Section 24: What has it forced you to do?
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I have created a thread for Property118 landlords to explain the decisions and changes they have made thus far as a direct consequence of Section 24 of The Finance (No. 2) Act 2015 which changes the rules on mortgage interest relief for private landlords from April 2017 onward. The intention is that posts made here can… Read more
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No age limit property finance on Keystone Ltd Co and Joint applications
“The aim of accepting landlords over the age of 85 years within a joint mortgage application will allow many of our older borrowers to continue to leverage their portfolios”, said David Whittaker CEO of Keystone. Keystone Property Finance has removed the age criteria on its Classic range of mortgage products for joint applicants and for… Read more
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Expat thinking of changing things up?
I am in the process of selling my sole property in the UK, (which I have been letting for 10 years), and plan to buy 2 flats instead. My agent has priced the house at £325,000 and suggests 2 properties at around £160,000 each. There is £45,000 left to pay on my repayment mortgage, therefore… Read more
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New Right-to-Rent Rules
BREAKING – The Home Office has said that the new rules under the Immigration Act 2016 will be coming into force on 1 December 2016. This seems a bit rushed as there does not appear to be any prescribed forms available at this time. Information supplied by Tessa Shepperson of www.landlordlaw.co.uk says that in essence: […]
… LandlordZONE.
View Full Article: New Right-to-Rent Rules
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