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Changes for BTL portfolio landlords announced at Together

Changes for BTL portfolio landlords announced at Together

Together has confirmed its continued support for buy-to-let portfolio landlords ahead of the Prudential Regulation Authority’s (PRA) underwriting changes to be implemented from 30 September 2017.

22 Sep 2017

Lloyds announce £1,000 cashback on remortgages

Lloyds announce £1,000 cashback on remortgages

Lloyds Bank has announced that it has launched a new cashback offer, refunding one standard monthly mortgage payment of up to £1,000 to customers who remortgage from another lender.

22 Sep 2017

Precise announce new portfolio landlord process

Precise announce new portfolio landlord process

Specialist lender, Precise Mortgages, has announced that it is helping brokers prepare for the looming PRA portfolio landlord changes by launching its portfolio proposition online.

22 Sep 2017

Paradigm adds Bluestone to panel

Paradigm adds Bluestone to panel

Paradigm Mortgage Services has announced that specialist lender, Bluestone Mortgages, has been added to its lender panel.

21 Sep 2017

Hinckley & Rugby announce increases to maximum loan sizes

Hinckley & Rugby announce increases to maximum loan sizes

Hinckley & Rugby Building Society has announced that it has increased its maximum loan sizes at various LTVs as part of a raft of changes in its mortgage policies.

21 Sep 2017

Caution raised over rushing into long-term fixed rate deals

Caution raised over rushing into long-term fixed rate deals

New figures show that the popularity of remortgaging has hit its highest point in almost ten years, a timescale that correlates with the last time The Bank of England had leading interest rates as low as they are today.

21 Sep 2017

Cash interest rates causing 5 year delay for FTBs

Cash interest rates causing 5 year delay for FTBs

According to a new report from Bricklane.com, Generation Rent will be delayed from owning their first home typically by five years if they leave savings in cash.

21 Sep 2017

50% rise in homeowners releasing equity from their homes

50% rise in homeowners releasing equity from their homes

According to new figures compiled by equity release provider, Responsible Equity Release, homeowners have released 50% more equity from their homes over the past three months.

20 Sep 2017

Air Sourcing joins Equity Release Council

Air Sourcing joins Equity Release Council

AIR Sourcing, the sourcing system for equity release and retirement lending products, has announced that it has joined the Equity Release Council.

20 Sep 2017

Could Junior ISAs spark an FTB boom?

Could Junior ISAs spark an FTB boom?

New research has revealed that if savings into Junior ISA’s continues at the current rate young people’s worries about saving a large enough deposit for their first home could be solved.

19 Sep 2017

 

A solution for cutting Britain’s £20bn housing benefit bill?

A solution for cutting Britain’s £20bn housing benefit bill?

Recent data has revealed that the government spends four times as much on housing benefits as it does on building houses – rent reform campaigner Ajay Jagota believes he has the answer for how we can get the UK’s £20bn housing benefit bill down.

19 Sep 2017

Unnecessary mortgage fees cost Brits £370m a year claims mortgage adviser

Unnecessary mortgage fees cost Brits £370m a year claims mortgage adviser

According to One 77 Mortgages, UK home buyers are wasting £370 million a year on unnecessary ‘advice fees’ charged by the majority of mortgage brokers.

19 Sep 2017

Record profits announced at The Right Mortgage Ltd

Record profits announced at The Right Mortgage Ltd

In its second full year of trading, The Right Mortgage Ltd has posted a turnover of £14.8m for the 16/17 tax year and a pre-tax profit of £405k, almost doubling the previous year’s figures of £8.7m turnover and £203k pre-tax profit.

18 Sep 2017

Foundation Home Loans raise maximum BTL loan size

Foundation Home Loans raise maximum BTL loan size

In response to increasing demand, Foundation Home Loans has announced that it is increasing its maximum loan size across its Buy to Let range to £1m for loans up to 65% LTV.

18 Sep 2017

The Mortgage Hut announce launch of new commercial finance arm

The Mortgage Hut announce launch of new commercial finance arm

The Mortgage Hut has announced that it has launched a new bridging and commercial finance arm to meet growing demand from customers requiring complex property loans.

18 Sep 2017

Gender property gap shrinking

Gender property gap shrinking

New research and data from online estate agent, eMoov.co.uk, has highlighted the gap in mortgage affordability between men and women due to the gap in their average salary.

15 Sep 2017

Families urged to guard against future interest rate rises

Families urged to guard against future interest rate rises

Finance platform, Freedom Finance, is urging UK families to review their finances after revealing a future interest rate rise could add more than £750 to the average annual mortgage bill.

15 Sep 2017

Moving Home: Avergage cost jumps by 6% in a year

Moving Home: Avergage cost jumps by 6% in a year

The latest research from Lloyds Bank has revealed that the average cost of moving home in the UK has increased by £628 over the past year to £11,624.

15 Sep 2017

More FTBs helped by grandparents than parents

More FTBs helped by grandparents than parents

New research by equity release referral service, Key Partnerships, has revealed that 34% of estate agents have seen a rise in first-time buyers being helped by grandparents compared with 26% who report an increase in parents helping out children.

14 Sep 2017

Is there light at the end of the tunnel for FTBs?

Is there light at the end of the tunnel for FTBs?

New data and analysis covering Q3 2017 by specialist bank, Aldermore, has revealed that the outlook for first time buyers is slowly becoming more optimistic.

13 Sep 2017

Are 2-year mortgage 'churn' deals resigning clients to an uncertain financial future?

Are 2-year mortgage 'churn' deals resigning clients to an uncertain financial future?

Advisers and organisations who continue to focus on two-year mortgage ‘churn’ deals are delivering ‘poor advice’ to their clients, according to mortgage and protection network, JLM Mortgage Services.

13 Sep 2017

Many BTL brokers still in the dark about looming portfolio changes

Many BTL brokers still in the dark about looming portfolio changes

New research from Kent Reliance has identified that approximately half of brokers are comfortable that they fully understand what the upcoming PRA changes for portfolio landlords entail, and what they will mean for their business.

13 Sep 2017

Top tips to get a mortgage if you live in a low acceptance rate area

Top tips to get a mortgage if you live in a low acceptance rate area

As new information shows that the East Midlands is one of the toughest regions in the country to get accepted for a mortgage, financial experts and mortgage brokers Choice Finance explain what those who live in Leicester, Nottingham and Derby can do to boost their chances of securing a property.

12 Sep 2017

One in five Brits have no home insurance says new study

One in five Brits have no home insurance says new study

Together Mutual Insurance has revealed the vulnerability of Britain’s homes as 20% admit they have no contents or buildings insurance.

12 Sep 2017

Teachers Building Society announce extention of maximum mortgage term

Teachers Building Society announce extention of maximum mortgage term

The lender has announced that the extension to 40 years will help buyers with affordability as house prices remain high.

08 Sep 2017

Conveyancing activity at 4 year low

Conveyancing activity at 4 year low

Activity in the UK conveyancing market dipped significantly over Q2 2017, as stagnant housing supply and restricted home moving activity pushed total conveyancing volumes down 14% to 210,964 from 245,738 in Q1 2017: the fewest cases in a single quarter since mid-2013.

07 Sep 2017

L&G announce launch of new home insurance tool

L&G announce launch of new home insurance tool

Legal & General has announced that it has launched SmartQuote - a mobile friendly tool which allows consumers to get a household insurance quote in about 90 seconds by answering five questions.

07 Sep 2017

Leeds announce new fixed rate products

Leeds announce new fixed rate products

Leeds Building Society has announced several new fixed rate remortgage products available from today.

06 Sep 2017

Latest Comments

Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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sean benton
sean benton 01 Sep 2017

Identity theft is a thread for any profession. So,people should stay alarmed. I once take help from a letting agent and came to know that letting agents are taking every precaution to prevent fraudulent...

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Mark N.
Mark N. 30 Aug 2017

We have seen a surge in instructions over August and that should continue into September too.

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Chris
Chris 30 Aug 2017

Unfortunately, all the legislation bears its force on Landlords and ignores, naively, the effect of Rogue Tenants on the ability of landlords to keep houses in repair and offer properties for rent at reasonable...

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

It depends on the people, some older adults decide to make a long-distance move in order to live closer to their children or settle in a place with a lower cost of living.

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brandonlee10
brandonlee10 24 Jul 2017

The financial ramifications of the triggering of Article 50, the starting gun for Britain's departure from the EU, are far from clear. Buyers will be most cautious in London, given that buying a home in...

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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