The buy to let loan market was hit particularly badly during the recent recession, as both inexperienced and experienced landlords suffered high levels of loan arrears and in many cases, repossession of their investment properties. This in turn led to almost a complete shutdown in new loans from buy to let lenders.
Over the course of [...]
The housing and home owner loan markets as a whole may be struggling to achieve any signs of growth in the current economic conditions in the UK, but one area of the housing market has a very positive outlook for the coming year.
The buy to let loan market has seen a significant increase in new [...]
The main high street banks have come under severe criticism from consumers over the course of the past few years, partly due to their reluctance to provide loans of any kind to individuals or businesses and also due to the high level of bonuses which have been paid to their bosses, despite the failings of [...]
The quantitative easing programme from the Bank of England and the large Government bail out loans to many of the high street banks in the UK were both designed to help restore the flow of loans to those who needed them and in particular to provide business loans and credit to smaller firms who were [...]
Following the most recent recession only just behind us and with the prospect of severe Government cuts looming in the coming months, the UK economy is still in a fragile state. The past few years have taken their toll, with many small businesses closing down altogether and those who still remain, have survived the recession [...]
Throughout the entire credit crunch, the housing and home owner loan markets have remained particularly subdued, but one area which has been affected particularly badly is that of buy to let loans, which had almost stopped completely, as both lenders and landlords withdrew from the market.
Although there have been steady improvements in the loan industry [...]
Prior to the credit crunch, one of the biggest providers of buy to let loans in the UK was Paragon Mortgages, who specialised in buy to let loans on a portfolio basis for professional landlords. However, the lenders stopped offering new loans back in 2008 due to a lack of funding, and concentrated on managing [...]
