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BTL market shows signs of stability after months of decline

The buy to let mortgage market appears to be stabilising after a period of significant product reduction, according to new data.
The research from Moneyfactscompare.co.uk found that while the increase is modest – just 39 deals – it follows …

BTL lenders offer rate cuts and streamlined processes for landlords

Three leading buy to let lenders in the UK are offering rate cuts, faster remortgages, and simpler valuations to help landlords navigate the current market.
Landlords looking for specialist buy to let mortgages can now access cheaper deals from Shawbrook.

Rent arrears up amid cost-of-living crisis for tenants

Average rent arrears claims have reached a record high, placing a growing strain on both tenants and landlords, data reveals.
Alternative deposit provider Reposit analysed the figures between January 2021 and March this year and found that the average …

Mastering the BTL mortgage maze in a volatile market

In what has been a volatile time for the buy-to-let mortgage market, many landlords are struggling to find the right product.
Navigating the mortgage market can be a maze but with the right guidance, landlords can find a mortgage to suit their needs.

YBS Commercial Mortgages unveils new tracker product for landlords

YBS Commercial Mortgages has unveiled a new tracker product for portfolio landlords and reduced rates across its range.
The tracker offers a variable rate of 6.75% (BBR + 1.50%) for a three-year term.
It’s available on either a capital-and-intere…

BTL lending slumps amid rising costs for landlords

The UK’s buy to let market is experiencing a significant slowdown, with a sharp decline in new lending and increasing financial pressures on landlords, according to the latest quarterly data.
UK Finance has revealed that the value of new BTL mort…

Landbay, YBS and Foundation unveil new BTL products

Landbay has introduced new five-year fixed-rate offerings at an 80% loan-to-value (LTV) ratio, catering to both standard properties and small houses in multiple occupation (HMOs) and is the latest among several BTL lenders announcing product changes.
I…

Paragon Bank and Foundation unveil new BTL products

Paragon Bank has introduced new mortgage options for experienced landlords looking to expand their buy to let portfolios with a range of five-year fixed-rate products with both low fees and competitive rates.
These new BTL deals are specifically design…

Precise Mortgages reveals its new brand identity

Precise Mortgages has unveiled a new brand identity, characterised by a fresh and distinctive look and the makeover coincides with the launch of its redesigned broker and customer websites.
The popular lender will now be called Precise, and its broker …

Landlords renewing their mortgage are expecting a £615 rise

Nearly half of UK landlords with mortgages are preparing for a rate renewal within the next year – and they are expecting their mortgage to rise by a whopping £615, on average.
The research from The Mortgage Lender (TML) shows that another 41% of…

Landbay cuts interest rates for HMO and MUFB properties

Landbay has unveiled a reduction in interest rates for its five-year fixed loans, specifically targeting houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB).
The revised rates start at 4.89%, marking a fall of up to 0.25%.

Surge in buy-to-let landlords plunging into mortgage arrears

The number of buy-to-let landlords falling into arrears has surged, according to new figures.
According to UK Finance, more than 40,000 BTL landlords (41,090) fell into arrears on their mortgage payments in 2023, an average of 10,273 per quarter.

Removal of FHL – One man’s poison is another man’s meat. How will it affect you?

The changes in Serviced Accommodation will impact different people in different ways. To some, it will provide advantage, for others it will be time for change.
The changes are threefold:
1) Removal of FHL means the income for those who own in personal…

Buy to Let by Foundation launches new HMO products for first-time landlords

Buy to Let by Foundation, the BTL brand of Foundation Home Loans, has unveiled two innovative HMO products tailored specifically for first-time landlords.
The criteria for first-time landlords, as defined by the lender, include individuals who have not…

Buy to let lenders announce new products and lower rates

Several buy to let lenders have updated their products and rates to attract more landlords and investors.
The Mortgage Works (TMW), a specialist BTL arm of Nationwide, has cut its Interest Cover Ratios (ICR) for both higher and lower rate taxpayers

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