Tag Archives: mortgages

Protecting your Property Portfolio in 2015

Posted on 29th December 2014

Protecting your Property Portfolio in 2015 – 2014 has been an interesting years for landlords, as regardless of the types of properties you let you will likely have been hit by changes in the industry. One of the biggest talking points of 2014 was the national housing crisis which has yet to subside despite the government’s efforts. In order to make the private rental sector both fairer and more affordable a number of new regulations came into effect during the past twelve months, so how […]

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 […]

How Landlords can Protect their Finances

Posted on 21st March 2014

How Landlords can Protect their Finances – This week has been extremely busy for landlords, as George Osborne announced his plans for the UK economy in the Budget 2014. Naturally, there are points that some are happy with – such as the fact that non UK residents will soon also have to pay Capital Gains Tax – however there are others which are raising concerns.
This is why many landlords are now taking the time to make sure that their finances and investments are secure. Here, […]

Predictions for the Property and Private Rental Markets

Posted on 7th March 2014

Rental Markets – Due to the effects of the recession, even the smallest of changes to the property and private rental markets can have a huge effect on landlords, and unfortunately it looks like things are set to change very soon. 2014 has already seen both markets starting to re-gain momentum, however not everyone is as pleased about this as others. Here, we look at some predictions for the property and private rental markets which could affect your business in the near future:

Investing in Another Property

Posted on 7th June 2013

 
Investing in Property – Over the last few years, student housing has become very popular amongst landlords and has transformed over the last ten years into a global market. This is a result of the increase in students in need of somewhere to live; there has been an increase of 67 million students since 2000 to 2011.
James Pullan is the head of Knight Frank Student Accommodation and he has said, “Student property is one of the most successful real estate asset classes, thanks to stability […]

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 […]

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.

Landlords warned about ‘severe arrears’

Posted on 10th April 2013

Landlords are being warned that the number of tenants in ‘severe arrears’ is increasing. In the first quarter of this year, the number of tenants behind more than two months on their rent payments increased by a hefty 5%. According to figures by property receivers Templeton LPA, the number of tenants facing court-ordered eviction rose by 10% in the same period.

The Bleak Truth about Mortgages

Posted on 16th November 2012

The Bleak Truth about Mortgages – We the mortgage situation was bad, especially for first time buyers, but we didn’t know quite how bad. There is an increasing gap between those who have a property (and property insurance)and those who haven’t and are aspiring. Getting a mortgage 5 years ago was easy. Now, not so, and not only do you need to prove you have a steady income, but you also need a hefty deposit to secure anything (decent or not), especially in London. The […]