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Mortgage Borrowers Have Mortgage Affordability Concerns


Wednesday, April 1, 2015

Research Reveals Concerns About Mortgage Affordability Checks New research by Equifax has revealed that many people are worried about the length of time it takes mortgage lenders to assess their ability to repay residential and buy to let mortgage loans, with some fearing missing out on property deals because of the length of time they [...]


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UK PRS Landlords Looking For Better Buy To Let Mortgage Finance


Friday, November 14, 2014

20% of UK PRS Landlords Struggling To Obtain Buy To Let Mortgage Finance 31% of UK private rental sector (PRS) landlords reckon that they will require additional buy to let mortgage lending or buy to let re-mortgages within the next three months. However, as many as 20% of landlords may not get financed, according to [...]


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Can Anyone Get Buy To Let Mortgages?


Thursday, September 25, 2014

Buy to Let Mortgages Are Not Difficult To Get The Mortgage Market Review (MMR) has made obtaining residential mortgages more difficult for some borrowers and the financial affordability tests imposed by lenders are also being applied by specialist lenders to buy to let mortgages too, slowing down the purchasing process for many landlords. Many landlords [...]


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UK Buy To Let Mortgage Lending Growth Announced


Thursday, August 7, 2014

Significant Growth Of Buy To Let Mortgage Lending If media reports are to be believed, the UK may be beginning to witness a slowdown in residential property sales outside of London, but the UK’s private rental sector is booming across the country, as property investors and portfolio landlords continue to expand their rental property empires. [...]


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Mortgage Market Review Already Causing Problems


Thursday, May 15, 2014

Mortgage Market Review Slowing Down Mortgage Approvals The introduction by lenders of the Mortgage Market Review is the biggest regulatory restructuring that the UK mortgage market has seen in recent years and is intended to test the continued affordability of borrowers. It’s introduction was intended to protect customers from over stretching their financial commitments in [...]


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Mortgage Market Review Will Affect Residential and Buy-To-Let Mortgage Applications


Tuesday, April 29, 2014

Mortgage Market Review Hits UK Property Market New rules for mortgage lenders came into effect on the 26th April 2014 requiring all potential borrowers to disclose even more detailed financial information. Even before it was officially launched the MMR scheme was affecting mortgage applications, with loan offers being heavily scrutinised and the process had lenders [...]


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Cheaper Mortgages On Way


Tuesday, June 11, 2013

Mortgage rates could drop below 1.5% as new lenders prepare to enter the UK mortgage market in the coming months. Increased competition in the UK market could mean that residential property owners benefit from lower mortgage repayments by as much as £600 (GBP) a year New lenders are likely to be attracted to the UK [...]


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Residential Property Market Expected To Remain Flat In 2013


Tuesday, January 8, 2013

Property experts and economists have predicted that the 2013 residential property forecast for the UK is going to remain much the same as last year. This is good news for all property investors, who are able to get finance, but not welcome news for struggling first time buyers as the UK residential property market remains [...]


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Mortgage Lenders Wary Of Accidental Landlords


Monday, April 16, 2012

The rise in numbers of accidental landlords has accelerated over recent years but now mortgage lenders are beginning to clamp down on the practice. The National Landlords Association (NLA) said the number of would be vendors forced into letting their properties because they were unable to find a buyer has now risen to 7%, (up [...]


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Emergency Bank Treating Landlords Unfairly


Friday, March 2, 2012

The British media are claiming Buy-To-Let properties are being mishandled by the emergency bank, UK Asset Resolution, set up by the UK Government. UK Asset Resolution, the emergency bank set up by the UK coalition Government to manage the Buy-To-Let mortgages originally lent by Northern Rock and Bradford & Bingley, is alleged to be treating [...]


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