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Buy To Let Mortgages Lenders Issue Statement Of Practice


Friday, April 10, 2015

Buy To Let Mortgages Lenders Publish Statement Of Practice Ahead Of Financial Conduct Authority Regulation Buy to let mortgage companies who belong to the Council of Mortgage Lenders (CML), have issued a new statement of practice aimed at making their mortgage products more transparent for consumers as well as emphasising the responsibilities of being a [...]


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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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Buy-To-Let Mortgage Boom Continues Due To Tenant Demand


Tuesday, May 13, 2014

Demand For Rental Property Fuelling Buy-To-Let Mortgage Boom  The UK buy-to-let boom looks set to continue for the foreseeable future as economists and estate agencies predict increased demand from over 1 Million more tenants, who will be looking for homes in the UK’s private rented sector over the next five years. The expected tenant requirements [...]


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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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