Number of mortgages for UK first time buyers doubles in three years

Posted by on 04/06/2015 at 9:30 am

  Published by Property Wire on Tuesday, 02 June 2015   The number of mortgage products available to first time buyers in the UK has doubled in the last three years, while rates have dropped by 1%, new research shows. Since 2012 the number of 95% mortgages available has increased by 448%, according to a […]

Co-op Bank offer lowest ever fixed rate mortgage

Posted by on 08/05/2015 at 5:20 pm

  Published by Money Expert on Tuesday, 05 May 2015   Last Friday saw the lowest fixed rate mortgage ever offered in the UK go on sale. The deal offered a rate of 1.09% that is fixed for two years. This new deal is the latest punch thrown in the mortgage price war that has […]

Buy-to-let panel blasts Labour’s rental pledge

Posted by on 06/03/2015 at 9:20 am

  Published by Mortgage Introducer on Tuesday, 03 March 2015 by Ryan Bembridge   The panel at Paragon’s Great Buy-to-let Debate included David Whittaker, managing director of Mortgages for Business, and Paragon’s managing director John Heron. Labour has pledged to ‘make rent increases more predictable’ by changing the law so three year tenancies are the […]

Is buy-to-let regulation the answer to the housing crisis?

Posted by on 03/03/2015 at 4:50 pm

  Published by The Economic Voice on Monday, 02 March 2015 by Ben Gosling   In October 2014, the Bank of England requested the power to place limits on both buy-to-let and residential mortgage lending. By using so-called ‘powers of direction’, the Bank’s Financial Policy Committee (FPC) hoped to be able to direct financial sector […]

Invest in Buy-to-Let Without a Mortgage

Posted by on 01/03/2015 at 4:28 pm

  Published by Love Money on Monday, 23 February 2015 by John Fitzsimons   Crowdfunding site offers new way to invest in property. CrowdLords is a new crowdfunding site, offering people the chance to invest in property, whether as a landlord or simply as a hands-off investor. Let’s take a closer look at how it […]

Rotherham landlords call for judicial review

Posted by on 27/02/2015 at 10:13 am

  Published by Landlord Today on Tuesday, 24 February 2015   Landlords in Rotherham have called for a judicial review of local authority plans to introduce a licensing scheme. The move echoes the recent successful legal action by a landlord against a similar idea in Enfield, north London. The Rotherham scheme, in line with many […]

Buy-to-let valuations grow against the market in January

Posted by on 12/02/2015 at 11:41 am

  Published by Mortgage Finance Gazette on Wednesday, 11 February 2015 by Vanya Damyanova   Buy-to-let was the sector to stand out in January marking a rise against the general housing market decline, the latest Connells data shows. While overall property valuations fell by 4 per cent on the month and by 23 per cent […]

Fleet issues first mortgage offer

Posted by on 15/01/2015 at 6:32 pm

  Published by Mortgage Introducer on Monday, 12 January 2015 by Ryan Bembridge   Fleet Mortgages has issued its first mortgage offer 10 days after receiving the full application from distributor Buy to Let Club. The product was a 2-year Buy-to-Let remortgage of 3.29% to 75% LTV on a four-bedroom house in the South East. […]

Lenders increase proc fees

Posted by on 08/01/2015 at 8:39 pm

  Published by Mortgage Finance Gazette on Monday, 05 January 2015 by Joanne Atkin   A number of mortgage lenders are increasing their procuration fees after a flurry of providers did the same towards the end of last year. For all new residential mortgage applications received by Skipton Intermediaries, proc fees will rise to 0.40 […]

Civitas: buy-to-let investors should face restrictions

Posted by on 06/01/2015 at 3:02 pm

  Published by FT Adviser on Friday, 02 January 2015 by Damian Fantato   Buy-to-let investors should face restrictions on how much they can charge their tenants, a report into the UK’s private rented sector claims. The 58-page paper, written by Daniel Bentley of Civitas, claims the UK’s housing market is “a mess” because of […]