The lender has reduced selected two and five year fixed rates, with the lowest rates available alongside a 7% product fee.
Kensington’s 75% LTV buy-to-let rates now start from 3.69% on a two-year fix in its Prime range, with a 5% fee.
TAB underwrote the loan on market rent rather than the higher passing rent paid by a related-party commercial tenant.
A basic-rate landlord with about £12,100 in rental profit would pay £2,904 in tax rather than £2,420.
Just 29.9% of Cardiff’s rental stock is listed below the city’s average rent, the lowest share of the 15 cities analysed.
Atelier has completed a £12.6m development finance loan to fund the construction of 35 homes in Cowfold, West Sussex, including 12 affordable units.
“UK house prices fell by -0.6% in October, a larger drop than in recent months, taking the average property price down to ...
Commercial property landlords are calling for clearer guidance on securing empty buildings as vacancy levels rise, with ...
The five-year facility repays the borrower’s existing lender and releases a modest amount of equity. The portfolio comprises ...
Bridging finance lender Phoenix Money Group, trading as Phoenix Money, has joined the Bridging & Development Lenders ...
Jonathan Rolande warns that build-to-rent starts falling from 12,674 to 4,696 will leave renters facing a supply shortfall.
Falling supply appears to be propping up prices. Zoopla’s Rental Market Report, published on 14 September, put the number of ...