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News

Stop, read, contact – if you don’t there is a cost of delay!

Unless you’ve been travelling around on Jeff or Elon’s space rockets recently, you would not have missed the chaos and turmoil in the mortgage market. In just the last week or so, major lenders pulled all of their products from the market and did not r…

EPC challenge with a flat within a social housing block?

Hello, I own a flat on the top floor of a social housing block of 60 flats owned by Wandsworth Council. I’ve just had the EPC renewed in order to replace my mortgage as it is coming off its cheap deal and it has come in as a poor D on account of …

10 year fixed – consent to let dilemma?

Hello, I’m thinking to fix my residential mortgage for 10 years with Nationwide which is due for renewal.
My concern is if my situation changes (a bit likely) and have to move out, will Nationwide be difficult with consent to let?

Getting a mortgage on a Qualified Title?

Hello, I own 2 flats in the North East – basically a terrace house that has been split into an upper and a lower flat
I put them up for sale 2 years ago and got buyers in the first week –

HMO/MUFB rates lowered by Landbay

Landbay has revealed that it is reducing rates for buy-to-let loans on houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFBs).
The lender is also reintroducing products for first time landlords purchasing HMOs/MUFBs.
Rates on small …

Yields remain stable, but rent rises highly likely

More landlords will decide to raise rents in 2023 because profitability has taken a hit, according to a report.
Foundation Home Loans says that larger landlords are 20% more likely than smaller landlords to put up rents in the first six months of 2023…

BTL mortgage payments rocket by 286% in one year

Buy-to-let landlords are not only facing a tougher time securing finance with fewer mortgages and rising rates, but interest-only BTL mortgages have rocketed by 286.4%.
That’s according to specialist property lending experts, Octane Capital, who …

Early Repayment Charge?

Hello, I currently have a 5 year fixed BTL mortgage with Leeds building society at 2.14%. I am looking to sell the property although I am being asked for an early repayment charge of £3k.
Given the base rate is now 3%

Early Repayment Charge?

Hello, I currently have a 5 year fixed BTL mortgage with Leeds building society at 2.14%. I am looking to sell the property although I am being asked for an early repayment charge of £3k.
Given the base rate is now 3%

Paragon Bank unveils market-leading five-year fixed rate BTL mortgage

Paragon Bank has unveiled a market-leading five-year fixed rate buy-to-let mortgage with a reduced reference rate.
The mortgage is available at 70% loan-to-value (LTV) with an initial rate priced at 5.69%. The product is subject to a 2.00% product fee …

Paragon Bank unveils market-leading five-year fixed rate BTL mortgage

Paragon Bank has unveiled a market-leading five-year fixed rate buy-to-let mortgage with a reduced reference rate.
The mortgage is available at 70% loan-to-value (LTV) with an initial rate priced at 5.69%. The product is subject to a 2.00% product fee …

Rent to Rent Tips, Advice and Case Study

We first published this article back in 2013. It has been resurrected it because because the information provided within it is just as relevant today as it was back then and the Rent to Rent continues to be a hot topic of discussion at many of the UK&#…

Barry’s story – it could have been you!

Barry’s story was written by the Mark Alexander back in December 2010. It has since been updated and re-published several times. The dates, times and people are fictional but the story is based on real life events.
It’s a modern update of the cla…

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