News Tag: SmartLandlord.co.uk
July 29, 2009
British landlords and homeowners will soon be able to mortgage their properties with the Bank of China.
Mortgages from the Chinese bank are offered via four brokers, starting at 2.5% above the base rate.
Bank of China previously focussed on lending to Chinese communities in the UK, but is now widening its scope.
Borrowers will have to attend a face-to-face meeting with the bank ...
Bank of China offers UK mortgages
by David Masters
May 15, 2009
Forcing MPs and Lords to rent London accommodation rather than buy second homes would save the taxpayer over £1 million a year.
Research by SmartLandlord.co.uk found that renting a studio flat in Westminster costs an average of £177 less per month compared to buying.
With 1,372 tenants from the House of Parliament and the House of Lords, rented properties would ...
Rented accommodation for MPs would save £1m a year
by David Masters
