Tag: Landbay
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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…
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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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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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Landlords Are Sticking with Fixed Rate Mortgages – Here’s Why
The buy-to-let market is changing, but one thing remains constant: landlords are still looking for stability when it comes to their mortgages. A new survey by Landbay shows that 71% of landlords are planning to go with a five-year fixed rate mortgage when they remortgage, up from 49% last year. Why Are Landlords Choosing Fixed…
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Landbay Cuts Mortgage Rates by Up to 0.2%
Landbay, a leading buy-to-let (BTL) lender, has just slashed mortgage rates. Landbay has cut rates across their standard 5-year fixed and small HMO (House in Multiple Occupation) and MUFB (Multi-Unit Freehold Block) ranges. This follows last week’s already generous reduction of up to 0.40% across their standard 2-year and new non-portfolio products. The biggest reductions…
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Landbay’s Buy-to-Let Mortgage Rates Just Dropped
Landbay, a big name in buy-to-let mortgages, has just slashed interest rates on a bunch of their products. This could mean big savings for you. How much have rates fallen? The biggest cuts are on their 5-year fixed mortgages and their 2-year fixed mortgages. You could see a drop of up to 0.25% on these.…
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Landlords Set to Hike Rents
85% of landlords are planning to increase rents over the next year. That’s right, most landlords are feeling the pinch and are passing on the cost to tenants. Higher Costs, Higher Rents The reason for this rent rise? A combination of higher mortgage rates and increased costs for managing properties. Many landlords are facing a…
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HMO Landlords Feeling Bullish – Are You Missing Out?
Are you thinking about getting into buy-to-let? Well, according to a new survey by Landbay, there’s a good reason to be optimistic, especially if you’re considering HMOs. HMO landlords, those who rent out properties with multiple tenants sharing, are feeling more confident about the future than the average buy-to-let investor. The survey found that 43%…
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HMOs – Are You Ready To Ditch Your Day Job?
Are you thinking of becoming a landlord? Maybe you’re already a landlord, but want to grow your portfolio? Then House of Multiple Occupancy (HMO) properties could be the key to building your financial future. New research from Landbay, a buy-to-let lender, shows that half of all HMO landlords rely on their properties for their entire…