Category: Mortgages

Buy-to-let mortgages down despite good profits available

The number of buy-to-let mortgages fell by 9.8% in May 2018 compared to the same month in 2017. There were

Local councils invest millions in town centre retail property

Local authorities have spent £3.8bn on acquiring commercial properties over the last five years. Nearly half was spent on office space, but £600m was used to purchase retail property. Many town centre shopping areas are

Lenders target first-time landlords

According to data from Moneyfacts, over the last year, there has been a rise of 13% in the number of buy-to-let mortgages that cater for first-time buy-to-let landlords. There is now a

Commercial mortgage brokers can advise landlords on more than loans

A good commercial mortgage broker should be an expert on buy-to-let investing, and the importance of this is even greater in light of a recent study by Simple Landlords Insurance. The study found that

Buy-to-let mortgages at record low rates and predicted to remain stable

Interest rates and costs on buy-to-let mortgages are at record lows. There has been little movement in costs over a three-month period and it is forecast that rates will remain low throughout the

Five-point proposal set out to help retail property

A radical new proposal to help owners of retail property and their tenants have been created by property services company Colliers International,. This is in response to the troubled state of the

Personal income can help first time landlords get mortgages

When considering commercial mortgage applications for buy to let property, most lenders base their decision on the expected rental level and whether the rental income minus expenses will cover the mortgage repayments. Some lenders are now offering

Government changes will affect non-UK property owners

Two changes by the government will affect overseas investors that own property in the UK. In the UK Autumn 2017 Budget, the chancellor proposed that capital gains tax on property should extend to non-UK residents. This is the subject of a consultation paper. The government is expected to

Brokers can help landlords deal with HMO changes

The licencing scheme for houses of multiple occupancy (HMO) is being extended. Commercial mortgage brokers can help landlords understand the new rules. Homes classified as HMO, from October 1st 2018, will include properties where

Commercial property opportunities need careful research

There are many pressures on commercial property landlords that threaten the profitability of their business. There are several ways that landlords can increase their income but they require careful research. Some sectors of the market are more profitable than