A simple fact: nothing in life is risk free. But some things are less risky than others, whether that be on an absolute measure or a relative measure. Some things have risks which are easy to understand. Some have risks which can be straightforward to mitigate. Some things are so risky…
Many non-property investors assume that buy to let is all about buying a really nice house, putting a tenant in, and then waiting for prices to increase. And, of course, nothing could be further from the truth. I covered what I consider to be The Number One Reason why buy to let is…
Great news! My mortgage broker has been in touch and has told me that one of his favourite lenders, who incidentally also happens to be one of my favourite lenders and with whom I have multiple mortgages, has revamped their buy to let mortgage product range again. And they’ve brought back an 80%…
I was talking to somebody recently who told me that the way that I invest in property doesn’t work anymore because the banks aren’t lending. I don’t think he really meant that the bank aren’t lending anything at all, but what he really meant was the banks weren’t lending in a way which would…
A New Year, and New BTL Mortgage Rates I’ve had some very good news from my (very good) mortgage broker. One of my favourite lenders have just relaunched their Buy to Let product range which is very positive. 2 year fixed rate 2.79% with 1.5% lenders completion fee up to 75% LTV. 5 year…
I have some fantastic news! Are you fed up of having to wait 6 months between buying a property and then refinancing after the refurb? What if the refurb is finished in 3 months? Wouldn’t it be great to be able to refinance and get on with the next deal? But…
Since I ran the article in my newsletter a few weeks ago about what banks look at when deciding if they’ll lend, I’ve had a few questions around Stress Testing (of buy to let mortgages) and how that works. And, of course, this is an important subject because Stress Testing in effect set’s the maximum amount we can borrow. If you want to do Buy…