Latest News
Withdrawal from Supreme Court of Buy to Let Test Case
April 29, 2013
An important test case with implications for valuers, lenders and buy-to-let purchasers has been withdrawn from the Supreme Court. Having purchased a property for £353,000 with a rental valuation of
Funding for Lending bank scheme launched
August 2, 2012
Funding for Lending bank scheme launched A new scheme announced by Bank governor Sir Mervyn King to encourage banks and other lenders to make more money available to homeowners
Lenders asking buy to let borrowers to move their mortgages
July 31, 2012
Lenders asking buy to let borrowers to move their mortgages Nearly one in ten residential property investors have been told by their existing lenders to find a mortgage elsewhere. Findings
Launch of new 80% Buy-to-let products
March 1, 2012
Two new products are being launched one for standard landlords and the other for those “specialist” landlords with HMOs and student lets, and those which are limited companies. The product
Government’s emergency bank accused of mishandling Buy-to-let properties
February 29, 2012
Claims that UK Asset Resolution, seized, mismanaged and then sold thousands of homes at well below market prices have been made on line by Consumer Action Group and were published
Lenders say mortgage rates to be volatile
February 13, 2012
Lenders have been advising new borrowers that due to the lack of confidence in the economy borrowers should expect mortgage rates to fluctuate in the coming months. As a result Two UK banks no longer will provide loans for new property
January 13, 2012
The Clydesdale and Yorkshire banks, which are both owned by the National Australia Bank have both stopped lending for new property. The reason is thought to relate to the liquidity
