The tax changes, announced in the 2015 Summer Budget by then Chancellor George Osborne, are being phased in over three years from April 2017 and mean higher-rate taxpayers can no
Tag "John Heron"
Buy-to-let LTVs falling
In the first quarter of 2016 the typical LTV fell by 2% to 35%, while this trend has gone on for some time since average gearing stood at 42% in
Property investors brace themselves for tax changes
Landlords are increasing rents (24%), maintaining their current supply of properties without buying more (21%) and are selling some of their properties (16%). John Heron, managing director at Paragon Mortgages,
Property investors return to market
BDRC surveyed more than 1,000 private rented sector landlords and found that, while confidence remains low among landlords as a result of recent government interventions in the buy-to-let market, buyers are
Landlords shift investment towards upgrading
Paragon Mortgages’ latest Private Rented Sector (PRS) Trends report, based on interviews with a panel of more than 200 landlords, shows landlords strengthening their credit profiles as they shift investment
Paragon updates criteria for limited company landlords
The specialist buy-to-let mortgage provider has removed the exclusivity borrowing restriction for limited company landlords, meaning they can make best use of holding their properties in a corporate structure. John
Landlords look to go limited
Of the landlords surveyed, 41% indicated that they are considering moving their buy-to-let portfolio into a limited company following the Chancellor’s decision to limit tax relief available to landlords last
Paragon refreshes buy-to-let range
The five year fixed rate products can either increase in rate each year until the end of the term or decrease depending on the landlord’s preference. The launch comes as
Investors happy with buy-to-let
Paragon’s latest PRS trends report, based on data collected through Q3, also reveals that property investors expect conditions to remain stable over the medium term. On indicators of future confidence, such as
Most landlords expect arrears to hold steady
The lender’s PRS Trends Survey results for the second quarter showed a 4% increase in those landlords who felt tenant rental arrears would remain stable, the third successive improvement. The