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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…

Top postcodes for buy to let investors revealed

The best postcodes in Britain for buy to let investors seeking high rental yields have been revealed in a new study.
According to Lomond, the estate and letting agency group, its research has found the strongest rental yields –

Pushy Lenders?

Most lenders take a fairly relaxed approach to interest-only, but I`m wondering if ones who are a bit pushy are within their rights?
After interest rates rose so much we agreed to a period of interest-only with a repayment-type lender which they agreed…

Warning: Are landlords being encouraged to sell too early?

By now you’ve probably heard of Landlord Sales Agency, and our articles that suggest the market is in favour of landlords selling. But is this a genuine concern or is it another strategy designed to get landlords to ‘sell for less’?

Buy to let profits dip despite rising rents

Landlords have seen a 6% drop in the average buy to let property’s total return over the past two years as costs rise, research reveals.
Octane Capital says the profits fall is down to rising mortgage costs, rising agent charges and lower capital…

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…

Foundation – The Lender with many criteria quirks!

Foundation Homeloans, are one of the more flexible lenders and recently had a bit of a shake-up.  Landlords will be interested in some of the quirks:
They have a ‘solution’ based approach where they will consider most cases and let us know …

Landlords will save £4,468 in CGT on each property sale

The average landlord will benefit from a cut in Capital Gains Tax (CGT) but will still face a significant tax bill when exiting the buy to let sector, research reveals.
Zero Deposit, the tenancy deposit alternative provider, has analysed house price gr…

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%.

Will rents keep rising?

Join Ranjan Bhattacharya as he delves into the burning question of 2024: Will rents on buy-to-let properties continue their upward trajectory?
In this video, he dissects the factors driving the increase in rents and provides valuable insights into the…

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

Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

As the UK government struggles to help landlords facing tough financial situations, landlords have rallied together to help themselves.
This year is the year of the sale: with landlords rushing to sell up their property portfolios to either get out

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