Coming soon – LME Move’s landlords’ Buy-To-Let mortgage & re-mortgage service

LME LogoLME Move to launch Buy-To-Let mortgage & re-mortgage assistance

Nationwide property services supplier and co-ordination hub LME Move has announced its intended collaboration with a well respected FCA authorised and regulated group of independent financial advisers and whole of market mortgage consultants earlier this week.

The agreement, when finalised later next month, will see LME Move become an appointed representative of the group and allow the company to introduce its landlord and property investor clients to obtain assistance and access to whole of market Buy-To-Let mortgages and re-mortgages deals.

Timing is everything

Commenting on the agreement LME Move’s Operations’ Director said, ‘With the ever increasing pressure on Buy-To-Let landlords from the recent swathe of rental sector reforms announced by George Osbourne many are considering the best course of action for their portfolios.

We have received numerous requests from our landlords and property investor clients for assistance with respect to mortgage and re-mortgage options.

When it comes to listening to and supporting our clients LME Move always goes one step further. Therefore we are pleased to announce this forthcoming agreement to provide yet another invaluable service for our landlord and property investor clients.’

Obtain assistance and be the first to know4504276

Interested landlords and property investors wishing to review their future or existing Buy-To-Let mortgage options can read more about the service on the LM Experts website here. They can also contact LME Move’s International Marketing Director directly via: mark@lmemove.com

Further information about LME Move’s full range of other nationwide property services for landlords, letting agents and property investors – including gas safety certificates, boiler services, electrical safety certificates, legionella risk assessments, smoke & CO alarms, RICs surveys, out of hours emergency property services and building, plumbing and electrical maintenance services can also be obtained from: mark@lmemove.com or by visiting www.lmemove.comLME Logo

 

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ONS latest house price index published

House Price Index, October 2015 coverage:

UK release date: 15 December 2015

Main findings

• UK house prices increased by 7.0% in the year to October 2015, up from 6.1% in the year to September 2015.

• House price annual inflation was 7.4% in England, 1.0% in Wales, 0.9% in Scotland and 10.3% in Northern Ireland.

• Annual house price increases in England were driven by an annual increase in the East (10.4%) and the South East (9.5%).

• Excluding London and the South East, UK house prices increased by 5.6% in the 12 months to October 2015.

• On a seasonally adjusted basis, average house prices increased by 0.8% between September and October 2015.

• In October 2015, prices paid by first-time buyers were 5.9% higher on average than in October 2014.

• For owner-occupiers (existing owners), prices increased by 7.4% for the same period.

• Average mix-adjusted house prices in October 2015 reached £300,000 in England and stood at £174,000 in Wales, £196,000 in Scotland and £158,000 in Northern Ireland

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Negotiating Skills

3% surcharge on Scottish Land & Building Transaction Tax for second homes & buy-to-let

John Swinney announces move to match Chancellor George Osbourne

Scottish Saltire
In yesterday’s Budget, John Swinney, finance minister for Scotland, matched the move made by Chancellor George Osborne in his Autumn Statement and introduced a 3% surcharge on Land and Building Transaction Tax (LBTT, Scotland’s equivalent to stamp duty) for purchases of second homes and buy-to-let property.

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