News
Landlord costs soar as Middle East crisis hits mortgage market
14+ hour, 11+ min ago (523+ words) Mortgage rates have risen sharply in recent weeks, pushing a growing share of buy'to'let borrowing above 5% and materially increasing costs for landlords. Analysis by the Hamptons lettings agency" shows that the average mortgage rate secured by a landlord in April…...
Mortgage market booms with more to come
3+ mon, 1+ week ago (204+ words) There are now 7, 158 mortgage product options for landlords and other buyers. This is 650 more than a year ago and the highest since October 2007." Deals at 90% and 95% LTV brackets sit at a near 18-year highs. Average shelf-life of a mortgage product…...