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Zephyr Homeloans has launched a range of buy-to-let products up to 75% loan-to-value. The lender offers fixed-rate buy-to-let mortgages for standard properties, residential properties, houses in multiple occupancy (HMOs), multi-unit blocks (MUBs), new-build properties and flats above commercial properties. Products have LTVs at 60% and 70% across all ranges, and up to 75% LTV on […]
The post Zephyr unveil buy-to-lets to 75% LTV appeared first on PropertyWire.
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Mary-Anne Bowring is managing director and founder of Ringley Group and PlanetRent It has been a tough few years for the buy-to-let investors After narrowly escaping the threat of rent controls following Labours defeat in the 2015 general election, the then Conservative Chancellor George Osborne hit them first with reduced mortgage relief and then extra […]
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The key to unlocking the UK’s housing crisis is reversing underinvestment in purpose-built housing for older people, which could encourage downsizers and free up family homes. This is according to a report, ‘Too little, Too late? Housing for an ageing population’, published, by Associated Retirement Community Operators (ARCO). Phil Bayliss, chief executive of Later Living […]
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Postcodes in Liverpool, Bradford and Sunderland are three of the best locations to buy property as an investor, research from Mojo Mortgages has found. Investors in Liverpool’s L7 postcode achieve an average yield of 10.30%, with an average asking price of £95,000. Five other Liverpool postcodes are in the 20 top of the UK’s best […]
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The government needs to increase Local Housing Allowance (LHA) or risk seeing evictions soar in the capital, Labour’s London Assembly housing spokesperson, Murad Qureshi, has warned. People under 35 who are single with no children are restricted to the shared accommodation rate of the benefit – which is a lower rate. The government’s three-month ban […]
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Kent Reliance for Intermediaries, Precise Mortgages and InterBay Commercial will now progress mortgage cases with the lending policies at the time of application once valuation fees have been paid. There will be some additional underwriting checks, such as ensuring the client’s current circumstances are considered. Alan Cleary, managing director of OneSavings Bank, said: “We’ve continued […]
The post Kent Reliance, Precise and InterBay to honour pipeline business appeared first on PropertyWire.
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The number of 95% loan-to-value 2-year fixed rates have fallen from 11 in May to just six in June, moneyfacts.co.uk data found. Meanwhile 95% LTV 5-year fixes have fallen from 11 in May to 9 in June. Danny Belton, head of lender relationships, Legal & General Mortgage Club, said: “The disruption caused by coronavirus and […]
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Two in five (38%) people have undertaken DIY or renovations during the lockdown, research from Aldermore found. Gardening was the most popular DIY activity among Brits (57%) during lockdown, followed by spring cleaning (47%) and (34%) painting or wallpapering rooms. Jon Cooper, head of mortgage distribution, Aldermore, said: “DIY comes in surprisingly handy as a […]
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Anwyl Homes is inviting homebuyers to a virtual relaunch of show homes at its 26-property development at Bluebell Meadows in Fulwood, near Preston. This will take place on Saturday June 13th at 10:30am across social media channels. Bluebell Meadows opened in mid-March and some people saw the show homes before the development closed temporarily when […]
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The government should suspend freeholders’ rights to collect ground rents and service charges according to The Leasehold Solutions Group, which works with leaseholders on tasks like managing lease extension. Around half of leaseholders are struggling to pay their current service charge bills and ground rent, according to ‘anecdotal evidence’ from group. Louie Burns (pictured), managing […]
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