Bank cuts its stress testing rate for home buyers after FCA urged lenders not to be ‘unduly restricting’
Read MoreSantander eases mortgage rules so it can lend up to £35,000 more
Author: interestratesinfo
BTL investment will retain its allure
Whereas those who invested in property were once seen as being ahead of the curve or making a sensible decision, there are now those who appear to believe they are making some sort of terrible mistake.
Read MoreIs the PRS pendulum swinging too far against landlords?
The biggest problem facing landlords is that the PRS is like a pendulum, swinging slowly from one policy extreme to the other, and there is nobody left in parliament or the civil service who remembers what the PRS was like before 1988.
Read MoreLandlords see profits soar from downsizing “loophole”
A landlord’s buy-to-let flats sold for £1.15 million in 4 weeks, another in just 2 weeks for 18% higher than market value, and property portfolios performing at the same level of profitability as when we started in the rental sector 15 years ago: these might sound like numbers from years back, but this is exactly what Landlord Sales Agency is achieving for landlords right now.
Read MoreHSBC offers landlords mortgages with just a 20% deposit… but will they pass the affordability checks?
Number of 80% buy-to-let mortgages has more than doubled in past two years
Read MoreCould landlords face ANOTHER stamp duty rise in the Spring Statement?
Property expert, Phil Spencer, says there is a chance Reeves could up the tax
Read MoreI’ve got £4,000 of credit card debt will it stop me getting a mortgage?
I have got £4,000 of credit card debt that I am gradually but slowly paying back at a rate of about £150 per month.
Read MoreBriton’s average annual mortgage bill soars £2,800 in just two years due to rocketing rates
The typical homeowner is paying £2,829 more on their mortgage each year than they were in 2022 thanks to rocketing interest rates.
Read MoreMortgage lender launches Help to Buy alternative
A mortgage lender has come up with its own version of the now defunct Help to Buy Equity Loan scheme.
Read MoreNew today – “lifeline’ mortgage for buyers missing Stamp Duty deadline
Skipton Building Society is launching a new mortgage offer today, aimed at buyers who miss this week’s Stamp Duty deadline.
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