mortgages finally decreasing on price
On an average it has been confirmed
mortgages are getting cheaper and are getting in
the range of residential mortgages, simply indicating a cheap
way into the rental market for new potential investors.
The Financial Times has concluded that
many lenders today are looking to appeal on buy-to-let
mortgages leading to securing certain property deals.
With buy-to-let mortgages
being cheaper, figures have also emerged of rising loan to value
percentages, leaving homebuyers to leave a smaller deposit with
lower rental income regulations.
The government recently has introduced
transparency for residential leaseholders. They are trying to
give new investors a chance to get into the property market.
Baroness Andrews, Housing minister
commented: "The measures will ensure tenants are better informed
about their rights and obligations. For too long, some people
have been left unclear about what is expected of them and what
they can do if they are unhappy with the charges."
It is always important to look at all aspects
when taking on a mortgage
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