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Category: Buy-to-let

btl

Aldermore adds to BTL range

Aldermore offers assisted legal fees, free valuation and no funds transfer fee on remortgages for individual and company landlords with single unit products, alongside free legal fees for individual landlords.

rental yields btl

Foundation Home Loans has re-released its BTL product range, with fees reduced by up up to 1%, and rate reductions of up to 0.25%. 

mortgages rates

Steve Cox, chief commercial officer at Fleet Mortgages, said: “Activity levels within the buy-to-let sector continue to strengthen and we are very pleased to be able to announce these price cuts across our 2 and 5-year fixed rates for all three ranges.”

pet friendly homes

Tim Bannister, director of property data at Rightmove, said: “The rise in pet ownership during the lockdown periods has been well documented, and we’re seeing this translate to the rental market.”

tax money cash buyers profit

To date, the intermediary-only lender has used a threshold of £45,000 to determine whether an applicant is a higher or lower rate taxpayer.

trussle deposits value

In total, 42% of landlords reported that they have seen demand increase for their properties in the past 12 months.

The F4B Network plans to continue to assemble a lending panel consisting of mainstream, BTL, specialist and short-term finance lenders, plus protection and general insurance (GI) providers.

epc ratings

According to the poll of around 750 landlords, more than a third (35%) say they are not confident they will be able to bring their properties up to the required energy efficiency standard.

seaside holiday let coastal

Notable products include a 60% loan-to-value (LTV) 5-year fix at 3.40%, and a 75% LTV 5-year fix at 3.99%, both with a £999 fee.

cut rates

The lender has cut rates on its residential and buy-to-let mortgage range by up to 1.87% across all products.