The supply of new homes continues to be an ongoing concern for potential homeowners, renters, landlords and pretty much everyone in and around the housing market. This was evident in recent government data which outlined that only 181,810 new homes were completed across the UK in 2021, 40% below the well-documented target of 300,000 new …
70% of portfolio landlords expect to remortgage or consolidate loans in the next 12 months
A webinar poll conducted by CHL Mortgages, the intermediary-only specialist buy-to-let lender, suggests that 70% of portfolio landlords expect to remortgage or consolidate loans over the next 12 months. When breaking this down, over half (53%) of broker respondents had one to five portfolio landlord clients who would remortgage or consolidate loans in 2022. Interestingly, …
70% of portfolio landlords expect to remortgage or consolidate loans in the next 12 monthsRead More
CHL Mortgages added to Brilliant Solutions’ lending panel
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has been added to Brilliant Solutions’ lending panel. This partnership will provide Brilliant Solutions’ membership of directly authorised (DA) brokers with access to CHL’s extensive specialist buy-to-let product range. This is available to first-time landlords, portfolio landlords and limited companies covering a variety of BTL investment vehicles including …
CHL Mortgages added to Brilliant Solutions’ lending panelRead More
Act now to help your clients combat potential rises in Buy-to-Let rates
In line with the expectation of many economists, the Bank of England has just announced a rise in the base rate of 0.25% taking it to 0.5%. Previously, in December 2021, we saw the first rate hike for more than three years when the base rate increased by 0.15%. This is largely due to inflation …
Act now to help your clients combat potential rises in Buy-to-Let ratesRead More
CHL Mortgages adds Mil Consiglio to BDM team
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has appointed Mil Consiglio as a BDM to cover the West Midlands. Mil has been working within financial services for 12 years and joins CHL from Vida Homeloans where he held the position of Key Account Manager for the past three years. Prior to that, he spent five …
Back to the Buy-to-Let Future
Let’s take a trip back in time for a moment. Just over five years ago, following a review of the buy-to-let market, the Prudential Regulation Authority (PRA) announced its expectations around firms’ underwriting standards across the buy-to-let market. The intention of this review was to bring all lenders up to prevailing market standards and guard …
CHL Mortgages teams up with Mortgage Intelligence
CHL Mortgages, the intermediary-only specialist buy-to-let lender, has teamed up with Mortgage Intelligence to increase its distribution footprint for both ARs and DAs. Mortgage Intelligence, owned by property services company Connells Group, runs three appointed representative networks and Next Intelligence DA mortgage club with 4,500 members specialising in mortgages, protection and general insurance. CHL’s product …
The value of a healthy rental market to the UK economy
It’s somewhat of an understatement to say that certain individuals, businesses and sectors have faced a torrid time over the course of the pandemic. Thankfully, the housing and mortgage markets have remained resilient during this period and we are now experiencing a rise in confidence and business levels across the economy as lockdown restrictions are …
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