Buy to let mortgage without Tax Calculations Before I explain the situation pertaining to mortgages; I need to make clear Niche Advice is a Mortgage Broker not an Tax Adviser, and would stress the importance of staying on top of your tax affairs will the help of an Accountant. If you are a Landlord and have applied for a buy to let mortgage in the last 2 years you would have probably been … [Read more...]
Escaping the payday loan trap by refinancing
If you have taken out a payday loan in the past getting a mortgage will be harder depending on your past conduct and timescales. Payday loans are one way of making the month feel shorter but what can be a “one off” can mean the next month is even harder to navigate. Before you know it there is no light at the end of the tunnel. Borrowing against property using the Second mortgage to clear … [Read more...]
At a Glance Guide for mortgage solutions for CCJs
Don’t let a CCJ stop you getting a mortgage At Niche Advice we will tirelessly to find the best mortgage solution for applicants with County Court Judgments (CCJs). What sets us apart is we do NOT charge upfront fees. That’s right we will do all the leg work and oversee your mortgage application right through to completion before we ask to be paid for our service. We understand that although … [Read more...]
Mortgage guide for foreign nationals on visas
Mortgage guide for foreign nationals on a visa looking to buy in the UK 3 months in UK with 10% deposit There is a lot written about foreign nationals on visas looking to buy in the UK. This article however has been put together with first-hand experience of aiding foreign nationals purchase with the help of a mortgage over the last decade. There is a danger of boxing things up as we … [Read more...]
Mortgage guarantor for a buy to let
Guarantors can help you get your first buy to let A mortgage guarantor for a buy to let can be used each even if your income is low or non- existent and you are a first-time buyer.For example, a mortgage guarantor for a buy to let could be a parent earning £25,000 (or more) and is willing to help you purchase the property – if so you're already halfway there! Frequently Asked Questions … [Read more...]
HMO mortgages for Vulnerable Tenants – Social care
NON-Standard HMO mortgage solutions for landlords If you have been beavering away trying to find lenders that can look at non-standard HMO mortgages then stop you have come to the right place. HMO mortgages with Vulnerable Tenants are hard to come by for casual HMO Mortgage Brokers. They are not visable on industry mortgage search engine tools but they do exist and seasoned HMO Mortgage … [Read more...]
£63.4billion of remortgages could take place from March to June 2019
When was the last time you checked your mortgage? Save money by remortgaging seems like a sensisble action to take after all it's probably your biggest outgoing. A study by Barclays in January 2019 revealed that £63.4billion worth of residential mortgages and almost £5.7billion worth of buy to let mortgages could be reviewed between March and June 2019 as they are outside their early repayment … [Read more...]
CASE STUDY – January 2019 – The discharged bankrupt that was not prepared to wait
This case was the second of two mortgages we arranged for our customer who is a discharged bankrupt. We arranged the original mortgage for a purchase of a new build and he returned shortly after to borrow additional money for his use by his Mother. You may be aware that most Mortgage Lenders require you to wait 6 years after the bankruptcy has expired before they will lend, and he … [Read more...]
NEW Buy to Let Mortgages with good rental calculations and no lender fee
Borrow more on your buy to let without the costs As a Buy to Let Mortgage Broker I’m constantly looking at the market for buy to let mortgages with good rental calculations. I normally resist putting out blogs on buy to let mortgages with good rental calculations as the mortgage market is so dynamic and things chop and change so quickly but this one is so good I see it as my duty to share the … [Read more...]
How do lenders view purchase incentives from Developers
Purchase incentives from property developers to fund part of the deposit or stamp duty or other goods. For many years purchase incentives for property have been offered. The main concentration for purchase incentives is developers of new build plots, and the target market for property incentives is typically first time buyers. From a mortgage lender perspective purchase incentives are often … [Read more...]
