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Some of the nation’s largest lenders have raised mortgage rates in the past two weeks and, according to many in the industry, more may arrive soon. The Bank of England (BoE) has made no secret that it is considering a hike in key rates early next year and, together with Chancellor Rishi Sunak referring to …

Paradigm Mortgage Services has added specialist lender SBI UK to its panel of lenders. SBI UK is a wholly owned subsidiary of State Bank of India and Paradigm members will now have access to its BTL products for individual borrowers or SPVs. SBI offers BTL products for multiple occupancy houses (HMOs), expatriates and limited liability …

As of this writing, I have recently attended several industry events. Many people in the mortgage industry seem eager to reconnect with the potential risks that still exist, including me! It looks like rental investors (BTLs) are feeling the same, with two busy days at the Consumer Real Estate Investor Fair a few weeks ago. …

The industry just celebrated 25 years of Rental Mortgage (BTL), but you’d be forgiven for thinking it’s been around much longer. It seems to have always been there but, like all mortgages, it was introduced for a reason: to fill a gap. We all know BTL is a big part in the transition industry. Much …

As we all finally settle into the full impact of Section 24, the recent government tax reshuffle has thrown another wrench into the work for rental owners (BTL). While they are certainly not industry-wide of the aforementioned interest relief changes, the changes to Dividend Tax, Corporate Tax, and National Insurance (NI ) will impact many …

Affordability remains the main disadvantage for people wishing to buy a home, which is why government programs such as Home Buyer’s Assistance have proven to be popular. Buying aid is due to close in 2023 and there are private companies looking to fill the void, but another way to get a foot on the housing …

Two large equity release lenders have started to tailor rates to individual borrowers and their properties, which is expected to trigger a trend in the industry. Earlier this year, Pure Retirement revealed that it will introduce custom interest rates based on each borrower’s zip code, property type, age, and loan amount. The lender continues to …

Recently, the UN released a damning report on global climate change. There were disturbing findings as to where we might be headed unless some serious changes take place. It’s the latest in a long line of calls for the global community to come together to tackle the problem, but it’s a stark reminder of the …

Mortgage Broker Tools has added Octane Capital to its MBT Affordability research platform panel. Lender specializes in complex BTL loans with no stress tests on residential and semi-commercial assets, freehold multi-unit buildings, multi-occupancy homes, properties over commercial, older community homes local and vacation rentals. Its offers are available to first-time buyers, first-time owners, borrowers with …

TORONTO, October 6, 2021 / CNW / – Crestpoint Real Estate Investments Ltd. (“Crestpoint”) is pleased to announce that it is expanding its product offering to include a dedicated commercial mortgage strategy. The Commercial Mortgage Strategy (“the Strategy”) will be led by Blake Steels, Vice-President, Head of Mortgage Investments. Steels, a seasoned private market real …