Buy To Let Mortgages Continue To Lead The Way In UK Property Market Re-mortgaging activity in the first quarter of 2013 saw UK mortgage lending reach a new high, with more landlords trying to raise finance to buy more suitable residential properties with a view to letting them out to tenants, according to the latest […]
Read MoreIn the UK the combination of high tenant demand, increasing rents and realistic vendor pricing of properties for sale has been a major driving factor behind the increase in PRS rental yields. Buy-To-Let rental yields increased from 6.1% to 6.7% over the last quarter of 2012, with the biggest jump in the private rented sector […]
Read MoreUK Property Prices Still Falling But Its Not All Bad… UK property prices fell faster than expected in November2012, attracting many new buyers according to the Royal Institute of Chartered Surveyors (RICS). In its latest analysis of the UK residential property market, RICS found that: 9% more of RICS surveyors reported property price falls rather than rises, […]
Read MoreBut lending is still far from its peak, say mortgage experts. Buy-to-let mortgage lending has increased by 20% over the last year, signalling strong growth in the UK private rental sector (PRS). New figures from the Council of Mortgage Lenders (CML) reveal that more than 33,000 loans worth £3.9 Billion (GBP) were advanced in the […]
Read MoreThere are fresh fears that First-Time Buyers (FTBs) and next time buyers are being forced out of the UK residential property market by Buy-To-Let landlords. The Council of Mortgage Lenders (CML) said that 32,300 Buy-To-Let mortgage loans were made over the first quarter of 2012, a 32% increase on the first three months of 2011. […]
Read MoreThe rise in numbers of accidental landlords has accelerated over recent years but now mortgage lenders are beginning to clamp down on the practice. The National Landlords Association (NLA) said the number of would be vendors forced into letting their properties because they were unable to find a buyer has now risen to 7%, (up […]
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