Positive signs for the market – but will it last?


As the UK struggles to return to normality amid the COVID-19 pandemic, the early signs seem positive for the housing market. Mortgage brokers I’ve spoken to are upbeat about the number of enquiries they’re receiving now people are permitted to move. It seems there is enough pent-up demand for the market to start moving again, […]

The post Positive signs for the market – but will it last? appeared first on PropertyWire.



Source link

Lenders pledge to treat commercial landlords sympathetically


Banks and other providers have committed to supporting commercial landlords ahead of the June/July rent quarter. They said they will support ‘viable businesses’ and are engaging with landlords ahead of the next quarter. Circumstances will be considered on a case-by-case basis, while providers have pledged to treat customers ‘sympathetically’. Stephen Jones, chief executive of UK […]

The post Lenders pledge to treat commercial landlords sympathetically appeared first on PropertyWire.



Source link

House sellers warned to virally deep clean properties


House-sellers are being urged by estate agents to virally deep-clean properties to guarantee that sales go through. There has been a spike in demand for deep cleaning services from house-sellers. Chris Alexander, branch manager at Aspire Estate Agents, said: “In the last week we’ve had safety concerns from buyers who won’t move into a new […]

The post House sellers warned to virally deep clean properties appeared first on PropertyWire.



Source link

A roundup of buy-to-let policies


Aaron Strutt, product director at Trinity Financial A selection of buy-to-let lenders have eased their acceptance criteria as they look to ramp up the number of mortgages they provide. Many of the banks and building societies have increased their maximum loan sizes, lowered their rates and reduced the size of the deposit landlords need to […]

The post A roundup of buy-to-let policies appeared first on PropertyWire.



Source link

Landbay unveils buy-to-let range to 75% LTV


Landbay has launched a product range with loan-to-values up to 75%. Rates start from 3.39%, while the firm will lend both on large and small houses in multiple occupation (HMOs) of up 12 units, multi-unit freehold blocks (MUFBs) and new build properties. Paul Brett, managing director of Intermediaries at Landbay, said: “It is good to […]

The post Landbay unveils buy-to-let range to 75% LTV appeared first on PropertyWire.



Source link

Brokers remained confident in Q1 despite COVID-19


Intermediaries remained confident in their own businesses’ outlook throughout the first quarter of 2020, research from the Intermediary Mortgage Lenders Association (IMLA) found. This is despite falling confidence in the wider mortgage market in March due to the COVID-19 outbreak. Kate Davies, executive director of IMLA, said: “It’s no real surprise that the coronavirus lockdown […]

The post Brokers remained confident in Q1 despite COVID-19 appeared first on PropertyWire.



Source link