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Category: Buy-to-let

Mark Lofthouse, CEO Mortgage Brain -

Although at the highest level since the lockdown began, product numbers are still 37.5% lower than pre-pandemic levels.

House Prices industry reacts

Nationwide’s House Price Index for June 2020 showed a year-on-year growth rate of -0.1%, the first negative rate in eight years.

Rental yields on residential buy-to-let properties stood at an average of 5.3% across England.

June house prices

June saw the first negative annual growth in house prices since 2012.

The NRLA said Generation Rent wrongly assumes that landlords are doing nothing to support tenants to stay in their homes where rent arrears are building.

The bank launched its new criteria to reflect that the government’s COVID Alert Level being reduced to Level 3.

Traditional investment options are still by far the most popular, but of the alternatives, property remains firmly at the top of the list.

Ipswich

The move comes after the society experienced “overwhelming demand” for the product as other lenders pull back from high LTV lending.

platform physical valuations

The move follows the reintroduction of physical valuations in England last month.

Photo: RickDeacon / Shutterstock.com

The ARLA Propertymark May Private Rented Sector (PRS) found that many landlords have chosen not to increase rents in an effort to recognise the financial difficulties facing many tenants.