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Category: Buy-to-let

changing property needs

The intermediary-only lender is reducing all rates across its 80% loan-to-value (LTV) range by 0.20%.

Rates start at 2.95% for landlords looking to switch to a new product, while further advance fixed rates start at 3.40%.

Moises Cruickshank will now oversee all of Keystone’s business managers, as well as supporting London brokers with their complex BTL cases.

Lendco’s existing book of buy-to-let, bridging and refurbishment loans will be migrated onto the Phoebus platform in Q1 2022.

rental voids

High demand for available properties in the South West saw a 21% drop in voids last month, with averages moving from 23 days to just 18.

btl search

Knowledge Bank said the increase in searches may be attributed to the end of the stamp duty holiday, with first-time buyers, who are largely exempt from stamp duty, now looking to capitalise on the reduced competition for new homes.

HSBC

HSBC cuts resi rates

Notable reductions include the 75% loan-to-value (LTV) 5-year fixed rate for remortgages, with a £999 fee, down by 0.05% to 1.59% and the 75% LTV 5-year fix FeeSaver for remortgage cut by 0.05% to 1.74%.

blueberry specialist lending

All the new starters will be working in bridging finance, buy-to-let, second charge and later life lending.

Stella Brookman fleet bdm

Brookman has joined with immediate effect, and has over 30 years’ experience working in financial services.

scotland scottish

The plans also include minimum standards for energy efficiency and could give tenants greater flexibility to personalise their homes and keep pets.