I’ve just had some exciting news from my mortgage broker about a new buy to let mortgage product. There are two 2year and two 5 year fixed rate products all available up to 75% loan to value. The rates on the 2 year product start at 4.8% if the property has an…
Back in the day, new build flats were an extremely popular way for investors to jump into buy to let. But with the crash of 2007/8, many lenders shied away from lending on them, or at least on terms that made any sense to the buyer. Is this still the case? And what do…
One of our specialist lenders has announced the launch of new lifetime Base rate tracker products available to both Ltd Co & individual Landlords up to 75% Loan to value or purchase price. · Lifetime tracker current rate 4.99% (1.99% + Base rate) with no early repayment charges, 3% lender completion fee (can…
The last 12 months have been a roller coaster ride for buy to let mortgages. This time last year, at the time of the Liz Truss budget, there were only about 1000 buy to let products available. But now, today, there’s around 2,500 buy to let mortgage products. The bad news, of course, is that…
Ahh, this seems to be one of those surprisingly emotive and emotional subjects. I never fail to be surprised at the number of newbie property investors who hope to be able to draw down and borrow large sums of money, without having make some sort of commitment to the bank to pay it back!…
If you are going to buy investment property using a buy to let mortgage you’ll probably want to know about the Six Month Rule. What’s surprising is that it is more of a guideline than a rule, and not every lender subscribes to it. Even more surprising, perhaps, is that “The Rule” still…
One thing which seems to concern a lot of (particularly new) buy to investors is, “if I buy into a limited company (for tax reasons) will I find a buy to let lender who’ll be prepared to lend to me?” The answer is yes, you will (almost certainly) find a lender. Since the…
I’ve just had some exciting news from my mortgage broker about a new buy to let mortgage product from one of my favourite lenders. There are two 2 year and two 5 year fixed rate buy to let mortgage products all available up to 75% loan to value. The rates on the 2…
I’ve had a new update from my mortgage broker. One of his favourite lenders has just updated their mortgage range for personal ownership and limited companies, for buy to lets and for HMOs. The great thing is there are ‘no fee’ options and refunds for valuation fees (up to £650). Here are the main headlines:…