Coventry has launched its Flexx fixed buy-to-let mortgage. The rate is fixed at 4.99% until September 30 2009 with no early redemption charges and free valuation.David Stewart, operations director at Coventry, says: “This offer is a win win for landlords – a low interest rate, no early repayment charges and the flexibility to make unlimited overpayments.”
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From Andrew Forsey The Mortgage Business’ computer problems are affecting my clients’ credit profiles. Recently, two have been declined for new mortgages with another lender as they are shown as having missed payments in the past 12 months with their lender, TMB. This has come about because, during TMB’s switch to its new computer system, […]
Conti Financial Services Limited has launched a residential mortgage scheme for the Czech Republic. Alan Goss, regional manager for Eastern Europe at Conti, says: We have entered the Czech Republic because the political and economic situation there is sound, we understand the buying and lending processes for both investors and Czech nationals and the property […]
Residential rents have picked up at their fastest pace in four years, the Royal Institution for Chartered Surveyors’ latest lettings survey has revealed.Tenant demand for rented property continues to rise in the quarter to July, having held firm over the previous quarter. Demand is strongest for flats as prospective first-time buyers still struggle to get […]
Ansar Housing has revealed the development of its Property Purchase Agreement, a form of contract that is free of interest and that accords with Islamic principles of contract law.Under the Property Purchase Agreement, Ansar and the client will form a partnership under which both parties jointly purchase a property. The home-buying client will then rent […]
Health Shield has strengthened its position in the cash plan market, according to the latest Laing & Buisson report, increasing its market share by income from £27m in 2012 to £29m in 2013. The Health Cover UK Market Report 2014 revealed that the non-profit-making Friendly Society was the only provider in the top four to have increased its market share by income over the past year. Health Shield was also the only cash plan provider in the top four to have increased its market share by income every year for the previous five years. This infographic presents the figures.
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