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Loans Latest News Confidence high in buy-to-let market
Loans Latest News Confidence high in buy-to-let market Confidence high in buy-to-let market
Nine out of ten UK investors in the buy-to-let market are planning to expand their property portfolio in the next six to eight months, a new survey reveals.
The research by Mortgage Express highlights the high investor confidence in the long-term future of the buy-to-let market.
Furthermore, eight out of ten reported a rise in tenant demand, and three-quarters of investors said they had not had any void rental periods on their buy-to-let properties.
Andrew Moss, product development manager at Mortgage Express, said: "It's encouraging to note that our borrowers believe that demand for rental properties remains strong.
"This point is reflected in our own economic analysis which shows increased demand for buy-to-let loans in general," he added.
The recent upturn in the property market has been attributed to the August interest rate cut, as well as the forthcoming A-day.
For more information on Buy to Let mortgages click here
The research by Mortgage Express highlights the high investor confidence in the long-term future of the buy-to-let market.
Furthermore, eight out of ten reported a rise in tenant demand, and three-quarters of investors said they had not had any void rental periods on their buy-to-let properties.
Andrew Moss, product development manager at Mortgage Express, said: "It's encouraging to note that our borrowers believe that demand for rental properties remains strong.
"This point is reflected in our own economic analysis which shows increased demand for buy-to-let loans in general," he added.
The recent upturn in the property market has been attributed to the August interest rate cut, as well as the forthcoming A-day.
For more information on Buy to Let mortgages click here
Friday, 28 October 2005 16:02
Top 5 Personal Loans
|
Loan |
Representative APR |
Min Loan |
Max Loan |
Min Term |
Max Term |
Apply |
|---|---|---|---|---|---|---|
| View Full Table > | ||||||
 |
6.8%
|
£7,500
|
£14,999
|
1 Year
|
5 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.8% (fixed) equals monthly repayments of £148 and a total amount repayable of £8,868. There are no other charges included in the total charge for credit. | ||||||
 |
8.2%
|
£5,000
|
£7,499
|
1 Year
|
7 Years
|
|
| Representative Example: £5000 borrowed over a period of 5 years at 8.2% (fixed) equals monthly repayments of £102 and a total amount repayable of £6,112. There are no other charges included in the total charge for credit. | ||||||
 |
6.1%
|
£7,500
|
£14,999
|
1 Year
|
10 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit. | ||||||
|
|
8.1%
|
£15,001
|
£25,000
|
1 Year
|
7 Years
|
|
| Representative Example: £15001 borrowed over a period of 5 years at 8.1% (fixed) equals monthly repayments of £305 and a total amount repayable of £18,293. There are no other charges included in the total charge for credit. | ||||||
|
|
6.1%
|
£7,500
|
£15,000
|
1 Year
|
7 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit. | ||||||
