Category: Buy-to-let

Just a few days after its release, the song at one point topped the list of Amazon Music’s Movers and Shakers. It is available to download on Amazon, Google Play and now also iTunes. It’s also available on Spotify and streaming the song will help towards its chart position.

Teachers Building Society has launched a 2-year discounted variable rate holiday let mortgage for the purchase and remortgage of properties up to 75% loan-to-value.

Rents rose by 0.03% in November 2018 which, although the lowest monthly rise since the start of the study, feeds into growth of 0.97% in the year; 0.04% higher than the same point in 2017.

TMA Club has launched an exclusive Day One remortgage range with Buckinghamshire Building Society, including a buy-to-let remortgage proposition.

Two thirds (65%) of letting agents think rent prices will rise next year, up from 59% last year, looking ahead to 2019, David Cox, chief executive at ARLA Propertymark has predicted.

Additional properties, for which stamp duty land tax is payable at the standard rate plus 3%, have seen a fall of 11% (7,400) compared to the same period in 2017.

The value of outstanding mortgage balances with some arrears increased for the first time since 2016 Q2, Bank of England’s Mortgage Lenders and Administrators Statistics show.

In the majority of cases, requiring a guarantor is due to the prospective tenant failing an affordability test.

The system helps intermediaries meet PRA underwriting standards for landlords with large-scale property portfolios by allowing them to easily import landlord data easily from multiple spreadsheets.

The 10-year fix range starts at 2.74% to 65% loan-to-value with a £1,995 fee, free standard valuation and £250 cashback, with ERCs for the 10 years.