rental properties

From 1 April, new lets and relets with an energy performance certificate (EPC) rating of ‘F’ or ’G’ cannot be rented out, and existing tenancies have until 1 April 2020 to upgrade their EPCs. Any landlord letting a property that fails to meet the standard required could face a penalty of up to £4,000.

 

Lloyds Banking Group has indicated that it is looking to increase its buy to let offering in 2013.

It is understood the group not only plans to increase total lending but plans to increase buy to let as a proportion of lending to around 21 per cent compared to 17 per cent in 2012.

This will be good news for new and existing landlords, as the buy to let lender offers competitive product rates with a range of arrangements fee options.

If you are looking to purchase a buy to let property or remortgage one you already hold, give us a call on 01489 580020 or complete the contact us form for a personal illustration, once we have assessed your financial situation and requirements.

Mortgages
life insurance
home insurance
equity release

We offer whole of market advice for all types of customers, whether you are a first time buyer, home mover or looking to purchase a buy to let property. Being independent we are able to offer impartial advice from the whole of the market to ensure you get the product that suits your financial needs.

Whether you are looking to protect your mortgage payments or your family, we provide independent advice for life insurance, critical illness cover and income protection from a wide range of providers.

Buildings Insurance is a requirement when you complete on a mortgage the cover is to provide security to the lender, the insurance covers the main structure of your home. It will cover you for subsidence, storm, flood, fire or smoke damage and cover the costs of rebuilding or repair.

Equity release is a way of releasing cash from your property, either through selling a percentage to the reversion company or taking a mortgage on it, while allowing you, the homeowner to continue living there as long as you wish.