Category: Buy-to-let

The changes come into force from 12 August. The portfolio limit will remain at 10.

All products are available exclusively for properties purchased with the intention of letting for holiday purposes.

Product highlights include rates from 3.39%, up to 80% loan-to-value.

The provider of inventory services said there is currently widespread confusion relating to the new legislation.

The calculator will provide maximum lending amounts, in seconds, from over 75 buy-to-let lenders.

Strengthening price signs might be drawing buyers back to the market, with sales activity up 21.4% compared to the previous quarter.

For purchasing landlords, there’s a 5-year fix with a rate of 2.42% at 60% loan-to-value (LTV).

The RLA has argued that a simple airline ticket with a passport does not meet the threshold.

The act will ban tenants from being charged for receiving an inventory, exit fees, an accompanied viewing, signing a contract or renewing a tenancy.

In an analysis of HMRC’s Residential Stamp Duty Land Tax (SDLT) statistics, LCP found there were 253,400 transactions in Q2, 2.9% less than that from the previous year