As market conditions have steadily improved in the
aftermath of the financial crisis lenders have shown an increasing appetite to
advance mortgages to landlords who want to offer longer tenancies to those
renting in the private rented sector.
Although it is for individual firms to determine their own lending
policies, an increasing number of lenders are now willing to offer mortgages to
landlords who want to provide extended tenancies. The housing charity Shelter
has acknowledged this. Last year, it published a blog pointing out that there
is now a growing number of lenders who are willing to offer mortgages to
landlords wanting to provide longer tenancies. And these mortgages are still
available. Read more on the CML website.
Stamp duty deadline and economic gloom dampen UK housing market
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Buyer demand fell to lowest level since November 2023 in February, Royal
Institution of Chartered Surveyors says
Momentum in the UK housing market slowed...
8 hours ago
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