landlords
Landbay: Pet-friendly properties more attractive for renters
September 17, 2019 | Kathryn Gaw
NEW TENANTS are most attracted to pet-friendly properties, unfurnished properties, and properties with a garden, Landbay has revealed.
In a new survey, the buy-to-let focussed marketplace lender asked 2,000 renters what would make them want to approach a landlord about … Read More
Buy-to-let landlords ‘should have sold three years ago’ as returns drop
April 23, 2019 | Hannah Smith
BUY-TO-LET landlords have seen their returns decline in recent years and would fare better from investing in listed corporate landlords instead, new research has found.
A new index from direct lending investment manager BondMason has recorded the performance of residential property … Read More
Landlords lean on accountants to navigate tax changes in BTL sector
March 28, 2019 | Hannah Smith
MORE than half of landlords use an accountant to help them make property decisions and navigate recent tax changes to the sector, new research has found.
The survey of 500 landlords conducted by Kent Reliance for Intermediaries, part of specialist … Read More
Landlords report tax bill shocks as BTL reforms bite
March 26, 2019 | Hannah Smith
NEARLY six out of 10 landlords saw their tax bill rise in 2017-18, and many were unpleasantly surprised by the increase, according to a new report into the sector from buy-to-let mortgage lender Paragon.
Its PRS Trends Report for the … Read More
Buy-to-let product choice reaches post-crisis high
February 25, 2019 | Hannah Smith
BUY-TO-LET borrowers have the greatest choice of mortgage products since the financial crisis, Moneyfacts analysis shows, despite the challenges facing the sector.
Moneyfacts found that landlords now have 2,162 buy-to-let mortgage products to choose from, the highest number since October … Read More
Landbay expands into HMO buy-to-let loans
February 26, 2018 | Marc Shoffman
LANDBAY has broadened its product proposition into lending for landlords managing houses in multiple occupation (HMO.)
The peer-to-peer buy-to-let lender will now offer products focusing on landlords with HMOs, a specialist area that banks often avoid.
The lender will offer … Read More
UK mortgage approvals slump to lowest level since 2013
January 25, 2018 | Marc Shoffman
MORTGAGE approvals hit record lows at the end of 2017, new lending data reveals.
Figures from trade body UK Finance, released on Thursday, showed that banks approved 36,115 mortgages in December – the lowest figure since April 2013.
The value … Read More
Landbay eases stress tests for portfolio landlords
January 16, 2018 | Marc Shoffman
LANDBAY has altered its stress tests for portfolio landlords applying for buy-to-let loans on the platforms.
The buy-to-let peer-to-peer lender will now require rents to cover 125 per cent of the mortgage at an interest rate of five per cent, … Read More
Positive Lending joins Landbay’s panel of distribution partners
August 11, 2017 | Marc Shoffman
PEER-TO-PEER buy-to-let lender Landbay has added Positive Lending to its panel of distribution partners.
The partnership means Positive Lending, which assists more than 3,000 intermediaries with loan inquires a year, will be able to give buy-to-let clients access to P2P … Read More
LandlordInvest trials dropping secondary market charges
August 8, 2017 | Marc Shoffman
LANDLORDINVEST has temporarily removed the fees on secondary market sales with a view to permanent removal.
The peer-to-peer buy-to-let platform launched its secondary market in May and initially charged sellers 0.5 per cent on their proceeds for selling the loan.
