Buy to let and housing market follower
Buying to let. Buy to let mortgage: find the best deal - MoneySavingExpert. Buy To Let Motorhomes – Motorhome Ownership Made Easy and Cheaply. The Buy-to-Let Motorhome Scheme has been very welcomed by people who would dearly love to own their own motorhome, but at the same time cannot justify the expense of buying a brand new motorhome or campervan.
The scheme is simplicity itself: you buy a heavily discounted brand new motorhome on the condition that you put it into the motorhome rental scheme for 3 years. The motorhome can be bought with finance that you can arrange yourself or we can help you. The interesting fact is that in general, just 1 weeks rent will pay for 1 months finance, so clearly if you rent out your motorhome for 12 weeks a year, you have a free motorhome! If you are in the market for buying a new motorhome you might want to read on, especially if you are buying your first motorhome. Every new motorhome owner always has the intention of taking lots of long holidays and going away almost every weekend, but realistically the motorhome is likely to stay on your driveway for about 80% of the time each year.
Buy-to-let: is it a boom or a bubble fit to burst? Buy-to-let has been one of the UK's financial success stories.
While it may have dipped in the worst years of the credit crunch, lending to residential property speculators is almost back to pre-2008 levels. But there is now increasing concern that amid a UK hosing crisis, buy-to-let may be part of the problem, not the solution. According to the Council of Mortgage Lenders, there were 16,000 buy-to-let loans worth £2.2bn approved in May 2014.
In 2013 buy-to-let accounted for 14 per cent of all mortgage borrowing, compared with 11.5 per cent in 2012 and 9.5 per cent in 2011. Rob Saunders at comparethemarket.com reported that the comparison site had seen interest in buy-to-let mortgages jump 70 per cent since the start of the year. He said: "Buyers are looking at higher-value loans which have jumped from an average of £108,453 in 2013 to £123,026 in 2014 – an increase of 13 per cent.
Two years ago, the mortgage broker John Charcol noted a dramatic rise in first-time buy-to-let borrowers. Buy to let mortgage calculator - Commercial Trust. Work out BTL mortgage repayments Your monthly mortgage repayment may vary depending on factors such as when interest is calculated.
Ask your advisor for a personal illustration. Fill in the property information boxes above to calculate repayments on the mortgage amount you would like to borrow. Quickly Compare buy-to-let mortgage rates Visit our mortgage comparison page to review different mortgages and repayment types, and see what interest rate you might expect to pay when purchasing a buy-to-let property.
Your mortgage repayments are likely to be your biggest monthly expenditure, and having the best buy-to-let mortgage is crucial to making a good investment. To find out what your repayments will be, enter The property price or valuationThe mortgage term lengthThe interest rate of your chosen mortgage Then click ‘calculate’ to see what your monthly repayments will be on both an interest only and capital repayment basis. PRA clamp down on buy-to-let lending - Commercial Trust. The Bank of England has published proposals to regulate lending in the buy-to-let mortgage sector.; Amidst news of worsening financial stability in the UK, the Prudential Regulation Authority (PRA) has proposed tightening buy-to-let borrowing criteria.
Its suggestions include more in-depth affordability assessments for landlords that could make it harder to take out a buy-to-let mortgage. The PRA is responsible for supervising lenders Between December 2015 and March 2016, the PRA reviewed underwriting standards in the buy-to-let market. It has expressed concerns that lenders may relax underwriting standards to meet their buy-to-let growth plans, and has identified “a need for microprudential action”. The Bank of England sees buy to let as a risk.