Gross mortgage lending totaled an estimated £18.7 billion in October, almost 7% higher than what was an admittedly weak £17.5 billion lent in September according to new figures from the Council of Mortgage Lenders.
Analysis by moneysupermarket.com shows the number of buy-to-let products has dropped by close to a quarter in the past week, throwing down a major challenge to a struggling sector of the market.
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New buy-to-let lending declined in the first half of 2008, with the sector affected by the same conditions constraining the wider mortgage market, according to new data from the Council of Mortgage Lenders.
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mydeposits.co.uk is offering free annual membership renewal to landlords who are already protecting their tenants’ deposits in the only government-authorised insurance-based tenancy deposit protection service specifically designed for landlords.
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The National Landlords Association (NLA), which represents almost 14,000 landlords, has said that the fundamentals of UK buy-to-let remain strong.
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The National Landlords Association (NLA), the UK’s leading trade association for landlords, has launched a brand new service for all landlords, called NLA Mortgages.
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Data from the Council of Mortgage Lenders shows that buy-to-let lending totalled £24.1 billion in the second half of 2007, up from £21.2 billion in the first half of the year and £20.8 billion in the second half of 2006.
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New research from Birmingham Midshires shows that the average total gross return for a buy to let (BTL) investor was 16.3% in 2007 (exclusive of fees and mortgage interest costs). This is up from a total gross return of 13.5% recorded for 2006.
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Advice from brokers will be vital to help landlords maximise their returns in the Buy-to-Let market, according to research from Alliance & Leicester Mortgages.
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Enhanced professional qualifications all the way up to Foundation Degree level has been put in place to help drive the rental market forward, delegates to the annual ARLA conference has heard.
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One in ten (10%) renters aged between 25 and 34 count their landlord as a friend, while nearly one in five (18%) say they would happily send a gift or card to their landlord to express their gratitude if they had gone out of their way to help them.
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