New Buy to Let Mortgage Rule from Portfolio Landlords from the regulator. Get set for a tougher underwriting time if you have 4 or More Buy to Let Properties. Buy to let landscape for professional Portfolio Landlords to change in Sept 17 with yet another attack on the Landlords . Those who are avid readers of my buy to let articles will have seen Lenders change their underwriting policies in … [Read more...]
Best rental calculation for buy to let mortgage
Borrow more on a buy to let mortgage with one of the best rental calculation products on the market Which lender has the Best rental calculation for Buy to Let Mortgages? The answer is things change all the time but below is one of the best products currently on the Buy to Let Market to help with purchase and remortgages. As I have previously posted Buy to let mortgage products have … [Read more...]
Buy to Let Mortgage On A Visa
Buy to Let Mortgage On A Visa Tier 1 or Tier 2. Purchase a UK buy to let without permanent rights to reside in the country Yes at last we have a lender in the UK market which can lend on Buy to Let Mortgage On A Visa with a competative rates. There have always been various solutions for mortgage applicants purchasing buy to lets in the UK whilst here on Visas but often the rates and terms have … [Read more...]
Income Multiples for Bad Credit Mortgage products
Bad credit mortgages at 4.5 times income If your looking to find out What the Income Multiples are for Bad Credit Mortgage products then you have found the right place. Mortgages are risk based, as such if there is a lenience towards bad credit then something else needs to give, normally the trade is a lower income multiple. In this article, I discuss how to maximise the income multiple even if … [Read more...]
Stuck on Development finance why not look at Bridge to Let products
How to avoid being left on high interest rate finance with the help of a New breed finance solution ‘Bridge to Let’ If you are a builder then the last thing you need are finance problems with your refurbishment work. Being stuck on a high rate development finance can eat into your profit quickly and tie-up your capital for your next project so a bridge to let product might be what your looking … [Read more...]
Rules for Foreign National Mortgage Applicants
UK lending criteria for Foreign National Mortgage Applicants with a Visa There are two main ways UK Mortgage Lenders look at underwriting around foreign national mortgage applicants living and working in the UK looking to buy a property: Qualify based on Length of time in UK OR Qualify based Length of time left on your current Visa You can may be able to qualify under Rule 1 OR Rule 2, … [Read more...]
Mortgage to include 4 applicants incomes
Mortgage for 4 people using 100% of all incomes to help with affordability. Increase your mortgage borrowing by using incomes from more than 2 applicants Believe me common sense can prevail if more than two incomes are coming into a household then we have access to a Lender that will take them into consideration. That’s right up to 4 applicants incomes can be used when assessing affordability … [Read more...]
Mortgage Product Transfer vs Remortgage
Advantages and Disadvantages of opting for a mortgage Product Transfer and staying with your exciting provider rather then a Remortgage. As part of my role as a Mortgage Advisor I look after my clients with their initial mortgage (as you would expect) but also take great pride when their mortgage comes up for renewal by using mortgage product transfer or remortgages to save them money. As a … [Read more...]
Mortgage declined time to speak to the experts.
Mortgage declined by your bank we have helped many clients just like you. Being turned down for a mortgage by your bank is often a shock and unpleasant experience at the end of the day no one wants to get a Mortgage declined but these things happen all the time . You could have been banking with them since you started work and now feel it’s been a one-way street to their advantage now they have … [Read more...]
Not on the Right to Buy papers can I get a Mortgage
Mortgages to help buy my family home but when not on the Right to Buy papers The Local Authority does not want everyone to buy their council home. What’s more barmy is even when you are living there you can be excluded. Furthermore as an earner within the household the council calls on you to contribute towards costs, admitting your vital role, but can still refuse to add you on the Right to Buy … [Read more...]