Generation Home commercial director Pete Dockar says including borrowers’ rental payment track record in lending decisions is a “mechanical challenge” that must be addressed. Last week, the government announced it wants to encourage mortgage lenders to include borrowers’ rental payment track record in lending
Specialist finance market reacts to government s holiday lets review bridgingandcommercial.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bridgingandcommercial.co.uk Daily Mail and Mail on Sunday newspapers.
CHL Mortgages has launched a buy-to-let refurbishment range which it says is designed to help landlords improve the energy rating of their rental stock and improve its general condition. It adds: “The products offer the ability to release the costs of the refurbishment upon completion, without having to change
CHL Mortgages has entered the short-term let market with the introduction of a new five-year fixed rate product range, up to 75% loan to value (LTV). The new five-year 65% LTV short-term let products have two fee options. The 3.50% rate has a 2.5% fee while the 3.80% rate has a fee of 1%. The five-year fix 75% LTV
Seven out of 10 portfolio landlords expect to remortgage or consolidate loans over the next 12 months, according to a poll by CHL Mortgages. The intermediary-only BTL lender surveyed more than 100 specialist BTL brokers who said around 70% of their portfolio landlords clients were in this position. The poll found