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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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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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More New Rules For Buy To Let Mortgage Lending


Tuesday, September 9, 2014

UK Buy-To-Let Mortgages To Become EU Regulated  Following last week’s shock announcement by the Government, some elements of the UK’s buy to let mortgage market are going to become more regulated in order to fall in line with the current European Union (EU) Mortgage Credit Directive. The Council of Mortgage Lenders (CML) have reacted strongly [...]


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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 [...]


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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 [...]


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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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Buy-To-Let Mortgage Costs Reach Historic Low


Thursday, February 20, 2014

Landlords Happy As More Lower Rate Buy-To-Let Mortgages Introduced UK private renal sector (PRS) landlords have had a major boost after the announcement that the overall costs of acquiring a buy-to-let mortgage have reached a historically low level.  The current historic low for overall buy-to-let mortgage costs for landlords and property investors are being attributed [...]


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2014 – The Year Of The Landlord?


Tuesday, January 21, 2014

Will 2014 Be The Year Of The Landlord? The year ahead could be one of the best times to be a landlord in the UK, with strong tenant demand for rental property predicted to continue and property values expected to rise healthily until at least 2016. Last week Bank of England Governor, Mark Carney predicted [...]


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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 [...]


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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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