Archive for August, 2015

BTL Lending Criteria to Tighten

Posted: August 15th, 2015 | Posted by: admin

Landlords looking for a buy-to-let mortgage will face more restrictive lending criteria in the future. High street lenders are planning to put stricter checks in place to help head off a potential ‘buy-to-let boom’.  The BTL lenders are keen to avoid government regulation of the BTL mortgage market; which remains largely free of Financial Conduct […]

Posted in Mortgages | No Comments | By: admin

Landlords shunning messy students

Posted: August 13th, 2015 | Posted by: admin

A third of landlords are turning students away from their properties because they’d rather rent to professionals who are less “messy”, research from EasyRoommate claims. Research from the frim suggests that the average cost of rent for a double bedroom in London is £692 pcm. Professionals and retirees are on average willing to pay £636 […]

Posted in UK Property | No Comments | By: admin

Super Thursday: Bank of England votes 8-1 to hold interest rates

Posted: August 6th, 2015 | Posted by: admin

City analysts push prospect of a rate rise into 2016 as only one MPC member votes for an increase Fears that the Bank of England is poised to start raising interest rates have receded, after news that just one of the nine members of its policy committee voted to increase borrowing costs from their record […]

Posted in UK Interest Rates | No Comments | By: admin