Buy To Let Mortgage Lending: Steady Year-On-Year Rise New data published by the Council of Mortgage Lenders has revealed despite a fall in the volume of buy to let mortgage loan advances in February 2015, annual lending is continuing to increase steadily. There were a total of 15,900 buy to let mortgage loan advances made [...]

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 [...]

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 [...]

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 [...]

CML Data Shows Increase Of Buy To Let Mortgage Loans and First Time Buyer Mortgages Data released last week by the Council of Mortgage Lenders (CML) gross buy to let mortgage loans increased by 10% in March 2014 compared to the previous month and gross figures were also up 56% on March 2013. Results from [...]

 Buy To Let Mortgages Continue To Lead The Way In UK Property Market Re-mortgaging activity in the first quarter of 2013 saw UK mortgage lending reach a new high, with more landlords trying to raise finance to buy more suitable residential properties with a view to letting them out to tenants, according to the latest [...]

In the UK the combination of high tenant demand, increasing rents and realistic vendor pricing of properties for sale has been a major driving factor behind the increase in PRS rental yields. Buy-To-Let rental yields increased from 6.1% to 6.7% over the last quarter of 2012, with the biggest jump in the private rented sector [...]

UK Property Prices Still Falling But Its Not All Bad… UK property prices fell faster than expected in November2012, attracting many new buyers according to the Royal Institute of Chartered Surveyors (RICS). In its latest analysis of the UK residential property market, RICS found that: 9% more of RICS surveyors reported property price falls rather than rises, [...]

But lending is still far from its peak, say mortgage experts. Buy-to-let mortgage lending has increased by 20% over the last year, signalling strong growth in the UK private rental sector (PRS). New figures from the Council of Mortgage Lenders (CML) reveal that more than 33,000 loans worth £3.9 Billion (GBP) were advanced in the [...]

There are fresh fears that First-Time Buyers (FTBs) and next time buyers are being forced out of the UK residential property market by Buy-To-Let landlords. The Council of Mortgage Lenders (CML) said that 32,300 Buy-To-Let mortgage loans were made over the first quarter of 2012, a 32% increase on the first three months of 2011. [...]