West One | West One Can Finance HMOs With Up To 10 Bedrooms
As we reflect on this year, the UK HMO sector remains a strong performer in the Buy-to-Let market. Many experienced landlords are attracted to HMOs because of their potential for generating above-average rental yields. However, can first-time landlords successfully enter the HMO market with their first property? Surprisingly, the answer is yes. At West One […]
The Mortgage Industry In 2023 | A Glass Half-Full Outlook
The Mortgage Industry In 2023 As we move into the Spring of 2023, the mortgage sector has been able to adapt proficiently to our current climate. The Bank of England’s figures demonstrated a staggering 21% decrease in mortgage lending for December, the fourth consecutive month of reductions in individuals securing financing to buy homes. […]
The Challenges of Today’s Adviser | In An Extraordinary 2022
Navigating the Complexities of Today’s Mortgage Market In the ever-evolving UK mortgage market, advisers’ challenges have significantly increased. The cost-of-living crisis and rising interest rates compound these challenges. As a result, mortgage affordability and service quality face mounting pressure, impacting advisers and their clients alike. Rate Race and Risk of Errors A pressing challenge […]
Limited Companies | Eco-Friendly Property Upgrades for BTLs
Limited Companies: Strategic Insights for UK Landlords In case you missed our previous discussions, explore these key topics:Top-Slicing and Let-to-Buy andGreen Talk. Both offer essential insights for landlords navigating the evolving buy-to-let market. Tax-efficient strategies remain vital for landlords managing multiple properties. The UK buy-to-let market increasingly rewards those adopting strategic and eco-conscious approaches. […]
Green Talk | Landlords Face Potential Losses by Misdirection
Building on the earlier publication about Top-slicing and Let-to-Buy | Explore Untapped Opportunities, which delved into unexplored opportunities for lenders featured in Mortgage Solutions, we present another episode to pique your interest, “Green Talk!” A broker has raised concerns about landlords investing substantial amounts in eco-friendly renovations, relying on outdated Energy Performance Certificate (EPC) ratings (Green Talk). […]
EPC Rating | Introducing BTL Landlords to Important Changes
Many advisers know the ‘Minimum Energy Performance of Buildings Bill’ is currently being passed by parliament. This Bill aims to increase the minimum energy performance of buildings. It states that all domestic properties must have an EPC rating of at least C by 2035. The bill states that these measures will be implemented in a […]
Top-slicing and Let-to-Buy | Explore Untapped Opportunities
Retention, top-slicing, let-to-buy, and innovative construction are crucial areas for brokers to address gaps. Mortgage Solutions’ recent video discussed these topics, highlighting the evolving buy-to-let market. Participants emphasised that lenders must adopt progressive strategies to meet the real estate sector’s dynamic demands. They explored novel avenues to keep up with the changing landscape. The discourse highlighted […]
Limited Company Buy-to-Let | What Progress are Being Made?
Limited company buy-to-let The 2017 PRA and tax changes reshaped the UK’s Buy-to-Let market, creating a lasting impact. These reforms aimed to professionalise the market, shifting it away from retirees using property for retirement income. Instead, the focus moved towards professional landlords investing strategically in property portfolios. As a result, forming limited companies became […]
Lenders Need To Step Up | A Busy Year For BTL Remortgage
Lenders need to step up 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, what’s changed for landlords, and what lenders need to do to support and manage this increase in remortgage business. While the Buy-to-Let market will […]
Legal and General Mortgage Club | A year In Reflection
Legal and General Mortgage Club A year in reflection and what’s to come 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 and what 2022 holds for the market and the building society. Emily Smith, Head of Marketing […]
