council of mortgage lenders

council of mortgage lenders

Record Number of Buy-to-Lets Purchased With Cash

06 March, 20170 Comments
According to data from lettings agent Countrywide and the Council of Mortgage Lenders, a record number of landlords are choosing to purchase their buy-to-let investments with cash rather than through the use of mortgages. More than six out of ten properties purchased last month with the intention of letting were bought debt-free. It seems easy
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Stress testing your buy to let portfolio

08 January, 20140 Comments
Every landlord, whether they own a couple of properties or a couple of hundred, is running a business. Like any business, it’s a numbers game – and the numbers can often be unpredictable. When Mark Carney took over from Mervyn King as the Governor of the Bank of England on 1 July 2013, the economy
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Extended tenancies could trigger rent arrears increase

28 January, 20130 Comments
In response to Labour’s call for longer tenancy agreements the Council of Mortgage Lenders have responded by warning that such agreements could lead to a rise in rent arrears. Labour argues that the private sector should give stability and financial certainty to private renters by offering predictable rents over a long period. Longer-term tenancies and
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