Tag Archives: LIBOR

What’s Hot this week on the Property Tribes Forum Buy to Let News, Property Investment News, Property Investment Strategies, Property Market News, UK Property Forum for Buy to Let Landlords

There are so many valuable discussions for Landlords going on over on Property Tribes this week I thought I would reproduce their latest newsletter entitled:  PropERty Tribes celebrates 60 years of HRH, which also lists the top 20 discussions of the week with links to them.

The average property price in the UK is 86 times higher now than in 1952, research by HSBC has revealed ahead of the Diamond Jubilee.

At the start of the Queen’s reign the average property was priced at £1891, compared to an average £162,722 today.

Continue reading What’s Hot this week on the Property Tribes Forum


Buy to Let remortgaging is now possible inside 6 months Buy to Let News, Commercial Finance, Latest Articles

Mortgage Trust will now consider remortgaging a property inside 6 months of the date of purchase, but only if there have been significant improvement works carried out which have enhanced the property’s value.

Continue reading Buy to Let remortgaging is now possible inside 6 months


Mortgage interest rate FAQ Financial Advice, Latest Articles, Mortgage News

Headlines screaming out about rising mortgage interest rates are filling the news, so some facts and figures about the buy to let and home loans market should shine a light on what’s really happening.

Here is some information explaining some frequently asked questions about mortgage interest rates compiled with the help of the Council of Mortgage lenders, the trade body for all the UK’s leading bank and building society mortgage lenders: Continue reading Mortgage interest rate FAQ


The Dangers of SVR’s (Standard Variable Rate) Mortgages landlord's log

Ever since I got into this business I have avoided SVR (Standard Variable Rate) mortgages or discounted/fixed rate mortgage products that revert to an SVR like the plague. Now I’m not talking about bank base rate trackers or LIBOR rates, they are fine. I prefer bank base rate trackers myself but that’s another story and I’m rambling now so I will move on. Continue reading The Dangers of SVR’s (Standard Variable Rate) Mortgages


Bank Rates Stay at 0.5% – But New Mortgages Cost More Financial Advice, Latest Articles, Property Market News

The Bank of England has kept the base rate at 0.5% and pegged quantative easing at the previously agreed £275 billion.

The decision means the base rate has sat at the record low for 34 months in a row and the £75 billion quantative easing top-up will complete around the end of the month. Continue reading Bank Rates Stay at 0.5% – But New Mortgages Cost More


Cheap Buy to Let Mortgages Set to Disappear Buy to Let News, Latest Articles, Mortgage News, Property Investment News

Notes being squeezed into coins

"Buy to let mortgages to go up?"

Cheap fixed rate and tracker buy to let mortgages may be on the way out as the rate lenders pay for money has increased.

This is likely to lead to higher mortgage rates even if the Bank of England base rate stays at the record low of 0.5%.

Banks and building societies pay returns based on the London Inter Bank Offer Rate (LIBOR) for money they borrow – and the rate went up from 0.83 per cent in August to 0.95%.

The supply of money has also tightened due to the Euro-zone debt crisis.

Buy to let mortgage rates have dropped during the past 12 months, but are still higher than homeowner rates. Continue reading Cheap Buy to Let Mortgages Set to Disappear


Buy to let mortgage rates cut by TMW Buy to Let News, Latest Articles, Mortgage News, Property Market News

Calculator on pad The Mortgage Works (TMW) has cut interest rates across some buy to let mortgages and launched a new fixed rate deal.

Rates are down by 0.5% on mortgages for first landlords, let to buy borrowers and those offering free valuations and legal fees.

The new fixed rate is 4.99% at 50% loan-to-value over five years with a 3.5% arrangement fee. Continue reading Buy to let mortgage rates cut by TMW


How I maximise the returns on my liquidity fund (cash in the bank) Favourite Articles, Latest Articles, Property Investment Strategies, UK Property Forum for Buy to Let Landlords

Mark AlexanderIn January 2008 I refinanced my entire portfolio in line with my ongoing strategy.  There was an opportunity to release equity and I took it. Continue reading How I maximise the returns on my liquidity fund (cash in the bank)


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