Tag: HMO
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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…
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FHL’s Mortgage Rate Cuts for Landlords and Homebuyers
Foundation Home Loans has announced good news for both landlords and people looking to buy their own home, with a range of mortgage rate cuts. There are savings for landlords, with Foundation cutting rates across its special and limited edition buy-to-let mortgages. These cuts are designed to offer more choice and flexibility, with different options…
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Landlord Mortgage Rates Cut by Together and Landbay
Two top specialist lenders, Together and Landbay, have slashed their mortgage rates, making it cheaper for landlords to buy or renovate properties. Together has lowered rates on its unregulated bridging loans. These loans are perfect if you need to buy or renovate a property quickly. The new rates apply to loans over £100,000. Here’s the…
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Gen H Raises Mortgage Rates While Others Cut
Gen H is making a splash with some changes to its rates. They’re saying they’re doing this to “protect customer service levels” after a busy week, but let’s break down what it means for you: Bank of Ireland Cuts Costs Bank of Ireland is taking a different approach and is cutting rates on some of…
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MFS Cuts BTL Mortgage Rates, Fleet Adds HMOs
Good news, landlords! It seems the property market is heating up again, with big changes in the world of HMO and BTL mortgages. Let’s break it down: Fleet Mortgages is revamping their whole HMO mortgage range: Here are a few of the new HMO options: Fleet’s Chief Commercial Officer, Steve Cox, says they’ve seen a…
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Landlords Are Bullish – Buy-to-Let Booming Despite Worries
The buy-to-let market is still looking strong, with many landlords planning to expand your property portfolios. But, there are some clouds on the horizon, so it’s time to be smart about investments. A recent survey of over 1,100 landlords, by Landbay, revealed that while most are optimistic about their long-term prospects, there are some short-term…
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Mortgage Rate Shake-Up – Virgin Money Announces Cuts
Virgin Money has launched new fixed-rate mortgages, while big lenders like Halifax and NatWest are slashing rates. There’s a scramble in the mortgage market, with several lenders making big changes. This is excellent news for borrowers who could be in line for cheaper deals. Virgin Money is tempting homebuyers and those looking to remortgage with…
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LendInvest Unveils New Buy-to-Let Mortgage Range, Reduces Rates
Looking to invest in UK property from overseas? LendInvest has just launched a brand-new mortgage range specifically designed for expats, offering a lifeline to landlords living abroad. These mortgages are a game changer for expat landlords, providing a simple and fast solution for managing their UK property portfolios. Here’s what you need to know: Rates…
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Landlords Are Going Block-Busting – Why Multi-Unit Freehold Blocks Are Hot Right Now
For landlords, there’s a new property type on the block – literally! Multi-Unit Freehold Blocks (MUFBs) are becoming a real hot ticket for investors looking to boost their returns. What’s the Deal with MUFBs? Simply put, a MUFB is a building with multiple apartments or flats, where the landlord owns the entire building – freehold…
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Principality and TML Slash Rates – Here’s What You Need to Know
There’s good news for home buyers and those looking to remortgage, with two lenders announcing cuts to their mortgage rates. Principality Building Society is cutting rates on some of its mortgages by up to a hefty 0.48 percentage points. That’s a significant saving, particularly for those with large mortgages. The Mortgage Lender (TML) has also…