Data from Barclays Property Insights shows that rent and mortgage spending increased 4.6 % year-on-year in May, below the 5.2 % recorded in April, and marking the third consecutive month that growth has slowed. However, those nearing the end of five-year fixed-rate mortgages are anticipating increased costs as they roll off onto comparatively higher rates. […]
Buy-to-let lender Landbay has reduced rates by up to 0.15% across its popular non-portfolio range of products. Designed for landlords with three or less mortgaged properties, the reductions are available on non-portfolio standard and AVM-supported five-year fixed rate products. In addition, Landbay has added a new five-year fixed rate option to the range – available […]
Cole Waterhouse (CW) and Taurus Investment Holdings LLC (Taurus) are pleased to announce the successful refinancing of its award-winning build-to-rent asset in Salford Quays, Manchester. The £57m facility provided by Cynergy Bank, a UK-based challenger bank focused on providing tailored solutions, will support the continued growth and operational excellence of this landmark development. The EDA […]
Nearly half of the UK’s BTL landlords (44%) plan to put up rent in response to the new Renters’ Rights Bill, new survey data from Landbay can reveal. Of those who are raising rents specifically because of the Renters’ Rights Bill, landlords with portfolios of between four and 10 properties are most likely to increase […]
The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association (IMLA) shows intermediary confidence in their own business, the outlook for intermediary channel and the mortgage industry rebounding to near record highs. In Q1 2025, 98% of intermediaries said they felt ‘very confident’ (46%) or ‘fairly confident’ (52%) about the prospects for their own business; 94% felt […]
Buy-to-Let (BTL) mortgage brokers are overwhelmingly recommending fixed-rate mortgages to landlords, with 5-year fixed products emerging as the top choice. The research, undertaken by BTL lender Landbay, asked brokers, “What’s your go-to mortgage recommendation for landlords right now?” Landbay found that 83% of brokers were recommending fixed-rate mortgages with only 17% recommending tracker products. Roughly […]
HMRC’s latest statistics show changes to Stamp Duty Land Tax (SDLT) in April caused the UK property market to have an unprecedented surge in transactions during March, say leading audit, tax and business advisory firm, Blick Rothenberg. Tom Goddard, a senior associate at the firm, said: “The statistics show there were 77,480 more residential property […]
An award-winning specialist business bank is making changes to its product criteria to boost the affordability of its residential investment buy-to-let mortgages for professional landlords. In response to the continued higher interest rate environment and following consultations with leading brokers, Redwood Bank has reassessed its proposition. These new changes increase the leverage available to landlords, […]
The UK bridging market is on course for a strong year ahead, according to new research from specialist lender Black & White Bridging. The firm’s latest broker survey reveals that 72% of intermediaries predict growth in the bridging market in 2025, with one in ten forecasting high growth, as demand for fast, flexible finance continues to […]
Aspen has responded to the latest Bank of England base rate reduction with the launch of a new Rate Card, showing cuts of up to 72bps across several of its most popular products. Residential bridging is now 0.78% pm at 75% LTV, a reduction in pricing of 72 bps. Heavy Refurbishment is now available at […]
