Category: Buy To Let
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Precise Announces Mortgage Rate Cuts for Homebuyers and Landlords
Precise Mortgages has slashed interest rates on a range of its mortgages, offering good news for those looking to buy a home or expand their property portfolio. The biggest winners are landlords seeking buy-to-let mortgages for refurbishment projects, with rates plummeting by up to 1.05% – that’s a saving of £1,050 per year on a…
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Top UK Postcodes for Rental Yields on Properties Under £100k
Looking to invest in property but don’t want to break the bank? You can still become a landlord without having to fork out a fortune, and some areas offer incredible returns on your investment. We’re talking about rental yields, which is the amount of income you earn from renting out a property compared to the…
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Marsden’s New Expat Holiday Let Mortgages
If you’re an expat looking to invest in UK property, Marsden Building Society has just relaunched their expat holiday let mortgage range, making it easier than ever to get a slice of the lucrative holiday market in England and Wales. What’s on Offer? Marsden is offering competitive rates starting from 5.89%, making it a serious…
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Landlords Are Getting Younger – The New Breed of Property Investor
Forget the image of a silver-haired pensioner – a new wave of landlords is entering the property market, and they’re younger, hungrier, and more ambitious than ever before. Young Blood In The Market The average age of landlords buying new buy-to-let (BTL) properties has been steadily decreasing, according to new research from Paragon Bank. Back…
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Edinburgh Property Hotspots – EH3 and EH8 Top the Charts for Rental Returns
Thinking of becoming a landlord in Edinburgh? New data reveals the postcodes where you could earn the highest rental yields – and EH3 and EH8 are leading the pack. According to the latest figures from ESPC, covering April to June 2024, these two Edinburgh postcodes are a goldmine for buy-to-let investors. EH3: A Hit With…
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London Landlords Cashing Out
The number of buy-to-let properties in London being put up for sale is skyrocketing, according to new research from TwentyCi. In July 2024, 22% of homes listed for sale in inner London were previously rented out. This is a record high and almost three times higher than the average across the UK. The trend has…
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Landlords Facing Soaring Finance Costs Despite Recent Cut in Interest Rates
The Bank of England cut the base rate by 0.25% to 5% earlier this month, but this has only offered limited relief to landlords, with many still facing high borrowing costs. A recent poll by bridging lender Finbri, which surveyed 600 UK property investors, found that 67% of landlords are concerned about the impact of…
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Buy-to-Let Boom in the North – Forget London, This is Where the Profits Are!
The buy-to-let market is in turmoil. Landlords are fleeing London and the South East, scared off by soaring interest rates, tough new taxes, and stricter regulations. But don’t despair! While the south is struggling, the North is thriving, offering a golden opportunity for those willing to look beyond the usual hotspots. Why the North is…
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Landlords Are Buying More Houses Than They’re Selling
The property market is hot right now, and guess who’s cashing in? Landlords! New research shows that more landlords are snapping up rental properties than ever before. A recent study by the TDS Charitable Foundation surveyed over 2,000 landlords and found 19% of them bought new properties in the last year. In comparison, only 13%…
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Landlords’ Rental Yields Soar in These UK Hotspots
New data from letting agent Lomond reveals that Merthyr Tydfil, Brent, and Hammersmith and Fulham are leading the pack. These areas have seen rental yields jump by a healthy margin over the past year: Other areas with strong gains: Not just a few hot spots: The good news is that every region of England and…