The Investors Chronicle has published ab article guiding landlords towards mortgage deals. It can be seen here and says: As the political landscape in the UK shifts with Labour now in power, landlords should prepare for significant changes in the rental market,...
Fleet Mortgages has made significant updates to its mortgage offerings specifically designed for houses of multiple occupation (HMOs), effective from August 23, 2024. These changes aim to provide more flexibility and competitive options for landlords who are either...
Housing market activity was relatively subdued during the first half of the year, reflecting persistent affordability pressures. Political and economic uncertainty was also heightened in the period and this may have influenced potential purchase and refinancing...
Headed, Half (46%) of first-time buyers considering property purchase with friend or sibling, Lloyds Bank has released their findings. The key findings are: Willingness for Non-Traditional Routes: 51% of young first-time buyers are open to non-traditional methods of...
Key Developments: MUFBs for First-Time Landlords: Expansion: Shawbrook Bank now allows first-time landlords to acquire Multi-Unit Freehold Blocks (MUFBs) up to six units. Objective: This move aims to support new market entrants in building diverse property portfolios,...
Data released earlier by Nationwide showed that house prices returned to growth in May after two months of declines. House prices were up 0.4% on the month following a drop of 0.4% in April and 0.2% in March. Economists had expected house prices to tick up 0.1% on the...
Today, Santander announced several changes to its residential and buy-to-let mortgage offerings: For landlord mortgages: - Introducing a new 75% loan-to-value (LTV) two-year tracker rate for landlords at 5.64%, accompanied by a £1,999 product fee. - All other...
Buy Association has published an article in which they say that interest-only mortgages indeed offer a way to keep monthly costs down, particularly appealing in the face of increasing mortgage rates and tax changes affecting landlords. However, opting for this type of...
Research by comparison website Moneyfacts suggests that building societies are currently offering the most competitive mortgage deals for first-time buyers compared to high-street lenders. Analysis of mortgages with loan-to-value ratios of 90% and 95% found that...
Analysis from Paragon Bank highlights a significant shift in the buy-to-let property market, particularly in Southern England, following the introduction of the stamp duty surcharge for additional properties in 2016. The proportion of buy-to-let properties purchased...
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The Investors Chronicle has published ab article guiding landlords towards mortgage deals. It can be seen here and...
Fleet Mortgages has made significant updates to its mortgage offerings specifically designed for houses of multiple...
Housing market activity was relatively subdued during the first half of the year, reflecting persistent affordability...