Buy-to-let market delivers improving returns as rents rise

According to the latest Buy-to-Let Index from LSL Property Services plc:

"Landlords are celebrating an outstanding month in the buy-to-let market, with rising rents, rising house prices and falling arrears..."

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Godiva reduce Buy to Let base rate tracker by 0.50%

Godiva Mortgages announce that today they have:

"Reduced the pay rate on their 2 year Buy to Let base rate tracker by 0.50%. Previously this product was available at +3.85% above base for two years, and has now been slashed to +3.35%..."

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UK housing market affordability reaches seven year high

New research from property website Zoopla.co.uk reveals:

"The fall in house prices and mortgage rates over the past couple of years has resulted in UK housing affordability at its highest level since 2003..."

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Buy-to-let proving a worry for mortgage lenders

Moore Blatch have published the results from their latest repossessions report:

"65% of mortgage lenders are worried about an increase in buy-to-let repossessions if rental yields reduce..."

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Rents fall as landlords rush for stamp duty tax break

LSL Property Services have released the results from its latest Buy-to-Let Index:

"Yields on residential property fell to 4.75% in January as rents slipped while property prices powered ahead. This is the lowest level since August 2008..."

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Buy-to-let lending rises

The CML have released Buy-to-Let lending figures today which show that buy-to-let lending has picked up towards the end of last year:

"New buy-to-let lending increased for the second consecutive quarter in the last three months of 2009..."

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