Buy-to-let rates rise again
The cost of buy-to-let mortgages are climbing in line with rising Bank of England base rates, indicating that waiting longer to get a mortgage will see landlords pay higher interest rates.
Whether you are an existing landlord or want to Buy-to-let, whether you are a property developer or looking for your first investment project – the latest investment mortgages & property finance news and stories from around the UK brought to you by Property Investor Post are an essential daily read.
The cost of buy-to-let mortgages are climbing in line with rising Bank of England base rates, indicating that waiting longer to get a mortgage will see landlords pay higher interest rates.
Aldermore has relaunched its buy-to-let range, offering both 2 and 5-year fixed rates starting from 3.28% to 75% loan-to-value.
Some Ukrainian families are falling out with their hosts after being matched up by the Homes for Ukraine scheme, community organisations have warned.
The price of property coming to market has increased by £55,000 in the past two years to reach a staggering £367,501, Rightmove’s House Price Index shows.
Hampshire Trust Bank (HTB) has introduced a product for investors looking at improving the Energy Performance Certificate (EPC) rating of their property via refurbishment.
A London tenant has been convicted for murdering his landlords in their Stockwell home.
In the current competitive market there’s a danger of buyers overpaying for properties, especially as some sellers try their arm with high asking prices.
The CPI inflation rate has continued its concerning rise – moving from 7% in March to 9% in April.
Following the disruption that the buy-to-let market saw with the tax and regulatory changes last year, investors have begun to switch their attention to single family housing schemes.
Estate agency group Propertymark has urged the government to “not delay any further” and publish its White paper detailing rental reforms – including the abolition of Section 21 – because it would give the sector some renewed certainty.