Foundation Home Loans cuts buy-to-let 5-year fix
Foundation Home Loans has reduced its previous five-year fixed rate limited edition buy-to-let product by 0.40%, in what the lender has labelled a ‘summer special’.
Foundation Home Loans has reduced its previous five-year fixed rate limited edition buy-to-let product by 0.40%, in what the lender has labelled a ‘summer special’.
Landlords in the Bradford postcode BD1 are typically achieving rental yields of 11.6%, making it the best region to profit for investors, research from PropertyData and Sequre Property Investment shows.
Buy-to-let landlords have welcomed a commitment from housing minister Eddie Hughes that the UK government is not considering rent controls in England.
The online calculator allows intermediaries to calculate the maximum borrowing amount, monthly repayments, as well as the different rates available based on loan to value bands.
Upon inspection, officers determined that then HMO had significant fire risks, inadequate fire detection equipment and that means of escape in the event of a fire were inadequate.
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.
Buy-to-let landlords are buying more homes than they sell for the first time since Q1 2016, the year the government introduced the 3% stamp duty surcharge on second homes.
West One Loans has launched the industry’s first green second charge mortgage for landlords who own properties with an EPC rating between A and C, starting from 5.29%.
Green product choice in the buy-to-let sector has risen to its highest level, research from buy-to-let mortgage broker Mortgages For Business has found.
Despite the government’s actions to dampen buy-to-let profitability, bricks and mortal still offer far better investment returns than ISAs, Benham and Reeves analysis shows.