Lenders to slash buy-to-let rates and bump up how much they’ll lend to landlords.

  A stamp duty hike hangover and fears that Britain would vote to abandon the European Union have pushed lenders to slash buy-to-let rates and bump up how much they’ll lend to landlords. Santander, Nationwide, Aldermore, Pepper Home Loans, Precise Mortgages and Nottingham Building Society have all dropped their buy-to-let rates or raised their maximum[…]

Landlords borrowing more to buy houses than first time buyers…..Invest in buy to let!

  Landlords borrowed more to buy houses in the first three months of this year than first-time buyers, the first time this has happened since the financial crisis. Buy-to-let investors’ (BTL) new purchases accounted for 21pc of all loans in the first quarter, compared with 16.9pc for first-time buyers, according to the Bank of England.[…]

Buy-to-let landlord numbers continue to rise

New buy-to-let landlords are continuing to invest in the sector, according to new figures released by estate agent ludlowthompson. Record low interest rates, stock market volatility and more than healthy demand are all contributing in driving new landlords to the sector. Buy-to-let boom Ludlowthompson’s data, collated with HM Revenue & Customs, indicates that the number[…]