Will This Push Property Values Higher?

This one may have slipped under the radar, but it could have a meaningful impact on the housing market over the next few years — and on buy to let investors in particular. Back in March, lenders were given the green light to relax mortgage stress tests for some residential borrowers on fixes under five years. In simple terms, that means some buyers may now be able to borrow more than they could before. That sounds like good news… but as ever with property, it’s not quite that simple. In this video I cover: What mortgage stress tests actually are (and why they mattered) What’s changed — and what hasn’t Why relaxed stress tests could push house prices higher What Savills think this could mean for transactions and prices Why this matters to buy to let investors, even though the rule change is residential Why some BTL lenders are quietly cutting stress test rates anyway And why you still need to stress test your own deals — even if the bank doesn’t Some lenders clearly think interest rates are heading down and the market is stable enough to loosen things slightly. That could make refinancing and new borrowing easier for investors — but only if the wider economy cooperates. As always, don’t get carried away by headlines. A half-percent tweak won’t save a bad deal. ⚠️ Important: This is not advice. Always run your own numbers and speak to a good mortgage broker before making decisions. If you’d like an introduction to a very good mortgage broker, or want a second opinion on your borrowing options, just email me at: thepropertyteacher@gmail.com Here's to successful property investing Peter Peter Jones Author, property investor, ex Chartered Surveyor https://www.ThePropertyTeacher.co.uk PS. By the way, I’ve rewritten and updated my best-selling e-book, The Successful Property Investor’s Strategy Workshop, which is an account of how I put together my multi-property portfolio, starting from scratch and with no money of my own, and how you can do the same. For more details, please go to: https://thepropertyteacher.co.uk/the-successful-property-investors-strategy-workshop/ And I've rewritten and updated my best-selling e-book, The Successful Property Renovator’s Workshop, will show you how to organise and undertake your renovations and guarantee yourself a profit every time – based on the more than 100 property renovations I have undertaken over the last 25 years. For more details, please go to: https://www.propertyrenovationprofits.co.uk/the-successful-property-renovators-workshop/ You might also be interested in: 63 Common Defects In Investment Property and How to Spot Them https://www.thepropertyteacher.co.uk/63-common-defects-investment-property-spot/ Goal Setting to Property Success in 5 Simple Steps https://www.thepropertyteacher.co.uk/goal-setting-property-success-5-simple-steps/ For my online video courses, please click here: The Quick Start Guide to Buying the Right (Buy to Let) Investment Property https://www.thepropertyteacher.co.uk/the-quick-start-guide-to-buying-the-right-investment-property/ The Property Portfolio Accelerator Plan (How to go from 1 to 10) https://www.thepropertyteacher.co.uk/the-property-portfolio-accelerator-plan/ And if you are looking for finance, or would like some advice on buy to let mortgages, bridging finance, development finance or any aspect of property finance, I’ll be very happy to put you in touch with my very good mortgage broker. Please just email me and I’ll make the introduction: Thepropertyteacher@gmail.com #buytoletfinance #buytoletmortgages #propertyinvestingUK