4 billion, with buy-to-let
mortgage lending comprising 1.
In the buy-to-let
sector, both the number of loans and the amount borrowed by prospective landlords decreased by 16%.
AFTER taking a battering during the economic downturn, the North East buy-to-let
market has enjoyed something of a resurgence in the past couple of years.
One in four lenders is handing out potentially risky buy-to-let
home loans, the Bank of England has warned.
THE Bank of England could be handed stronger powers over the buy-to-let
mortgage market under a consultation launched by the Government.
mortgage's ICR is the ratio of the expected rental income from the property to the expected mortgage interest payments.
Global Banking News-September 25, 2015--BoE puts buy-to-let
market under scrutiny
MORE than nine in 10 (93%) of buy-to-let
property investors have no plan in place for their investment over the next five years, according to research from specialist buy-to-let
business Platinum Property Partners.
LANDLORDS are looking to 2014 with an increasing sense of optimism for the wider buy-to-let
market and the performance of their rental portfolios, according to a report.
PRIVATE lettings agents Northwood, one of the largest providers of guaranteed rent to landlords nationally, has launched its own buy-to-let
mortgage tool in a bid to encourage small investors and first-time landlords to build their portfolio - secure in the knowledge that their rental income is safe.
mortgages can be found from as little as 2.
RESEARCH from the National Landlords Association (NLA) has shown that almost threequarters (74 per cent) of landlords agree that the buy-to-let
market needs greater innovation, while 89 per cent also believe it would benefit from more lenders or greater competition.