New stamp duty tax from April has seen a surge of buy-to-let landlords with the increase demand increasing the price of homes.
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Category Archives: Buy-to-let
The Bank of England are unlikely to raise interest rates this year due to market forces sending mortgage rates for borrowers to record lows.
The HSBC have returned with a five-year fixed rate mortgage of 1.99 per cent with a high fee, but should you commit to such a long term?
Data from the Council of Mortgage Lending (CML) shows gross mortgage lending for 2015 is the highest for seven years as demand remains high.
Extra powers could be handed to the Bank of England to limit buy-to-let landlord borrowing to maintain financial stability.
Homebuyers in London are to benefit as the government improves Help to Buy and removes restrictions for Shared Ownership scheme.
Landlords of buy-to-let properties must pay much higher stamp duty land tax following the chancellor’s Autumn Statement.
Data from the CML shows overall lending is up 19% year on year as remortgage buyers return after a dip during the summer.
IMLA has said the end of higher rate tax relief for buy-to-let landlords will limit the supply of rented properties and increase the rents for tenants.
House purchase loans were 9% lower for the month of August according to the CML as remortgage buyers reducing by the largest amount.