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Have You Got Permission To Let?


Wednesday, December 31, 2014

Some UK Landlords still operating without permission to let from mortgage lenders There has been an upsurge in the number of UK private rental sector landlords taking advantage of the continuing strong tenant demand. However, there are still some landlords, without buy to let mortgages, who are failing to ensure they have obtained the right [...]


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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 [...]


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Reluctant Landlords Avoiding Insurance


Tuesday, January 29, 2013

When the financial crisis started in 2007/8, mortgage lending in the UK almost stopped because mortgage lenders became wary of the toxicity of sub-prime mortgage loans and raised their lending criteria to unprecedented and highly restrictive levels, virtually killing the UK property market. This meant that empty properties became financial millstones for many people who were unable [...]


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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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