Take advantage of our discounted landlord insurance ratesHomeownership unaffordable despite 95% mortgages, analysis shows https://t.co/ZXZ8pjnFue
— Property Hawk (@landlordnews) April 19, 2021
Tuesday, April 20, 2021
Homeownership unaffordable
Monday, April 19, 2021
The health of housing
Take advantage of our discounted landlord insurance ratesCan house prices maintain their high annual growth rate? https://t.co/AtYsniaGT4
— Investors' Chronicle (@IChronicle) April 18, 2021
UK property market outlook - KF
Take advantage of our discounted landlord insurance ratesWhat happens in the UK property market when furlough ends?
— Tom Bill (@TomBill_KF) April 19, 2021
UK Property Market Outlook: Week Beginning 19 April https://t.co/Ir0CMOBHNU
A flood of new BTL products
Take advantage of our discounted landlord insurance ratesBuy-to-let investors looking to remortgage or expand their portfolios have been handed a boost, with lenders launching more than 200 new mortgage deals last month.
— Which? Money (@WhichMoney) April 19, 2021
➡️https://t.co/NDlkRheLzJ pic.twitter.com/xC56XJSOrd
Friday, April 16, 2021
Leaseholders seek cladding repairs
Take advantage of our discounted landlord insurance rates"I'm taking my freeholder to court for my £4,000 remediation bill."
— Telegraph Property (@TeleProperty) April 15, 2021
As Government funding falls short, desperate leaseholders are taking legal routes to tackle the cladding repairs crisis.@MelissaLawford hears from one of them https://t.co/hvoTASMRXs#EndOurCladdingScandal pic.twitter.com/A2DdUHCfkD
Zoopla's BTL investing tips
Take advantage of our discounted landlord insurance ratesThinking of investing in a buy-to-let? Here are our top tips on how to choose the right property > https://t.co/vJvq7Wpx4k pic.twitter.com/EJjv5eIHqJ
— Zoopla (@Zoopla) April 16, 2021
Thursday, April 15, 2021
Brokers optimistic about BTL business
Take advantage of our discounted landlord insurance ratesHalf of brokers are anticipating higher levels of buy-to-let mortgage business over the coming yearhttps://t.co/l0z4JMpeCd
— FTAdviser (@FTAdviser) April 14, 2021
Covid: 700k ‘no-fault’ eviction notices
Take advantage of our discounted landlord insurance ratesAbout 700,000 renters served with ‘no-fault’ eviction notices since start of pandemic https://t.co/baVkvFxLCB
— Property Hawk (@landlordnews) April 15, 2021
Wednesday, April 14, 2021
Pepper adds new BTL product
Take advantage of our discounted landlord insurance ratesPepper adds new BTL product; reduces income requirementshttps://t.co/QTtKyh97CR
— Mortgage Strategy (@MortgageStrat) April 14, 2021
House tour shows personal data
Take advantage of our discounted landlord insurance ratesEstate agent's hi-tech house tour shows personal data - including insurance policy document and an invoice https://t.co/eq72vCi0RO
— BBC Business (@BBCBusiness) April 13, 2021
Rightmove gets agents back
Take advantage of our discounted landlord insurance ratesMany but not all of the agents who left during the height of the #SayNoToRightmove campaign have now taken the 'sweetener' deals on offer to return. @rightmove https://t.co/51GnoSKKGV
— The Negotiator (@TheNeg) April 14, 2021
Coventry raises BTL rates
Take advantage of our discounted landlord insurance ratesCoventry raises BTL rates by up to 20 basis pointshttps://t.co/QcOT5Z2JMe
— Mortgage Strategy (@MortgageStrat) April 14, 2021
Central London: reduced rents
Take advantage of our discounted landlord insurance ratesHouse hunting? 🏠 https://t.co/tYVAeVCCHx
— Homes & Property (@HomesProperty) April 14, 2021
Friday, April 09, 2021
House prices: boom to boom
Take advantage of our discounted landlord insurance ratesHouse prices: from boom to even bigger boom https://t.co/tPaeBlUAdN pic.twitter.com/ae6fYE5q7l
— MoneyWeek (@MoneyWeek) April 9, 2021
TSB revises BTL affordability
Take advantage of our discounted landlord insurance ratesTSB revises BTL affordability and raises maximum age to 80 - https://t.co/K9dKNi3lyp TSB has increased the maximum age for buy-to-let applicants from 75 to 80 and made changes to how it as... pic.twitter.com/LzQlZqyPWK
— Mortgage Solutions (@mortgagesols) April 7, 2021
24 hour inspection notices
Take advantage of our discounted landlord insurance ratesCan landlords rely on '24 hour' inspection notices if they don’t actually give any date or time? - The Landlord Law Blog : https://t.co/vlSestT8JN #landlordlaw pic.twitter.com/SnleoJ4lFO
— Tessa Shepperson (@TessaShepperson) April 7, 2021
BTL investors seek larger loans
Take advantage of our discounted landlord insurance ratesBTL investors seek larger loans as they look to diversify - client @SPFPrivClients comments https://t.co/yfoug5Wfgi
— Melanie Bien (@melaniebien) April 7, 2021
Evictions mediation service plan
Take advantage of our discounted landlord insurance ratesDetails of new evictions mediation service revealed https://t.co/dzTm8o1GIZ #ukhousing pic.twitter.com/6o6YpPCt5L
— Inside Housing (@insidehousing) April 8, 2021
Sharp pick-up in UK construction
Take advantage of our discounted landlord insurance ratesSharp pick-up in UK construction amid rapid economic recovery https://t.co/FY7dOCQYk5
— Guardian Money (@guardianmoney) April 8, 2021
Thursday, April 01, 2021
House price dip in March
Take advantage of our discounted landlord insurance ratesData from Nationwide shows that house prices fell 0.2% month-on-month in March when accounting for seasonal factors, compared to a 0.7% rise in February. https://t.co/WYtvnrN1E1
— Property Matters (@PropMatters_) April 1, 2021
How do we fix UK housing?
Take advantage of our discounted landlord insurance ratesHow do we fix the UK housing crisis? https://t.co/5jwf0Pvd8u
— Guardian Money (@guardianmoney) April 1, 2021
Tuesday, March 30, 2021
11% sold over asking price
Take advantage of our discounted landlord insurance ratesNAEA: 11% of properties sold over asking price https://t.co/oFnXaaOHqA
— Mortgage Introducer (@MortgageChat) March 29, 2021
Green Homes Grant scheme axed
Take advantage of our discounted landlord insurance ratesGreen Homes Grant scheme to insulate houses axed https://t.co/bQ5gKAQL8U
— roger harrabin (@RHarrabin) March 28, 2021
Lending reaches five-year high
Take advantage of our discounted landlord insurance ratesLending reaches five-year high in February: BoE https://t.co/qacQLNmZbj
— Mortgage Strategy (@MortgageStrat) March 29, 2021
Friday, March 26, 2021
Govt failing to address rent debt
Take advantage of our discounted landlord insurance ratesNRLA: Govt failing to address rent debt crisis https://t.co/3CbZR9pzGD
— Mortgage Introducer (@MortgageChat) March 26, 2021
Tuesday, March 23, 2021
Renters Reform Bill proposals
Take advantage of our discounted landlord insurance ratesIn the latest article as part of our series taking a closer look at our Renters' Reform Bill proposals, campaigns officer Alexandra Williams writes about conciliation and court reform https://t.co/jiolMBhAkt #RentersReformBill
— NRLA - National Residential Landlords Association (@NRLAssociation) March 22, 2021
Why are house prices so high?
Take advantage of our discounted landlord insurance ratesWhy are house prices so high? And what could make them more affordable? https://t.co/C6C25hraO3 pic.twitter.com/c1C0xUO7o8
— MoneyWeek (@MoneyWeek) March 23, 2021
Landlords and Build to Rent
Take advantage of our discounted landlord insurance ratesThe latest Landlord & Lawyer Podcast featuring @TessaShepperson @BeadleBen and me.
— Richard Berridge ♻️ (@ResiRichard) March 22, 2021
Talking all things #BuildtoRent #BTR #Residential #Investment https://t.co/F8dHks6ONz
Buyer demand - 80% higher
Take advantage of our discounted landlord insurance ratesBuyer demand is now 80% higher vs the four-year average, spurred by Government measures, according to @Zoopla.
— Telegraph Property (@TeleProperty) March 23, 2021
The market is also moving faster, with the average house selling 20 days quicker than flats last month 👇
🔓 Read more (free today) here: https://t.co/crlK4OKJBP pic.twitter.com/WmPOCJ4Eql
5 post pandemic city trends
Take advantage of our discounted landlord insurance ratesWhat will the ‘new normal’ mean for our cities, and how can the post-pandemic city bounce back better than before?
— Savills (@Savills) March 23, 2021
One year on... here five emerging trends that will shape post-pandemic cities: https://t.co/bjbVf5kqKK pic.twitter.com/CEpfheEsMi
New limited company BTL products
Take advantage of our discounted landlord insurance ratesFoundation Home Loans add two limited company BTL products https://t.co/XMTwahl5YA
— Mortgage Introducer (@MortgageChat) March 23, 2021
Thursday, March 18, 2021
Scottish house prices up 9%
Take advantage of our discounted landlord insurance ratesScottish house prices up 9% in January https://t.co/wmbBmuvRj5
— Mortgage Strategy (@MortgageStrat) March 18, 2021
Unlimited fines for fire safety
Take advantage of our discounted landlord insurance ratesHome Office says #landlords or responsible persons will fall under the remit of the new #FireSafety Order, which follows the #Grenfell tragedy. #HMOhttps://t.co/y1rRZRJrkD
— The Negotiator (@TheNeg) March 18, 2021
Tuesday, March 16, 2021
What next for house prices?
Take advantage of our discounted landlord insurance ratesWhat is next for mainstream #residential house prices? Despite the economy contracting by -10%, house prices rose by 7.3% over the year, as the stamp duty holiday added a sense of urgency to a market that was driven more by behavioural change.
— Savills (@Savills) March 15, 2021
Read more: https://t.co/24amzv6GdE pic.twitter.com/z9YrT6mLAy
Fixed BTLs go below 3%
Take advantage of our discounted landlord insurance ratesLenders slug it out on BTL fixes as rates go below three per cent - https://t.co/Ic6vu3FIcB Lenders Paragon and Landbay have slashed rates on their fixed buy-to-let mortgages as com... pic.twitter.com/85jhcH2xqc
— Mortgage Solutions (@mortgagesols) March 15, 2021
Monday, March 15, 2021
Welsh Renting Homes (Amendment) Bill
Take advantage of our discounted landlord insurance ratesThe Renting Homes (Amendment) Bill recently passed stage four, and will now go to Royal Assent. In this blog @NRLAWales policy officer Calum Davies explains what landlords need to know https://t.co/5VgSH31PzH
— NRLA - National Residential Landlords Association (@NRLAssociation) March 13, 2021
Rent hit record high: Hamptons
Take advantage of our discounted landlord insurance ratesPandemic stock squeeze pushes rent to record high: Hamptonshttps://t.co/HF0DMOCZuU
— Mortgage Strategy (@MortgageStrat) March 15, 2021
Benefits freeze and rent arrears
Take advantage of our discounted landlord insurance ratesBenefits freeze will leave tenants across Britain facing rent arrears of £1,000 https://t.co/pAY9tozlRH
— Guardian Money (@guardianmoney) March 13, 2021
Paragon cuts rates on BTL range
Take advantage of our discounted landlord insurance ratesParagon cuts rates on BTL range https://t.co/cBoaxesY54
— Mortgage Introducer (@MortgageChat) March 15, 2021
Strongest sellers’ market
Take advantage of our discounted landlord insurance ratesStrongest sellers’ market for a decade: Rightmove https://t.co/l6xJ6yWclK
— Mortgage Strategy (@MortgageStrat) March 15, 2021
UK Property Market Outlook: KF
Take advantage of our discounted landlord insurance ratesThere are still unanswered questions for the UK property market but few doubts that Q2 will be busy
— Tom Bill (@TomBill_KF) March 15, 2021
UK Property Market Outlook: Week Beginning 15 March https://t.co/TYQyK0u7qI
Rise in asking price : Rightmove
@Rightmove reveals that number of buyer enquiries are at record levels and that sales agreed are 12% up on March last, before the first lockdown. #PropertyMarkethttps://t.co/EVOJNvSyfa
— The Negotiator (@TheNeg) March 15, 2021
Take advantage of our discounted landlord insurance ratesAsking prices rise in March as market looks set for busy spring – Rightmove - https://t.co/F2LZ39AYH7 The average asking price for a property coming to market rose 0.8 per... pic.twitter.com/xas6CmmB5q
— Mortgage Solutions (@mortgagesols) March 15, 2021
Wednesday, March 10, 2021
House prices tipped to rise
Take advantage of our discounted landlord insurance ratesHouse prices tipped to rise by twice as much in Yorkshire as in London https://t.co/u6tekkzOJw
— Property Hawk (@landlordnews) March 9, 2021
Savills housing market update
Take advantage of our discounted landlord insurance ratesAs the Budget announcement showed, the #Government is committed to supporting the #housing market. Read more in our latest housing market update here: https://t.co/fhdpPZDoYF pic.twitter.com/YpGDzmcS6Y
— Savills (@Savills) March 9, 2021
Monday, March 08, 2021
House prices dip for second month
Take advantage of our discounted landlord insurance ratesHouse prices dip for second month in a row https://t.co/YyzvrtP1nU
— Homes & Property (@HomesProperty) March 7, 2021
Census day is approaching
Take advantage of our discounted landlord insurance ratesCensus day is fast approaching. Learn more: https://t.co/DUhoOcrtg8
— NRLA - National Residential Landlords Association (@NRLAssociation) March 7, 2021
Friday, March 05, 2021
31% surge in lending: UK Finance
Take advantage of our discounted landlord insurance ratesStamp duty rush sees 31% surge in lending: UK Finance https://t.co/Pop8OZq9WF
— Mortgage Strategy (@MortgageStrat) March 4, 2021
Thursday, March 04, 2021
Not helpful for ‘generation rent’
Take advantage of our discounted landlord insurance ratesIf the government really wanted to help ‘generation rent’, it would not be acting to inflate house prices https://t.co/qdBw5jwVDo #ukhousing pic.twitter.com/xwq1gqBJUX
— Inside Housing (@insidehousing) March 4, 2021
A post Budget house price surge
Take advantage of our discounted landlord insurance ratesFor a while, it looked like house prices might cool off a little this year. But after the Budget, that seems unlikely. Here’s why. https://t.co/vmtexrMTwj pic.twitter.com/z55TucDaO5
— MoneyWeek (@MoneyWeek) March 4, 2021
Budget housing boom looms
Take advantage of our discounted landlord insurance ratesBudget housing boom looms as millions of buyers hit agents’ websites - clients @jeremyleaf @SPFPrivClients comment in the Evening Standard https://t.co/1JKOY0oNpP
— Melanie Bien (@melaniebien) March 4, 2021
Landlord ordered to pay back £740k
Take advantage of our discounted landlord insurance rates‘Rogue’ landlord ordered to pay back £740k in earnings from ‘overcrowded’ properties in #Brent: https://t.co/zC838gtxGD pic.twitter.com/RqT2DcjqOi
— Planning Magazine (@PlanningMag) March 3, 2021
Wednesday, March 03, 2021
Govt backed 95% mortgages
Take advantage of our discounted landlord insurance ratesRishi Sunak says some of the largest lenders will be offering government backed 95 per cent mortgages from next monthhttps://t.co/z934mFdjX5
— FTAdviser (@FTAdviser) March 3, 2021
The Budget and housing
Take advantage of our discounted landlord insurance ratesStamp duty holiday extended and 5% mortgage guarantee scheme introduced https://t.co/e2e9OLexgb #ukhousing pic.twitter.com/GojNroTUi1
— Inside Housing (@insidehousing) March 3, 2021
Stamp Duty holiday extended
Take advantage of our discounted landlord insurance ratesThe £125k nil rate band will not return until the end of Septemberhttps://t.co/2OxkYtlqOn
— FTAdviser (@FTAdviser) March 3, 2021
Business rates holiday for retail
Take advantage of our discounted landlord insurance ratesBusiness rates holiday for retail, leisure and hospitality in England extended to June
— BBC Business (@BBCBusiness) March 3, 2021
#Budget2021 https://t.co/Jk52rOzrkK
ARLA's Budget update
Take advantage of our discounted landlord insurance rates#Budget2021 includes measures to extend furlough to September, #Universalcredit uplift £20 for a further 6 months, maintain tax at 19% on businesses with profits under £50k, #apprenticeships funding £3k for each new hire, Stamp Duty ext to end of June. pic.twitter.com/e0XWt6df19
— ARLA Propertymark (@arla_uk) March 3, 2021
Tuesday, March 02, 2021
Landlords face a double whammy
Take advantage of our discounted landlord insurance ratesLandlords face a double whammy as the Chancellor is also looking to increase corporation tax from 19% to as much as 25% https://t.co/bGMDbT4oWx
— Telegraph Property (@TeleProperty) March 1, 2021
Rental voids fall by three days
Take advantage of our discounted landlord insurance ratesRental voids fall by three days in February: Goodlordhttps://t.co/nTHtqLDM3q
— Mortgage Strategy (@MortgageStrat) March 2, 2021
UK house prices rise: Nationwide
Take advantage of our discounted landlord insurance ratesUK house prices see 'surprise' pick-up, says Nationwide https://t.co/ebnByZwkqR
— BBC Business (@BBCBusiness) March 2, 2021
Monday, March 01, 2021
£5bn fund for High Street recovery
Take advantage of our discounted landlord insurance ratesBudget 2021: £5bn fund for High Street to recover from Covid https://t.co/hObIltxyhE
— BBC Business (@BBCBusiness) February 28, 2021
Cladding crisis price discounts
Take advantage of our discounted landlord insurance ratesRocketing fire safety costs are forcing leaseholders to accept up to £200,000 price discounts from cash buyers as the cladding crisis threatens the wider housing market, writes @MelissaLawford https://t.co/aQvq2gYrYf#EndOurCladdingScandal
— Telegraph Property (@TeleProperty) February 28, 2021
Mortgage guarantee scheme
Take advantage of our discounted landlord insurance ratesMortgage guarantee scheme aims to boost high LTV loans https://t.co/tYXjnFlEKO
— FTAdviser (@FTAdviser) March 1, 2021
Friday, February 26, 2021
Rightmove has record day
Take advantage of our discounted landlord insurance ratesRightmove has record day as more homeowners plan to sell post-lockdown https://t.co/zvrArISoVd
— Mortgage Introducer (@MortgageChat) February 26, 2021
Planned CGT hike for landlords
Take advantage of our discounted landlord insurance ratesPlanned changes to corporation and capital gains tax could cost buy-to-let landlords almost £7,000 each, reports @MariannaHunt5 https://t.co/PNm9tMaXju
— Telegraph Property (@TeleProperty) February 26, 2021
Thursday, February 25, 2021
Commons defeat for cladding bill
Take advantage of our discounted landlord insurance ratesCommons defeat leaves flat owners facing huge bills to fix cladding https://t.co/4L1XMeqKO2
— Property Hawk (@landlordnews) February 25, 2021
Renters face supply crisis: NRLA
Take advantage of our discounted landlord insurance ratesIs the stamp duty holiday set to be extended? We have called for the Chancellor to scrap the three per cent stamp duty levy on the purchase of homes to rent. Read more: https://t.co/CjSYv7c8qI #Budget
— NRLA - National Residential Landlords Association (@NRLAssociation) February 24, 2021
Wednesday, February 24, 2021
Stamp duty holiday extension?
Take advantage of our discounted landlord insurance ratesA stamp duty holiday extension would come after months of pressure from the industry and a 150,000-strong online petition https://t.co/m92n61vzFw
— Homes & Property (@HomesProperty) February 24, 2021
Welsh: Renting Homes (Amendment) Bill
Take advantage of our discounted landlord insurance ratesThe Renting Homes (Amendment) Bill passed stage four yesterday, and will now go to Royal Assent. NRLA Wales policy officer Calum Davies explains what landlords need to know, in this blog https://t.co/5VgSH31PzH
— NRLA - National Residential Landlords Association (@NRLAssociation) February 24, 2021
Tuesday, February 23, 2021
Paragon predicts BTL surge
Take advantage of our discounted landlord insurance ratesParagon predicts BTL surge and adds pair of remortgage deals - https://t.co/hfhkAwnFn7 Paragon has introduced two remortgage only products into its buy-to-let range as the ... pic.twitter.com/wIDU90okTD
— Mortgage Solutions (@mortgagesols) February 23, 2021
Monday, February 22, 2021
More renters will lose their homes
Take advantage of our discounted landlord insurance rates‘More renters will lose their homes in the coming months’ without Government action, warn housing charities https://t.co/MbvGuZx3Ek
— Homes & Property (@HomesProperty) February 21, 2021
Friday, February 19, 2021
The PRS energy efficiency clock
Take advantage of our discounted landlord insurance ratesComment: The PRS energy efficiency clock is ticking - from @Paragon_Mtgs Richard Rowntree https://t.co/vRNMovFf3y
— Mortgage Strategy (@MortgageStrat) February 17, 2021
Reasons for landlords to be optimistic
Take advantage of our discounted landlord insurance ratesComment: Reasons for landlords to be optimistic in 2021https://t.co/rlRBczwTWw
— Mortgage Strategy (@MortgageStrat) February 18, 2021
Thursday, February 18, 2021
Students wasted £1bn on rents
Take advantage of our discounted landlord insurance rates'I'm paying £3,400 for student housing I can't use' https://t.co/AKwwlGcX4h
— BBC Business (@BBCBusiness) February 18, 2021
House prices rose by 8.5% last year
Take advantage of our discounted landlord insurance ratesUK house prices rose by 8.5% last year amid stamp duty holiday https://t.co/AzjomGA6lI
— Guardian Money (@guardianmoney) February 17, 2021
Prime city rental data: Savills
Take advantage of our discounted landlord insurance ratesHow has prime #rental growth performed across the 30 cities in our index and where are the most expensive locations to rent? Savills research takes a look: https://t.co/UtYjTeRuSL pic.twitter.com/UGzpugGd12
— Savills (@Savills) February 18, 2021
Wednesday, February 17, 2021
Annual house price growth 8.5%: ONS
Take advantage of our discounted landlord insurance ratesUK average house prices increased by 8.5% in the year to December 2020, up from 7.1% in November 2020 https://t.co/2aZjGSRP6L pic.twitter.com/rJ3isKBFVL
— Office for National Statistics (ONS) (@ONS) February 17, 2021
PRS rents up 1.3% : ONS data
Take advantage of our discounted landlord insurance ratesPrivate rental prices paid by tenants in the UK rose by 1.3% in the 12 months to January 2021.
— Office for National Statistics (ONS) (@ONS) February 17, 2021
This is down from 1.4% in December 2020 https://t.co/wOOgthALJJ pic.twitter.com/6AhE8dYOFb
First 3D printed home goes own sale
Take advantage of our discounted landlord insurance ratesFirst 3d Printed #home goes for sale in #NewYork https://t.co/6W2Qvnolhz
— Estate Agent Networking (@EAUKNetworking) February 15, 2021
Tuesday, February 16, 2021
New hydrogen heated homes
Take advantage of our discounted landlord insurance ratesFirst UK homes with hydrogen boilers and hobs to be built by April https://t.co/x7tCrt78h4
— Guardian Money (@guardianmoney) February 16, 2021
Return of bumper sized mortgages
Take advantage of our discounted landlord insurance ratesA couple with a combined income of £60,000 can now borrow up to £330,000, instead of £240,000 https://t.co/KPvXyeu6Dn
— Telegraph Money (@MoneyTelegraph) February 16, 2021
Buy-to-let is ageless
The size of the buy-to-let mortgage sector has been pretty stable over the last couple of years at around £36 billion. However, IMLA is forecasting an optimistic £283 billion for the total amount of mortgage lending in 2021 and some industry pundits are predicting growth in the buy-to-let sector, perhaps beyond £40 billion.
There are certainly reasons to support the continued viability of buy-to-let property as an attractive investment strategy, particularly in the current economic environment. With interest rates at near zero and the unpredictability of the stock market, the yields associated with tangible bricks and mortar are a serious contender.
The buy-to-let mortgage sector may also see new interest among larger mainstream lenders looking to widen their propositions with products that provide a good margin, so specialist lenders may experience some additional competition for market share.
All of this bodes well for landlords as lenders are demonstrating an appetite for business, providing an increasing number of products to choose from and widening criteria options to suit most buy-to-let mortgage requirements.
Buy-to-let finance has never been a one size fits all product. Some lenders focus primarily on ‘vanilla’ cases, whilst others such as Paragon Mortgages, Zephyr Homeloans or Foundation Home Loans have a more specialist proposition. What it does mean is that landlords from an ever-widening demographic make up the population of property investors in the UK.
Certainly, age is no barrier to residential property investment. For older landlords, those approaching retirement age or beyond, there is a wide range of lenders and products to choose from catering for most finance needs. There are providers with a maximum age at application of 75, 80, 90 and some with no maximum age requirement at all.
Buy-to-let property may also become more popular among the younger demographic and most buy-to-let lenders have a minimum age of 18 or 21, providing other lending criteria is met. Career expectations for young adults have changed considerably in recent years and the pandemic has inspired many to set up their own business ventures during lockdown.
A recent poll for ISP GoDaddy showed that 1 in 10 people in the 16-24 age bracket had set up their own businesses during the last year, and 1 in 5 have developed concrete plans to start up a new venture. With such entrepreneurial spirit being demonstrated by the younger generation, could buy-to-let property be an attractive option for those aspiring to have a self-employed lifestyle?
Being able to work from anywhere, travel and set your own work schedule is a potential perk of being a landlord, although it does take time and commitment to build up a property portfolio that provides a suitable income to become a professional landlord.
For people looking for an alternative to pensions, buy-to-let property is a worthy consideration for medium to long term investment at any age. Buy-to-let property is also a leveraged investment, with lenders typically offering 75 per cent loan-to-value on their product ranges, which is another good reason for its popularity.
During the last 12 months, with household spending being curtailed by the pandemic, there has been the opportunity for some to save up significant sums of money, which could provide the deposit for a first buy-to-let property or portfolio expansion for those already in the market.
There is certainly plenty of opportunity in the buy-to-let sector for landlords, so there is reason to be optimistic about your prospects this year.
450,000 more renters in arrears
450,000 families ‘behind on rent because of Covid’ https://t.co/JSuIZ5khpx
— BBC Business (@BBCBusiness) February 16, 2021
Take advantage of our discounted landlord insurance ratesThe number of households in rental arrears in Jan jumped by 450,000 vs pre-pandemic levels – a 150% increase, according to @resfoundation.
— Telegraph Property (@TeleProperty) February 16, 2021
The jobs crisis has disproportionately hit renters and younger workers, it found 👇@MelissaLawford has more here: https://t.co/kEKQmMnPMc pic.twitter.com/BLGIr3RqyE
Fewer landlords buying
Take advantage of our discounted landlord insurance ratesFewer landlords use cash to snap-up properties ahead of stamp duty deadline – Hamptons - https://t.co/peGyC0gfFn Fewer landlords are purchasing buy-to-let inves... pic.twitter.com/HJxEX2LasL
— Mortgage Solutions (@mortgagesols) February 15, 2021
Online property auction tips
Take advantage of our discounted landlord insurance ratesAs you effectively exchange contracts when the gavel comes down, & complete within 28 days, auction can be a good option if you are looking to buy a property quickly and without a chain...https://t.co/oj5YSnycI9
— Essential Information Group (@AuctionProperty) February 16, 2021
Landlord fined £336,000
Take advantage of our discounted landlord insurance ratesLandlord ordered to pay £336,000 or face 18 months in jail after failing to comply with enforcement orders dating back to 2013: https://t.co/YYwFOo7AR8 pic.twitter.com/dXpRzpSZS1
— Planning Magazine (@PlanningMag) February 16, 2021
Monday, February 15, 2021
Can the Govt fix the cladding crisis?
Take advantage of our discounted landlord insurance ratesCan the government's proposals fix the residential cladding crisis? https://t.co/cUTKC7smre pic.twitter.com/hHMkoRQTHO
— MoneyWeek (@MoneyWeek) February 13, 2021
Saturday, February 13, 2021
House price boom slows
Take advantage of our discounted landlord insurance ratesThe UK house price boom of 2020 show signs of slowing in 2021 https://t.co/rMv0B6u6z9 pic.twitter.com/hZoscdkgsi
— MoneyWeek (@MoneyWeek) February 12, 2021
Friday, February 12, 2021
Hodge relaunches portfolio BTL range
Take advantage of our discounted landlord insurance ratesHodge relaunches portfolio BTL range and adds specialised investment product - https://t.co/dftakc9Zxz Hodge has relaunched its standard portfolio buy-to-le... pic.twitter.com/K9qLyHV0Mp
— Mortgage Solutions (@mortgagesols) February 11, 2021
Repossessions tumble by 37% in pandemic
Take advantage of our discounted landlord insurance ratesLandlord repossessions tumble by 37% in pandemic: Ministry of Justicehttps://t.co/HXcntqeJ2A
— Mortgage Strategy (@MortgageStrat) February 11, 2021
Property market running hot and cold
Take advantage of our discounted landlord insurance ratesBritain's property market is starting to polarise between cold and hot, with demand higher than ever in some places and homes snapped up within days 👇
— Telegraph Property (@TeleProperty) February 11, 2021
Read @MariannaHunt5's analysis of the top five counties in England for sellers https://t.co/jtjv7swCSO pic.twitter.com/mSK3mzlgsk
No surge in evictions: Govt data
Take advantage of our discounted landlord insurance ratesWarnings of a surge of evictions following the partial lifting of the repossessions ban last September have proved to be unfounded according to new gov't data https://t.co/ZYD8ldTutY A financial support package must be developed to support those facing rent arrears due to Covid19
— NRLA - National Residential Landlords Association (@NRLAssociation) February 11, 2021
Thursday, February 11, 2021
What are the options for a joint tenant wanting to move out?
Take advantage of our discounted landlord insurance ratesWhat are the options for a joint tenant wanting to move out? - https://t.co/7agjnqNQJ9 #landlordlaw pic.twitter.com/pm5aetb25c
— Tessa Shepperson (@TessaShepperson) February 10, 2021
Glasgow landlord loses deposit tribunal
Take advantage of our discounted landlord insurance ratesGlasgow students win deposit tribunal case against Glasgow landlord https://t.co/vO62av3o72
— Property Hawk (@landlordnews) February 11, 2021
The forgotten victims of cladding
Take advantage of our discounted landlord insurance ratesThe forgotten victims: the leaseholders the government’s cladding proposals do not help https://t.co/Wc6OVnSrHq #ukhousing pic.twitter.com/lB63jgG3gv
— Inside Housing (@insidehousing) February 11, 2021
£3.5bn more for cladding fund
Take advantage of our discounted landlord insurance ratesHousing secretary Robert Jenrick has announced £3.5bn more funding to remove dangerous cladding from high-rise buildings in England, but it will still leave leaseholders paying thousands for other related costs.https://t.co/50wEGKReA5
— Which? Money (@WhichMoney) February 10, 2021
Govt to pay for cladding on 18m+ blocks
Take advantage of our discounted landlord insurance ratesHousing minister #RobertJenrick says remediation will be paid but only for properties that are over 18m or six storeys tall. #cladding #claddingcrisis https://t.co/qKb2wJxJmK
— The Negotiator (@TheNeg) February 10, 2021
Flashing red for the property market
Take advantage of our discounted landlord insurance ratesSigns are flashing red for the property market.
— Telegraph Property (@TeleProperty) February 11, 2021
Agreed sales, buyer inquiries, new instructions and three-month transaction expectations all plunged in Jan, according to @RICSnews 👇@MelissaLawford takes a closer look at the numbers here: https://t.co/JXpk4t7cd2 pic.twitter.com/vrdfGyzugQ
Weak start to 2021market -RICS
Take advantage of our discounted landlord insurance ratesHousing market starts 2021 on weaker ground – RICS - https://t.co/9ZZh3ExfUl The housing market started 2021 on a weaker footing, with falling numbers of new sales, buyers and listings, surveyors ... pic.twitter.com/PbDNhH94jT
— Mortgage Solutions (@mortgagesols) February 11, 2021
Tuesday, February 09, 2021
Zoopla: Rental demand up 21%
Take advantage of our discounted landlord insurance ratesZoopla: Rental demand up 21% https://t.co/equVtb7KqI
— Mortgage Introducer (@MortgageChat) February 9, 2021
Decade-low central London rents
Take advantage of our discounted landlord insurance ratesDecade-Low Rents Lure Tenants to Central London https://t.co/6k8faqrHXH via @MansionGlobal
— Tom Bill (@TomBill_KF) February 9, 2021
Major city rents have fallen
Take advantage of our discounted landlord insurance ratesRents have fallen in major cities across the UK.
— Telegraph Property (@TeleProperty) February 9, 2021
London suffered most of all with a fall of 8.3% – the largest since the great financial crisis of 2007 and 2008, according to @Zoopla 👇@MariannaHunt5 has the full story here: https://t.co/Z5XfCsrEqX pic.twitter.com/TumbUmoCd2
Will the squeeze on BTL continue?
Take advantage of our discounted landlord insurance ratesWill the squeeze on buy-to-let returns continue? https://t.co/tENg9CNrmc
— Investors' Chronicle (@IChronicle) February 9, 2021
Almost a quarter of Londoners rent
Take advantage of our discounted landlord insurance ratesAlmost a quarter of London population rent https://t.co/QAShUHUrvP
— Mortgage Introducer (@MortgageChat) February 9, 2021
Monday, February 08, 2021
Ikea’s recycling scheme
Take advantage of our discounted landlord insurance ratesWill Ikea’s recycling scheme really make it greener? https://t.co/8n8lNWbV66
— Guardian Money (@guardianmoney) February 6, 2021
Friday, February 05, 2021
Tenant demand hits 5 yr high
Take advantage of our discounted landlord insurance ratesTenant demand for properties hits five-year high: Paragonhttps://t.co/7ShZg4GwlD
— Mortgage Strategy (@MortgageStrat) February 3, 2021
Thursday, February 04, 2021
Landlord told staff to kill themselves
Take advantage of our discounted landlord insurance ratesFergus Wilson 'told staff to kill themselves during decade of harassment' https://t.co/y9Fy7MD55D
— Property Hawk (@landlordnews) February 3, 2021
Further losses for commercial landlords
Take advantage of our discounted landlord insurance ratesCommercial landlords brace for further income losses as strain intensifies https://t.co/VpbDwbElOR
— Investors' Chronicle (@IChronicle) February 2, 2021
Tuesday, February 02, 2021
UK house prices fall
Take advantage of our discounted landlord insurance ratesUK house prices fall as end of stamp duty holiday nears https://t.co/rRTcBBiT8x
— Guardian Money (@guardianmoney) February 2, 2021
Stamp duty cliff edge for buy-to-let
After a successful e-petition, MPs debated extending the stamp duty holiday on 1st February, so we eagerly await the outcome.
The stamp duty holiday announced in July 2020 for properties up to £500,000 in England provided a welcome boost to the housing market allowing it to make a recovery from the effects of the coronavirus pandemic. The cost saving incentive has certainly had an impact and resulted in increased activity in the purchase market, including buy-to-let properties.
However, the surge in mortgage applications is not without its problems, with some lenders being overwhelmed with new business and delays occurring with conveyancing work as solicitors try to deal with the increased demand on their services.
The deadline of 31st March 2021 when the stamp duty holiday is due to end means that time is running out for anyone looking to take advantage of it. Recent research by Legal and General Mortgage Club found that the average time for a property purchase, from finding a property to completion is taking at least 14 weeks as processing times have doubled due to the high demand.
There has been concern throughout the industry that having a hard deadline for property purchases to complete may cause some transactions to fail at the last hurdle, especially as the current Help to Buy scheme is also due to end on 31st March.
For example, prospective first-time buyers may not have enough savings to cover the 3 per cent stamp duty charge if it was suddenly payable when they are due to exchange contracts on their new home. This could then cause a breakdown in the property chain, causing unintended but drastic knock-on effects in the housing market.
There have been calls by the home moving industry for the stamp duty holiday to be extended by another 6 months and to have a tapered ending to avoid creating a cliff edge scenario for buyers. This would then release the pressure on all parties involved in property purchase transactions and encourage the housing market to continue its recovery beyond the 31stMarch deadline.
After a successful e-petition, MPs debated extending the stamp duty holiday on 1st February, so we eagerly await the outcome.
Whatever happens with the stamp duty deadline, it is important for mortgage lenders and brokers to be supportive of each other during this period of increased demand for finance. It may seem sensible to submit cases to lenders as quickly as possible, but it is just as important to make sure that they are fully packaged, with all the required documentation, in order to ensure the application can be processed without unnecessary delays. Equally it is vital that lenders are transparent about their current turnaround times so that brokers and their clients have realistic expectations for offer and completion dates.
After all, we’re all in this together.
Monday, February 01, 2021
Investing in warehouses
Take advantage of our discounted landlord insurance ratesMy view in the @DailyMailUK @thisismoney here: https://t.co/HCaN7qDA4c on the explosion of interest in warehousing/logistics from property investors in light of COVID and the concurrent rise of online shopping across all retail categories.
— Jonathan De Mello (@DeMelloRetail) January 30, 2021