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News

BTL investors see a surge in product choice

BTL product choice has recovered from the market chaos that followed the mini-Budget in September with landlords and investors now seeing the number of buy to let mortgages available reaching levels not seen since August last year, research reveals.
Th…

Affordability for BTL investors bounces back

The loan sizes being offered to buy to let investors have bounced back after last autumn’s market contraction, data reveals.
According to Mortgage Broker Tools (MBT), an analysis of real cases processed through its research software shows that BT…

End of mortgage term coincided with death?

Hello, Can anyone advise ? 🙏
My Dad was recently in the process of selling 3 flats and the Mortgage Lender was aware this was very imminent and were prepared to wait a SHORT while (weeks) for this to conclude.

Landbay updates its Special Edition BTL mortgage range

Landbay has updated its five-year fixed rate buy-to-let mortgage range with the introduction of lower loan-to-values and rates now starting at 4.39%.
These five-year fixed rates are for standard properties and Landbay has brought in new LTVs of 55% and…

Two more lenders reveal their New Year BTL offerings

Landbay and Accord Mortgages have revealed new products and rate cuts to help landlords looking for buy to let mortgage deals.
First up is Landbay with news that it is re-releasing a Special Edition five-year fixed rate buy-to-let mortgage range offeri…

Homeowners allowed to go ‘interest-only’ without a repayment strategy

Homeowners struggling to pay their mortgage bills will be able to switch to interest-only deals without a formal repayment plan under new plans to help borrowers through the cost of living crisis.
The planned FCA guidance advises lenders to let homeown…

Strong BTL lending growth recorded by Paragon Bank

Paragon Bank has revealed that it has increased its full-year buy-to-let lending by 18.2% to £1.9 billion on the back of strong demand from professional landlords.
The company says that by focussing on specialist BTL lending, in the year to 30 Septembe…

Increasing BTL mortgage costs will ‘put the market under pressure’

The recent rise in the Bank of England base rate will put the BTL market under pressure, one broker says.
Property Master says that with BTL mortgage costs set to increase further after the base rate hike, landlords need to look at the products availab…

Seven in 10 landlords have properties with an EPC rating of D or below 

The scale of the situation for landlords having to improve their rental properties to meet the energy performance certificate (EPC) standard of C has been laid bare in new research.
According to Shawbrook, seven in 10 (71%) landlords in the UK still ow…

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