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Tuesday, June 30, 2020

Different kinds of loft ladders

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Improve your property photography

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Fire Safety Recommendations for Block Managers

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80,000 fewer homes due to coronavirus

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Leeds landlords gives tenants a bonus

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ARLA's PRS report for May

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174,000 tenants at risk of eviction

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Monday, June 29, 2020

Is London the best BTL investment?

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Guide to property viewings in Wales

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Rent increases hit all-time low: ARLA

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Friday, June 26, 2020

Newcastle extends licensing deadline

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Office landlords collect a fifth of rents

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Wednesday, June 24, 2020

Post-lockdown surge endures

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Annual BTL yields remain flat

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Commercial landlords expect shortfall

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Surge in housing demand starts to ease

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Zoopla monthly house price index

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Drop in rental deposit disputes

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Scottish property market opens - 29 June

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Tuesday, June 23, 2020

Planning permission deadlines to be extended

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Why the sold signs disappeared in May

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Property transactions rise 16% in May: HMRC

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Partial reopening of Welsh housing market

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One-beds offer the best yields in major cities

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Will the property market go back into lockdown?

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Friday, June 19, 2020

Northern towns bounce back better

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How to play the pandemic property market

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BoE avoids negative interest rates

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Court of Appeal sides with landlords

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Wednesday, June 17, 2020

Should I buy a house now?

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Landlords who’ve taken out mortgage payment holidays

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Average rent in England currently £700: ONS

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Paragon launches online portal for landlords

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Rents hit a high despite Covid

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Monday, June 15, 2020

Average landlord capital gain falls

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Asking prices up 1.9%

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Residential Market Outlook - KF

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Video on new lettings rules

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NRLA politics update

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House prices holding up

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Saturday, June 13, 2020

Friday, June 12, 2020

London rents plunge 8%

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Calls for end to 'eviction ban'

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Eviction ban could lead to 1 year rent arrears

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Advice for landlords during lockdown

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Covid advice for Welsh landlords from NRLA

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Thursday, June 11, 2020

Capital raising in buy-to-let

The buy-to-let remortgage market in very healthy, accounting for around 65% of enquires at Property Hawk Mortgages.
Remortgaging applications may include capital raising – borrowing funds above those currently owed to an existing lender for other uses. Where landlords have equity available, raising additional funds through a remortgage might provide a solution to their modern financial needs.
Lenders can be quite flexible about the purpose of the capital raising and typical reasons include:
  • buy-to-let or residential deposit or purchase
  • personal expenditure
  • property improvement and refurbishment projects
  • debt consolidation
  • business purposes or investments
  • application costs

Some lenders simply state that raised capital can be used for ‘any legal purpose’.
You will need to disclose what they intend to do with the capital raised as lenders will want to know where their funds are goings and that they’re being used appropriately. The client may need to provide evidence too. For an onward purchase, a decision in principle illustration may be requested.
Property Hawk Mortgages offers a diverse range of remortgage products including free valuations, paid legal fees and up to 80% lending to meet your capital raising needs.
Use our free online mortgage search tool at Property Hawk Mortgages
Property Hawk Mortgages is a specialist in the buy-to-let mortgage market. We have a wealth of knowledge and are dedicated to helping UK landlords find the best financial products and services available to them.

Please let us know how we can support you, we are here to help.
Call us now on 029 2069 5446

Wednesday, June 10, 2020

Property riskier than we think

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Monday, June 08, 2020

Eviction ban could cripple landlords

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Fair Rents (Scotland) Bill introduced

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The death of BTL: a cautionary tale

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Landlord mortgage choice expands

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Thursday, June 04, 2020

Alan Boswell Reinstates - Rent Guarantee Insurance

Landlords Dismayed

Any landlords looking at insuring against tenant rental default through the Covid-19 outbreak would have been dismayed to see how quickly the rent guarantee insurance were withdrawn by landlord insurers.

I have always been a bit reluctant to pay out for extra insurance against the rent but with one of my tenants stopping paying the rent because of unemployment I will definitely be considering it for new tenants in the future

Alan Boswell reinstates it Rent Guarantee Insurance 


I have just heard that Alan Boswell have reinstated their rental guarantee insurance product which is now available as part of the referencing procedure:

Annual policy
Max £2,500 per month
Nil excess
Max 6 month rental income covered

Cost has gone up to £175inc IPT unless it is brought with landlord insurance in which case it is £150inc IPT.


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Investment opportunity - Peckham

 
 
 
Constance Court, Peckham,
London, SE15 4QR
 
  • Freehold unbroken block comprising 6 (6 x two bed) self-contained flats
  • Estimated Rental Value: £96,930 per annum
  • Development Potential
  • Off street car parking

Offers in excess of £2,125,000


More info

Finance your investment

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Wednesday, June 03, 2020

Property: safe as houses

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Accord brings back 80% LTV BTLs

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Too soon to panic over house prices

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A blip or a sign of things to come?

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Sharp drop in house prices

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Guidance on working in other people’s homes

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Support for landlords and tenants as the buy-to-let market recovers

The opening up of the UK housing market, including the lettings market, has been welcomed as the lockdown measures are easing and visual inspections are resuming.

This should kick start the buy-to-let sector and there may be some good opportunities for landlords  to expand their portfolios, especially if some sellers are keen to move quickly. Now could be an ideal time to consider your options.


How can we help you?
  • Are you looking to expand your portfolio now that the buy-to-let market is opening up again?
    ​​​​​​​
  • Would you like to release some equity to fund a further purchase?
    ​​​​​​​
  • Could you save money by remortgaging to a lower rate?​​​​​​​

Use our free online mortgage search tool at Property Hawk Mortgages
Property Hawk Mortgages is a specialist in the buy-to-let mortgage market. We have a wealth of knowledge and are dedicated to helping UK landlords find the best financial products and services available to them.

Please let us know how we can support you, we are here to help.
Call us now on 029 2069 5446


Monday, June 01, 2020

Busiest day ever on Rightmove

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NRLA update on Covid-19

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New Electrical Safety Standards for PRS

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