Buy to let for property investors mortgage lending guide
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Asking house prices in London have risen by £80000 since January - The Guardian

Asking house prices in London have risen by £80000 since January - The Guardian | Buy to let for property investors mortgage lending guide | Scoop.it
The Guardian Asking house prices in London have risen by £80000 since January The Guardian "Part of the reason for price rises is lack of stock which created something of a frenzy among agents looking for listings and pushing prices beyond what...
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The worst estate agent gaffes - Aol Money

The worst estate agent gaffes - Aol Money | Buy to let for property investors mortgage lending guide | Scoop.it
The worst estate agent gaffes
Aol Money
When you're selling a property, there's always a lingering doubt when you sign on the dotted line with an estate agent: can they really be worth this huge fee?
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Homebuyers set to lose properties as MMR congestion clogs mortgage industry

The UK's mortgage brokers have reported that transaction times have bottomed to a new all time low worse than last seen in the 1990s. Homebuyers are at great risk of missing out on their property purchase caused as lengthy MMR related mortgage processing delays hit the housing market.
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Residential Landlord - UK Buy to let investment property information - Will fraud affect buy-to-let mortgages?

Residential Landlord - UK Buy to let investment property information - Will fraud affect buy-to-let mortgages? | Buy to let for property investors mortgage lending guide | Scoop.it
Will fraud affect buy-to-let mortgages?
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Majority of new lending is going to buy-to-let landlords rather than ordinary homeowners

Majority of new lending is going to buy-to-let landlords rather than ordinary homeowners | Buy to let for property investors mortgage lending guide | Scoop.it
An analysis of ‘net’ lending figures – measuring the difference between what comes in and what goes out in the entire mortgage system – shows that by the end of 2011 net landlord lending had overtaken homeowner lending.
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Buy-to-let comes of age - Investors Chronicle

Buy-to-let comes of age - Investors Chronicle | Buy to let for property investors mortgage lending guide | Scoop.it
Buy-to-let comes of age Investors Chronicle Indeed, the private rented sector now represents 18 per cent of all households in England, and despite the pain endured through the financial crisis, nearly every mortgage lender now offers a buy-to-let...
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Why millions are now more exposed to interest rate rises - Telegraph.co.uk

Why millions are now more exposed to interest rate rises - Telegraph.co.uk | Buy to let for property investors mortgage lending guide | Scoop.it
Why millions are now more exposed to interest rate rises Telegraph.co.uk Our analysis also shows that average mortgage rates have become higher relative to Bank Rate during the period following the banking crisis, adding to the danger that when...
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Boulger: Why we should 'Welcome' Leeds' new 10-year Help to Buy range - Mortgage Strategy (blog)

Boulger: Why we should 'Welcome' Leeds' new 10-year Help to Buy range - Mortgage Strategy (blog) | Buy to let for property investors mortgage lending guide | Scoop.it
Mortgage Strategy (blog) Boulger: Why we should 'Welcome' Leeds' new 10-year Help to Buy range Mortgage Strategy (blog) Leeds' Welcome mortgage range works best on longer term fixed rates as the longer the term to make up the initial period when no...
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Buy to let mortgages on the rise says CML report - Access Legal from Shoosmiths - Access Legal from Shoosmiths

Buy to let mortgages on the rise says CML report - Access Legal from Shoosmiths - Access Legal from Shoosmiths | Buy to let for property investors mortgage lending guide | Scoop.it
Buy to let mortgages on the rise says CML report - Access Legal from Shoosmiths
Access Legal from Shoosmiths
The one fascinating revelation of the report for landlords and tenants was the growth of the buy-to-let market.
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Buy to Let Mortgage Calculator

Buy to Let Mortgage Calculator | Buy to let for property investors mortgage lending guide | Scoop.it
The borrowing calculations for buy-to-let mortgages are different to those for a normal residential mortgage. Lenders will place emphasis on the expected rental income to determine the maximum loan available.
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Buy to let mortgages with no arrangement fee

David Whittaker, managing director at Mortgages for Business, shows off the trophy -- Mortgages for Business is the winner of the Best Broker for Customer Se...
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Buy-to-let market in UK is no easy street - Financial Times

Buy-to-let market in UK is no easy street - Financial Times | Buy to let for property investors mortgage lending guide | Scoop.it
Buy-to-let market in UK is no easy street
Financial Times
It is 18 years since buy-to-let mortgages were dreamt up, paving the way for homeowners to become property investors and fundamentally changing the UK housing market.
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Ten tips for buy-to-let: the essential advice for property investors and pick of the top mortgage rates

Ten tips for buy-to-let: the essential advice for property investors and pick of the top mortgage rates | Buy to let for property investors mortgage lending guide | Scoop.it
For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. Read our top ten buy-to-let tips
Peter Harris's insight:

For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. 

But if you are considering investing in property in 2014 - or improving your returns on a buy-to-let you already own - it's important to do things right.

Read This is Money's top ten buy-to-let tips - the essential guide to successful property investing.

Buy-to-let may not be quite the hot property of the boom years, but it has seen a resurgence in recent times.

As an income investment for those with enough money to raise a big deposit buy-to-let looks attractive, especially compared to low savings rates and stock market volatility.

But beware low rates. One day they must rise and you need to know your investment can stand that test.

Many investors who bought in the boom years before 2007 struggled as mortgage rates rose before the base rate was slashed to 0.5 per cent - and interest rates will rise again.

Despite the potential for costs to rise, lower house prices, rising rents and improving mortgage deals are tempting investors once more.

If you are planning on investing, or just want to know more, we tell you the ten essential things to consider for a successful buy-to-let investment.

Like any investment, buy-to-let comes with no guarantees, but for those who have more faith in bricks and mortar than stocks and shares below are This is Money's top ten tips.


http://www.85percent.co.uk/buy-to-let-mortgage.html

BUY-TO-LET MORTGAGE RATES TUMBLE, BUT BEWARE THE BIG FEES

Buy-to-let landlords need to beware fees, which can substantially push up the cost of a mortgage, especially if they are only fixing or tracking for a short deal period.

The biggest fees are typically those charged as a percentage of the loan but even flat fees can run to £2,000. 

The lowest rate on the buy-to-let market is 2.49 per cent from Nationwide’s broker only arm, The Mortgage Works. However you will need a 40 per cent deposit  and a 2.5 per cent of the loan fee.

This would mean an astonishing £6,250 fee on a £250,000 purchase, creating a total cost of £18,700 for the deal term.

For a slightly smaller deposit of 25 per cent, TMW has a rate of 2.99 per cent with the same 2.5 per cent fee.

Principality Building Society is offering a two-year fixed rate buy-to-let mortgage at 2.99 per cent, you will need a 40 per cent deposit and a fee of £999.

The total cost of this deal would be £15,927 over the two-year period when you include fees.

Alternatively, Coventry Building Society has a two-year fix at 3.59 per cent for borrowers with a 40 per cent deposit with fees of £500.



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Government concerned by estate agent 'double charges' - ITV News

Government concerned by estate agent 'double charges' - ITV News | Buy to let for property investors mortgage lending guide | Scoop.it
Government concerned by estate agent 'double charges'
ITV News
This is where the buyer is asked to pay a fee - which can be many thousands of pounds.
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Buy to let lender Aldermore Bank announces lending criteria changes · mortgagepulse

Landlords shall benefit from major lender in the Buy-to-let arena is going to relax some criteria to enable its borrowers to have more properties mortgaged with them.
Peter Harris's insight:

www.85percent.co.uk/hmo-mortgage.html

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Kent Reliance cuts large loan buy-to-let rates - Buy-to-let - Mortgage Introducer UK

Kent Reliance cuts large loan buy-to-let rates - Buy-to-let - Mortgage Introducer UK | Buy to let for property investors mortgage lending guide | Scoop.it
Kent Reliance has launched a range of specialist large loan buy-to-let mortgages with rates from 4.39% and has reduced rates for standard buy-to-let large products, starting from 4.19%.
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Mortgage Market Review could fuel buy-to-let - Martin & Co (UK)

Mortgage Market Review could fuel buy-to-let - Martin & Co (UK) | Buy to let for property investors mortgage lending guide | Scoop.it
Landlords that are looking to expand their portfolio may be able to benefit from the changes implemented by the Mortgage...
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Buy to let in a post-MMR landscape - Financial Reporter

Buy to let in a post-MMR landscape - Financial Reporter | Buy to let for property investors mortgage lending guide | Scoop.it
Buy to let in a post-MMR landscape
Financial Reporter
Another theme running throughout the MMR discourse is that whilst it is the residential mortgages that will be directly affected by the MMR, there will be an indirect effect on the BTL market.
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Will Ed Milliband lose 1 million landlords votes over this?

Will Ed Milliband lose 1 million landlords votes over this? | Buy to let for property investors mortgage lending guide | Scoop.it
Property118 Forum for Private Landlords
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Loophole that let borrowers dodge Help to Buy loan limit - Daily Mail

Loophole that let borrowers dodge Help to Buy loan limit - Daily Mail | Buy to let for property investors mortgage lending guide | Scoop.it
Daily Mail
Loophole that let borrowers dodge Help to Buy loan limit
Daily Mail
So on a £200,000 sale, a deposit of just £8,000 would be needed instead of £10,000.
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Could now be the worst possible time to buy to let? - Telegraph.co.uk

Could now be the worst possible time to buy to let? - Telegraph.co.uk | Buy to let for property investors mortgage lending guide | Scoop.it
Could now be the worst possible time to buy to let?
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Shawbrook launches new one year fixed-rate best buy savings account

Shawbrook launches new one year fixed-rate best buy savings account | Buy to let for property investors mortgage lending guide | Scoop.it
Challenger bank Shawbrook has launched a new one year fixed-rate savings account this morning offering savers the chance to snap up a 1.95% rate.
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Hope for buy-to-let landlords denied a mortgage in their pension years as ... - This is Money

Hope for buy-to-let landlords denied a mortgage in their pension years as ... - This is Money | Buy to let for property investors mortgage lending guide | Scoop.it
Telegraph.co.uk
Hope for buy-to-let landlords denied a mortgage in their pension years as ...
This is Money
Currently, many lenders have age restrictions on when buy-to-let mortgages mature.
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BuyToLet.com - Buy-to-Let News & Landlord Guides

BuyToLet.com - Buy-to-Let News & Landlord Guides | Buy to let for property investors mortgage lending guide | Scoop.it
BuyToLet.com is the definitive resource for landlords and property investors. Essential news on buy to let mortgages, house prices and landlord insurance.
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New 5 year fixed rates from Keystone Buy to Let Mortgages - Easier (press release)

New 5 year fixed rates from Keystone Buy to Let Mortgages
Easier (press release)
Keystone Buy to Let Mortgages has comprehensively improved its offering with new products, rate and fee reductions, and criteria and service enhancements.
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