Buy To Let lender sets up help service for landlords

Buy To Let lender sets up help service for landlords


Todays other news
Landlord Today has tried to find out the cost of...
The help looks in particular at the new landlord database...
The event takes place next month...
Small burlap sack with pound sign, wooden houses, and calculator for landlord finance.

A specialist buy to let mortgage lender has launched a range of Renters Rights Act resources designed to help its landlord clients.

These are available through a dedicated page on the Fleet Mortgages website and give practical information about the changes, key dates and areas.

Advertisement

They include an overview of the Act and the issues landlords need to consider now and in the future; a timeline, setting out key implementation dates and forthcoming changes; and questions and discussion points which mortgage advisers use with landlord clients to identify potential risks, opportunities and future borrowing requirements.

Advertisement

A Fleet Mortgages spokesperson says: “The Act represents a major change for landlords, and the Government’s announcement this month means we now have much more detail about the next stage and exactly when landlords across England will need to act.

Advertisement

“The [database] registration service is particularly important because we now know the regional timetable, the three-month registration periods and the £65 annual cost for every property. For portfolio landlords in particular, that cost can quickly add up, while there is also a considerable amount of information they will need to have ready for each property.

“We have produced these resources because we believe advisers have an important role to play in helping landlord clients understand what is changing and what it might mean for their businesses. This does not mean advisers need to become experts on every part of the legislation, but they can make sure their clients are aware of what is coming and point them towards the right information.

Advertisement

“There is also a wider advice opportunity here. Changes to costs and regulation can prompt landlords to review individual properties, their portfolio structure, future purchases and their financing arrangements, and these are all conversations advisers are well placed to have.”

You can see the guide here: https://www.fleetmortgages.co.uk/renters-rights-act-resources-for-advisers/

Advertisement

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Subscribe to comments
Notify of
1 Comment
Oldest
Newest Most Voted
Recommended for you
Related Articles
Person handing over license documents to landlord in office.
Landlord Today has tried to find out the cost of...
Hand holding magnifying glass over wooden house and rent blocks.
Hand holding gavel and penalty bag on wooden background.
Energy efficiency rating chart with house icon and color-coded scale from A to G.
The new standards require a minimum EPC C rating for...
The figures come from lenders' trade body, UK Finance...
Tenants are increasingly discerning, claims the agent...
A prominent agent says he’s expecting a “significant shift” in...
Recommended for you
Latest Features
This is according to an analysis by Hamptons lettings agency...
Landlords debate whether CGT reform could encourage property sales and...
Sponsored Content
The Renters’ Rights Act has sparked widespread discussion around rent...
Thinking About Selling Your Rental Property? Five Things Landlords Should...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

1
0
Would love your thoughts, please comment.x
()
x