Many advisers will know the ‘Minimum Energy Performance of Buildings Bill’ currently making its way through parliament. This is a Bill to make provision to increase the minimum energy performance of buildings and sets out that all domestic properties must have an EPC rating of at least C by 2035.
Over recent years, consumers have been leaning green and now the new generation of buyers are taking green thinking into every purchase they make, including who they want to buy a property from. Although your first thought may be green mortgages, there are a lot of other ways to prove you have a green business to help secure environmentally conscious buyers.
In much the same way the 2017 PRA and tax changes are manifesting as a busy year for remortgaging business, they set the course to fundamentally reshape the Buy-to-Let market in a way that is still being seen today.
With a busy year ahead for the Buy-to-Let remortgage market, their Director of Buy-to-Let looks at how lenders can make every remortgage deal simpler.
With the bridging portal, we set out to build an enquiry and application process which made bridging finance faster, easier and more accessible.
The Buy-to-Let remortgage market will be busy in 2022, as 5-year mortgages taken ahead of 2017’s new underwriting standards start maturing. Our Buy-to-Let director analyses the market and what’s changeed for landlords and what lenders need to do to support and manage this increase in remortgage business.
Were they turned down by high street lenders simply because of their age? At Family Building Society, they actively look for ways to help when other lenders can’t.
Read this blog from Emily Smith, Head of Marketing & Distribution at Harpenden Building Society as she looks back at the challenges that 2021 brought to brokers and homebuyers as well as looking at what 2022 holds for the market and the building society.
The Mortgage Lender (TML) have undertaken research into the impact of the pandemic on the nation’s finances and considered the effect that the last two years have had on individual’s ability to access finance in order to buy property or re-mortgage. They found that three quarters of those planning to buy a property in the next year saw their income reduce or job become more volatile.
There’s no denying the incredible growth of the limited company BTL market in recent years. A study by Hamptons has shown that in 2020, around 41,700 limited companies were set up by landlords for their investing, a new record.