INTEREST in
buy-to-let and second homes is fading fast as taxes bite, the evidence suggests.
Global Banking News-May 24, 2018--Sainsbury's Bank to offer
Buy-To-Let products
In the
buy-to-let sector, both the number of loans and the amount borrowed by prospective landlords decreased by 16%.
AFTER taking a battering during the economic downturn, the North East
buy-to-let market has enjoyed something of a resurgence in the past couple of years.
One in four lenders is handing out potentially risky
buy-to-let home loans, the Bank of England has warned.
THE Bank of England could be handed stronger powers over the
buy-to-let mortgage market under a consultation launched by the Government.
MORE than nine in 10 (93%) of
buy-to-let property investors have no plan in place for their investment over the next five years, according to research from specialist
buy-to-let business Platinum Property Partners.
LANDLORDS are looking to 2014 with an increasing sense of optimism for the wider
buy-to-let market and the performance of their rental portfolios, according to a report.
PRIVATE lettings agents Northwood, one of the largest providers of guaranteed rent to landlords nationally, has launched its own
buy-to-let mortgage tool in a bid to encourage small investors and first-time landlords to build their portfolio - secure in the knowledge that their rental income is safe.
The mortgage variable rate is between 4.5% and 5.5% on most
buy-to-let mortgages.
RESEARCH from the National Landlords Association (NLA) has shown that almost threequarters (74 per cent) of landlords agree that the
buy-to-let market needs greater innovation, while 89 per cent also believe it would benefit from more lenders or greater competition.