Paragon Bank and Foundation Home Loans have this week announced the launch of new green buy-to-let products for landlords purchasing properties with an EPC rating of A, B or C, as part of a wider effort to encourage more people to improve their efficiency rating. The...
Mortgages
Green issues becoming more important for landlords, says lender
Eco issues are increasingly important for landlords, a mortgage lender claims. Hodge Bank says a new survey shows 82 per cent of landlords, investors and brokers stated energy efficiency was in the top three considerations, along with broader green credentials about a...
Paragon Bank expands green buy-to-let range
Paragon Bank has expanded its range of green buy-to-let products with the launch of four further advances exclusively available for properties with an EPC rating of A, B or C. The four new 80% LTV further advances are available for landlords who have four or more...
RICS: House prices continue to rise as supply and demand gap widens
Property prices in the UK continued to rise in May as the gap between rising new buyer inquiries and falling new instructions by sellers became the widest seen since November 2013, Royal Institution of Chartered Surveyors (RICS) data has shown. RICS said prices had...
Rental standards are improving
The days of rising damp and sub-standard boilers are numbered – standards in the private rented sector are improving and lenders can take some of the credit. But Richard Rowntree of Paragon Bank says there’s still more work to be done Over the past 10 to 15 years...
BTL mortgage rates fall to lowest level since start of 2021
MoneyFacts.co.uk have reported on recent mortgage rates. The article can be seen here, but says:- Landlords looking to lock into a fixed buy-to-let (BTL) mortgage deal will be pleased to see that the average two and five year fixed rates have fallen since the start of...
Successful landlords always considering several things at a time
'Mortgage Introducer' have just published an article on all the factors a landlord must consider at any one time. They go on to say 'The sector really is something of a phenomenon and as we emerge from the most turbulent 12 months in recent history, it’s frankly quite...
More landlords looking to buy than sell: Paragon
The proportion of landlords looking to expand their portfolios is higher than the percentage who are looking to scale back for the first time in four years,
New 95% mortgages come on stream
A new government-backed mortgage scheme to help people with only 5% deposits get on to the housing ladder is available to lenders from 19 April 2021.
Rise in Green mortgages
Three in every five landlords are now interested in green mortgages, according to Mortgages for Business.
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Nearly half of landlords thought EPC rules were just ‘guidance’
Nearly half of landlords (47%) believed that rules instructing them to upgrade properties to an EPC rating of C or...
Letting your house without a buy-to-let mortgage is high risk (so do this instead)
The Telegraph have run an article about the danger of letting a property on a standard residential mortgage. It can be...