NLA urges remortgaging ahead of PRA changes as lending becomes harder in 2017.
Buy to let news update
Tenants stay for an average of two years in the same rental property, an increase on 2014 figures.
A new survey indicates that a third of UK landlords intend to increase rent in the next 12 months.
Rental homes can be used to provide equity for buy-to-let landlords.
Buy-to-let still attractive for wealthy baby boomers with 30% increase in second home owners since 2002.
House price growth is predicted to slow to the end of the year, according to Countrywide, as more people turn to rentals.
As house prices grow 4.6% annually in Scotland, opportunity knocks for buy-to-let landlords.
1.64% 2-year fixed rate buy-to-let remortgage. Free standard valuation up to £1,500, £500 cashback.
Volume of rental properties across the UK up 3.6%, but those available ‘to let’ experiences sharp decline, -9%, in July 2017.
London’s rental market remains popular in Quarter 2 as rental prices drop.