Buy-to-Let Watch Episode 1 | Home Thoughts From Abroad
Last year, we launched a series called “Commercial Watch Episode 1 | The Brilliant When One Door Closes,” which was well received. In the spirit of fairness, we introduce a new series: “Buy-to-Let Watch.” Of course, we start with “Buy-to-Let Watch Episode 1.” Current Market Trends Recent UK Finance figures show a 5% year-on-year decrease […]
Buy-to-let Market | More Change Ahead | 2018
Liz Syms, CEO and Founder of Connect Mortgages Buy-to-let market: Our previous publication featured an intriguing interview with Liz Syms. It was titled “Buy-to-Let Interview | Business Plan For Clients Produced by Brokers.” As we embark on the new year, it’s essential to anticipate the challenges awaiting landlords. The buy-to-let market is constantly evolving due […]
Buy-to-Let Interview | Business Plan For Clients by Brokers
Buy-to-Let Interview: The thriving specialist mortgage sector has witnessed significant expansion in recent years, navigating the intricate landscape shaped by regulatory and governmental interventions. As the CEO of Connect for Intermediaries, Liz Syms oversees a multifaceted operation involving brokerage, packaging, and networking. Through this comprehensive business model, she has observed the transformative effects of regulatory shifts on […]
Expat BTL Mortgage | Inspiring Beginner’s Guide for Advising
Liz Syms, CEO and Founder of Connect Mortgages Various lenders’ and brokers’ reports indicate substantial expat BTL mortgage sector growth. Liz Syms explains how brokers can start in this market and emphasise the key criteria lenders focus on. The World Bank estimates that around 5.5 million individuals from the UK live overseas, about 8% of […]
Portfolio Lenders | The Key Changes For Landlords Uncovered
Liz Syms, CEO and Founder of Connect Mortgages Navigating New PRA Rules for Portfolio Landlords With new PRA rules for portfolio landlords approaching, many lenders have disclosed their varying interpretations. These interpretations have led to significant differences in requirements for portfolio landlords and their brokers. The PRA defines portfolio landlords as those owning four […]
Member Brokers | How Brokers Can Help Portfolio Landlords?
From October 1st, lenders must perform stricter evaluations before approving loans for rental property portfolios. This includes affordability testing. The Prudential Regulation Authority (PRA) guidelines suggest a “proportionate approach,” considering the borrower’s circumstances, portfolio, and additional income sources. Liz Syms, CEO and Founder of Connect Mortgages The Role of Brokers in a Changing Market The […]
Property Landlords | Brokers Must Prove Their Worth
Property landlords Liz Syms, CEO and Founder of Connect Mortgages The buy-to-let market is changing rapidly, making mortgage brokers’ roles more vital than ever. Because the pace of change is swift, keeping up-to-date is essential for success. On 6 April, a significant tax shift occurred, reducing relief on mortgage interest for property landlords. This […]
Buy-to-let Sector | PRA Rules to Drive up HMO Interest
Buy-to-let Sector: Last week, the Prudential Regulation Authority (PRA) issued an important paper on underwriting standards in the buy-to-let sector. Liz Syms, CEO of Connect for Intermediaries, examines its implications and the potential shifts in investor strategies. Liz Syms, CEO of Connect for Intermediaries The document “Underwriting Standards for Buy-to-Let Mortgage Contracts” finalises conclusions from […]
