Buy To Let News 2014 Direct

: Rental yields in England and Wales averaged around 4.9% toward the end of the year. Perspectives on the 2014 Market

: Campaign groups like Generation Rent highlighted that high rental returns were effectively "killing the dream of home ownership" for millions. buy to let news 2014

: Low savings rates and plummeting mortgage costs (following the Bank of England's 0.5% base rate) made property an attractive alternative to traditional savings. : Rental yields in England and Wales averaged around 4

A significant development was the implementation of the Financial Conduct Authority's (FCA) on April 26, 2014. requiring detailed proof of spending habits.

: The MMR introduced tougher affordability checks and "stress tests" for residential borrowers, requiring detailed proof of spending habits.