Stricter affordability checks creating buy-to-let mortgage prisoners

Increasing numbers of landlords are becoming buy-to-let mortgage prisoners as a result of being stuck on uncompetitive mortgage rates due to new
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Buy to Let Club and Precise Mortgages have unveiled a range of second charge buy-to-let mortgages with no product fee fixed for five years.
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The move means that for new and existing customers the 2-year fixed-rate mortgage with £1,995 fees up to 65 per cent loan-to-value (LTV) will now
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As a mortgage lender and a first-time homebuyer expert, I interact with a lot of people every day. A majority of them are either in the process of buying
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“The system created by the Dodd-Frank Act essentially rewards the largest banks and less regulated nonbank lenders – the very institutions that
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Secure Trust Bank wants to lend to older borrowers once its current proposition is established, its managing director of mortgages Esther Morley has
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A new free-to-access guide has been launched by Dominion Lending Centres Edge Financial giving home owners the change to navigate and have
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A top federal banking regulator severely downgraded Wells Fargo's community lending rating on Tuesday, citing the “egregious nature” of
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The volume of mortgage-related complaints received by the Consumer Financial Protection Bureau (CFPB) has declined, according to the CFPB's
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These interesting real estate facts are fun conversation points, and are sure to surprise more than a few people. Thank you to all of the awesome
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The Budget was a massive disappointment for Landlords. There had been hopes for a reversal of the incoming changes to tax relief on mortgage
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That's the market where the less creditworthy borrowers get their loans. In the U.S. mortgage market as a whole, shadow banks held a 38 percent
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Wells Fargo (WFC) failed a community lending test Tuesday with the Office of the Comptroller of the Currency deeming that the bank “needs to
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When approaching each transaction, real estate professionals anticipate to achieve the best possible outcome. The property's net operating income
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“China's rich people have ruined the housing market,” a typical comment says. “This still doesn't solve the problem at hand,” one person writes: “Which
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Trez Capital Senior Mortgage Investment Corporation is a non-bank commercial mortgage lender. The company has market cap of $39.07 million.
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Now, seeing as the journalist was probably shocked that a) mortgage brokers still exist, and b) we actually get paid for what we do, perhaps I shouldn't
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Housing executives told The Journal that some of that slow growth can be attributed to stricter credit standards, but they cautioned that lenders
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The alternative finance provider has seen lending rise 100% since April 2016 and hopes to double the amount lent to SMEs to £1bn in the next 12
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Sometimes change is good. That was certainly the case for home buyers today as mortgage rates continued their somewhat surprising declines.
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