Recent data from mortgage criteria software provider Knowledge Bank, clearly demonstrates the high interest in the buy-to-let market from first-time landlord clients lately. In February, the most searched criteria by buy-to-let brokers was ‘first-time landlords.’
A trend set to continue?
Matthew Corker, Knowledge Bank Operations Director, commented on the findings, “The rental market in the UK is receiving a lot of interest at the moment. Perhaps as a result of the volatility in the stock market due to the pandemic, investors are turning to what they see as a safe investment. With house prices increasing in the past year and interest in rental properties also on the increase, this trend could be set to continue.”
Your property may be repossessed if you do not keep up repayments on your mortgage.
Catch up on our other blog posts:
Millions Hiding Ill Health From Loved Ones
Seven million people are keeping quiet about mental health issues, while nearly four million are hiding a physical health problem from their families, according to a study1. Keeping loved ones in the dark about health issues can create problems both now and in the...
Stamp Duty – Just a Reminder!
The temporary raising of the nil-rate Stamp Duty band threshold to £500,000 ended on 30 June. The measure was introduced in July 2020 to maintain confidence in the housing market during the pandemic. Don’t despair if you missed the deadline, as there's now a tapered...
A Record Summer for house prices?
House prices continue to rocket, with the Nationwide House Price Index1 revealing annual house price growth of 13.4% in June, the highest level since November 2004. The extended Stamp Duty holiday, in addition to the new mortgage guarantee scheme and changing...
(Your home may be repossessed if you do not keep up repayments on your mortgage)
We charge a fee for arranging and advising you on the mortgage. The fee will be dependent on your circumstances but will not exceed £499. (Our typical fee is £299.)
For Lifetime Mortgages/Equity Release the fee will be £799.
Our mission is to provide honest mortgage advice, whilst helping you save money.
Get in contact
Flexible appointments
Or call —02380224925