Tenant Arrears
A recent survey by a Law of Property Act receiver estimates that there are 99,000 tenants that are two months overdue on rent. This will be unwelcome news for any holder of a buy to let mortgage portfolio, and although it does not automatically follow that tenant arrears result in a landlord not being able […]
RMBS – is there hope on the horizon?
Bank deleveraging and cheap central bank funding schemes are constraining European securitisation volumes, and Standard & Poor’s Ratings Services believes that UK residential mortgage-backed securities (RMBS) issuance could fall again this year. That said, some specialised mortgage market segments – such as buy-to-let – have begun to slowly re-emerge, which could be mildly positive for […]