Private Rented Sector Buy to Let Consultants
Don’t take the easy way out by clicking a few links and remortgaging with your current mortgage lender – you would be costing yourself tens of thousands of pounds. Always shop around says David Lawrenson of LettingFocus.com. Don’t Remortgage with your current mortgage lender. Always shop around Six weeks ago, I was advising a client couple on buy to let […]
Read moreThe Nationwide Building Society has an odd bed-fellow in Generation Rent, says David Lawrenson of LettingFocus.com. Nationwide Foundation and Generation Rent, the Odd Bed-Fellows Once again there are calls for rent controls. Most recently these have come from Diane Abbott, the MP for Hackney – and her call echoes some of what the likes of the pressure group Generation Rent have called for. […]
Read moreToday, Mortgage Works owner, Nationwide has said it will allow landlords to offer longer term tenancies. We are delighted that our work at LettingFocus on this matter, over many years, helped make this happen. Through our consulting work over a long period, we were able to show ALL lenders that the business case of keeping tenancy lengths in the private […]
Read moreDavid Lawrenson of www.LettingFocus.com observes the latest mortgage lender U turn on allowing landlords to let to housing benefit tenants, but says that rather than a “blanket” approach of either allowing or not allowing landlords to do this, a better way would be if lenders “selectively” allowed it – with the decision linked to other variables such as landlord experience […]
Read moreDavid Lawrenson of Private Rented Sector Consultants LettingFocus.com looks at why some mortgage lenders don’t want to allow landlords to let to tenants who are dependent on housing benefit to pay their rent. Last week, at this blog, I looked at Nationwide’s new policy (for the Mortgage Works) to not allow landlords taking out mortgages or remortgages with them to […]
Read moreMortgage lenders are increasingly not allowing private landlords to let to tenants on benefits. This can only lead to even more landlords removing their properties from this end of the market – a part of the market where tenants have very few housing options. With nowhere else to go, more families will need to be put up in expensive B&B […]
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