“Also, to capture juicy yields from short-term buy-to-let, buyers must fork out for the most top-notch property in some of the city's most exclusive areas.”
“Photography: Metin Tilki Rents in Cannes soar during the Monaco Grand Prix Ms. Dove, who has built up an £80 million fortune and a property empire that includes the former homes of Robert Louis Stevenson and Charles Dickens, says the idea of short-term buy-to-let in what real estate agents call "prime London" is already popular with Middle Eastern property buyers, partly because the dinar has been strong against the pound.”
“All of this means that the idea of buy-to-let is slowly coming back into favour.”
“Just mentioning this to an agent used to result in, "Now, let's not be hasty …"theindyisbetter:We need young people to be able to afford to buy their own homes, not feather the nests of buy-to-let investors and property speculators.”
“The latest monthly buy-to-let index from the lettings agent showed the average rent in England and Wales rose by 0.2% in October, to £720 a month, the lowest increase since February.”
“Again assuming that a lender would match the valuation of your London flat, with a mortgage of £180,000, you would be looking at an LTV of 48% which is a lot lower even than the lowest LTV of 60% that some buy-to-let lenders require.”
“However, Hull said there was room for improvement, particularly in the buy-to-let market, which is currently unregulated by the FSA.The FSA proposals also include a clampdown on the charges imposed by lenders on borrowers who fall into arrears on their mortgage repayments, and a ban on lenders moving these borrowers away from low initial rates.”
“HTA To use the flat as collateral for your new home, you would need to secure your borrowing on it, so you would need to take out a buy-to-let mortgage.”
“Indeed, most buy-to-let lenders look only at rental income with only a handful of lenders assessing earned income as well.”
“To answer your first question, yes it's highly likely that buy-to-let lenders will take rental income into account when assessing mortgage applications.”
‘buy-to-let’ hasn't been added to any lists yet.
Looking for tweets for buy-to-let.