Landlords hike rents after lettings fee ban
Wed 31 Jul 2019
In June more than half (55%) of agents saw landlords hike their rents, a 22% increase from May.
Ryan Bembridge
Furness for Intermediaries cuts consumer buy-to-let rates
Tue 30 Jul 2019
Following the cuts the lender’s discount rate product include a 2-year product at 2.09% to 65% loan-to-value and a 2-year product at 2.54% to 75% LTV. Both products carry a £1,250 product fee.
LendInvest ups max loan size to £750,000
Fri 12 Jul 2019
The lender has also started paying a contribution towards borrowers’ legal fees for its 5-year fixed rate products at 75% LTV up to a maximum of £850.
Habito’s lending products will only be available internally
Tue 9 Jul 2019
The firm launched a buy-to-let lending range today, while it plans to enter the residential lending space.
IMLA calls for halt to buy-to-let changes
Mon 8 Jul 2019
The number of landlords with one rental property fell from 78% eight years ago to 45%. Meanwhile 17% of landlords now own five or more properties, a 12% increase since 2010.
Lettings fee ban fuelling fraudulent rental applications
Fri 5 Jul 2019
Research from lettings and estate agent Benham and Reeves has found there’s been 13 fraudulent applications per month in 2019, up from six in 2018.
Vida launches buy-to-let products
Fri 5 Jul 2019
Vida is launching a 75% LTV buy-to-let product for large loans at 3.59%.
Fluent Mortgages: Days of lenders dealing with incomplete applications are ending
Thu 4 Jul 2019
“Let’s not give lenders any more reasons to look elsewhere for distribution.”
Octane Capital slams practice of charging high default interest rates
Thu 4 Jul 2019
Brokers have been urged to check the small print on deals to avoid falling foul of these high default interest rates.
Prestige Finance issues £1m second charge loan in three weeks
Wed 3 Jul 2019
The customer had completed a major refurbishment of their main residence utilising funds raised via two buy-to-let properties, credit cards and personal loans.