Buy to Let Blog

 The latest Buy to Let mortgage market news, advice and views from our resident experts at Mortgages for Business.

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

  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...

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

  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.

• Strong Tenant Demand leading to rising yields - 22.07.2009

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

• LIBOR finally goes below 1% 17.07.2009

  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

  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

  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

  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

  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

  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

  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.