Buy-to-let lending has reached its highest level for four years, figures from the Council of Mortgage Lenders show, indicating that demand to borrow money from landlords remains strong.
Buy-to-let lenders pile on mortgage fees
Buy to let mortgage rates may be falling – but the cost of loans is still expensive as lenders pile on fees.
Cheaper landlord mortgages as lenders trim rates
Britain’s two leading buy to let lenders are flexing their financial muscle to grab a larger share of the market as landlords look to borrow more.
50% of landlords want to buy more homes
More than half of buy to let landlords want to cash in on the rental boom by buying more homes in the next six months.
Google grabs share of buy to let mortgage market
Search engine giant Google has lined up another assault on the mortgage market with the launch of a new buy to let loan comparison service.
Paragon wants to be a bank
Buy to let lender Paragon Mortgages is in talks with private bank Hampshire Trust in a bid to make a grab for the firm’s retail banking licence.
Landlords warned over BMV scams
Private landlords tempted by below market value or ‘no money down’ offers from property sourcing clubs may unwittingly involve themselves in fraud and risk costly fines or even jail.
Landlord mortgages may cost more
Landlords may find arranging a buy to let mortgage more expensive as an upheaval in the way financial advisers are paid threatens to ban lenders paying commission or other inducements to recommend a loan.
Buy to let lending grows, but no boom
Lenders are advancing more buy to let mortgages worth more money to landlords – but the market is still running at around a third of the level of the boom years before recession hit.
New landlord lender kicks off first deal
New buy to let lender Cambridge and Counties Bank’s first buy-to-let has hit the market.