This week, a surge in landlords taking on additional mortgage debt – and how even increasing rents by a quarter won’t stop some landlords from feeling the pressure It won’t be news to any landlords watching that mortgage repayments are rising – and the Bank of England is widely predicted to raise the base rate …
So many landlords have invested in property for their retirement, but what happens when you get to retirement? Bricks and mortar are a solid investment, right? Whatever happens in this topsy-turvy world, a property portfolio is always going to stand you in good stead. Sure, it may fluctuate a little bit, but ultimately, it’s all …
Autumn has arrived, and with it comes the approaching update on interest rates by the Bank of England. With less than two weeks left until September 21st, now is a great moment to provide an overview of the latest Buy-to-Let (BTL) Mortgage News and delve into the current market predictions. Throughout this year, the interest …
Not sure what to do when your tenant falls into arrears? We’ve got the very best advice from Paul Shamplina to help you navigate this tricky situation. Landlord Action‘s Paul Shamplina has over 25 years experience in the legal field helping landlords with problem tenants, including issues around rent arrears. Right now, more tenants are …
When it comes to choosing between a leasehold vs. a freehold, it’s a tricky choice On one hand, as a leaseholder you get the benefit of not having any irritating property maintenance to deal with and can focus solely on what’s inside the four walls of your property. On the other hand, as a freeholder, …
The number of landlords planning to downsize is at an all time high, according to new research The research by the NRLA, the National Residential Landlords Association, shows that 12% of landlords sold properties in the second quarter of 2023, but only 5% bought. The research also found that 37% of landlords are planning to …
Around 20% of English properties are leasehold – but do you understand what that could mean for remortgaging and selling? For many landlords, investing in smaller properties – namely flats and apartments – has been a big part of their business plan. But often, with this sort of property comes an additional complication: a leasehold. …
So you’ve got your Buildings Insurance. But is it correct? Will it actually pay out when you need it to? What happens when you do all you can to protect yourself with your Buildings Insurance, tick all the boxes and dutifully hold all the correct insurances, only to find, when you need to use them, …
The Bank of England has announced that the base rate will increase by 0.25 basis points, bringing the rate to 5.25% Mashroom Mortgages spoke with an economist from one of the big four banks in the UK yesterday and their thinking was that the Bank of England base rate will peak at around 5.75%, they …
The simple answer is that it is hard to predict, due to a multitude of factors. However, inflation HAS dropped quicker than expected, which is good news, so the base rate may not change and could hold steady at 5%. If it DOES increase, it’s unlikely to hit the heights previously feared. BUT! That doesn’t …
