Mortgages For Business: Buy to Let Blog

BBR Held at 0.5% but what next ? 04.02.2010

Feb 19 2010 12:00AM

No surprise on the MPC announcement that once again BBR is being held at 0.5% and that current QE commitments will be concluded with no additional resource for the time being - but opinions are sharply divided on trends later in the year.......

Buy to Let lender resumes lending to Ltd Cos to 70% LTV 16.02.2010

Feb 17 2010 3:46PM

The Mortgage Works resumes lending to Limited Companies with a new range of products

Exclusive Light Refurbishment Product 01.02.2010

Feb 1 2010 12:00AM

Light Refurbishment finance now available for larger scale projects and complex properties to 70% of end value

Base Rate static - so what's next ? 18.01.2010

Jan 18 2010 12:00AM

Last Thursday's MPC announcment of no move on Base Rate was hardly surprising but the focus now seems to be on what events will trigger the first of a series of rises over the the course of 2010.

Base Rate Set to Stay Low? 05.01.2010

Jan 5 2010 12:00AM

2010 looks like being a challenging year. Mortgage options are improving but when will Base Rate start to go up?

Improved rent cover will allow higher HMO & LTD CO borrowing. 04.01.2010

Jan 4 2010 12:00AM

A new 3yr Fixed Rate allowing landlords to gear up on HMOs and properties held in the name of a Ltd Company.

Improvements in Buy to Let in 2010 - 22.12.09

Dec 22 2009 12:00AM

2009 has been difficult for Buy to Let investors looking for finance. Improvements expected in 2010

Better rent cover on HMOs and Ltd Co lending 07.12.2009

Dec 7 2009 12:00AM

Whilst HMO, larger freehold and Ltd Co BTL lending remains outside "vanilla" BTL lending criteria the principle constraint is that commercial banks apply "varied" and tougher rent cover criteria. The first of several changes has improved the position ...

A Buy to Let Refurbishment Product 19.11.09

Nov 19 2009 12:00AM

Another sign of an improving market with a lender recognising that some Buy to Let properties are not fit to be let at outset and that a landlord might want to improve it before letting it out. And at 70% LTV too !!

Improving BTL Criteria - At Last

Nov 15 2009 12:00AM

New lenders and funding lines mean welcome improvement in BTL mortgage options.

Nationwide to issue £3.5Bn of RMBS - 27.10.2009

Oct 27 2009 12:00AM

The news that Nationwide is to make its first issue of £3.5Bn RMBS via the newly created Silverstone Master Trust on Thursday this week came earlier than many had expected.

Number of purchases increase in the Buy to Let mortgage market - 22.10.2009

Oct 22 2009 12:00AM

Mortgages For Business has released its quarterly analysis of Buy To Let transactions for Q3 2009. There has been a shift towards purchase transactions away from remortgages with 77% of applications being for acquisitions against 65% in Q2.

Lloyds issues £4.5Bn of RMBS - 02.10.2009

Oct 5 2009 12:00AM

News that Lloyds Banking Group has launched the first of 3 RMBS packages totalling £4.5Bn has been well received in the industry. Industry pundits now believe this will encourage more issuance before the end of the year.

Data indicates market progress - 24.09.2009

Sep 24 2009 12:00AM

Not only does mortgage data point to an improving position on purchases but the first RMBS issue (£4Bn) in Europe in 13 months has taken place - issuer Lloyds !!!

Bank of England Base Rate remains at 0.5% - 10.09.2009

Sep 10 2009 12:00AM

It comes as no surprise that Bank of England announced today that Base Rate will stay at 0.5% and we envisage this to be the case until the end of 2009 and well into 2010 as the country slowly recovers from the current recession.

Improved Funding for landlords - 07.09.09

Sep 7 2009 12:00AM

The re-launch of Base Commercial as Aldermore Bank following the acquisition of Ruffler Bank is starting to bring benefits to landlords with Buy to Let and residential investment properties.

House Prices up in all Regions - 28.08.09

Aug 28 2009 12:00AM

Land Registry reports a rise of 1.7% in July, the 4th monthly increase in a row.

CML: Buy to Let activity in second quarter of 2009 - 19.08.2009

Aug 17 2009 12:00AM

Some positive news from the CML with Buy to Let mortgage arrears dropping significantly and new lending declines falling in quarter 2 of 2009.

Base Rate remains at 0.5% and some positive developments emerge - 10.08.2009

Aug 10 2009 12:00AM

As expected, the Bank of England announced on Thursday that Base Rate will stay at 0.5%. As mentioned last month, with most economists predicting a slow recovery from the current recession and with unemployment set to continue to rise next year, we believe that Base Rate will remain at this level well into next year and possibly beyond!

Is Bank of China in the market for Buy to Let Lending ? - 27.07.2009

Jul 27 2009 12:00AM

The Sunday Times revealed that the Bank of China is entering the UK mortgage market on both residential mortgages and Buy to Let mortgages at the weekend - Times Online - We offer our insight...

Mortgages for Business scoops top What Mortgage consumer poll award - 23.07.2009

Jul 23 2009 12:00AM

Mortgages for Business is delighted to have topped its achievements from 2008 where it won Best Specialist Adviser and Best Overall Adviser in the What Mortgage Awards by scooping the top award of Best National Adviser 2009, voted for by members of the public.

At last - Funding for HMOs, Freehold Conversions & Limited Companies returns! 23.07.2009

Jul 23 2009 12:00AM

We at Mortgages for Business have been aware for some time that many landlords and property investors have been struggling to find finance for certain property types e.g. HMOs and Freeholds split into several self-contained units...

Strong Tenant Demand leading to rising yields - 22.07.2009

Jul 22 2009 12:00AM

Rental yields strengthen according to Paragon’s latest Private Rented Sector Trends Report.

LIBOR finally goes below 1% 17.07.2009

Jul 17 2009 12:00AM

It has taken over 4 months since Bank Base Rate was cut to 0.5% for 3 month LIBOR to drop below 1% - so what does this unprecedented event mean for borrowers?

Second Quarter House Prices 10.07.2009

Jul 10 2009 12:00AM

In June I predicted that Nationwide and Halifax would both report house price rises in the second quarter - so what actually happened?

Nationwide report 0.9% increase in house prices for June 30.06.2009

Jun 30 2009 12:00AM

Nationwide's index published today shows the 3rd time in 4 months with an annualised decline of 9.3% rather than 11.3% previously reported

House prices rising again! 25.06.2009

Jun 25 2009 12:00AM

I am going to stick my neck out and predict that when the monthly house price indices are published by Nationwide and Halifax in the next 10 days or so they will both show that prices rose in the second quarter.

Increase in fixed rates as "perceived" inflationary pressures start to build. 19.06.2009

Jun 18 2009 12:00AM

Like it or not there is an upward trend in SWAP rates at 3 years or more, resulting in lenders pricing upwards just as the market begins to show some stability. Indeed som elenders are now holding meetings with agendas on criteria and new products in the coming months - rest assured we haven't had many of those in the last eighteen months !!!

RICS reports highest applicant registration in 10 years 10.06.2009

Jun 10 2009 12:00AM

New applicant registrations at estate agents in May reach highest level in 10 years according to a report issued by the RICS

Funding for HMOs show signs of improvement 03.06.2009

Jun 3 2009 12:00AM

An update on funding HMOs where at last there is some funding improvements for the professional landlord who has been shunned by the BTL lenders remaining in the market. With the loss of Paragon and CHL (for the present) and few lenders wishing to fund limited company transactions, it's been a difficult time for HMO Landlords.

Mortgages for Business joins select Base Commercial broker panel - 01.06.2009

Jun 1 2009 12:00AM

We are pleased to announce Mortgages for Business has been selected as one of only a small number of brokers to work with Base Commercial on its return to the UK lending market.

Land Registry Figures - house price fall starts to ease - 01.06.2009

Jun 1 2009 12:00AM

According to the Land Registry, the average house price fell by 0.3% in April compared to 0.4% drop in March. The Land Registry found the annual rate of decline remained at 16.2% and the average house price now stands at £152, 898. Nationwide's House Price Index from last week put the average house price at £154,016 and claimed a 1.2% rise in house prices in May.

Rightmove reports improving demand statistics 19.05.2009

May 19 2009 12:00AM

The Rightmove House Price Index is up for the second month in a row due to the pressure on the supply side.......

FSA Mortgage Sector Conference - 14.05.2009

May 14 2009 12:00AM

An interesting day out at the Mortgage Sector Conference on Tuesday (12th May) – and here are some of the highlights (and lowlights!).

Moodys kicking up a storm on Buy to Let arrears - 12.05.2009

May 13 2009 12:00AM

Whether Moodys are right in their assertion is less of a worry than the impact it has on a sector where there are more psoitives than negatives. The problem is that their view does hold back progress even though many lenders would contest the basis of their findings.

Buy to Let mortgage deals up 58% since December 2008 - 11.05.2009

May 11 2009 12:00AM

Buy to Let product availability has increased 58% since December 2008, according to our latest figures. Albeit from an all time low, the number of mortgage product available to landlords has been gradually rising, giving landlords who want to take advantage of low house prices better financing options to expand their portfolios.

Base Rate remains at 0.5% for a second month - 07.05.2009

May 7 2009 12:00AM

No surprise that the Bank of England have kept Base Rate at 0.5% for another month. Time will tell whether the Bank’s Quantitative Easing programme will have the desired effect...

All Buy to Let Landlords to be "registered" from The Times - 05.05.2009

May 6 2009 12:00AM

The Times published an article on Gov't plans to regulate all landlords (by the back door) - not just those with HMO properties.....a Green Paper is expected next week - we'll update you once we've seen it.

The importance of BTL Landlords to a housing market recovery 30.04.2009

Apr 30 2009 12:00AM

Recovery from previous property recessions has always focused on First Time Buyers (FTBs). Do BTL landlords have a more important role to play in the current downturn?

"Hopes for housing recovery dashed" FT (online) - 30.04.2009

Apr 30 2009 12:00AM

So reads the FT (online) headline this morning. And the article continued “.... after the Nationwide revealed prices fell in April. The closely-watched Nationwide House Price Index had recorded a small rise in March after 16 months of consecutive falls. But on Thursday the building society reported a 0.4 per cent drop in prices in April, after a rise of 0.9 per cent in March and conflicting signals from other house price indices.”

If Simon Wolfson, CEO of Next, gets it why doesn't the market ?? 22.04.2009

Apr 22 2009 12:00AM

Simon Wolfson writing in The Times on Monday 20 April queries why RMBS assets are trading at 93p in the £. We'll be updating this blog on the Budget as Mr Darling rolls out his announcements today.

Chancellor commits £500M to the housing sector 22.04.2009

Apr 22 2009 12:00AM

What is the real impact of £500M plus he plans to implement the Frost recommendations on MBS immediately ? And extending stamp duty relief until the end of the year for up to £175,000 is no great surprise !!

Buyer interest gaining momentum, says RICS 15.04.2009

Apr 15 2009 12:00AM

Enthusiasm amongst buyers is gaining momentum as new buyer enquiries rise for the fifth consecutive month, the latest data from the Royal Institution of Chartered Surveyors reveals. Some 31% of chartered surveyors reported an increase in new buyer enquiries during March, up from 21% in February

Base Rate remains unchanged at 0.5% - 09.04.2009

Apr 9 2009 12:00AM

As expected, the Bank of England have kept Base Rate on hold at 0.5% this month, halting the steady trend of reductions over the last few months. With the MPC’s ammunition more or less spent in this area, all eyes are now on the Bank’s Quantitative Easing programme designed to stimulate the much need liquidity into the market.

As the market bottoms out, now is the time to secure that bargain - 03.04.2009

Apr 3 2009 12:00AM

In our blog on 17 February - Are house prices rising or falling? - we set out to explain the differences between some of the leading house price indices on the market. At that time The Halifax HPI had just posted a month on month increase of 1.9% whereas the Nationwide HPI indicated drop of 1.3% (in line with most of the other indices published). Well guess what...

Buy to Let Fixed Rate Mortgages – Act Now! 30.03.2009

Mar 30 2009 12:00AM

Regardless of whether we see a further Base Rate cut next week, mortgage rates look to have bottomed out.

First signs that something is moving in the markets 20.03.2009

Mar 20 2009 12:00AM

With the first 3 APF Auctions completed and heavily subscribed the BoE has announced that next weeks' auctions will be 2.5Bn on Monday and £3.5Bn on Wednesday, an increase of £1Bn on this week.

The Turner Review may impact Buy to Let warns Lord Turner 18.03.2009

Mar 18 2009 12:00AM

Suffering from insomnia - then download The Turner Report and its glorious 126 pages..........changes may be proposed to the treatment of second charge and Buy to Let mortgages.

Spotlight on Housing Market Recovery 16.03.2009

Mar 16 2009 12:00AM

Savill's latest report on the housing market concludes " Our view is that this puts us somewhere between the latter satges of house price falls and nearer the first of the stages in the recovery process.

Lloyds/ HBOS commit additional £3Bn to mortgages this year 10.03.2009

Mar 10 2009 12:00AM

The news that Lloyds/HBOS has finally agreed to a deal on the APS will increase its mortgage lending in 2009

MPC announce Base Rate cut to 0.5%! 05.03.2009

Mar 4 2009 12:00AM

As expected, the MPC has continued to use the tools at its disposal and slashed rates again to a record low of 0.5%.

How much will BRR reduce this week if indeed at all? 02.03.2009

Mar 2 2009 12:00AM

The MPC meets on Wednesday and will announce any change on BBR on Thursday at Midday.

Northern Rock resumes lending - what will be its impact? 25.02.2009

Feb 25 2009 12:00AM

The announcement that Northern Rock is to resume mortgage lending (£14Bn by the end of 2010) is welcome for the mortgage market as a whole but will probably only drive indirect benefit for the Buy To Let sector.

New homes being built hits record low 20.02.2009

Feb 20 2009 12:00AM

Today not only shows the better state of mortgage reposessions than expected and with consumer confidence rising (Rightmove), the reduced new start numbers on housing (below) may lead to a quicker recovery of property prices than previously forecast provided the pricing of mortgages for First Time Buyers and "Second movers" continue to improve...

The number of new homes being built fell to a record low of 16,300 during the last three months of 2008, figures from the Department of Communities and Local Government reveal today...

CML reports lower than expected reposessions for 2008 20.02.2009

Feb 20 2009 12:00AM

Original predictions of 45,000 reposessions in 2008 were better than expected at 40,000 with Q4 reposessions lower than Q3 !! On a "number of months" basis, 219,100 mortgages were in arrears of more than three months at the end of 2008, up from 166,600 at the end of the third quarter of the year however these figures are measured against "current month" mortgage payment. In a lower interest rate environment this can overstate the position and when rates are rising the number may appear lower .... mortgages on fixed rates are not affected by this anomaly.

House Prices - Are they falling or rising? Both apparently! 17.02.2009

Feb 17 2009 12:00AM

A subject close to all of our hearts and we think we understand what is happening to average house prices – until Nationwide announces that prices fell by 1.3% in January and Halifax announces they rose by 1.9% in January.

Allsop Auction on Wed 11 February gets 2009 off to a good start 16.02.08

Feb 16 2009 12:00AM

Some improvement and activity at Allsop's first auction of 2009 shows that there is some resurgent activity and tightening of yields in the commercial property sector (typically down from 8.3% in December to 6.7% last week).

Mervyn King says the recession may be longer and deeper than expected! 11.02.09

Feb 11 2009 12:00AM

As the Bank of England looks at other means to stimulate the economy, will Base Rate fall further?

Bank of England Base Rate cut by 0.5% to 1% - 05.02.2009

Feb 5 2009 12:00AM

As expected, the Monetary Policy Committee(MPC) reduced rates again today to a new low of 1%. Great news for those of you with Base Rate Tracker mortgages (without a collar in place!)...

Bank Base Rate now seems set for 0.5% cut on Thursday 03.02.2009

Feb 3 2009 12:00AM

Continuing economic woes and global concern that cuts in BBR are not the only solution make it much more likley that BBR will move down by 0.5% to 1% on Thursday.

Bank Base Rate set to fall to 1% on 5 February 27.01.2009

Jan 27 2009 12:00AM

The next MPC meeting on 4 February with its announcement on 5 February is heading towards a 0.5% cut in BBR down to 1%

It's all about Cashflow! 22.01.2009

Jan 22 2009 12:00AM

Money is tight and as we look at our plans for 2009 what can we do to reduce our monthly committments.

MFB appointed Mortgage Express Early Repayment Charge Referral Broker 22.01.2009

Jan 22 2009 12:00AM

At Mortgages For Business we are delighted to have been appointed as one of two brokers to assist Mortgage Express borrowers looking to take adavantage of the Early Repayment Charge waiver if borrowers redeem their loan in part or full between 1 February and 30 June 2009.

Will Base Rate stay below 5% in 2009? - 21.01.2009

Jan 21 2009 12:00AM

2009 is shaping up to be an interesting year, but hopefully not for the same reasons as 2008. The actions by the Bank of England and other Central banks has been to attempt to stabilise the global markets and right some of the wrongs in recent years.

SWAP Rates rise slightly in uncertain markets 19.01.2009

Jan 19 2009 12:00AM

In uncertain trading at the end of last week SWAP rates actually rose by between 7 and 10 bps reversing the consistent downward trend of the last several months - in fact on most pricings since 22 September !!! This has cooled the enthusiasm for lenders to keep on pricing all mortgage products downwards until the extraordinary events of the last two working days are behind us.

SWAP rates and LIBOR rates on the move in 2009 - 13.01.2009

Jan 13 2009 12:00AM

The entry into the New Year was no doubt followed by many with a New Year's resolution on how to improve their lot in life and a glass or two, to bid fairwell to a truly awful 2008. Of course, there would be those that would ask, was the glass half full or half empty?

Mortgage Express waive ALL Early Repayment Charges 13.01.2009

Jan 13 2009 12:00AM

Mortgage Express have just announced that they will waive ALL repayment charges on loans or parts thereof that are redeemed between 1 February and 30 June 2009.

Bank of England Base Rate cut by 0.5%. How will this effect Buy to Let? 08.01.2009

Jan 8 2009 12:00AM

So, the Bank of England has announced a further 0.5% cut in the Base Rate. Rates are now at their lowest for 300years and could still go lower.

What's in store for borrowers and lenders in 2009 - 06.01.2009

Jan 6 2009 12:00AM

Happy New Year! With the festiviteis now behind us, what's in store for borrowers and lenders as we crawl into 2009.

Markets await Year end movements at Banks 29.12.2008

Dec 29 2008 12:00AM

3 month LIBOR continues its downward drift - setting today at 2.82% - still a significant premium to Bank Base at 2%

Merry Christmas and here's to a better 2009! 19.12.08

Dec 19 2008 12:00AM

Base Rate is set to continue to fall in the New Year. What options are available for the professional landlord?

3 month LIBOR continues to ease slowly 16.12.2008

Dec 16 2008 12:00AM

3 month LIBOR continues its downward trend and reduced today to 3.11%

LIBOR, SWAP rates, base rate and interest rates - we're seeing history being made - 11.12.2008

Dec 11 2008 12:00AM

The Bank of England's decision to further reduce Bank Base Rates (BBR) in December, to rates not seen in over 50 years, demonstrates the analysts view of the severity of the current economic turmoil. Whilst we don't appreciate it at this time, history is being made and events now will be talked about long after we are gone.

Buy To Let pricing to year end 10.12.2008

Dec 10 2008 12:00AM

Nationwide has reduced its pricing across a range of Buy To let products with a 2 year fix now at 4.49% albeit with a 3.5% fee. There may be some slight further downward movements before Christmas but lenders will generally start 2009 with a product refresh.

Base Rate reduced to 2% 04.12.2008

Dec 4 2008 12:00AM

As predicted on this blog back on 18 November, Base Rate has today been cut by 1%.

Base Rate cut could be 1% tomorrow 03.12.2008

Dec 3 2008 12:00AM

The MPC meets today and will announce tomorrow a cut in Base Rate; the question is whether it goes to 2.5% or 2% ....

3 month LIBOR comes down to 3.99% 24.11.2008

Nov 24 2008 12:00AM

3 month LIBOR reduced today by 5bp from 4.04% going into the weekend

The return of Buy to Let as a commercial transaction 21.11.2008

Nov 21 2008 12:00AM

The Buy to Let mortgage market is back to where it was in the early 90s when applications were underwritten and priced on a more commercial basis.

CML revises arrears forecast 21.11.2008

Nov 21 2008 12:00AM

The CML has admitted that the number of households in arrears by the end of the year is likely to exceed the previous forecast of 170,000. The CML reports that 1.44% of mortgages were at least three months in arrears as at the end of September 2009, up from 1.33% at the end of June. Buy To Let arrears are running at 1.58% - the first time that they have been higher than mortgages as a whole...

Record fall in inflation paves the way for more rate cuts - 18.11.2008

Nov 18 2008 12:00AM

A record fall in Consumer Price Index (CPI) reinforces the belief that Base Rate will be cut further in December.

Base Rate set to hit record low - 13.11.2008

Nov 13 2008 12:00AM

Base Rate will continue to fall but what about mortgage rates?

LIBOR and SWAP rates are easing - residential products on the move 10.11.08

Nov 10 2008 12:00AM

After 3 month LIBOR fell on Friday by an eye watering 106bp to 4.49% there was a concern to see how much it would move today. It has reduced by a healthy 7bp to 4.42% which, if repeated, would boost confidence in market liquidity.

Business Development Research Consultants: Landlord Research - 06.11.2008

Nov 6 2008 12:00AM

Latest research results for landlords views of the current state of the buy to let market .

Bank Base Rate 3% - 06.11.2008

Nov 6 2008 12:00AM

Reaction to Bank of England reduction of BBR.

Base Rate will fall further but what will mortgage rates do? - 10.11.2008

Nov 6 2008 12:00AM

Base Rate will contnue to fall but when we will see a reduction in Mortgage Rates?

LIBOR moving in the right direction: 5.72 percent - 04.11.2008

Nov 4 2008 12:00AM

With Base Rate certain to be cut by 0.5% this Thursday and some predicting an even deeper cut of 1%, 3 month Libor has acccelerated its downward movement.

3 month LIBOR under pressure to continue downward momentum - 27.10.2008

Oct 27 2008 12:00AM

Following today's news on South Korea cutting 0.75% to 4.25% with speculation of other worldwide cuts in Base Rates, further downward pressue on UK Interbank rates is likely.

Fixed rates in unusual times - 24.10.2008

Oct 24 2008 12:00AM

How have the lenders reacted to the Bank Base Rate reduction.

Housing Report recommends tax breaks for "good" Buy to Let landlords - 24.10.2008

Oct 24 2008 12:00AM

A report issued by York University academic reviewed in today's FT suggests that "good" landlords may be incentivised by the Gov't with tax breaks.

A contrary outlook on Buy to Let - 23.10.2008

Oct 23 2008 12:00AM

Citywire reports positively on the outlook for Buy to Let landlords and investors but we think there is further good news to report.

3 month LIBOR slowly grinding into gear - 21.10.2008

Oct 21 2008 12:00AM

There appears to be some movement in interbank lending which is perceived as a critical lead indicator of liquidity.

Mortgages for Business calls for a speedy return of 85 precent LTV for Buy to Let - 16.10.08

Oct 16 2008 12:00AM

This week we saw the withdrawal of the last 85% LTV Buy to Let Mortgage product – our professional landlords hope that this is just a temporary measure.

Paragon reports strong rental demand 15.10.2008

Oct 15 2008 12:00AM

Paragon's Trend Survey of landlords published today shows landlords enjoying a strong period of rental grwoth.

£37Bn Bank Bail-out to bring forth new Buy to Let Products 13.10.2008

Oct 13 2008 12:00AM

The news that the government is to invest some £37Bn of shares on Lloyds, HBOS & RBS is no great surprise but the support comes with a pre-condition that these banks return to 2007 levels of lending to both businesses and individuals.

Remortgage Now!! - 08.10.08

Oct 8 2008 12:00AM

Have you been waiting for the right time to remortgage?

Darling's plan to kick-start the money markets - 08.10.08

Oct 8 2008 12:00AM

Light at the end of the tunnel as Darling's plan attempts to bring confidence back into the market.

Buy to Let Products Update - 06.10.08

Oct 6 2008 12:00AM

Lenders hold back from new rates pending MPC announcement on Thursday 10 October when a cut in Base Rate is expected...

Energy Performance Certificates needed from today on BTL property - 01.10.08

Oct 1 2008 12:00AM

EPCs are mandatory on let property where a new tenant moves into a property from today...

Moneyfacts reports that 84 percent of Buy To Let products have been withdrawn. We think differently - 30.09.08

Sep 30 2008 12:00AM

A Press Release from Moneyfacts.co.uk claims that 84% of Buy To Let products were stripped from the market yesterday. The reality is less scary with good choices still available...

Bradford and Bingley halt all new Buy to Let lending - 30.09.08

Sep 30 2008 12:00AM

The demise of Bradford and Bingley has halted all new lending at their Buy To Let subsidiary, Mortgage Express...

How to survive the property crisis on BBC1 - 18.09.08

Sep 18 2008 12:00AM

We’ve just spent the morning filming for BBC1’s new property series called “How to survive the property crisis”...

Buy to Let mortgages – changes you need to know about - 15.09.08

Jul 25 2008 12:00AM

The last few months have seen some of the biggest changes to Buy to Let mortgage criteria since they were introduced in 1994. The so called ‘credit crunch’ has meant lenders are more selective about who they will lend to and the type of propositions they will lend on. There is an increasing focus on low risk quality propositions with lenders introducing criteria that filter out higher risk transactions...