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London buy to let market attracts investment in Q2

The London buy to let market enjoyed positive investor activity in Q2 of 2018, according to new data from specialist buy to let broker firm Commercial Trust Limited. Analysis of buy to let purchase applications across the UK, showed that the capital recorded the greatest share over other...
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Career moves driving UK property market

Brits are seven times more likely to be moving home because of a change of job (23%) rather than to make a quick buck from the housing market (3%), according to new property research from AA Mortgages. With AA reporting that summer movers are planning to spend 3%...
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MFB launches instant EPC rating retriever for landlords

Mortgages for Business has launched an instant EPC rating retriever on the homepage of its website for landlords to quickly check the status of their rental properties. From 1st April 2018, residential landlords will not be able to grant a tenancy to either new or existing tenants if...
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Specialist BTL brand enhances lending criteria

Specialist buy to let lending brand Keystone Property Finance has made a series of criteria enhancements aimed at helping both portfolio and non-portfolio landlords. The maximum individual loan available has been increased from £750k to £1m on borrowing up to 65% loan to value. The increase has been...
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Subdued gross mortgage lending in February

The Council of Mortgage Lenders estimates that gross mortgage lending reached £13.4 billion in February. This is 9% down on both January and on last February, in both of which months £14.8 billion was advanced. This is the lowest monthly estimate for gross mortgage lending since April 2013...
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Gross mortgage lending declines in January

The Council of Mortgage Lenders estimates that gross mortgage lending reached £14.3 billion in January. This represents a 14% decrease from December’s gross lending total (£16.6 billion) and is 11% lower than the £16.1 billion lent in January last year.
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2014 repossessions down 26%, says CML

The number of repossessions fell to 21,000 in 2014 – 26% fewer than the 28,900 in 2013, and the lowest number since 2006, according to latest data from the Council of Mortgage Lenders. At 0.19%, the repossession rate was also lower in 2014 than at any time since...
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