|
|
|
| Drop in BTL mortgages rates |
|
|
|
|
In 1992, when commercial mortgages used to purchase residential  property as investment, were given the label "Buy to Let" mortgages the gulf in pricing between them and their residential equivalent was huge. This has remained the norm for the last thirteen years, but now we are starting to see real parity in the pricing between the two mortgage types. Full story click here |
|
|
|
|
|
| RICS Lettings survey May 05 |
|
|
|
|
 New instructions from landlords to let their property halted for the first time since 1998. This indicates a flat housing market and that current interest rates are deterring new buy-to-let investors from entering the market. Despite this, existing landlords are holding firm, with a declining number putting their property up for sale after tenancy agreements expire or are due for renewal. Full story click here |
|
|
|
|
|
| Land Registry - Residential £s |
|
|
|
|
Land Registry's latest residential property price report, published  today, Tuesday 10 May, shows Wales having both the highest and lowest average price increases for the period January – March 2005.
Merthyr Tydfil and Blaenau Gwent top the list with 44 per cent and 30 per cent increases in the average cost of property compared with the same period in 2004. At just under one per cent, The Vale of Glamorgan has the lowest price rise compared with the average national price increase of 10.27 per cent. Full story click here
|
|
|
|
|
|
|
|
|
|
The British Property Federation (BPF) is calling on Government to regulate buy-to-let investment syndicates, and for lenders to put in  place other measures to protect small investors.
Having met with the Council of Mortgage Lenders and more recently HM Treasury to discuss this issue, the BPF is convinced that the existing arrangements for the DTI to close down the worst syndicates is insufficient to protect consumers and the reputation of the wider property investment sector. Full story click here
|
|
|
|
|
|
|
|
|
|
Would you like to share your property investment experiences with others? Mortgages for Business has close links with a number of  national newspapers and are looking people who would like to see themselves in print. If you are interested in telling your story please email jonathanm@mortgagesforbusiness.co.uk |
|
|
|
|
| Why not forward this newsletter to a friend? |
|
|
