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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 [...]


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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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Landlords Encouraged To Grab Property Bargains In Their Local Areas


Thursday, June 12, 2014

Landlords Should Invest In More Rental  Properties In Their Local Areas Landlords and property investors across the UK should be investing in their local market using buy to let mortgages because they already have a good understanding of the local area. New research conducted by Paragon Mortgages revealed the majority of property investors and existing landlords [...]


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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 Sees Thousands Of Evictions And Repossessions Every Week


Wednesday, May 28, 2014

Shelter Says 4,000 UK Homes Risk Repossession Each Week According to the latest announcement by homelessness charity, Shelter, more than 4,000 UK households risk losing their home every week. Shelter claim to have analysed claims for possession notices, over the last 12 months, and their analysis reveals that over 215,000 households in the UK are [...]


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Buy To Let Mortgage Arrears Lower Than Residential Arrears


Thursday, May 22, 2014

CML Data Shows Landlords Have Less Buy To Let Mortgage Arrears Than Home Owners New data released by the UK Council of Mortgage Lenders (CML) shows that UK landlord’s with buy to let mortgages have less outstanding mortgage arrears than residential property owners. Buy-to-let mortgage holders have far less mortgage arrears than residential property owners. [...]


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Buy To Let Mortgage Loans Up 56% On 2013 Figures


Tuesday, May 20, 2014

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 [...]


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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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Land Registry Launches New Service To Tackle Property Fraud


Tuesday, March 11, 2014

Property Alert Will Help Property Owners And Landlords Avoid Becoming Victims Of Property Fraud The Land Registry has launched a new service called “Property Alert” this week, to help protect property owners from becoming unwitting victims of fraud. Property fraudsters can often attempt to claim ownership of a property by impersonating the registered owner or by [...]


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Who Are The Real Tenants In Rental Properties?


Thursday, February 27, 2014

Landlords Unsure Who Lives In Their Rental Properties The latest research conducted by Savills estimates that there will be over 5.7 million tenants renting properties in the UK’s private rented sector by 2018, but many of those tenants could be there without the landlords knowledge. Rising rents, increasing energy bills, the rising cost of living and [...]


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