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Zephyr cuts buy-to-let rates across fixed range
11+ hour, 49+ min ago (170+ words) Zephyr Homeloans has cut buy-to-let rates across its fixed mortgage range, with reductions of 15bps on all products. Specialist buy-to-let lender, Zephyr Homeloans, has announced that it has reduced buy-to-let rates by 15bps across its fixed-rate mortgage range. Following the changes, the…...
Seven in ten renters caught in deposit trap
18+ hour, 56+ min ago (572+ words) Rising housing costs are making it increasingly difficult for first-time buyers to save for a deposit, according to new research. Almost seven in ten renters are caught in a 'deposit trap', spending more than a third of their income on…...
How to secure a rented home if you used to pay rent up front
15+ hour, 41+ min ago (481+ words) Allison Thompson, Chief Lettings Officer, Leaders, part of LRG, explores how the Renters' Rights Act restrictions on rent in advance could affect tenants who fail affordability checks and examines the alternatives available to help secure a tenancy. One change that…...
Dudley BS cuts buy-to-let rates by up to 77bps
18+ hour, 11+ min ago (382+ words) Dudley Building Society has reduced buy-to-let rates alongside residential and expat products, with cuts of up to 110bps across selected mortgages. Dudley Building Society has reduced buy-to-let rates across its mortgage range, with landlords able to access cuts of up to…...
642, 000 bridging deal supports Kent buy-to-let expansion
18+ hour, 31+ min ago (503+ words) A "642, 000 bridging finance facility has enabled the acquisition and refurbishment of two buy-to-let properties in Kent, with funding secured against three assets. Stream Bank has completed a "642, 000 bridging finance facility to support the acquisition and refurbishment of two buy-to-let properties…...
Awaab's Law shift puts risk evidence ahead of repairs
3+ day, 17+ hour ago (582+ words) Inventory Base warns that the next phase of Awaab's Law extends far beyond damp and mould, requiring housing providers to prove evidence-based risk management. Housing providers, operators and agents are being warned not to view Awaab's Law solely through the…...
Cleaning tops deposit deduction claims for fifth year running
3+ day, 18+ hour ago (307+ words) New figures from The Deposit Protection Service show cleaning has been the leading cause of tenancy deposit deductions for five consecutive years. Cleaning has remained the leading cause of tenancy deposit deductions for a fifth consecutive year, according to new…...
Castle Trust Bank trims buy-to-let rates across Term Ten range
4+ day, 16+ hour ago (326+ words) Castle Trust Bank has cut buy-to-let rates across its Term Ten range, with standard pricing now starting from 5. 69% and large HMO rates from 6. 19%, alongside reductions across its bridging products. Castle Trust Bank has announced that it has cut buy-to-let rates…...
Aspen launches World Cup special on bridging rates
4+ day, 17+ hour ago (246+ words) Aspen has cut bridging finance rates on its No Valuation range by 60 basis points to mark the start of the World Cup, with deals available at 0. 74% per month until the final. Aspen has announced that it has launched a World…...
June sees biggest asking price fall in 14 years: Rightmove
4+ day, 19+ hour ago (1010+ words) Average asking prices have fallen by 0. 6% this June, the largest drop for the month in 14 years, as sellers compete for summer buyers. The average asking price for newly listed homes has fallen by 0. 6% (2, 113) this month to 376, 191, the biggest June drop…...