Should you cash in your pension to become a buy-to-let landlord?
Some newly-flush pension savers might well jump at the chance to join Britain's growing army of amateur landlords, given that interest rates remain stubbornly low and shares are volatile – notwithstanding this week's record FTSE 100 high. … But there …
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Court rules that West Brom tracker rate rise on buy-to-let mortgages was legal
All those affected had three or more buy-to-let loans. Tracker mortgages are sold on the understanding that their rate simply tracks the Bank Rate, as stated in West Brom's mortgage offer issued to borrowers. A tracker mortgage charges Bank Rate …
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100000 landlord policies live!
They're concerned that new rules requiring landlords to ensure prospective tenants have the right to rent property in the UK will mean that landlords avoid non-British renters altogether. The issue caused a heated discussion on … Last month we …
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Marketwatch: Have mortgage rates hit their nadir?
Santander has launched new zero booking fee mortgages at 80 and 85 per cent LTV, but its most notable changes were to buy-to-let. It will now allow a remortgage and capital raising on an investment property for personal use up to 75 per cent LTV.
Read more on Mortgage Strategy
Buy-to-Let Booms as BOE Awaits Powers to Curb Mortgages
(Bloomberg) — The Bank of England is seeking to regulate the U.K.'s booming rental home market that's delivering annual returns of almost 12 percent and increasing risks for the economy. The government is making it wait. While regulators have …
Read more on Bloomberg
The post Should you cash in your pension to become a buy-to-let landlord? appeared first on SmiLoans.
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