Paragon Bank has bolstered its range of buy-to-let mortgages by launching limited edition two-year fixed-rate products.
Read MoreNew BTL mortgages offer favourable rates to best EPCs
Tag: finance
Tax and red tape push landlords into flipping – financial experts’ stories
Finance experts suggest increasing numbers of landlords are turning to flipping – buying to redevelop and sell on – because of the attack on buy to let via increased regulation and taxes.
Read MoreWe Quit! New evidence of massive exodus of landlords from Buy To Let
Shocking statistics have emerged from a survey of the private rental sector, with the Savills agency claiming there are still 31% fewer properties available to rent in suburban areas than there were in 2018/19.
Read MoreMajor update for first-time buyers in England after vital perk scrapped
First-time buyer schemes with tiny deposits to get you on the property ladder quicker have been revealed – as a vital deal ends this week.
Read MoreRachel Reeves’ cash ISA plans would ‘choke mortgages’
Rachel Reeves’ plans to slash the tax-free cash ISA allowance “would be effectively choking mortgage availability” for those who need them the most, a building society’s CEO has said.
Read MoreInterest rate cut ‘increasingly likely’ in August
Nationwide, Santander and Barclays are among a number of lenders to have cut prices and experts say this could be a signal of an impending interest rate cut.
Read MoreNationwide cuts mortgage rates for first time buyers, new and existing customers
For first time buyers, rates start from 3.94%
For new and existing customers moving, rates start from 3.81%
Last-ditch bid to make Renters Rights Bill even tougher on landlords
Details are emerging about anti-landlord amendments being tabled by Lords at the final stages of the Renters Rights Bill’s passage through Parliament.
Read MoreBuy-to-let mortgage rates fall: Which deals are lowest?
Buy-to-let mortgage options have become more abundant and typical rates for two-year deals have fallen below 5%.
Read MoreAre falling interest rates giving Buy To Let a new lease of life?
New data from mortgage lenders’ trade body UK Finance suggests that in the last quarter of 2024, the average buy-to-let interest rate for new mortgage loans taken out was 5.09%.
Read More