landlord

Leeds Building Society Launches Two Buy-to-Let Tracker Mortgages
Home Mortgage, home owners, landlord, London, Mortgage Broker

Leeds Building Society Launches Two Buy-to-Let Tracker Mortgages

Leeds Building Society has recently launched two new buy-to-let tracker mortgages, offering landlords the chance to benefit from competitive rates and flexible borrowing options. The two new mortgages, which are available to both existing and new landlords, are designed to help landlords manage their finances more effectively. The first mortgage, the Buy-to-Let Tracker Mortgage, offers a rate of 2.99% for a two-year fixed period. This rate is available for loans up to 75% loan-to-value (LTV). The second mortgage, the Buy-to-Let Tracker Plus Mortgage, offers a rate of 3.19% for a two-year fixed period, and is available for loans up to 85% LTV. The mortgages are designed to give landlords the flexibility to manage their finances more effectively. They offer the option to make overpayments an...
Landlords Advised to Utilize Bridging Loans to Comply with Commercial Energy Performance Certificate Requirements
Home Mortgage, home owners, landlord, London, Mortgage Broker

Landlords Advised to Utilize Bridging Loans to Comply with Commercial Energy Performance Certificate Requirements

As the world shifts to a more sustainable future, landlords are being asked to make changes to their properties in order to comply with commercial energy performance certificate (EPC) requirements. To help landlords meet these requirements, many are turning to bridging loans as a way to finance the necessary upgrades.Bridging loans are short-term loans that are used to bridge the gap between two financial transactions. In the case of landlords, they are used to cover the costs of making energy efficiency improvements to their properties. These improvements can include anything from installing insulation and double glazing to replacing boilers and heating systems.The benefits of using a bridging loan for these improvements are numerous. Firstly, it allows landlords to spread the cost of the...
Impact of Regulatory Changes and Economic Conditions on Buy-to-Let Investment for Brokers
Home Mortgage, home owners, landlord, London, Mortgage Broker

Impact of Regulatory Changes and Economic Conditions on Buy-to-Let Investment for Brokers

The buy-to-let investment market has seen a surge in popularity over the past decade, with many brokers offering advice and services to those looking to invest in property. However, the market is subject to a range of regulatory changes and economic conditions which can have a significant impact on the success of buy-to-let investments. In this article, we will explore how regulatory changes and economic conditions can affect buy-to-let investments for brokers. Regulatory changes can have a major impact on the buy-to-let investment market. For example, the introduction of stricter lending criteria by the Financial Conduct Authority (FCA) has made it more difficult for brokers to secure mortgages for their clients. This has resulted in a decrease in the number of buy-to-let investors, as it...
Propertymark Urges Government to Restore Mortgage Interest Relief
Home Mortgage, home owners, landlord, London, Mortgage Broker, tenants

Propertymark Urges Government to Restore Mortgage Interest Relief

Propertymark, the UK’s leading professional body for property professionals, has urged the government to restore mortgage interest relief (MIR) in the upcoming Budget. MIR is a tax relief that allows homeowners to deduct the interest they pay on their mortgage from their taxable income. It was abolished in 2017, but Propertymark is now calling on the government to reinstate it in order to help struggling homeowners. The organisation believes that restoring MIR would provide much-needed financial relief to those who are struggling to keep up with their mortgage payments. It would also help to reduce the number of people who are at risk of losing their homes due to financial hardship. Propertymark’s Chief Executive, Mark Hayward, said: “We are calling on the government to restore MIR in the ...