Comments and views on the latest developments in buy to let, commercial and residential mortgages from our resident experts at Mortgages for Business.
Buy to let and commercial mortgage bloggers:
David Whittaker, Managing Director
Steve Olejnik, Sales Director
Jeni Browne, Head of Residential & Buy to Let Lending
Mike Freeman, Head of Specialist Underwriting
Simon Whittaker, Finance Director
Residential mortgage blogger:
Jeni Browne, Head of Residential and Buy to Let Lending
Regulated buy to let transactions could scare lenders away
A few buy to let transactions are already regulated but finding a lender can be difficult. Jeni Browne considers whether proposed regulation of accidental landlords will scare lenders away from these types of transactions altogether.
Understanding why investors gear their properties
Steve Olejnik, sales director, explains why investors gear their properties.
Interest rates may rise sooner than expected
If you read all of the commentary about Mark Carney’s Mansion House speech on Friday 13th June you will almost certainly be left believing that the Governor said that a rise in Bank Rate is imminent.
Buy to Let Mortgage Costs Index Q1 2014 - Results out now!
Listen to David Whittaker, managing director at Mortgages for Business, comment on the Buy to Let Mortgage Costs Index results for the first quarter of 2014.
The buy to let saga continues
Last week saw The Mortgage Works make a monumental change to its lending policy – previously you could apply for a buy to let mortgage aged 84 and below and it could run to your 90th birthday. Now, there is no maximum age on when the mortgage can be repaid, but you can be no older than 70 when it starts.
Implications of 15pc Stamp Duty Rate for Limited Companies
Why the extension of the 15pc stamp duty rate on properties costing over £500k purchased by limited companies won’t affect most landlords financially.
Playing the long game
Recently a client asked me for a 10 year fixed rate home-owner mortgage. As I began researching, I admit I was thinking it was a waste of time, no one ever takes a 10 year fixed these days, they are always far too expensive. So when I saw a 10 year fixed at 3.89%, I have to say I felt a little sheepish.
Why investors should consider five year fixed rate buy to let mortgages
The Bank of England published yesterday its quarterly Inflation Report incorporating its new “forward guidance” on future interest rates. So what do we know now that we didn’t know before? And how does it affect buy to let mortgage rates?
What the Autumn Statement means for property investors
There were a few announcements in this year’s Autumn Statement that could affect landlords, property investors and developers dealing in both residential and commercial real estate. We look at the good and the bad.
Will buy to let mortgages be affected by the changes to the Funding for Lending Scheme
Steve Olejnik, sales director, explores what impact the changes of the Funding for Lending Scheme announced by the Bank of England could have on buy to let mortgages.