buy-to-let
Consumer requests for mortgages have risen by 50% since January 2009, pointing towards increased activity in the mortgage market, according to Unbiased.
Landlords saw a 7.6% annual return on their investments by the end of December 2009, according to the latest index from LSL Property Services.
The FSA’s remit could be expanded to include the regulation of buy-to-let and second-charge mortgages, under new proposals published by the Treasury today.
Other buy-to-let articles
The buy-to-let market has begun to show signs of recovery with the number of deals increasing from the all time low of 179 in September 2009 to 239 today.
Platform has reduced rates on several fixed and tracker deals for the second time in two months.
Nick Carlile, co-founder of the Platinum Partners Group of companies and a qualified quantity surveyor, warns the easy money has already been made in property.
The buy-to-let (BTL) market was today branded a "ticking time bomb" in a damning report highlighting the growing gap between the supply of and demand for BTL properties.
Bradford & Bingley (B&B) says mortgage arrears at the firm, which was crushed by the financial crisis last year, more than doubled in the first half of 2009.
The UK Government must step up its pressure on lenders if it wants to free the market from its "heavy constraints", the National Association of Estate Agents (NAEA) says.
New buy-to-let landlords are finding it difficult to obtain suitable mortgage as the number of products in the market tumbles.
Cheltenham & Gloucester (C&G) has unveiled a series of changes to its buy-to-let policy, which it claims will make things easier for intermediaries to understand and speed up the submission of cases.
Five directors of a property investment group have been sentenced to jail after admitting they had defrauded investors of millions of pounds.
Mortgages for Business has launched a network just for unregulated advisers who wish to transact buy-to-let business.
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