Category: Buy-to-let

This is higher than yields in England and Wales, which both average at 4.3%.

TMW to cut rates

Rates for the 5-year fixed rate products at up to 65% loan-to-value (LTV) with a £995 fee will start at 2.39%, reduced from 2.59%.

Each event will be attended by a Foundation regional account manager and will provide advisers with the opportunity to discuss when and why clients should consider limited company buy-to-let, plus offer the chance to network with peers, secure answers on cases, and earn CPD hours.

In the North East the typical property returned 5% while in the North West that figure was 4.8%. This contrasts with an average yield of just 3.2% in London and 3.3% in both the South East and South West.

For purchases there’s a 2.28% 2-year fix with a £500 cashback. There’s no product fee, the minimum loan amount is £35,000 and the maximum is £1m.

Year-on-year, supply is up 13%, compared to 179 per branch in March 2018. 

It’s a 3.17% fixed for two years with a maximum loan-to-value of 74%, a minimum loan of £30,000 and 2% ERCs for two years.

VeriSmart looked at the average annual rent paid across both the private and social rental sectors in the UK, before multiplying these figures by the total number of rental households in each sector to ascertain the total value of the national rental market.

Freedom Finance hires CFO

He will be responsible for the funding and capital structure of thegroup, as well as the management of relationships with investors, banks and advisors and has held CFO positions at a number of quoted and PE business, and brings experience of blue-chip standards and regulated markets.

Originally launched as a digital mortgage broker by Countrywide and Blenheim Chalcot, and since being integrated into the Countrywide Financial Services group, this rebrand aims to transform it into a next generation broker and mortgage club.