Longer Term Tenancies and Getting the Right Buy to Let Mortgage

In this LettingFocus blog post, we discuss our research into the potential for buy to let mortgage lenders to allow borrowers to offer longer term assured shorthold tenancies. We also look at the questions borrowers should ask themselves to ensure they get the mortgage that’s right for them. Currently, at LettingFocus we are doing research into the potential for buy […]

Read more

Buy to Let Mortgages and the Future for Smart Lenders

For a long time, in our corporate consulting work with mortgage companies and brokers, I have advised lenders and brokers that the “one size fits all” mortgage lending approach in buy to let may be nearing the end of its shelf life. Our work may soon start to bear fruit. Eventually, other mortgage lenders will follow and design mortgage products […]

Read more

Mortgage Lender Inefficiency and Housing Market Failure

One of the curious aspects of landlord behaviour is a failure to look beyond the initial mortgage rate deal terms. And comparison sites don’t help as they rarely say what the follow on rate is once the initial attractive deal period ends. I have seen many mortgage deals recently where you will see some great headline rate – but it’s […]

Read more

Government Policy on the Private Rented Sector is Not Joined Up

Sometimes government policy doesn’t seem to join up too well – with different policies apparently conflicting with each other. Two good examples are (1) the lending activities of state owned banks which appear to hamper what local councils are trying to do with their private rented sector access schemes, especially lease schemes and (2) policies on HMOs which appear to […]

Read more

How Not to Market to Private Landlords and the Private Rented Sector

Landlord readers of this column will know that LettingFocus’s stance these days is now very much built around consulting with organisations who sell products and services to the private rented sector. Basically we tell them how to do it better! Our two biggest client groups are banks / financial institutions who sell mortgage loans to landlords (commonly known as “buy […]

Read more

Mortgage Fraud Buy to Let Lending and Property Clubs

My blog post last week (about what mortgage companies could do to support landlords more), generated 27 emails from managers at buy to let mortgage lenders and ten from landlords. One aspect that I referred to, in passing, was how the mortgage lenders had been “behind the play” in terms of understanding how bad buy to let mortgage lending and […]

Read more

Landlords Still Wait for Advice from Buy to Let Mortgage Companies

Mortgage companies writing buy to let mortgages could do more to reduce the possibility of future arrears. It is a subject that we have written about extensively before at this blog, not least because the activities of the lenders exasperates not just would be borrowers but also mortgage brokers who often find many of the activities of the lenders hard […]

Read more
1 2