Tag: Paragon Bank
-
BTL Mortgage Arrears Still Low Despite Small Rise – Should Landlords Be Worried?
The latest figures show a tiny increase in the number of landlords falling behind on their mortgage payments, but experts reckon it’s nothing to worry about. So is now a good time to grab a bargain? Read on… The number of buy-to-let (BTL) mortgages in arrears edged up by just over 0.5% in the second…
-
North East Landlords Getting 8% Rental Yields
New research from Paragon Bank has revealed that landlords in the North East are making average rental yields of 8.13% – the highest in the UK! Wales came in a close second at 8.07%, with the North West taking third place at a respectable 7.84%. Yorkshire & Humber also boasted impressive returns, with landlords enjoying…
-
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:…
-
Landlords Flock to Limited Companies to Boost Profits
Landlords are shifting their properties into limited company structures to beat the taxman and boost their rental income, according to new research. More and more landlords are choosing to manage their properties through limited companies, a trend that’s been on the rise for the past four years. This move allows them to take advantage of…
-
Stoke-on-Trent: The Hot Spot for Student Landlord Profits!
Looking to make a smart investment and earn rental income? Then you need to check out Stoke-on-Trent! This city has just been crowned the top spot for student landlords seeking the highest yields on their property investments. That’s right, Stoke-on-Trent is the champion of student letting, offering landlords a 9.43% average yield! Stoke-on-Trent: A Student…
-
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…
-
Paragon Cuts BTL Rates by up to 20bps
Paragon Bank has just slashed rates on many of their buy-to-let (BTL) mortgages, making it a bit easier to make those rental profits. Lower Rates, More Options Paragon Bank has reduced rates on 20 of their BTL mortgages by up to 20 basis points (bps). That means you could save a bit of cash on…
-
Landlords’ Yields Hit 10-Year High!
Rental yields have just climbed to their highest point in a decade, reaching 6.3% in the last quarter. That’s the best news for landlords since 2014, and it means your investment properties are starting to bring in some serious cash. The average landlord is now seeing a return of 6.3% on their investments. This is…
-
More Mortgage Rate Cuts Coming Tomorrow
Good news for homebuyers and those looking to remortgage – mortgage rates are plummeting! Accord and NatWest are the latest lenders to announce big cuts to their mortgage rates, offering a much-needed boost for borrowers feeling the pinch. From tomorrow, both lenders will be reducing rates across a range of products: Accord NatWest What’s Driving…
-
London Landlords – Your Investment is Worth £14.6 BILLION!
A report, by PwC, found that the private rented sector in London alone generates £14.6 billion in gross value added (GVA) to the UK economy. That’s a massive 2.6% of the total GVA for the entire region. It’s not just about the numbers; this money helps create jobs, build infrastructure, and keep the city running…