Buy to Let Mortgages

Buy to Let Blog

Ying Tan's Blog

Ying Tan is widely acknowledged as the guru of the Buy to Let mortgage Industry and expert on the property investment housing market.

Ying is regularly called upon by the mortgage media to provide comment on all areas of the market and is a regular speaker at various events.

In 2010, Ying was voted Best Specialist Mortgage Broker at the prestigious British Mortgage Awards by senior figures within the mortgage Industry.

Ying's blog will be updated frequently to provide an insight into his thoughts about what is happening in the Buy to Let market place.

Tax Relief Changes – Case Studies

Posted 06/04/2017

From today the mortgage interest tax relief available to landlords is being reduced.

We have known about this for some time now and most landlords will have been diligently doing their sums to work out exactly how the changes will affect them personally. Indeed, I was pleased to read that apparently 78% of landlords now feel that they are aware of the implications at an individual level.

However, for those landlords still feeling a little uncertain it is worth taking the time to look at the government’s guidance which includes a number of useful case studies:

https://www.gov.uk/guidance/changes-to-tax-relief-for-residential-landlords-how-its-worked-out-including-case-studies

Although the effects may not be felt in your bank balance immediately, a full understanding is vital to ensure that there are no unpleasant surprises further down the line.

Look to the north?

Posted 27/03/2017

According to Hometrack’s latest UK Cities House Price Index property prices in Manchester are rising faster than any other city in the UK, with an 8.8% increase in 12 months.

Portsmouth is second with 8.1% while Bristol, Glasgow and Birmingham make up the top five. London has dropped to 10th place in terms of growth. Interestingly average property prices in Manchester stand at £152,000, which is still considerably lower than in many other major cities. It’s not surprising therefore that Manchester is becoming a favourite with landlords. Indeed according to online lettings agency Upad, Manchester has seen buy to let investor interest rise by 100% in January. Is now the time to look to the North?

The importance of the PRS

Posted 13/03/2017

According to the English Housing Survey published earlier this month, there are almost one million more families in the private rented sector than there were 10 years ago.

There are many reasons for this. Mortgages are harder to come by of course and wages have been stagnant since the credit crunch. Furthermore, of course, lifestyles have changed and the flexibility renting offers has become more appealing. Whatever the reason for the increase in renters, this figure shows just how important the PRS is. We need to protect it and we need to support landlords, not target them.

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