Buy-to-let Property News, Finance
BoE: mortgage approvals rise but borrowing cools in April
Mortgage approvals for house purchases rose to 65,900 in April, up from 63,600 in March, but net mortgage borrowing dropped to £4.4bn from £6.8bn, according…
Landlord finance
Buy-to-let Property News, Market
Landlord mortgage choice broadens as lenders cut rates and restore LTVs
Buy-to-let lenders are continuing to trim rates, restore higher loan-to-value products and rework fee structures, giving landlords a wider set of refinancing options than they…
Buy-to-let Property News, Finance
Second charge lending jumps 33% as landlords weigh options
Second charge mortgage lending rose 33 percent by value to £625 million in the first quarter, according to new Finance & Leasing Association figures, as…
Buy-to-let Property News, Finance
Landlord interest bills hit £25,000 a year before RRA
Landlords are carrying average borrowing of £714,000 and paying around £25,000 a year in mortgage interest before tax, repairs and compliance costs are counted, according…
Buy-to-let Property News, Regulation
Landlords offered ‘breathing space’ loan as Renters’ Rights Act bites
Landlords facing rising costs and major regulatory change are being offered a new short-term finance option as specialist lender Somo launches its Landlord’s Breathing Space…
Buy-to-let Property News, Licensing
Pepper Money cuts BTL rates and widens HMO criteria
Pepper Money has upgraded its buy-to-let product range with rate cuts of up to 25bps and newly expanded HMO eligibility, giving landlords improved access to…
Buy-to-let Property News, Finance
Buy-to-let mortgage limits raised as Paragon boosts support for landlords
Paragon Bank has increased maximum buy-to-let loan sizes and removed income requirements for portfolio landlords, giving investors more flexibility at a time of stricter affordability…
Buy-to-let Property News, Market
House prices and landlord finance boosted by new multi-property product
Paragon Bank has unveiled a new multi-property mortgage option allowing landlords to finance four to 99 properties in a single application - a move rolled…
Buy-to-let Property News, Market
HTB unveils tailored finance product to help landlords navigate affordability roadblocks
Hampshire Trust Bank (HTB) has launched an innovative financing solution aimed squarely at landlords grappling with today’s tighter affordability criteria. Dubbed Portfolio Edge, the new…
