A recent industry wide survey by the Intermediary Mortgage Lenders Association (IMLA) demonstrates that Express Mortgages is one of the top performing brokers within the UK. On average, a Mortgage Broker will complete 69% of all applications they submit on behalf of their clients. Of course many brokers complete an even lower percentage of applications, Express Mortgages however had a completion rate of 83% in quarter 4 of 2015. IMLA concludes that the best brokers are, “evidently highly effective at matching borrowers with the product best suited to their needs, and we expect them to build upon this success as they continue to get to grips with adjustments to the.. read more →

03 Dec 2015
December 3, 2015

Is Buy to Let still a good investment?

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An editorial from one of the Directors at Express Mortgages on recent Government announcements affecting Buy to Let Landlords: As well as owning a share of Express Mortgages I also own a number of Buy to Let properties with my wife. Naturally you would assume my position would be to play down the impact of Mr Osborne’s “tax attack” on Buy to Let, but unlike many of my industry colleagues I’m not going to do that. We can’t simply ignore the changes but neither should we push the panic button like many media commentators have done. One important point to make is that some properties were a bad investment in.. read more →

28 Feb 2014
February 28, 2014

Buy to Let rockets as house prices soar

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Most lenders are intimating they have a greater appetite in 2014 to grant more Buy to Let mortgages and city analysts predict that by 2020, the private rented sector will have doubled from 2008 levels to 20% of the UK housing stock. Yes, 1 in 5 houses will be privately rented out providing an income for their owners.* Here at Express Mortgages, almost half of the Buy to Let mortgages we transacted for our clients in 2013 were for ordinary folk talking their first steps towards becoming a landlord. This is understandable because savings rates are rock bottom, and the usual blue chip stock market investments have been yielding far less income than in.. read more →