Mortgage crisis deepens as buy-to-let loans disappear
Landlords are being warned to brace themselves for a mortgage crisis with a hike in mortgage rates that will force many to sell up – or create financial misery for their tenants with rent rises.
Landlord backlash to 3 year tenancy plans (Property Investment)
The main body representing landlords’ interests has reacted angrily to government plans to introduce mandatory three-year tenancies, with a six-month break clause, to give tenants more security. The National Landlords Association (NLA) says that the new proposals will be too “rigid” and that it has been “misled” (Property Investment).
Shawbrook Plans Specialist Market Launch Next Year – Property Investment
Shawbrook Bank is set to launch into specialist lending space during the first quarter of next year (property investment).