Login

Longer PRS Tenancies May Force Landlords Out Of Business


Thursday, September 18, 2014

Labour Proposal For Longer Tenancies May Force Landlords To Sell Up New proposals put forward by the Labour party pushing for longer assured short-hold tenancies in the private rented sector could see PRS landlords selling off rental properties due to increased pressure put on them by their buy to let mortgage providers. Many buy to [...]


| | Comments Off

FCA Monitoring Buy To Let Mortgage Applications


Thursday, May 29, 2014

FCA Looking For Fraudulent Buy To Let Mortgage Applications The UK Financial Conduct Authority (FCA) are on the lookout for fraudulent buy to let mortgage applications following the introduction of tighter affordability rules on residential mortgages under the Mortgage Market Review (MMR). Under MMR, all applicants face tougher questions about their lifestyle to ensure they [...]


| | Comments Off

UK Mortgage Rates Still Rising


Friday, May 9, 2014

UK Mortgage Rates Rising At Fastest Rate For Two Years UK mortgage rates  in both the private residential and Buy-to-let markets are rising at their fastest pace for over two years as speculation continues to grow over when the Bank of England will increase its base rate. Although very few economists expect the Bank of [...]


| | Comments Off

UK Property Prices Growing Faster Than ISA’s


Thursday, March 6, 2014

Great Time For Buy-To-Let Investment As UK Property Price Increases Greater Than Fixed Rate ISA’s More UK investors are choosing to purchase buy-to-let property rather than saving money with an ISA because the returns are far better. UK property prices have risen by 11% year on year compared to the best fixed rate ISA offered by banks [...]


| | Comments Off

Landlord Identity Theft Increasing


Thursday, February 6, 2014

Identity Theft Is An Increasing Problem For UK Landlords Landlords in the UK’s private rented sector are being urged to take more action to protect themselves from becoming victims of identity theft, which is on the increase, with an estimated 4 Million victims a year. Private rental sector (PRS) landlords who choose to move out [...]


| | Comments Off

UK Mortgage Market Set For Changes In 2014


Thursday, January 16, 2014

Residential And Buy-To-Let Mortgage Lending Will Be Subject To New Regulations This Year  2014 is set to be a year of change for the UK’s mortgage market, with predicted lending requirements increasing, helped by optimistic employment and economic forecasts, according to the Council of Mortgage Lenders (CML). The Council of Mortgage Lenders are forecasting total [...]


| | Comments Off

Buy-To-Let Mortgage Lending Expected To Hit £25 Billion In 2014


Thursday, December 5, 2013

Buy-To-Let Mortgage Lending to increase 25% in 2014 Buy-To-Let mortgage lending is expected to exceed £25 Billion (GBP) by the end of 2014, up a quarter on 2013 mortgage lending according to the latest forecast by a specialist mortgage lender. Buy-To-Let mortgage lending to property investors and portfolio landlords is 135% higher than the £8.5 [...]


| | Comments Off

Lenders Targeting Landlords With Residential Mortgages


Wednesday, November 6, 2013

Mortgage Lenders Use Internet To Identify Residential Mortgaged Properties Advertised For Rent UK Banks and mortgage lenders are starting to identify reluctant, accidental and first time landlords who let out properties without asking for the correct permissions. According to newspaper reports, UK banks and mortgage lenders are sifting through the electoral register, social media websites and [...]


| | Comments Off

Increase In Number Of Older Private Rented Sector Tenants


Tuesday, July 16, 2013

According to the latest quarterly index published by Countrywide lettings agency there has been a 6% annual growth in the number of tenants over the age of 50 renting property in the UK private rented sector (PRS). The lettings agency also report that there has been a 7% annual decline in the number of tenants [...]


| | Comments Off

Banks Cut Back On Loans Despite FLS Extension


Thursday, June 6, 2013

Bank Loans To Business Falls It has been reported that UK bank lending has continued to dwindle, despite government attempts to reverse the trend through the introduction of the “Funding for Lending Scheme” (FLS). Bank of England (BoE) data showed that overall net lending fell £300 Million (GBP) in the first quarter of 2013. Lending [...]


| | Comments Off