Buy to let

Flyhomes Survey: 78% of Aspiring Homeowners Have Slowed or Stopped Their Home Search, Overwhelming Majority Cite Interest Rates

Retrieved on: 
Wednesday, February 8, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, REIT, Other Construction & Property, Residential Building & Real Estate, Hope, EVP, Gen, Infant, Heart, Education, Buy to let, Real estate, Commercial property

With this launch, Flyhomes Mortgage’s Buy Now Refi Later becomes the first and only refinancing product on the market without lender fees, third party costs or timeline requirements.

Key Points: 
  • With this launch, Flyhomes Mortgage’s Buy Now Refi Later becomes the first and only refinancing product on the market without lender fees, third party costs or timeline requirements.
  • *
    A January 2023 survey of aspiring homeowners in the United States 18+ years of age who hope to buy a home within the next 36 months found that 78% have slowed or stopped their search altogether.
  • “Far too many buyers have been pushed to the sidelines because of interest rates,” said Tushar Garg, co-founder and CEO of Flyhomes.
  • If rates drop in the future, Flyhomes Mortgage helps clients refinance quickly and easily, having many of the necessary documents on file to lower their monthly payment.

Till Launches New Flexible Rent Features That Pay Properties In Full and On Time While Giving Residents Complete Control of Their Rent Payments

Retrieved on: 
Tuesday, August 24, 2021
Industry, Time, Multimedia, Solution, CEO, Housing, Buy to let, Budget, Income, Save, Lease, Renting

These flexible rent solutions empower residents to pay rent on their own schedule while increasing the likelihood all renters pay on time and in full the first of the month.

Key Points: 
  • These flexible rent solutions empower residents to pay rent on their own schedule while increasing the likelihood all renters pay on time and in full the first of the month.
  • Budget and Save enables residents to allocate rent in smaller installments for their entire rent prior to their due date.
  • While residents maintain the flexibility of incremental payments, Till works directly with the property owners and operators to ensure full payment on the first.
  • "Matching rent payments to cash flow revolutionizes a resident's ability to budget and an operator's ability to collect rent, ensuring rent is always the priority.

Buying and Selling a House in a Hot Market

Retrieved on: 
Monday, June 21, 2021
Loans, Mortgage loan, Mortgage, Economy, Housing in the United Kingdom, Buy to let, Causes of the United States housing bubble

Q: What advice do you have for buyers, as they look to buy a home in the current housing market?

Key Points: 
  • Q: What advice do you have for buyers, as they look to buy a home in the current housing market?
  • In the spring of 2020, no one could visit a house for sale due to the pandemic quarantine.
  • By autumn of 2020, there was pent-up demand to buy houses that were not available in the traditional buying season of the spring.
  • Low interest rates made it possible for buyers to pay more for a house because low interest rates mean lower monthly mortgage payments.

Sterling Wealth Associates adds exciting new fixed return bond to their property portfolio

Retrieved on: 
Wednesday, December 16, 2020
Real estate investing, Buy to let, Housing in the United Kingdom, Bond, Wealth

LONDON, Dec. 16, 2020 /PRNewswire/ --An exciting new investment opportunity has been added to Sterling Wealth Associates portfolio that will see investors receive an annual fixed return of 8% with little to no hassle.

Key Points: 
  • LONDON, Dec. 16, 2020 /PRNewswire/ --An exciting new investment opportunity has been added to Sterling Wealth Associates portfolio that will see investors receive an annual fixed return of 8% with little to no hassle.
  • With Sterling Wealth Properties new fixed return bond, these pressures will be alleviated as they will take the stress out of owning property.
  • The money invested will be used by Sterling Wealth to buy a property that suits each client's specific requirements to yield the highest income possible.
  • This bond is perfect for first time property investments or investments from overseas as there is no requirement to act as landlord on any newly acquired buy-to-let property.

8 Tips When Facing Mortgage Payment Problems due to COVID-19 | Zolo

Retrieved on: 
Tuesday, March 24, 2020
Economy, Money, Finance, Mortgage, Loans, Mortgage loan, Banking, Personal finance, Subprime mortgage crisis, Buy to let

That means not all property owners struggling to make a mortgage payment (or pay bills) will be approved for a mortgage deferral.

Key Points: 
  • That means not all property owners struggling to make a mortgage payment (or pay bills) will be approved for a mortgage deferral.
  • It also means landlords may not be capable of passing on rent relief to their tenants.
  • To qualify for the relief, borrowers need to show evidence of unemployment, diminished assets, lack of savings and other financial hardships that would make it difficult or impossible to make a near-term mortgage payment.
  • That means many property owners and small landlords will be scrambling to make their April 2020 mortgage payments.

Velocity Mortgage Capital Launches 30-Year, Fixed-Rate Loan Option for Residential Investment and Small Commercial Properties

Retrieved on: 
Monday, June 3, 2019
Professional services, Banking, Finance, Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, Economy, Finance, Money, Loans, Mortgage loan, Bridge loan, Buy to let

Velocity Mortgage Capital, a direct portfolio lender dedicated exclusively to providing investment property loans, has updated its FlexPerm loan with a 30-year, fixed-rate loan option for residential investment and small commercial properties.

Key Points: 
  • Velocity Mortgage Capital, a direct portfolio lender dedicated exclusively to providing investment property loans, has updated its FlexPerm loan with a 30-year, fixed-rate loan option for residential investment and small commercial properties.
  • View the full release here: https://www.businesswire.com/news/home/20190603005318/en/
    Velocity has updated its FlexPerm loan with a 30-year, fixed-rate loan option for residential investment and small commercial properties.
  • Velocitys investment property loans include residential 1-4 unit rental properties like single family homes, condominiums and townhomes to multi-family apartments, mixed-use and small balance commercial buildings.
  • Since 2004, Velocity Mortgage Capital has funded over $3.2 billion in investment and commercial property loans.

Tax relief on landlords' finance costs: s24 of Finance (No.2) Act 2015

Retrieved on: 
Sunday, March 17, 2019
Buy to let, Housing in the United Kingdom, Real estate investing, George Osborne, British people, Economy, British MPs

Friday, March 15, 2019This note looks at the way that landlords have been able to offset their finance costs against tax, the changes made to these rules by s24 of Finance (No.2) Act 2015, and the debate there has been over their likely impact. It looks briefly at the introduction from April 2016 of higher rates of stamp duty on the purchase of additional residential properties, as the Government has explicitly linked these two measures as being targeted to help first time buyers.

Key Points: 
  • House of Commons Library

    This note looks at the way that landlords have been able to offset their finance costs against tax, the changes made to these rules by s24 of Finance (No.2) Act 2015, and the debate there has been over their likely impact.

  • In the Summer 2015 Budget the then Chancellor George Osborne announced proposals to restrict the tax relief that buy to let landlords are entitled to claim on their mortgage interest, to be phased in from April 2017.
  • [1]

    Provision for this measure was included in the Finance Bill introduced after the Budget specifically, clause 24 of the Bill.

  • It now forms section 24 of the Finance (No2) Act 2015.

KBRA Releases UK RMBS: Market Uncertainty, BTL Demand to Remain

Retrieved on: 
Wednesday, March 13, 2019
Professional services, Banking, Finance, Housing in the United Kingdom, Economy, Credit rating agencies, Kroll Bond Rating Agency, Finance, BTL, Brexit, Buy to let, Affordability of housing in the United Kingdom, Money

Kroll Bond Rating Agency Europe Limited (KBRA) releases its UK RMBS: Market Uncertainty, BTL Demand to Remain report, which provides an outlook for the UK buy-to-let (BTL) RMBS sector.

Key Points: 
  • Kroll Bond Rating Agency Europe Limited (KBRA) releases its UK RMBS: Market Uncertainty, BTL Demand to Remain report, which provides an outlook for the UK buy-to-let (BTL) RMBS sector.
  • The report also assesses the UK housing market, the impact of policy changes and the main themes for the remainder of 2019.
  • In our sector outlook, we describe the transitioning housing market characteristics based on the economic uncertainty caused by Brexit, as well as how BTL property demand is adapting to these changes.
  • In our assessment of the UK BTL RMBS sector, we focus on issuance volume and portfolio characteristics over time.

Landbay selects Oracle NetSuite to accelerate growth of peer-to-peer mortgage lending

Retrieved on: 
Thursday, October 18, 2018
Economy, Money, Finance, Loans, Accounting software, ERP software, NetSuite, Oracle Corporation, Mortgage loan, Buy to let

LONDON, Oct. 18, 2018 /PRNewswire/ --SUITECONNECT -- Fast-growing buy-to-let mortgage lender Landbay has chosen Oracle NetSuite to support its goal of creating a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers.

Key Points: 
  • LONDON, Oct. 18, 2018 /PRNewswire/ --SUITECONNECT -- Fast-growing buy-to-let mortgage lender Landbay has chosen Oracle NetSuite to support its goal of creating a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers.
  • To meet these demands, achieve a real-time view across its business and reduce the amount of time spent running reports, Landbay selected NetSuite.
  • NetSuite will also help enable Landbay's employees to shift focus from administrative tasks and focus more time on developing innovative lending products.
  • "Landbay's impressive growth stems from having a product that offers accessible, competitive returns for investors and competitive rates for borrowers," said Nicky Tozer, EMEA VP, Oracle NetSuite.

Landbay selects Oracle NetSuite to accelerate growth of peer-to-peer mortgage lending

Retrieved on: 
Thursday, October 18, 2018
Economy, Money, Finance, Loans, Accounting software, ERP software, NetSuite, Oracle Corporation, Mortgage loan, Buy to let

LONDON, Oct. 18, 2018 /PRNewswire/ --SUITECONNECT -- Fast-growing buy-to-let mortgage lender Landbay has chosen Oracle NetSuite to support its goal of creating a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers.

Key Points: 
  • LONDON, Oct. 18, 2018 /PRNewswire/ --SUITECONNECT -- Fast-growing buy-to-let mortgage lender Landbay has chosen Oracle NetSuite to support its goal of creating a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers.
  • To meet these demands, achieve a real-time view across its business and reduce the amount of time spent running reports, Landbay selected NetSuite.
  • NetSuite will also help enable Landbay's employees to shift focus from administrative tasks and focus more time on developing innovative lending products.
  • "Landbay's impressive growth stems from having a product that offers accessible, competitive returns for investors and competitive rates for borrowers," said Nicky Tozer, EMEA VP, Oracle NetSuite.