A recent survey has shown that many people believe that the ongoing recession in the UK is going to have an adverse effect on buy to let investors, with many expected to make significant losses on their property investments. (more…)
Tags: mortgages, buy to let, buy to let mortgagesAccording to a recent report the level of debt that the average UK housing tenant is now in has soared to its highest level since the 1980s. (more…)
Tags: buy to let mortgages, debt, tenant debtThe recent collapse and part nationalisation of Bradford and Bingley came as a shock to some, and none more so than the many buy to let landlords that have been affected by what has happened to the lenders. The Bradford & Bingley has been a primarily buy to let lender, and many landlords may have had buy to let mortgages with the lender set at special rates for a fixed period. Moreover many of these landlords may be due to come off these set rates, and this could prove to be a problem for some. (more…)
Tags: mortgages, buy to let mortgages, bradford & bingleyOver recent years the housing boom has made the buy to let market an attractive proposition for investors in the UK and a rising number of people have decided to enter the buy to let market in order to invest in their future. However, last summer brought with it the global credit crunch, which has become a household term and has wreaked havoc in the financial markets for many months causing all sorts of problems. (more…)
Tags: buy to let mortgagesAccording to a recent report the demand for buy to let mortgage loans has been falling, even though the demand for rental properties is still high. Officials have found that there has recently been a surge in the number of rental properties coming onto the market, but this is largely due to the high number of homeowners that are unable to sell their homes in the current financial climate, and have instead decided to rent them out until the market picks up. (more…)
Tags: buy to let mortgagesWhilst general mortgage figures and statistics have made for gloomy reading over recent months, it seems that the same level of gloom and despair has not hit the buy to let mortgage market according to recent data. In fact, recently released figures show that the level of outstanding buy to let mortgages has rocketed since 2006, passing through the £1 million barrier. He amount outstanding on buy to let mortgages at the end of 2007 was around 23% higher than 2006. (more…)
Tags: mortgages, buy to let mortgagesDespite the gloomy predictions relating to the housing market, and the documented reductions in house price inflation, recent figures have shown that buy to let mortgages had rocketed by the end of last year, increasing by nearly 25% compared to the end of the previous year. (more…)
Tags: mortgages, buy to let mortgages