Tag: MUFB
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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…
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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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Molo Lowers Buy-to-Let Mortgage Rates
It’s good news for landlords looking to expand their property portfolios or just get a better deal on their existing mortgages. Molo Finance has just announced cuts to their buy-to-let (BTL) mortgage rates, making it a more attractive option for landlords of all kinds. Lower Rates for Everyone The new rates apply to a wide…
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LendInvest Offers Its Lowest Buy-to-Let Rates of the Year!
LendInvest, a leading mortgage lender, has just announced its lowest buy-to-let rates of the year, starting at a super low 3.69%! This could mean big savings for you, so read on to see how you can benefit. Lower Rates Mean More Profit This new rate is a big deal because it can put more money…
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CHL Mortgages Drop BTL Rates by Up to 0.49%
CHL Mortgages has just announced some pretty big cuts to their buy-to-let (BTL) mortgage rates, making it a bit easier for you to get your hands on that next investment property. CHL has trimmed rates across its entire BTL range, with some reductions hitting 0.49%! That’s real money saved for you over the lifetime of…
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Vida Reduces Mortgage Rates by Up to 0.35%
Mortgage lender Vida has announced cuts to its mortgage rates, offering some relief to both homeowners and landlords. The reductions apply across Vida’s range of products, including: This means that borrowers could potentially save hundreds of pounds a year on their mortgage repayments. Who can benefit? Vida specialises in providing mortgages to borrowers who may…
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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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Paragon Slashes Rates on Two-Year BTL Mortgages
Paragon Bank has just announced some tempting new rates on their two-year fixed-rate buy-to-let mortgages. So, if you’re looking to buy or remortgage a property, now could be the perfect time to grab a deal. Paragon are offering rates starting from just 3.89% for single self-contained properties with good energy ratings (A to C). That’s…