Tag Archives: Buy-to-Let

The new Refurbish-to-Let trend sweeping the UK

Posted on 9th October 2014

This week it was announced that if the Bank of England’s new proposals go forward landlords may soon have to come up with forty per cent deposits in order to be given buy to let mortgages. Landlords are already struggling to expand their property portfolios due to the rising cost of property and if the Bank of England’s plans go ahead they could make matters worse.
This is why so many landlords are taking part in a new trend: ‘refurbish-to-let’. The idea is pretty simple: buy […]

Are Mortgage Approvals really Decreasing?

Posted on 14th August 2014

Are Mortgage Approvals really Decreasing? Right now it seems as though no-one can really agree on what the government, Bank of England or Financial Conduct Authority (FCA) should do to prevent another housing bubble. With the economy starting to improve and the government creating new schemes such as Help to Buy, the UK property market has been booming over the past six months. However, a number of industry experts are concerned that the market is unsustainable and could even return to the state it was […]

Understanding a Buy-to-Let Mortgage

Posted on 27th November 2013

 
Understanding a Buy-to-Let Mortgage – With generation rent well and truly here those who have some money and want to invest may be looking to the property market. However, if you have never thought about it before it can be a little daunting knowing where to start, so here is a guide to a better understanding of what a buy to let mortgage is. At least then that is one less thing you have to worry about.
First things first, with the competition high for rental […]

Landlords and Mortgages

Posted on 24th May 2013

Landlords and Mortgages
Over the past few months there have been numerous news stories regarding the Bank of Ireland and how they have implemented massive interest rate increases for the majority of their tracker and variable mortgages. We have also heard that some landlords are starting to struggle when it comes to interest only mortgages, as many have failed to budget in order to pay back the loan once the interest only term is over. So here we look at the importance of mortgages for landlords […]

Lowering your buy-to-let risk

Posted on 22nd May 2013

buy-to-let risk – When you buy a new rental property, you take a risk. Markets can fall as well as rise, mortgage interest rates change, renters are not always who you think they are. There are risks all along the rental property journey.
But there is much that you can do to reduce the risks of buy-to-let, and increase your chances of making a great investment. Here’s what you need to think about:

More first-time landlords enter the market

Posted on 15th May 2013

The number of first-time landlords is continuing to grow according to Paragon Mortgages. The mortgage specialist says that 22% of the mortgages it issues now go to new landlords. The figure has been growing since 2009, when the buy-to-let industry began to recover from the 2008 crash.

Funding for Lending: a landlord’s guide

Posted on 1st May 2013

The Bank of England’s Funding for Lending scheme provides cheaper loans to households and businesses. It was launched last August, with the intention of boosting the economy by giving people access to affordable loans. That has been in short supply since the credit crisis of 2008.
The scheme gives banks financial incentives for lending to small businesses. In many cases, it has also allowed them to drop their mortgage rates. Buy-to-let landlords have already benefitted in this way. Now, the £80 billion scheme is to be […]

Renovating your Buy-to-Let Properties

Posted on 22nd March 2013

Renovating – After investing in a property the first thing you need to do before you can put it on the market to let is renovate. Usually houses aren’t up to the standards required by landlords when first bought, which means that when you are thinking about investing in a property you should always add to your budget how much it will cost to improve. Here we look at some of the most important renovations you will have to make to a newly purchased property:
Safety […]

Negotiating the Mortgage Maze

Posted on 4th February 2013

Our buoyant rental market and government financial encouragement in the form of the Funding for Lending scheme means that it is relatively easy to get a buy-to-let mortgage now. Many lenders have introduced new buy-to-let products in the last few months, and many have dropped their rates on existing products.

The Changing Face of the Property Market

Posted on 30th January 2013

A month into 2013, how is the property market in the UK doing? As ever, indicators are contradictory, with experts unsure how the market will develop over the coming months and years. House prices in much of the country remain largely static, with some regions experiencing small falls and rises, but little significant change. As ever, London performed best, but rises there still averaged at only 0.3%, well below the kind of rises seen pre-downturn. But there is room for optimism on prices, with falls […]