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Buy-to-let Mortgages Increase

Buy-to-let lending in the UK has increased by 19.4% year on year in the first four months of 2015. This type of lending is outpacing residential mortgages which were up only 1.7% in the same period. The survey showed the average residential mortgage was £177,000 which is up 4.8% on last year and buy-to-let was £151,000 up 4% on the same period.

Quality rental properties in high demand

A recent survey by high street estate agents is showing a very high demand for good condition rental properties. One agency in the Midlands area reported a 17% increase since January of clients waiting for suitable properties to come onto the market. The demand is growing it would seem nationwide with London and the surrounding areas reporting severe shortages of suitable properties to rent.

Rates continue to tumble

Buy-to-let rates are still on a downward spiral which is really good news for the more mature person thinking about investing some of their newly liberated pension fund. More mature people are looking into this form of investment as returns can be very lucrative on the right property.

Buy-let-let re-mortgages increasing

Landlords are moving very fast to re-mortgage their properties to take advantage of the record low rate mortgages currently on offer. Figures for 2015 are showing 58% of all buy-to-let mortgages have been re-mortgages this financial year.

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Buy-to-let Mortgages Increase

Quality rental properties in high demand

Rates continue to tumble

Buy-let-let re-mortgages increasing

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