Archive

Marsden Building Society has announced several changes to its expat mortgage criteria, including accepting British Nationals Overseas Persons (BNOPs) and foreign...

Unencumbered rental properties present a big opportunity for brokers to grow buy to let business, says financial specialist Brightstar. In a video...

It will take no less than 18 years for all private rental properties to achieve an EPC rating of C or...

The Mortgage Works (TMW) has reduced rates by up to 0.45 percentage points across its product range, with rates starting from...

Zephyr Homeloans, the specialist buy to let mortgage provider, has launched a two-year, fixed, 80% mortgage product across its standard, HMO...

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

Paragon Bank is offering four new limited edition buy to let mortgages, with two products suitable for landlords with three or...

Landbay has announced a raft of rate reductions across its buy to let product range, with rates falling by as much...

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

Growing mortgage product choice shows growing confidence in aspects of the housing market, even before anticipated rate cuts. That’s the view of ...

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...

HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...

The significant majority of mortgaged residential properties currently below Energy Performance Certificate band C could achieve band C or above by...

A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...

Paragon Bank has launched a new refurb-to-let deal, offering landlords finance to upgrade their properties. The two refurb-to-let products are designed for...

Buckinghamshire Building Society has launched a new non-standard credit buy to let mortgage, following what it calls “significant broker demand.”   The BTL...

The Mortgage Works is launching a new tool that provides brokers with the opportunity to support portfolio landlords.   With the buy...

FinTech company Mortgage Brain has partnered with large scale buy to let lender The Mortgage Works to host a free Mortgage...

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries from...

The latest report from the Intermediary Mortgage Lenders Association (IMLA) reveals that intermediary confidence in the industry increased in Q1 2024. Some...

Many buy to let landlords have made financial changes during the cost of living crisis to mitigate the rising costs of...

Buy to let lender Landbay has enhanced its like-for-like remortgage range with new lower stress testing, alongside new rate reductions. For landlords...

UK Finance’s latest arrears and possessions data shows a modest three per cent rise in homeowner mortgages in arrears to 96,580...

HSBC has made a slew of changes and increases to its residential and buy to let mortgage products. The bank is introducing...

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

The proportion of buy to let properties purchased in Southern England fell to a record low last year, continuing a trend...

Keystone Property Finance has expanded its services by introducing further advances for landlords undergoing product transfers. As part of Keystone’s PT Plus...

Chorley Building Society has extensive enhanced its mortgage range with new products for limited company buy to let investors, holiday lets,...

There’s been a bevvy of buy to let mortgage deal changes this week. Shawbrook has made a series of reductions across its...

There’s been a huge rise in the number of buy to let property repossessions in the first quarter of 2024 compared...

Suffolk Building Society has introduced a tiered approach to its Interest Cover Ratio assessment for buy to let and holiday let...

Leek Building Society has used its annual report and publication of accounts to mount a stout defence of its methodology regarding...

Kent Reliance for Intermediaries - part of the OSB Group - has refreshed products across their residential, buy to let, and...

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

The Cambridge Building Society has re-introduced top slicing on its standard Buy to Let range up to 80 per cent LTV. This...

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ wrapper. Both are available...

The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...

Hampshire Trust Bank has launched a limited edition two year discounted Flex tracker across its buy to let and semi-commercial offerings....

There were 29,060 new mortgages taken out by older borrowers over 55 in the last three months of 2023 - down...

A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

High street bank Virgin Money UK says there is light at the end of the tunnel for mortgages and the housing...

With the quick-fire mortgage rate cuts which characterised the past month now slipping into the rear-view mirror, the latest changes from...

UK Finance says there were 93,680 homeowner mortgages in arrears of 2.5 per cent or more of the outstanding balance in...

Access Financial Services has partnered with Nomo Bank to offer Sharia-compliant property finance for UK rental and residential property. The products address...

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

Mortgages for Business is rebranding to Mortgage Finance Brokers, or MFB. A statement from managing director Gavin Richardson says: “It’s now a...

Two organisations have joined forces to create a new platform dedicated to providing holiday let mortgages. Holiday Cottage Handbook Financial Services claims...

Some 74 per cent of residential buy to let landlords feel confident about the performance of the property market over the...

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

Accord Mortgages is cutting rates on its buy-to-let range in what it calls a bid to “offer better value to brokers...

The 2023/24 Your Mortgage Awards’ ‘Best Buy to Let Mortgage Lender’ has been named. It’s The Mortgage Works, and this is not...

Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...

Following analysis of its 2023 buy to let mortgage market data, Twenty7tec has reported a significant fall in searches for buy...

Shawbrook Bank has seen a dramatic reduction in the time to process buy to let mortgage offers since rewriting legacy software...

A new personal guarantee insurance protection service has been launched for professional landlords - triggered by a surge  in incorporation. Purbeck Personal Guarantee...

Lenders’ trade body UK Finance says there were 11,540 buy to let mortgages in arrears of 2.5 per cent or more of...

A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...

Landlords need greater support from mortgage advisers in order to navigate the best course through the current economic climate. That’s according to...

Jo Breeden, managing director of Crystal Specialist Finance, writes: In his recent speech, the Prime Minister scrapped the proposed changes to EPC...

Molo, which calls itself the UK’s first fully digital mortgage lender, has launched a Non-Resident Buy-to-Let Mortgages, unlocking investment opportunities for...

A new analysis of the UK’s buy to let mortgage market shows just how much it’s grown over the past decade,...

It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...

The head of a specialist buy to let mortgage broker has controversially told landlords that the scrapping of Section 21 eviction...

New analysis of personal guarantee requests from lenders for Limited Company Buy to Let mortgage, has found that the average personal...

Aldermore is to allow brokers greater flexibility to appoint conveyancers to support on complex buy to let transactions. The lender is to...

Legal and General Mortgage Club members will now be able to access LendInvest's new Residential Mortgages range, as well as its...

Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...

The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...

Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...

High profile specialist lender Shawbrook has unveiled two new mortgage products for its Buy to Let, Commercial and Semi-Commercial ranges.  The offerings...

Bluestone Mortgages is quitting the buy to let sector and says it will focus entirely on the owner-occupied mortgage market. It has...

Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...

Metro Bank has undertaken what it calls “a major transformation of its mortgage origination platform” to streamline the process for both...

LendInvest has announced a £500m investment to contribute towards the cost of new Buy To Let and Residential Mortgage products. This new...

Fleet Mortgages is offering landlord borrowers £1,000 cashback if they improve the Energy Performance Certificate of the property to a C...

The latest monthly criteria index from Knowledge Bank highlights the pressing financial difficulties for many in the UK - and with...

The Intermediary Mortgage Lenders Association wants the government to give additional support to landlords It says the cumulative effects of regulatory and...

New research from bridging specialist and buy to let lender Mercantile Trust reveals an apparent lack of awareness among brokers and...

Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...

Mortgage experts, Revolution Brokers, claim that landlords hoping to reduce void periods by investing in a buy-to-let within high-demand areas will pay...

The rental market looks to be returning to good health with a significant reduction in void periods and costs compared to...

This week’s mortgage roundup showcases the benevolence of the mortgage sector, with The Cambridge relaunching its products for expats, while Newcastle...

New research conducted by the property lending experts, Octane Capital, claims that over the last five years the buy-to-let sector has...

Savings and lending bank Shawbrook recently conducted a Changing Face Buy-to-Let Report to investigate refurbishment costs. In total 1,000 landlords, and 1,000...

The Nottingham has introduced a new larger lending mortgage aimed at those looking to borrow over £350,000. Priced at 1.85%, the two-year...

LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...

West One Loans’ buy-to-let division has announced new product launches and lower prices to broaden its product range. The new range will...

Kensington Mortgages has announced a variety of rate cuts and relaunches across its residential and buy-to-let ranges. Available since September 9, the...

Hinckley & Rugby Building Society has launched two new residential mortgages for later life borrowers, with the option of interest-only for...

Steve Olejnik has been appointed managing director of Mortgages for Business. Taking over from David Whittaker (who set up the independent brokerage...

Historically second charge mortgages or secured loans as they are also known were seen as a last chance option for a...

The borrowing limits on Foundation Home Loans’ buy to let range has increased from £2 million to £3 million. There is no...

Landlords are being urged to remortgage in order to prepare for the reformed buy-to-let lending criteria due to be introduced in...

OneSavings Bank (OSB) has announced its new lending criteria for portfolio landlords to help brokers prepare for the PRA Phase 2...