Should I remortgage my buy-to-lets early to escape mortgage crackdown?

I’ve just remortgaged one of my buy-to-let properties with The Mortgage Works who told me that far from needing my rent to cover my mortgage by an extra 25 per cent, it now needs to cover it by an extra 45 per cent.  The change really threw me and meant that I ended up putting in extra equity to the property to pull the loan-to-value and rate down.  I have four other buy-to-lets, all of which are due to be remortgaged fairly imminently but I am still in the period where I'll need to pay early repayment charges to remortgage now. 

Britain's landlords, much-maligned for allegedly 'stealing' homes from our nation's would-be first-time buyers, have now discovered a loophole to avoid rising taxes.

Most lenders do not allow landlords to let their properties to a close family member because they fear it is more difficult to evict a family member who fails to pay rent. But this new deal does.

From energy healers to ex-soldiers, we reveal property investors housing generation rent

An Englishman's home is his castle, except sometimes, it's not his castle, it's his landlord's castle.   One in five families living in the UK now rents their home - and the number is rising. But who are Britain's landlords and how do they invest? We talk to some of those helping to house generation rent.

Students now face paying £27,000 in tuition fees for a three year degree but with house prices still climbing, investing in student digs could cover the cost.

While London remains arguably the tech capital of Europe, clusters of high growth tech companies based elsewhere have supercharged local housing markets.

Mortgage lenders are slicing percentage points of their buy-to-let mortgage rates in a bid to woo landlords purchasing new properties through their doors. 

There has been a sharp rise in buy-to-let landlords using holiday lettings websites such as Airbnb to list their properties, new research claims.

Ten tips for buy-to-let

For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. Climbing house prices, rising rents and improving mortgage deals are tempting investors - although they will need a big deposit. Read This is Money's top ten buy-to-let tips


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Top university towns for buy-to-let revealed

In the same week as the holy grail of savings accounts, Santander's 123 account halved its rate to 1.5 per cent, research suggests landlords can earn returns up to 6.9 per cent. A combination of low property prices and strong demand for rental accommodation in student cities in the north of England means landlords are raking in almost 7 per cent a year. But experts have warned that it's not a get rich quick scheme. Letting property requires knowledge and understanding of local markets, tenant demands and the laws that govern rental provision.

A friend and I bought a property ten years ago when we first moved to London for work and now we're selling - how should we split the proceeds when we put in different deposits?

OneSavings said that since the UK's decision to leave the EU, it had increased its focus on professional buy-to-let investors as they are 'better positioned to withstand market volatility'.

Could you pay for your retirement by buying homes for students?

Figures tracking student buy-to-let properties across the UK show that in fact returns of 6 per cent or more are common. Sunderland is top of the pile, with landlords making 10.6 per cent on average, according to expert firm Property Partners. So for every £1,000 you put into a property to buy it, you'll get back an extra £106 each year in rent.

Brexit worries coupled with a summer holiday slowdown saw the average asking price fall by £3,602 in August, as questions hang over the housing market.

Coventry Building Society has scrapped a mortgage for families over fears that they'll be hit by the 3 per cent second home tax. The deal allowed borrowers to add a parent's income to their application.

Rightmove and Zoopla allow landlords to list properties on their site for free

For the first time ever landlords can list their properties to rent on both Zoopla and Rightmove without paying up front fees. LetMe, an online lettings agent, has just launched a service giving landlords the option of paying no fees at the outset, receiving 12 months rent in advance and having a guarantee that the condition of their property on the tenant's departure will be equal to the condition at the start of the tenancy. It includes listing as many properties as they like for no charge on both major property portals with LetMe claiming the overall deal is 'free'.

Around 1.5 million borrowers stand the chance to save money on their mortgage after the Bank of England cut the base rate a quarter of a per cent to 0.25 per cent.

Selling a home could come in for more tax scrutiny after a report from the National Audit Office warned it is worried about the abuse of tax relief given to homeowners.

Can house prices keep rising and how can people afford to buy in London? Watch the Property Show

Declining ownership is seen as another sign of property market in crisis, but is this true? Ed Mead, of estate agents Douglas and Gordon, joins the Property Show, to look at the state of the market and whether prices will keep rising. And as an experienced agent he also answers the question many of us will have asked: 'How on earth do people afford London homes?'

Buying agents and the shadowy new world of hush hush home sales

Most homeowners rely on an estate agent to buy or sell a property, but now many seeking privacy are turning to a new kind of ultra-discreet professional. Increasing numbers of properties are being bought 'off market' without the traditional for-sale board or advertising. Buying and selling this way, using a 'buying agent' used to be the preserve of the rich and famous.

Declining ownership is seen as another sign of property market in crisis, but is this true? Estate agent Ed Mead takes a look and reveals what's going on with house prices.

The Taxpayers' Alliance claims the 3 per cent additional stamp duty for buy-to-let and second homes hike will drive up rents for tenants as investors pass on costs.

Banks suspend large deals for landlords to stop borrowers slipping into negative equity

Buy-to-let lenders are temporarily pulling loans for borrowers with small deposits until the dust from the Brexit vote settles. They are doing this to stop landlords slipping into negative equity if house prices fall - something on which experts are divided.

Landlords have admitted they may pull the plug on renting to those in retirement just as lenders have begun to make it easier for older borrowers to get a mortgage.

Buy-to-let landlords are finding ways to maximise rental income and improve profitability despite these headwinds - by converting family homes into shared accommodation.

What you must know about new stamp duty on buy-to-let and second homes

Buy-to-let landlords are set to be hit with more costs from April when an extra 3 per cent stamp duty charge is introduced. The change will add thousands to property purchases whether you are an individual landlord or a company. We outline the major changes to look out for.

More than 6,000 buy-to-let landlords will win back an average of £4,400 thanks to a Court of Appeal victory over West Brom building society after it tried to rip up the rules of their tracker mortgages.

Britain is a nation obsessed with bricks and mortar but mortgage advisers have warned those thinking of investing in buy-to-let are facing headwinds that will only get worse.

Will bricks and mortar give you a secure retirement?

Bricks and mortar have provided stellar returns for many people over the past couple of decades, prompting many to rely on property as their pension. We set the stock market against the property market.


All this week, we've been guiding you through the buy-to-let process so you can make up your own mind. Today, we look at how you can turn a property into your pension, and tax implications

Taxman: Hector the taxman from the HMRC wants to know how much money you make from buy-to-let

Becoming a buy-to-let landlord has been known to reap a decent return above interest rates or savings accounts, but it can also add to your tax bill.

Being a landlord can be extremely financially rewarding, but don't forget that the taxman will always want his share. Here's our rundown of all the taxes every buy-to-let investor needs to know about.

A house set in a bear trap.

In relation to a Money Mail article on house prices

housing trap

More landlords could set up companies to manage their buy-to-let portfolios amid fears that their profits will be hit by tax relief changes, but is that worrth doing?

How buy-to-let mortgages work and how to get the best deals

Buy-to-let has become big business as Britain's small army of property investors ploughed their savings into homes to deliver both income and growth. Buy-to-let mortgages are generally interest-only, require larger deposits and need rent to comfortably more than cover payments. We explain more in our guide.

Avoid the buy-to-let mistakes that mean your investment might not pay off

Those considering investing in buy-to-let - or hoping to improve the returns on their existing properties - need to make sure they aren't making common mistakes. We outline the classic errors to avoid to make sure you get the best from buy-to-let - and how to look after your tenants so they look after you.







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