When you come to develop a property for the rental market, one of the considerations you should have is making sure that it’s economical to run. Tenants will always look for ways they can save money in their rental accommodation, and having a house that’s cheaper to run will allow you to make more in …
Category Archives: Buy-to-Let
Housing Associations Practicing Unfair Posseassions Says CAB
The Citizens Advice Bureau (CAB) revealed that despite the Government’s rent arrears pre-action protocol appears to be bedding down well, some housing associations are continuing to choose to seek possession for rent arrears using the mandatory Ground 8 under the 1988 Housing Act. The rent arrears protocol was first launched in October 2006, defining the …
Bank of Scontland to Review Buy to Let and Self Cert Mortgages
Bank of Scotland plans to reprice mortgages from its buy-to-let and self cert ranges in an effort to keep pace with other lenders. Mortgages from the two ranges will be withdraw today at 5pm, and relaunched with new rates from tomorrow. The HBOS owned bank refused to comment on what the new rates would be. …
More Lenders Dropping Out Buy to Let Mortgages
The Bank of Scotland has drop five of its buy to let mortgages and ten of its self-certifying mortgages, this decision was due to the pressure created from other mortgage lenders who have completely dropped out the buy to let mortgages market. The HBOS and the Mortgage Business have also pulled out some of their …
Scottish Buy to Let Market is Excellent
One property expert claimed the the buy to let property market in Scotland has superb prospects. According to David Kendal of the National Landlords Association (NLA), rental prices are increasing meaning there is better scope for profit in the Scottish buy to let sector. It’s known that the credit crunch made it hard to get …