Mortgages

This category can only be viewed by members. To view this category, sign up by purchasing iHowz Dual Membership – 1 Year, iHowz Single Membership – 1 Year, iHowz 5 Year Membership, iHowz 2 Year Membership or iHowz Corporate Membership - 1 Year.

Landlords not covered by new mortgage guidance

The Financial Conduct Authority (FCA) has updating borrowers’ responsibilities to their existing mortgage holders, will only cover ‘regulated’ products.  You can see the full details here. This means that buy-to-let mortgages, which are deemed to be ‘unregulated...

read more

Lender suspends arrears fees

A building society that last summer scrapped all lending on some holiday homes has now come up with another unusual policy – not charging fees to borrowers who fall into arrears.In August the Leeds Building Society decided that it would continue with buy to let loans and mortgages for holiday homes available to let for […]

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more

Landlords avoid buying low EPC rated properties

Barry Webb, chief executive of Mortgage Saving Experts has commented that landlords, battered by high interest rates and tightening energy-efficiency regulations, are losing patience with the property market. Webb has noticed this particularly in the south of the country, where rental yields are lower because property prices are higher.  Fewer landlords have been purchasing properties […]

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more

Mortgage Approvals Plunge

Mortgage approvals in Britain plunged much more than expected in November according to fresh data, as the fallout from the ill-fated mini-budget of the short-lived Truss administration lingered. According to the Bank of England, around 46,100 mortgages were approved in the month, sliding from a revised total of 57,900 in October. It was also well […]

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more

Why 2023 could bring the collapse of buy-to-let

The Telegraph published an article just after Christmas questioning whether 2023 might see the collapse of the buy-to-let market. This is mostly due to the reduced tax relief coupled with rising costs, especially mortgage rates. The article can be seen here (subscription might be necessary)

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more

‘We’ll lose £5,000 on just one of our buy-to-lets’: Landlords hit hard by Britain’s mortgage chaos

The Telegraph are reporting the problems of Section 24 tax amendments, now being shown up by rising interest rates. The article can be seen here (subscription may be required) and looks at a buy-to-let landlord near Bristol, that when one of her fixed-rate mortgages comes to the end, her £930 per year profit on the […]

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more

Landlords swoop on housing downturn to snap up bargain properties

In another article in the Telegraph, Melissa Lawford is reporting that Buy-to-let investors are swooping to snap up property bargains as buyer demand disappears amid the housing market downturn. It can be seen here (subscription may be required) and says: Between January and November, the share of offers made by buy-to-let investors on properties that […]

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more

Buy-to-let mortgage market shows signs of recovering

Zoopla have published a new report finding: The number of buy-to-let mortgage deals available has increased by more than 700 since the beginning of October to 1,769 different products The average cost of the mortgages has continued to increase and stands at 6.5% for two-year deals and 6.42% for five-year ones Buy-to-let mortgage rates are […]

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more

Warning of fewer rental properties as landlords squeezed

The BBC have run a piece on the danger to tenants with higher mortgae rates forcing out landlords. It can be seen here, and says:   Renters could find it more difficult to find properties in the next year or two as landlords struggle with higher mortgage rates, MPs have heard. Ray Boulger, from mortgage […]

To access this page, you must have a valid iHowz Membership.
If you already have a membership, please login first via the log in page.

read more
SEARCH

YOU MAY ALSO LIKE

This category can only be viewed by members. To view this category, sign up by purchasing iHowz Dual Membership – 1 Year, iHowz Single Membership – 1 Year, iHowz 5 Year Membership, iHowz 2 Year Membership or iHowz Corporate Membership - 1 Year.

Lender suspends arrears fees

A building society that last summer scrapped all lending on some holiday homes has now come up with another unusual...

CATEGORIES
SOCIAL

Today the ONS confirmed Government is still spending almost £9bn on energy price subsidy and support.

iHowz ask why 2 years on the new MEES are not published and only limited finance available for energy efficiency in homes
https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/bulletins/publicsectorfinances/february2023

@iHowz, @DLUHC, @HMTreasury

Load More