Landlord News
Fixed Mortgage Rates Experience Beneficial Drop for Borrowers
A decline in fixed mortgage rates has been observed, providing a welcome respite for borrowers after what’s been a tumultuous year. Moneyfacts’ recent data indicates…
mortgage rates
Landlord News
Landlords Advised to Lock in Mortgage Rates After Latest Inflation Figures
In the wake of recent inflation updates, MFB, a specialist buy-to-let broker, is advising landlords nearing the end of their mortgage deals to lock in…
Landlord News
Paragon Bank Announces Further Reductions to Five-Year Fixed Rates for Portfolio Landlords
Paragon Bank has announced a decrease in the rates of its five-year fixed-rate buy-to-let mortgages, marking the second time in a fortnight that the lender…
Landlord News
Major Lenders Cut Fixed Mortgage Rates, Signalling Possible End to Interest Rate Increases
Landlords and homeowners across the UK received positive news as several of the country’s largest lenders announced they would be cutting rates on their fixed…
Landlord News
Surge in Mortgage Rates Dents Buyer Appetite by 18%: Southern England Grapples with Falling House Prices
Escalating mortgage rates over the past two months have resulted in an 18% decrease in demand for homes, as indicated by Zoopla’s most recent House…
Landlord News
Imminent Steep Decline in House Prices as Mortgage Rates Skyrocket, Warns National Property Association
The National Association of Property Buyers (NAPB) has issued a stark warning: house prices are predicted to drop more steeply due to mortgage rates reaching…
Landlord News
Rapid Rise in Buy-to-Let Mortgage Arrears Outstrips Residential Sector, New Study Reveals
The latest analysis from property lending specialists, Octane Capital, indicates a surge in arrears for buy-to-let landlords outpacing that of homeowners. Octane Capital scrutinised the…
Landlord News
Surge in House Price Reductions as Mortgage Rates Climb, Zoopla Reports
Zoopla’s most recent House Price Index has disclosed a surge in sellers (42%) who are agreeing to a minimum of 5% off the asking price…
Landlord News
Bank of England Administers ‘Shock Therapy’ with Unanticipated Rise in Interest Rates to 15-year High
In an unexpected move, the Bank of England (BoE) has raised interest rates by 0.5% to 5% in its latest attempt to curb the UK’s…
Landlord News
Property Sellers Unfazed by Falling Prices and Rising Mortgage Rates
According to Rightmove, the average asking price for properties dipped by a mere £82 in June, despite the unsettling increase in mortgage rates. Rightmove’s house…
Landlord News
The Mortgage Lender Revamps Residential and Buy-to-Let Mortgage Products
The Mortgage Lender, a leading specialist in the UK mortgage industry, declared the reintroduction of its Residential and Buy-to-Let product suites on 7th June. Among…
Landlord News
Halifax Index Reveals First Annual House Price Drop; Further Declines Expected as Mortgage Rates Rise
According to the Halifax House Price Index, house prices remained stagnant in May but saw a 1% decline over the past year. This marks the…
Landlord News
Mortgage Market Jitters: More Deals Withdrawn Amid Rate Hike Concerns
As concerns mount over potential increases in interest rates by the Bank of England, lenders have begun to withdraw additional mortgage deals, causing offers to…
Landlord News
Landlord Concerns Over Further Interest Rate Hikes
Landlords and homeowners across the UK have been cautioned about the prospect of two further interest rate surges expected this summer. The warning comes after…
Landlord News
Mortgage Rate Hikes Lead to Fall in House Prices
UK house prices have reportedly fallen 0.4% between November and December, following a year-long trend of steady growth. Average house prices rose 9.8% in the…