Posts Tagged ‘BTL’
Aldermore launches changes to BTL product range
Aldermore launched yesterday two limited edition changes to its standard buy-to-let (BTL) product range. The changes are: 3.18 per cent to 70 per cent LTV (loans up to £1m) 3.25 per cent to 75 per cent LTV (loans up to £600,000) The loans are available for private individuals on purchases and remortgages, they both have…
Read MoreBTL adds to UK property price growth
Some would say that the UK property boom is now bigger than that of the US in 2007 and we all know what happened there, the bubble burst. Mark Carney, Governor of the Bank of England reiterated his concerns about the growth of the Buy-to-Let (BTL) mortgage when speaking to a panel of MP’s on…
Read MoreAutumn Statement is “a double edged sword”.
Following the chancellor’s big announcement on housing which saw him confirm that he’s doubling the housing budget to £2bn a year to deliver 400,000 affordable new homes by 2020, Andrew Ellinas, Director of Sandfords, a Central and North West London agent, says; “the planned increase in starter homes for first time buyers will energise the…
Read MoreTougher mortgage rules for BTL landlords
It is getting tougher for Landlords who need a mortgage to fund their buy-to-let, tighter checks combined with higher interest rates could see less landlords applying to borrow from now on, this comes at a time when landlords are being hit with new regulations across the board, government announcements over the past week made it…
Read MoreMore tips and advice when renovating a Buy-to-Let.
I have built up a good stock of reliable tradesman and I’m always glad to recommend their services. Ask for quotes and how long it will take to complete a job before anything is agreed. Getting a price upfront usually means that the electrician or plumber will not drag the job out and will want to move…
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