Tag Archives: Buy to Let Landlord

Euro MPs kick out EU buy to let mortgage regulation Buy to Let News, Landlord News, Latest Articles, Mortgage News, Property News

Buy to let mortgage lenders are sighing with relief after the European parliament voted to exclude landlord loans from tough new lending rules.

The UK’s Council of Mortgage Lenders (CML) has campaigned long and hard for buy to let to be treated as a commercial loan rather than a residential mortgage, which was the initial thrust of the
European directive on credit agreements relating to residential property (CARRP). Continue reading Euro MPs kick out EU buy to let mortgage regulation


Property118 Landlords Newsletter – Issue 116 Latest Articles

This week’s edition features an introduction to Tessa Shepperson’s course “Landlord law made easy”, a recession busting article on how to save stamp duty, criteria to consider when purchasing a flat, buy to let market updates and the start of a series of articles on the availability of commercial finance.

Continue reading Property118 Landlords Newsletter – Issue 116


Buy to Let is a Living for Many Buy to Let News, Latest Articles, Property Investment News

According to the latest Landlords Panel research by BDRC Continental, one in four buy to let landlords own their property portfolio outright, while a third have a mixed portfolio.

The survey of NLA members showed something of a polarised investor community though. The investors who rely on buy to let mortgages believe the industry needs more competition, with only one in ten disagreeing. Many (60%) believe the buy to let lenders don’t take into account individual circumstances when it comes to mortgages and 39% believe the products available have little variety. Continue reading Buy to Let is a Living for Many


Landlords ask courts to evict 65 tenants every day Buy to Let News, Cautionary Tales, Landlord Law, Latest Articles

Buy to let landlords filed nearly 6,000 claims to evict tenants in the first three months of the year, according to the latest Ministry of Justice figures.

County courts handle around 65 new cases every day and lawyers are concerned that backlogs will cause financial problems for landlords as strikes and work-to-rules by public sector workers and delays as courts trim lists during the London Olympics. Continue reading Landlords ask courts to evict 65 tenants every day


All change on the buy to let mortgage front Buy to Let News, Latest Articles, Lettings & Management, Mortgage News, Property Investment News

Co-Operative Bank buy to let mortgage customers can breathe a sigh of relief as the wholesale scrapping of interest only loans does not include buy to let borrowers.

The bank’s specialist property investment subsidiary Platform will continue to offer interest only deals to landlords. Continue reading All change on the buy to let mortgage front


Property118 Landlords Newsletter – Issue 111 Newsletter

This week’s edition features a round up of all the week’s articles. Mark asks for advice with what to do when a tenant dies during a tenancy, The Property Maverick So you think you know what really caused the Credit Crunch? and Ben Reeve-Lewis askd whether you should take the Police’s word during an eviction. Neil runs through Godiva’s mortagge changes and Julie Ford runs the rule over Rent a Room and there is plenty more in the news.

Continue reading Property118 Landlords Newsletter – Issue 111


Confidence is high for buy to let landlords and brokers Buy to Let News, Latest Articles, Mortgage News, Property Market News

Buy to let mortgage brokers are celebrating a buoyant first quarter of business as landlord demand for loans increased.

Almost 80% of mortgage brokers expect buy to let to continue growing for the rest of the year, according to the findings of a buy to let broker sentiment survey by Paragon Mortgages. Continue reading Confidence is high for buy to let landlords and brokers


Ombudsman boots out rent row letting agent Buy to Let News, Cautionary Tales, Latest Articles, Lettings & Management

Letting agent Helen Gregory has been expelled from The Property Ombudsman scheme after a rent row with a buy to let landlord client.

Her firm Beechwood Property Portfolio, in Bakewell, Derbyshire, was dumped from the scheme after failing to resolve a dispute with the landlord over persistent late rent payments. Continue reading Ombudsman boots out rent row letting agent


Landlords warned to be insured against arrears Buy to Let News, Latest Articles, Lettings & Management, Property Investment News, Property Market News, Tenant Eviction

With rents still continuing to rise, insurance provider LetRisks is urging to buy to let landlords to ensure they are in a position to cope with rising arrears and evictions.

All figures relating to arrears and evictions appear to be the rise. The number of tenants with two months or more arrears increased by 11,400 in the space of a year according to the latest Tenant Arrears Tracker by Templeton LPA and evictions in the last quarter of 2011 went up 11% compared to the last year too. Continue reading Landlords warned to be insured against arrears


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