers with specialist telephone support.

The cost of a 60% and 70% 2-year tracker buy-to-let mortgage is 2% higher than three months ago, while a 60% LTV 2- year fixed at a current rate of 1.84% now costs 1% more than in August.

Currently 29% of deals have a cashback incentive, amounting to 1,459 products.

Brailsford who joined Pepper in 2016, will manage a team of regional development managers, who will be tasked with supporting brokers to grow their business by helping more clients with specialist circumstances.

With many tenants paying more than half their salary in rents, Generation Rent has incurred a £30bn increase in the rent bill this last decade, Auto-switching service The Labrador has found.

Private landlords have to wait an average of over five months to regain possession of a property when applying to the courts, figures from the Ministry of Justice show.

They will now be able to access Together’s first charge and specialist buy-to-let mortgages through the lender’s online portal, My Broker Venue (MBV).

Tommo, as he was affectionately known to friends, co-founded The Mortgage Lender and had a prominent role at Mortgages PLC.

The lender saw new mortgage lending rise by 11% to £1.6bn, while its traditional buy-to-let lending was up by £96m to almost £1.5bn.

This expands the accessibility of its buy-to-let mortgage range to even more brokers nationally.