Landlords are expected to face buy to let mortgage restrictions after one lender changed its criteria to demand that rental income was increased before a loan is agreed. The Mortgage Works said it is increasing the amount of rental cover required – which is how much a landlord needs to […]
Rent arrears hit a two-year high
The number of tenants in the UK’s rental properties with severe rent arrears has reached a two year high, according to a new report. In the Tenant Arrears Tracker, which is put together by Your Move and Reeds Rains, found that there are more than 74,000 tenants who owe more […]
Benefit payment delays hit landlords
Delays in housing benefit payments from local authorities have affected more than half of landlords in the private rental sector, says the National Landlords’ Association (NLA). The NLA has published the results of its research which shows that nearly 3.3 million tenants were affected by late benefit payments last year […]
Property fraud hotline set up by Land Registry
The Land Registry has launched a dedicated phone line to help tackle mortgage crime and home ownership fraud.
Guide to buy to let refurbishment loans
Finding the money to refurbish a buy to let poses a problem for many would-be landlords who blow their budget on purchasing a property.
Skint renters take 23 years to save a deposit for a home
Just how much renters need financial help from the government’s Help to Buy mortgage guarantee plans is revealed by new figures that show most would take 23 years to save enough money for a deposit.
EU agrees to keep buy to let loans out of new directive
Buy to let mortgage restrictions proposed under the European mortgage directive look like being struck off the agenda.
Tracking Down Professional Landlord Mortgages
First-time landlords generally have an easier time raising a mortgage to fund buying non-standard properties rental properties than professional landlords with larger property portfolios.
Raising the cash for development projects
Self-building a development project to rent from scratch is viable investment project for many landlords with plots of land – but how do you raise the cash.
Landlord mortgage fraud jumps 40% in a year
Landlords secretly letting out their former homes without telling their mortgage lender the property is a buy-to-let are fraudsters, alleges a new report.
