buytolet

There are more buy-to-let mortgage deals available now than at any point during the pandemic, including ‘green’ deals – but some landlords are considering leaving the market due to incoming energy efficiency rules. The number of deals on the market has reached more than 2,700, according to Moneyfacts, the highest since March 2020 and an … Read more

Punitive tax changes have meant that landlords have bought a quarter of a million fewer homes in the past five years. Since April 2016, landlords have bought around 700,000 homes across Britain. This is 250,000 – or 26 per cent – fewer than they would have if the tax regime had stayed the same, according … Read more

Three in five landlords are now interested in a ‘green’ mortgage – but only four lenders are offering them, and only one on new purchases.   A total of 62 per cent of landlords described themselves as ‘interested’ in the loans, which reward them for making their properties more energy efficient, according to research by mortgage … Read more

My partner and I are finally buying a new home with more space and a garden, having struggled in our one-bedroom flat during lockdown. We are in the fortunate position of being able to buy without having to sell and we have therefore decided to keep our flat as an investment and rent it out. … Read more

A significant number of UK landlords are putting themselves and their tenants at risk by not complying with required safety regulations, a new survey has suggested.  Almost half of tenants living in privately rented accommodation with gas mains say they have not had their gas appliances checked in the last 12 months, according to research … Read more

Landlords are seeing the choice of available mortgage deals increase as the number of products on the market rose by 233 last month alone. Mortgage options increased for the fifth consecutive month in March meaning there are a total of 2,333 buy-to-let products now available, according to the latest Moneyfacts data. This means the number … Read more

Tenants locked in deposit feuds have been awarded 50 per cent more money back than their landlords when disputes go to adjudication. Roughly one in every 30 tenancy deposits are disputed according to the Deposit Protection Service – one of the three Government-backed schemes for England and Wales. Since the start of 2018, 66,768 tenancy … Read more

Landlords could get preferential treatment when applying for mortgages if their properties are energy efficient, as lenders begin to launch new green products to the market.   This week, Paragon Bank launched a new range of buy-to-let mortgages which offer lower-deposit options to landlords whose properties have an Energy Performance Certificate rating between A and C. … Read more

Credit Suisse has been thrown into crisis just weeks before Antonio Horta-Osorio joins as chairman from Lloyds Bank. The Swiss investment bank was already reeling from the aftermath of a spying scandal and its exposure to bust lender Greensill Capital. But now it has revealed it will suffer a ‘highly significant’ hit to its profits … Read more

The proportion of homes bought off-plan hit a six-year low in 2020 as landlords left the market – although there are signs homeowners may be warming up to the idea of buying a home before it is fully built. A third – or 33 per cent – of new-builds that completed in England and Wales … Read more