Tag: mortgage

Is my victorian warehouse unmortgageable without a lift?

Author: Readers Question

12th June 2024, 2 years ago | 4

Hi, I have a converted Victorian warehouse in London which is six storeys high. The top flats are duplexes entered...

UK house prices hold steady despite monthly dip

Author: Property118.com Landlord News Team

7th June 2024, 2 years ago | 1

UK house prices showed little change in May compared to the previous month, dipping by just 0.1%, Halifax reports. However,...

London’s rents are cheaper than mortgages

Author: Property118.com Landlord News Team

13th May 2024, 2 years ago | 2

The financial challenges being faced by aspiring homeowners in the capital have been revealed by a study which shows a...

BTL market shows signs of stability after months of decline

Author: Property118.com Landlord News Team

22nd April 2024, 2 years ago | 0

The buy to let mortgage market appears to be stabilising after a period of significant product reduction, according to new...

BTL lenders offer rate cuts and streamlined processes for landlords

Author: Property118.com Landlord News Team

19th April 2024, 2 years ago | 0

Three leading buy to let lenders in the UK are offering rate cuts, faster remortgages, and simpler valuations to help...

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Landlords looking to sell as buy to let market shifts

Author: Property118.com Landlord News Team

12th April 2024, 2 years ago | 5

The UK’s buy to let market is experiencing a period of change, with nearly one in three landlords looking to...

Lending giant urges support for landlords in the Budget

Author: Property118.com Landlord News Team

5th March 2024, 2 years ago | 8

One of the UK’s largest buy to let lenders, The Mortgage Works (TMW), has called on the government to use...

Landlord mortgage arrears soar by 93% in a year

Author: Property118.com Landlord News Team

1st March 2024, 2 years ago | 0

More landlords are struggling to pay their mortgages than ever before, new data reveals. Octane Capital, a specialist property lender,...

Rent price growth slows down – but rents will still beat inflation in 2024

Author: Property118.com Landlord News Team

19th February 2024, 2 years ago | 0

The annual increase in rents for new lettings in Great Britain dropped to 8.3% in January, the lowest level since...

Mortgage sector urges government to rethink EPC rules for landlords

Author: Property118.com Landlord News Team

7th February 2024, 2 years ago | 8

Mortgage lenders and advisers have called for a government U-turn on the relaxation of energy performance certificate (EPC) legislation for...

Mortgage rates fall and buyer confidence rises

Author: Property118.com Landlord News Team

6th February 2024, 2 years ago | 1

The UK housing market is showing signs of recovery in 2024, as mortgage rates fall, buyer confidence rises, and sales...

Zoopla reports a rebound in the housing sales market

Author: Property118.com Landlord News Team

29th January 2024, 2 years ago | 0

Zoopla has revealed that the housing sales market has improved in 2024, despite a drop in prices last year. According...

Limited company buy to let mortgages on the rise – Paragon

Author: Property118.com Landlord News Team

24th January 2024, 2 years ago | 0

Nearly half of mortgage brokers in the UK expect to see more buy to let business from landlords operating through...

Molo cuts BTL rates for UK and expat borrowers

Author: Property118.com Landlord News Team

23rd January 2024, 2 years ago | 1

Molo Finance has cut its buy to let fixed rates by up to 71 bps with products from 3.94% for...

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...

New home sellers boost UK property market with price rise

Author: Property118.com Landlord News Team

15th January 2024, 2 years ago | 0

The UK’s property market has seen a surge of new sellers and buyers entering the market in January to boost...

Landlords fear rising costs and rent arrears in 2024, survey reveals

Author: Property118.com Landlord News Team

12th January 2024, 2 years ago | 0

The top worries for landlords in 2024 have been revealed in a survey which found that rising mortgage payments and...

Finance expert highlights the best BTL mortgage choices this week

Author: Property118.com Landlord News Team

11th January 2024, 2 years ago | 0

Several buy to let lenders have announced rate cuts for their mortgage products as the trend for lower rates continues....

Renters face higher rents and fewer choices in 2024, Rightmove warns

Author: Property118.com Landlord News Team

9th January 2024, 2 years ago | 1

Tenants face the prospect of rents rising even higher this year and the number of homes to rent will continue...

UK mortgage approvals look set to slump by 24% in 2023

Author: Property118.com Landlord News Team

28th December 2023, 2 years ago | 1

UK mortgage approvals are expected to decline by 24% in 2023 compared to the previous year, research reveals. According to...