Nottingham Letting Agent Property Blog

Apparently the profile of buy to let landlords is changing, and, buy to let lenders are seeing an increase in the number of mortgage applications from first time borrowers. According to mortgage specialist John Charcol, growing numbers of middle-aged homeowners who have substantial equity in their property are choosing to let rather than sell, and are then using the equity released to either buy another property in which to live or are choosing to rent.Some of these new landlords are keen to move but are reluctant to accept a lower price for the property, while others now see their home as...