Landlords are being urged to re-mortgage before tougher
buy-to-let lending criteria, due to be introduced in September, make it more
difficult to obtain finance. The call comes as the proportion of buy-to-let
re-mortgage transactions, as a share of the total lending market, has risen
over the last few months, and as a diminishing demand for new buy to let loans
has driven many lenders to slash mortgage rates. The National Landlords
Association (NLA) says the rise in re-mortgages is down to landlords looking to
limit their exposure to the new buy to let tax regime. Read more on the NLA
website.
Hawaii to limit vacation rentals in response to tight housing market
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Last year’s deadly Maui wildfire revealed the extent of short-term rentals
and their contribution to the state’s housing shortage
Hawaii lawmakers have v...
23 hours ago
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