buy to let
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Will your Borrower Client's Lease Term Accord with CML Handbook Requirements?
Historical short-lease article This article records an Accord Buy to Let minimum lease-term requirement in 2017. It should not be relied upon as a statement of the lender’s current policy. For current practical discussion of short leases and future mortgageability, read Short Lease: Extend Now or Wait for Reform? Historical minimum lease-term requirements can be…
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Buy-to-Let Conveyancing on the Increase and Set to Continue
Following on from a very active fourth quarter, 160,900 buy-to-let conveyancing purchases involving a mortgage took place in 2013, a jump of 23% compared to 2012. The increase has been fuelled by Buy-to-let landlords benefiting from record low mortgage rates. Competition amongst lenders has seen fixed interest deals at a new low, brokers say. Mortgage…