Property118.com is a unique resource and community for Property Investors, Landlords, Property Developers and the associated trades and professions. Membership is free. Continue reading ABOUT Property118.com
Property118.com is a unique resource and community for Property Investors, Landlords, Property Developers and the associated trades and professions. Membership is free. Continue reading ABOUT Property118.com
The buy to let mortgage market is in a state of flux as key lenders have changed their criteria over recent weeks.
This weekend, Lloyds Bank effectively shut up shop to portfolio landlords with more than three properties.
From close of business Friday (September 24), the bank reshuffled buy to let mortgage products and lending criteria for wholly owned brands Cheltenham & Gloucester (C&G) and BM Solutions. Continue reading Buy to let lending restrictions hamper landlord borrowing. However, quality funding lines are well and truly open to landlords with substantial cash or equity reserves. Learn how to find out who’s lending but not advertising the fact
Independent mortgage advisers have thousands more loan products to choose from across the market than direct providers like banks and building societies.
Independents could source mortgages for clients from an August average of 4,545 products – up 19% from a July average of 3,807 – while direct lenders could select from a restricted range of 1,505 loans – up 7% from the 1,401 available in July. Continue reading Brokers break the banks for mortgage choice. PR based report from Trigold Crystal, a software company providing mortgage sourcing software for brokers
