Buy To Let Mortgages Advisor

According leading asset valuer xit2, lenders are facing a huge amount of unpaid interest mortgages that will mature before 2020. The amount currently stands at £116bn. Interest only mortgages are now rarely available, with lenders learning lessons from the past. At the peak of the credit boom, approximately 1.3million interest only mortgages were written. Interest [...]

We are still in a situation where each month, mortgage approvals are falling. In the last twelve months mortgage approvals have fallen by 13% whilst other types of personal borrowing has remained ‘subdued’. Last month there were 30,533 mortgage approvals, with a combined worth of £4.8 billion. Although figures are lower than this time last [...]

Top tips for buy to let investment The income you can achieve from buy to let investment if you have enough money for a deposit is an attractive investment compared to low savings rates and the volatile stock market. With the low house prices, rising rents and great buy to let mortgage deals, investors are [...]

The Nationwide Building Society this week reported that house prices have fell again last month, making it the fourth time in five months. House price predictions 2012 are very difficult to predict. In July dropped by 0.7% making prices 2.6% lower than this time last year. The average house price currently sits at a figure [...]