Seven in 10 portfolio landlords (70%) expect to remortgage or consolidate loans over the next 12 months, results of a webinar poll show. It was also revealed that the majority of broker respondents (53%) had one to five portfolio landlord clients who would remortgage...
Mortgages
Four in five tenants happy with renting
Most people renting their home in the private rented sector are happy with their property and landlord, new research reveals today. An independent report by the Social Market Foundation, commissioned by Paragon Bank, found that – contrary to some narratives suggest...
Mortgage and landlord possession statistics: October to December 2021
The Government has published statistics on mortgage and landlord possessions It can be seen here, and says: 1. Main Points This publication provides mortgage and landlord possession statistics for October to December 2021. In general, we have compared figures to the...
Mortgage prisoners
The House of Commons Library has issued a paper on the problems of mortgage prisoners, and what can be done to assist. The full report can be seen here, and a summary here, which say Who are mortgage prisoners? “Mortgage prisoners” are people who are unable to switch...
Yet another Housing Minister
A new housing minister has been named this afternoon, to replace Chris Pincher. Stuart Andrew has been confirmed by Downing Street as a new housing minister at the Department for Levelling Up, Housing and Communities..He’s been MP for the Pudsey constituency in West...
Landlords prefer semi-detached properties
One of the biggest changes in buyer behaviour during the course of the pandemic and subsequent lockdowns was the shift towards larger properties and, in particular, for those that offered greater outdoor space. A trend that has not been lost on UK landlords it seems...
Number of BTL products at highest level for 15 years
Q3 2021 saw rental growth hit a record high, fuelled by high tenant demand and large numbers of landlords exiting the market and selling up as they sought to recoup lost income caused by the pandemic As we head into 2022, new data from Moneyfacts.co.uk outlines what...
How refurbishment BTL could help landlords struggling to meet EPC targets
Bridging & Commercial have published an article highlighting how a property refurbishment could help meet the MEES targets. It can be seen here, and states: We all know there’s more we can be doing to make our homes more energy efficient. Whether it’s...
More mortgages available for landlords
The number of buy-to-let (BTL) mortgage products on the market has increased substantially in the last two years, according to Moneyfacts data. It says that 2022 began with 3,528 BTL products available, which is the highest since September 2007, when there were 3,662...
Many landlords to expand portfolio in 2022
A relatively optimistic sentiment survey of landlords suggests many remain upbeat about the prospects for the sector.According to the Shawbrook Bank survey a third of landlords plan to expand their portfolio in the next 12 months, buying at least one one more...
YOU MAY ALSO LIKE
More landlords buying properties via companies in order to pay less tax
This is Money has run an article on the rise in landlords incorporating. It can be seen here, and says: ...
Landlords accuse lenders of ‘daylight robbery’ on buy-to-let arrangement fees
Last autumn’s mini-Budget, and its subsequent impact on Swap rates, saw the introduction of staggeringly high product...
Precise owner OSB profits fall as mortgage borrowers lock in new fixed rates faster
OSB Group reported profit tumbled in the first-half of 2023, after taking a hit from customers acting more quickly...