{"id":130070,"date":"2022-09-30T01:45:46","date_gmt":"2022-09-29T18:45:46","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-landlords-facing-financial-cliff-edge-after-mini-budget\/"},"modified":"2022-09-30T01:58:40","modified_gmt":"2022-09-29T18:58:40","slug":"buy-to-let-landlords-facing-financial-cliff-edge-after-mini-budget","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-landlords-facing-financial-cliff-edge-after-mini-budget\/","title":{"rendered":"Buy-to-let landlords facing financial cliff edge after mini-budget"},"content":{"rendered":"


\nMortgage market meltdown has left many amateur landlords facing a stark choice: to raise rents or sell upBritain\u2019s amateur landlords have benefited from years of runaway house price inflation, while intense competition among tenants has sent rents soaring. Now, thanks to the meltdown in the mortgage market triggered by last week\u2019s disastrous mini-budget, many face a financial cliff edge.Figures shared with the Guardian show that the number of new buy-to-let mortgage deals available has plummeted by 55% in less than a week as lenders frantically pulled products and in many cases increased prices. Continue reading…
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\nSource : theguardian.com
\nRead more…Buy-to-let landlords facing financial cliff edge after mini-budget<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mortgage market meltdown has left many amateur landlords facing a stark choice: to raise rents...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-130070","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xPU","jetpack-related-posts":[{"id":99916,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taxes-on-buy-to-let-landlords-have-not-pushed-up-rents-study-says\/","url_meta":{"origin":130070,"position":0},"title":"Taxes on buy-to-let landlords have not pushed up rents, study says","date":"October 16, 2018","format":false,"excerpt":"\r Generation Rent says number of first-time buyers has risen despite landlords\u2019 warningsWarnings by landlords that taxes on buy-to-let would cripple the property market, driving down supply and pushing up rents, have turned out to be entirely hollow, according to research by campaign group Generation Rent.It found that since the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140230,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sharp-rise-in-landlords-and-homeowners-in-mortgage-arrears-data-shows\/","url_meta":{"origin":130070,"position":1},"title":"Sharp rise in landlords and homeowners in mortgage arrears, data shows","date":"November 10, 2023","format":false,"excerpt":"\r Number of buy to let mortgages in arrears doubles in a year as amateur landlords struggle with interest rate risesBusiness live \u2013 latest updatesThe number of buy to let mortgages in arrears has doubled in a year while the number of homeowners falling behind on payments has also jumped,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-buy-to-let-mortgage-lenders-fall-after-report-reeves-plans-rent-freeze\/","url_meta":{"origin":130070,"position":2},"title":"Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze","date":"April 28, 2026","format":false,"excerpt":"\r FTSE 250 firms Paragon and OSB Group, owner of Kent Reliance and Precise Mortgages, slide on London Stock ExchangeRachel Reeves considering rent freeze to limit Iran war falloutBusiness live \u2013 latest updatesShares in some of the UK\u2019s biggest buy-to-let lenders such as Paragon and One Savings Bank have fallen\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134935,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-was-a-massive-shock-the-tenants-facing-eviction-as-landlords-raise-rent-or-sell-up\/","url_meta":{"origin":130070,"position":3},"title":"\u2018It was a massive shock\u2019: the tenants facing eviction as landlords raise rent or sell up","date":"February 24, 2023","format":false,"excerpt":"\r Renters hit by increases as high as 20%, with owners seeking to absorb increased mortgage costs\u2018Lots of us are very anxious\u2019: why buy-to-let landlords are sellingLaura Hayton, 46, a part-time project manager in the public sector and single mother from south Devon, had been renting her house for six\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134603,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-are-rebranded-as-house-hackers-and-capitalism-is-sanitised-once-again-arwa-mahdawi\/","url_meta":{"origin":130070,"position":4},"title":"Landlords are rebranded as 'house hackers' \u2013 and capitalism is sanitised once again | Arwa Mahdawi","date":"February 21, 2023","format":false,"excerpt":"\r On TikTok, live-in landlords are described in a way that sounds less elitist and exploitative, more tech-driven and cool. And don\u2019t get me started on \u2018yimbys\u2019Allow me to introduce you to one of the most annoying phrases in the modern English language: house hacking. 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