TITLE

Landlords face 120% mortgage rate rise shock

AUTHOR(S)
Gaynor Pengelly
PUB. DATE
March 2013
SOURCE
Mail on Sunday;3/31/2013, p89
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
THOUSANDS of unlucky landlords are bracing themselves for a 120 per cent increase in mortgage costs in a month as Bank of Ireland forces through a controversial rate rise - and the Financial Services Authority says it is unable to intervene.
ACCESSION #
86438165

 

Related Articles

  • Landlord battle.  // Daily Mail;12/18/2013, p47 

    FURIOUS landlords hit by a shock hike to their mortgage interest rate by West Bromwich Building Society have a date with the lender in court.

  • Market chaos could hold back B2L. Tomlinson, Justine // Mortgage Strategy;10/8/2007, p56 

    The article focuses on the impact of the credit crunch on some highly leveraged landlords in the buy-to-let sector in Great Britain. According to the author, the rising rates could make life tougher for the landlords because repayments will rise and rental calculations will become less...

  • Many borrowers set to face payment shock, says Moody's. Martin, Natalie // Mortgage Strategy;3/22/2010, p8 

    The article reports on the warning given by Moody's Investors Services Inc. which states that 80% of mortgage holders in Great Britanin could face a payment shock if interest rates continue to rise by 2010.

  • buy-to-let watch. YING TAN // Mortgage Strategy;1/21/2015, p14 

    The article analyzes business activities in the buy-to-let mortgage sector in Great Britain. A table presented shows the buy-to-let mortgage rates as of January 21, 2015. The author argues against the proposal of think-thank Civitas to make indefinite leases the norm and the restriction of...

  • Cyprus tax may hike our mortgage rates. Ferghal Blaney // Daily Mail;3/19/2013, p4 

    STRUGGLING Irish homeowners face hikes in mortgage rates because of the shock EU raid on bank accounts in Cyprus.

  • Buy-to-let landlords face more curbs. James Salmon // Daily Mail;12/18/2015, p73 

    BRITAIN'S army of landlords face yet another crackdown amid fears many will struggle to cope when interest rates finally rise.

  • Landlord fight.  // Daily Mail;11/ 6/2013, p43 

    Landlord fight LANDLORDS are set to launch a legal challenge against West Bromwich Building Society for hiking mortgage rates.

  • THE Bank of England has [...].  // Daily Mail;12/5/2015, p89 

    THE Bank of England has warned that landlords with a buy-to-let (BTL) mortgage may be more vulnerable when rates rise than those with a standard residential mortgage. This is partly because BTL mortgages are subject to 'less stringent affordability tests'.

  • THE Bank of England has [...].  // Daily Mail;12/5/2015, p89 

    THE Bank of England has warned that landlords with a buy-to-let (BTL) mortgage may be more vulnerable when rates rise than those with a standard residential mortgage. This is partly because BTL mortgages are subject to 'less stringent affordability tests'.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics