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Category: Buy-to-let

Properties up to 20 bedrooms/units can be considered with a maximum loan size of £1.5m up to 70% loan-to-value (LTV).

Overall broker satisfaction with the lenders they do business with was up from 81.1% in H2 2019 (December).

Alex Upton (pictured), commercial director, specialist mortgages at HTB, said the 5:2 product offers the best of both worlds for borrowers. 

HLP has also confirmed that it is enhancing the technology platform to deliver new tools and services.

citizens advice renters evictions

“Eviction hearings will not be heard in courts until the end of August and no one will be evicted from their home this summer due to coronavirus,” the housing secretary, Robert Jenrick, said on Friday evening.

short-term lettings

One of the key issues the government may confront is that there is currently no single source of regular data on the short-term lettings market.

rent arrears

Between 21 April and 21 May, the number of late payments increased from 5.85% to 6.59%.

The trade body’s Finance Household Finance Review also revealed regional variations in activity reflecting the market disruption caused by the coronavirus pandemic.

Ipswich

Paradigm member firms will now be able to register with the Ipswich via its website and begin submitting business within 24 hours.

broker searches

COVID-related terms, such as temporary LTV restrictions and furloughed workers, feature prominently in broker searches.