Buy-to-let products complemented by strong criteria that meets the needs of the intermediary and their landlord clients. Available to Individuals and Limited Company/LLP borrowers
On December 1st, 2023, the government introduced a new legislation amendment that will bring changes in the way council tax is charged for Houses in Multiple Occupation (HMOs). The legislation, called ‘The Council Tax (Chargeable Dwellings and Liability for Owners) (England) Regulations 2023’, brings two significant changes: This legislation signifies a shift in the way …
New Legislation Means Landlords to Pay Council Tax for HMOsRead More
As we move forward into 2024, there seems to be a sense of optimism in the air. With UK inflation on a downward trend, the Bank of England (BoE) keeping the base rate at 5.25%, and several significant sporting events on the horizon, including the Men’s UEFA Euro football tournament, the T20 Cricket World Cup, …
Following the recent announcement by Prime Minister Rishi Sunak that homeowners and landlords will no longer be required to improve the energy efficiency of their properties to a minimum rating of C or above, many landlords may be questioning their plans to improve the EPC rating on their rental properties. However, in our opinion, landlords …
Why is it crucial for landlords to continue their EPC improvements efforts?Read More
Quality tenants are the backbone of any successful rental property business. They pay rent on time and take better care of the property, resulting in fewer problems. But with landlords under pressure to increase rents during the ongoing cost-of-living crisis, how can landlords ensure they maintain their longstanding, quality tenants? To successfully navigate this challenge …
Benefits to Landlords of keeping and attracting quality tenants.Read More
According to a government report1, the housing in the UK is among the oldest and least energy-efficient in Western Europe. The report states that around 19 million homes in the UK lack energy efficiency, and there are several reasons for this. Firstly, a large proportion of homes in the UK use gas boilers for heating, …
If you have a landlord client who is looking to purchase their first House in Multiple Occupation (HMO) or Multi-unit Freehold Block (MUFB), there are several important factors they should consider: 1. Licensing Requirements Depending on the location of the property, landlords may need to obtain a license from the local council to operate an …
Top 10 considerations for landlords purchasing their first HMO or MUFBRead More
In a speech on the 19th April at the London Institute of Banking & Finance Mortgage Conference, David Geale, the FCA’s Director of Retail Banking highlighted that green mortgages have a growing role to play in decarbonising the UK’s housing stock. He also sees brokers playing a pivotal role in helping borrowers navigate a complex …
Brokers are crucial in helping landlords find the right green mortgage.Read More
A recent survey of 500 landlords* found that 59% would exit the market if the expected deadline of 2028 to upgrade properties to a minimum EPC C rating is introduced. This new legislation could make it challenging for landlords to purchase additional buy-to-let (BTL) properties or upgrade existing properties which require works to be carried …
CHL Mortgages has the EPC improvement mortgage solutionRead More
