BTL Archives - Page 5 of 15

The top 10 BTL hotspots for portfolio landlords revealed

Author: Property118.com Landlord News Team

9th April 2024, 2 years ago | 2

Manchester’s M14 postcode, which includes Fallowfield, Rusholme, Old Moat and Ladybarn, is the UK’s most popular location for buy to...

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BTL landlords are shrinking portfolios despite rising rents

Author: Property118.com Landlord News Team

5th April 2024, 2 years ago | 33

Buy to let investors in England and Wales are reducing the size of their portfolios, despite healthy rental income growth,...

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BTL lending slumps amid rising costs for landlords

Author: Property118.com Landlord News Team

5th April 2024, 2 years ago | 0

The UK’s buy to let market is experiencing a significant slowdown, with a sharp decline in new lending and increasing...

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Landbay, YBS and Foundation unveil new BTL products

Author: Property118.com Landlord News Team

28th March 2024, 2 years ago | 0

Landbay has introduced new five-year fixed-rate offerings at an 80% loan-to-value (LTV) ratio, catering to both standard properties and small...

Foundation – The Lender with many criteria quirks!

Author: Howard

22nd March 2024, 2 years ago | 0

Foundation Homeloans, are one of the more flexible lenders and recently had a bit of a shake-up. Landlords will be...

Professional portrait of a business executive representing Foundation Home Loans’ Buy to Let relaunch.

Buy to Let by Foundation launches new HMO products for first-time landlords

Author: Property118.com Landlord News Team

7th March 2024, 2 years ago | 1

Buy to Let by Foundation, the BTL brand of Foundation Home Loans, has unveiled two innovative HMO products tailored specifically...

Landlords expand and diversify their BTL portfolios amid market confidence

Author: Property118.com Landlord News Team

1st February 2024, 2 years ago | 0

More than half of buy to let landlords have increased their property holdings in the past year, a new study...

Business leader highlighting landlord survey on broker expertise in tax and regulation

Landlords eye expansion as BTL market stays strong

Author: Property118.com Landlord News Team

17th January 2024, 2 years ago | 0

More than a quarter of landlords are looking to expand their property portfolios in 2024 because the UK’s buy to...

MT Finance is the latest BTL lender to cut rates

Author: Property118.com Landlord News Team

16th January 2024, 2 years ago | 0

MT Finance is the latest buy to let lender to announce a rate reduction on its 16 BTL products, effective...

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New BTL mortgage options unveiled by Foundation Home Loans and Shawbrook

Author: Property118.com Landlord News Team

8th January 2024, 2 years ago | 0

Foundation Home Loans has unveiled a new five-year fixed rate buy to let mortgage for both acquisition and refinancing needs....

Buy to let mortgage inquiries drop by a third

Author: Property118.com Landlord News Team

5th January 2024, 2 years ago | 0

There has been a substantial decline in buy to let mortgage inquiries across the UK for December 2023, data reveals....

Fleet Mortgages cuts its BTL interest rates

Author: Property118.com Landlord News Team

5th January 2024, 2 years ago | 1

Fleet Mortgages has announced a substantial reduction in interest rates for its mortgage products covering two-, five- and seven-year fixed...

The average buy-to-let mortgage rates for some typical two-year fixed rate deals favoured by landlords have doubled since the start of the year, it has been revealed. According to Property Master's Mortgage Tracker, the average rate for a typical £160,000 BTL mortgage fixed for two years for a Loan to Value (LTV) of 60% had more than doubled since the start of this year – from 1.69% in January to 3.43% in August. This took the monthly cost, including fees, from £262 to £494, an increase of £232. The online buy-to-let mortgage broker also found that the same mortgage fixed for five years had also increased dramatically from 1.94% in January to 3.5% in August - an increase in monthly costs, including fees, from £273 in January to £481 in August, up £208. 'Cost of buy-to-let mortgages continues to rise inexorably' Angus Stewart, Property Master's chief executive, said: "The cost of buy-to-let mortgages continues to rise inexorably. "Obviously, much of this reflects the Bank of England's decision to hike interest rates for the sixth time earlier this month but there are other factors at play too. "We are seeing reduced competition in the buy-to-let mortgage market caused by a combination of factors with some lenders using higher rates to manage customer demand, whilst others are taking the opportunity to widen their margins." He added: "We have said for some years that increased regulation and higher costs were leading to the professionalisation of the private rented sector. "In reality, this will mean fewer but larger landlords. 'Unaffordable rises in mortgage costs' "For many of the smaller players in this market, unaffordable rises in mortgage costs will undoubtedly lead them to conclude buy-to-let no longer works for them. "Indeed, the latest figures from HMRC show a dramatic increase in takings from Capital Gains Tax suggesting many landlords are deciding this is the moment to sell-up." The Property Master Buy-to-let Mortgage Tracker follows 30 lenders who constitute around 75% of total BTL mortgage lending.

The same BTL mortgage deal that is worse for existing customers?

Author: Readers Question

11th December 2023, 2 years ago | 4

Hi, The mortgage lenders have got creative with BTL deals of late. Higher fees for lower rates, but this bit...

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Struggling To Get a Mortgage – Maybe We Can Help

Author: Malcolm Jones

8th December 2023, 2 years ago | 0

The mortgage market has been through a tough time in recent months, following 14 months of consecutive base rate increases....

BTL Mortgages starting below 4%

Author: Howard

1st December 2023, 2 years ago | 0

CHL Mortgages has expanded its product range, and now includes standard buy-to-let two-year fixed-rate mortgages up to 65% loan to...

£ for £ remortgage with NO Interest Cover Ratio

Author: Howard

29th November 2023, 2 years ago | 0

In the current market, some landlords are struggling to meet the lender’s requirement for rental income to be 125% –...

Landbay break the sub 5% BTL barrier!

Author: Howard

20th November 2023, 2 years ago | 0

Landbay, the BTL powerhouse taking on the bigger lenders in the fold have released a 4.75% mortgage rate! This is...

Landlords slash borrowing amid rising interest rates

Author: Property118.com Landlord News Team

13th November 2023, 2 years ago | 0

Buy to let landlords have cut down their mortgage debt by almost 20% in a year of economic turmoil, according...

Landbay's sales and distribution director, Rob Stanton wearing a light blue suit and white shirt

Landbay cuts BTL rates as swap rates fall

Author: Property118.com Landlord News Team

9th November 2023, 2 years ago | 0

Landbay has announced a second round of rate reductions in just over a week, taking advantage of the falling swap...

Tag: BTL

The top 10 BTL hotspots for portfolio landlords revealed

BTL landlords are shrinking portfolios despite rising rents

BTL lending slumps amid rising costs for landlords

Top postcodes for buy to let investors revealed

Landbay, YBS and Foundation unveil new BTL products

Foundation – The Lender with many criteria quirks!

Buy to Let by Foundation launches new HMO products for first-time landlords

Landlords expand and diversify their BTL portfolios amid market confidence

Landlords eye expansion as BTL market stays strong

MT Finance is the latest BTL lender to cut rates

New BTL mortgage options unveiled by Foundation Home Loans and Shawbrook

Buy to let mortgage inquiries drop by a third

Fleet Mortgages cuts its BTL interest rates

The same BTL mortgage deal that is worse for existing customers?

Struggling To Get a Mortgage – Maybe We Can Help

BTL Mortgages starting below 4%

£ for £ remortgage with NO Interest Cover Ratio

Landbay break the sub 5% BTL barrier!

Landlords slash borrowing amid rising interest rates

Landbay cuts BTL rates as swap rates fall