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Category: Buy-to-let

Rising rents hit record high

This is according to the latest buy-to-let index from LSL Property Services. In September, UK rents rose to £689, surpassing those seen in August 2008,…

Paragon’s Financial Adviser Confidence Tracking report, a panel-based survey of intermediaries, found that, on average, buy-to-let accounted for 17% of mortgage intermediary business during the…

The changes to existing products: Two-year fixed rate buy-to-let mortgage, reduced from 4.99% to 4.79%, 70% LTV and with a 2.50% fee. Two-year fixed rate…

The new product is aimed specifically at borrowers who believe that interest rates will remain at their current low level for the immediate future. The…

BM Solutions cuts BTL rates

A statement from the lender said the reductions were part of business as usual and affected both the buy-to-let and “House 2 House” product ranges.…

It is the first time the lender has lent any money since February 2008 and John Heron, managing director, said he was pleased with the…

The move is in a bid to show the authorities that the market is capable of self-regulating. The CML invited the landlord trade body to…

The campaign, backed by the Residential Landlords Association, the Southern Landlord Association and Mike Weatherley MP, endeavours to drive for speedier court action for landlords…

NLA joins UKALA

Members of UKALA, which represents more than 500 letting agents, voted at their Annual General Meeting to establish professional links with the NLA. David Salusbury,…

Letting agents from across the UK have reported a significant shortage of available rental properties as tenant demand far exceeds supply. Ian Potter, operations director…