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Featured Articles: GEMS of the Week
Category: Buy to Let
The news items published under this category are as follows.Thursday, February 28, 2008
Buy to Let Landlords Start to Feel the Mortgage Rate Pinch / Housing-Market / Buy to Let
By: MoneyFacts
Results from the Council of Mortgage Lenders this week have shown an increase in the number of loans taken by buy-to-let landlords in 2007. With first time buyers finding it increasingly difficult to get onto the property ladder, it might be expected that private landlords are having it easy. Alan Harper, Senior Analyst at Moneyfacts.co.uk looks at the availability of buy-to let mortgages:Read full article... Read full article...
Wednesday, April 18, 2007
Will Buy to Let landlords say 'no' to housing benefit tenants? / Personal_Finance / Buy to Let
By: Submissions
Amy Watson writes: Private sector landlords are being advised to refuse tenancies to housing benefit claimants.The Residential Landlords Association – which represents members owning over 100,000 private rented properties throughout the UK – is advising them to remove their homes from that market.
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Sunday, April 01, 2007
Landlords warned to pay tax as UK property lettings boom / Housing-Market / Buy to Let
By: Submissions
A new trade and national advertising campaign launched in February advising landlords who let a room in their home or run a business, of the need to declare their earnings and pay tax on any profit.Read full article... Read full article...
Wednesday, March 21, 2007
UK Housing Market - Could CCA 2006 cause the downfall of Buy to Let ? / Housing-Market / Buy to Let
By: MoneyFacts
Lee Tillcock, Editor of Business Moneyfacts comments: “The last year has seen a raft of legislation impacting on the buy-to-let sector, with more new rules and regulations still to be implemented. So far the new regulation has covered areas to protect both the landlord’s and tenant’s rights. However lenders and borrowers should also be aware that The Consumer Credit Act 2006 (CCA 2006) presents potentially far more serious issues when its provisions begin to take full effect next April.“As a general rule, buy-to-let (BTL) lending is unregulated. However, it risks becoming CCA regulated once the £25,000 financial limit is removed in April
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