Tag: HMO
-
Landbay Announces Buy-to-Let Mortgage Rate Cuts
Specialist lender Landbay has reduced rates across its fixed-rate products. The biggest savings are on offer for landlords opting for 2-year fixed-rate mortgages, with rates plummeting by an impressive 0.15%. This includes mortgages designed for small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs). The best rates start at a tempting 3.99% for…
-
Castle Trust Bank Cuts Mortgage Rates for Renovations
Castle Trust Bank has announced some fantastic news for anyone looking to buy a property, with big cuts to interest rates on a range of mortgages. There’s good news whether you’re thinking of making some home improvements or becoming a landlord, as Castle Trust Bank has reduced rates on many of its mortgages. Let’s break…
-
LendInvest Cuts Refurbishment Bridging Loan Rates
LendInvest Mortgages has reduced rates on its 85% Loan-to-Value (LTV) refurbishment bridging loan, making it cheaper than ever to spruce up properties for a tidy profit. The new rate has been reduced to 0.98%, meaning investors can now secure a loan covering 74% of the property’s value after the refurbishment. This opens up new possibilities,…
-
Molo Finance Cuts Rates on BTL Mortgages
Molo Finance have just announced some updates to their buy-to-let mortgages. Molo, a leading name in the buy-to-let mortgage game, are offering lower interest rates and new product fee tiers. This means more choice for you and a better chance of bagging a deal that fits your budget like a glove. Lower Rates to Make…
-
The New Wave of Landlords Taking Over Britain’s Rental Market
Forget what you thought you knew about landlords – a new generation of property moguls is emerging, ready to shake things up in the UK’s rental market. With seasoned landlords approaching retirement, who are these ambitious individuals stepping into their shoes? A recent study by Paragon Bank has unveiled the face of Britain’s future landlord:…
-
Foundation Reduces Buy-to-Let Mortgage Rates by up to 0.5%
Foundation Home Loans has just announced some cuts to its buy-to-let mortgage rates. Big savings across the board The biggest cuts are on Foundation’s F1, F2, and F3 products, with some rates dropping by as much as 0.5%. This means you could save hundreds or even thousands of pounds over the life of your mortgage.…
-
YBS Reduces Landlord Mortgage Rates
Good news for landlords! Yorkshire Building Society (YBS) has announced cuts to its buy-to-let and semi-commercial mortgage rates. In a move designed to support landlords, YBS has reduced rates across a range of its mortgage products. This includes: Buy-to-Let Mortgages HMO and Holiday Let Mortgages Semi-Commercial Mortgages Angela Norman, interim managing director at YBS Commercial…
-
Will Labour’s Looming Tax Hikes Wipe Out Landlords’ Profits?
Whispers around Westminster suggest that landlords could be facing big tax changes in the upcoming Budget. Property experts are predicting a significant increase in Capital Gains Tax (CGT), the tax you pay on the profit when you sell a property. This could see landlords rushing to offload their properties before the new rules come into…