Cardiff Letting AgentLandlordTenant FindersProperty Letting ManagementUK Property BlogFind a Property to Rent Contact Us
Cardiff Letting Agent
Find Your Next Tenant for £120
Landlord
Mortgage
Deposit
Tenant
HMO
Viewings
Rent Guarantee Scheme
Legal
Free Tenant Finder
House Prices
Student Accommodation
Health & Safety
Tenant of the Week
Rent Prices
Agent Fees
Market Research, Polls & Surveys
Tenant Referencing
Canton
Random
Google Referencing
#propertyscandal
October, 2011
November, 2011
December, 2011
Mortgage

Buy-to-let mortgages accounted for the highest proportion of brokers’ business in Q3 since Paragon Mortgages started recording the data at the beginning of 2007, research from the lender has revealed.

Buy-to-let deals accounted for 24.3% of mortgages processed by intermediaries in Q3, up from 20% in Q2.


Residential owner-occupier mortgages accounted for 66.6% of intermediary business, down from 72.2% in the previous quarter.

The survey also reveals that 43% of brokers reported an increase in buy-to-let business levels, compared to 7% who said business levels fell.

On average, intermediaries saw a 3.1% rise in buy-to-let business in Q3.

In addition, 58% of respondents said the availability of buy-to-let finance improved in Q3, while 31% said it stayed the same.

John Heron, managing director at Paragon, says: “It is positive to see that buy-to-let accounted for a growing percentage of intermediaries’ overall business levels during Q3.

“Given the pressures on the private rented sector, it is important that landlords continue to be active purchasers and develop their portfolios.”

He adds that there are plenty of opportunities for brokers to further develop their buy-to-let business, but argues more needs to be done to deliver products and advice to large-scale landlords.

WebLetz a Cardiff Letting Agent provides a host of letting agent solutions for landlords in Cardiff and across South Wales including:
·         £120 Professional Tenant Finders service
·         5% Property Management  fee
·         Rent Guarantee and Rental Income Insurance
·         HMO tenant finders and property management services
Webletz a Cardiff Letting Agent can be contacted via email info@webletz.co.uk  or by telephone 0845 496 0000.
 Why not visit Cardiff Letting Agent  to register for our FREE guides:
Reduce Void Periods and Receive Rent on Time
 
 
We have tenants available and looking for properties across Cardiff including Adamsdow, Splott, Tremorfa, Roath, Llanedeyrn, Cyncoed, Penylan, Rumney, Llanrumney, Trowbridge, St Mellons, Plasnewydd, Pentwyn, Pontprennau, Llanishen, Lisvane, Rhiwbina, Pantmawr, Coryton, Tongwynlais, Morganstown, Radyr, Radyr Court, Fairwater, St Fagans, Llandaff, Ely, Caerau, Culverhouse Cross, Canton, Leckwith, Grangetown, Cogan, Llandough, Penarth, Dina Powys, Cardiff Bay, Butetown, Gabalfa, Llandaff North, Thornhill, Heath, Maindy and Cathays
<< Back Add New Comment
0 items total
Add New Comment
Name*
Subject*
Comment*
Please type the confirmation code you see on the image*
Reload image


Cardiff Letting Agent|Landlord|Tenant Finders|Property Letting Management|UK Property Blog|Find a Property to Rent| Contact Us