Lenders Say Buy To Let Borrowing Is Healthy And Booming

Lenders Say Buy To Let Borrowing Is Healthy And Booming

Buy to let lending surged in March as landlords borrowed £2.7 billion, according to trade body the Council of Mortgage Lenders (CML). Lending by banks and building societies was up 12% in March compared to February 2015 and 21% year-on-year. Borrowing was evenly split...
Mortgage Lenders Say That ​Landlord finances Are improving

Mortgage Lenders Say That ​Landlord finances Are improving

Buy to let mortgage arrears and repossessions are falling as the economic climate improves, according to bank and building society trade body the Council of Mortgage Lenders (CML). Compared with a year ago, fewer landlords are in mortgage arrears and lenders even...
Buy To Let Lending Surges Positively To 8 Year High

Buy To Let Lending Surges Positively To 8 Year High

New data from the Bank of England confirms buy to let borrowing is powering ahead and has climbed back to the highest level for eight years. With total lending of £27.4 billion in 2014, buy to let took a 13% share of all residential mortgage advances and a 15% share...
New Buy To Let Code For First Time Landlords

New Buy To Let Code For First Time Landlords

Buy to let lenders have signed up to a new code highlighting how new borrowing by first time landlords will work. Under the European Union Mortgage Credit Directive, from April 2016, new categories of consumer and professional buy to let borrowers are introduced....

Paragon returns to new lending

Visit the Guild of Residential Landlords buy-to-let page for independent financial advisor contact details The Paragon Group of Companies is delivering on its commitment to return to new lending and aims to re-establish its market leading position in the buy-to-let...
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