Paragon Mortgages reports 6.5 per cent quarterly rent growth by Finance News Bulletin

Published: 25/05/07

characteristic rents have grown by 65 per cent in the past three months, according to a novel buy-to-let study from a specialist mortgage lender Data from monetary services provider Paragon Mortgages indicates that average rents in April 2007 hit £10,591, up from £9,942 in JanuaryMeanwhile, total income grew from eight per cent to 11

6 per cent over the same quarterly time intervalJohn Heron, organization director of Paragon Mortgages, has told prospective buy-to-let speculators that the figures reflect increasing insist for hire properties " Investors are encouraged by the strength of tenant insist, which enables them to increase rents on existing tenancies when they are renewed and apply a senior rent to novel tenants," he explainedRecently, Mark Blackwell, head of corporate and specialist lending at mortgage lender Cheltenham and Gloucester, refuted suggestions that the buy-to-let sector could be injured by rising interest rates

language after it was confirmed that the base speed had risen to 55 per cent, Mr Blackwell argued that the bulk of landlords with buy to let mortgages saw hire properties as a long-term investment rather than a short-term way of making cash Today's Most Popular Results Mortgage Enquiry shape Need Life Insurance ------ Mortgages - Information Mortgages - house ------ Financial Services - houseNone of the information on this website is intended to promote any exact mortgage product or give mortgage advice

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Mortgage borrowers varied, expert claims - Published:21/09/07

Buyers looking to find a mortgage hail from a broad diversity of backgrounds, an expert has claimedAlthough the conception of home buyers is of a family with children, a figure of differing individuals and couples are heavy the mortgage market, stated mortgage supplier Birmingham MidshiresTwenty-somethings, same-sex couples and single people are looking for property, accounting for 22, 21 and 17 per cent of those planning to find a mortgage in the next day respectivelyThe company added that 13 per cent of Britons are aiming to find a mortgage over the next 12 monthsTim Hague, managing manager of mortgages at Birmingham Midshires, said: "There is no such thing as an standard borrower in modern Britain, yet many monetary services companies continue to target mortgage crop that respond to an outdated picture of British existence - a picture that may include two parents, two children a fair-haired Labrador and a mid-range family automobile"A recent study by the Council of Mortgage Lenders found that first-time buyers are not "wounding corners" and opting for interest-only deals when they seem to find a mortgageToday's Most Popular Results Mortgage Enquiry shape Need Life Insurance ------ Mortgages - Information Mortgages - house ------ Financial Services - houseNone of the in order on this website is intended to promote any specific mortgage product or give mortgage advice Mortgagescouk is a non-regulated trading name of monetary Services Net Ltd[Terms & Conditions]more sites:car cover home insurance | cheap flights | ink.

Watch fees on fixed-rate mortgages - Published:16/05/07

Experts have warned consumers that fixed-rate mortgages are not always quite what they appear, with serious application fees being charged by many lenders Many borrowers, some of whom are unparalleled buyers, believe themselves to have found a great deal and hurry into a loan without considering applications costsIn many cases, according to financial armed forces experts, the benefit of a fixed era can be voided by overwhelming charges to apply Many borrowers look for fixed-rate mortgages to travel out periods when interest rates rise Fixed-rate loans let borrowers to accurately budget for their journal repayments Bargain deals with attractive headline rates could prove more expensive over the long word, and borrowers need to build the cost of the application into their budget and the cost of the loan Experts urge borrowers to believe about application fees before committing to a loan Young people rotating to buy to let mortgages, financial armed forces study reveals - Tue, 20 Mar 2007Banking institution calls for legacy tax revisions, mortgage holders told - Mon, 19 Mar 2007Today's Most Popular Results Mortgage Enquiry Form require Life Insurance ------ Mortgages - Information Mortgages - Home ------ monetary Services - HomeNone of the information on this website is intended to promote any specific mortgage manufactured goods or provide mortgage recommendation Mortgagescouk is a non-regulated trading name of Financial Services Net Ltd[Terms & Conditions]more sites:automobile insurance| home insurance |.

Get started in Buy-to-Let - Published:02/03/07

Taking out a buy to let mortgage is one of the best long-term ways to make cash House prices do vary, despite a long period of upward growth recently, so investing in property shouldn’t be viewed as a quick way to make lots of money The expenses involved in buying and selling property, and the potential for tragedy, mean that buy to let should always be run similar to a commerce Getting started in buy to let could be one of the most sensible financial decisions you could create, but there are pitfalls to avoidThe first thing to decide is whether you can afford a buy to let mortgage captivating out a buy to let mortgage is different to normal mortgage For instance, some charges may be higher and a smallest amount deposit of 15 per cent is generally required Often, a lender will gauge their lending by the amount of rental fee the property can produce Usually, 125 per cent of monthly mortgage interest expenditure is the minimum acceptable, although this has become more flexible in recent yearsThe costs of buy to let must also be anticipated when receiving started Above and beyond the costs of a mortgage loan, keeping aside cash to cover approximately three months value of rent is one wise safety measure That way, if you have periods when your property lies empty, you can pay off the mortgage Also, fees such as agent fees and maintenance expenses must be borne in brain Managing agents will cost considerably more than simple letting agents Choosing the correct buy to let mortgage is the next most important thing after choosing the right property The mortgage market offer a broad variety of buy to let loans, the majority pitched to endure fluctuations in rental demand Consumers getting in progress in buy to let should look for a flexible, spirited mortgage If you can overpay and take payment holidays from your loan, all the better A better deposit will allow you a greater choice of loans Review your buy to allow mortgage arrangements often and remortgage for a cheaper contract if possibleChoosing your location and property are the total core of successful buy to let methodically researching your target market, finding out which type or property is popular and where, and consulting restricted experts are all high-quality pieces of advice Choosing an area that is saturated with hire properties and keen buy to let investors could be a bad idea, so avoiding very popular areas is generally advisable cost the rent of your property fairly, and if you can have enough money to, offer it for less than the rivalryMaking money out of buy to let is long-term, and should always be regarded so With first-time buyers more and more stretched, rental demand is likely to stay highmonetary services provider launches deal for people looking to find a remortgage - Wed, 28 Feb 2007Today's Most Popular consequences Mortgage Enquiry Form Need Life Insurance ------ Mortgages - in order Mortgages - house ------ Financial Services - houseHouse price inflation information may interest people looking to find a remortage - Thu, 01 Mar 2007None of the information on this website is intended to promote any specific mortgage manufactured goods or provide mortgage advice Mortgagescouk is a non-regulated trading name of monetary Services Net Ltd[Terms & Conditions]more sites:automobile insurance| home insurance |.

Paragon Mortgages reports 6.5 per cent quarterly rent growth by Finance News Bulletin

Published: 25/05/07

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Mortgage borrowers varied, expert claims - Published:21/09/07

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