Login

2015 Could See Landlords Expanding Rental Property Portfolios


Tuesday, January 6, 2015

Over 50% Of UK Landlords Seek To Expand Rental Property Portfolios In 2015  There is a great deal for private sector landlords with rental property portfolios to get excited about in 2015, according to the latest research carried out by an online letting agent. Residential property prices continued to rise last year, despite the doom [...]


| | Comments Off

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 [...]


| | 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

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 [...]


| | Comments Off

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 [...]


| | 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

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 [...]


| | Comments Off