Daily Archives: March 5, 2018

Are you a landlord with four or more properties?

[ad_1] As of 1st October last year, new lending criteria came into effect for ‘portfolio’ landlords, affecting anyone with four or more mortgaged Buy to Let properties. Now, when it comes to applying for a new mortgage or a remortgage, the total borrowing across the whole portfolio must be no more than 75% of its…

‘Fitness for Habitation’ Bill hits Parliament

[ad_1] The government recently gave local authorities the power to fine rogue landlords up to £30,000 and (from April 2018) issue banning orders to the worst offenders, stopping them from letting in the future. But these still rely on tenants raising issues themselves and having to keep chasing their local authority for progress, which can…