Using Net Profit criteria for mortgage affordability for shareholding directors. Want to know how you can borrow more using your Net Profit for a mortgage then you have come to the right place. Traditionally Mortgage Lenders have looked at the … [Read more...] about Mortgages based on net profit of a limited company
Getting a Mortgage with a decree in Scotland
Obtaining a mortgage with a decree | Scottish equivalent of CCJs Too much gumpth can confuse when trying to get a mortgage with a decree registered against your credit file. I have therefore put together a simple Decree Mortgage Guide in an attempt … [Read more...] about Getting a Mortgage with a decree in Scotland
Remortgage of bridging loan within 6 months at current market value
Buy to Let Capital raising within 6 months of purchase up to 80% LTV of the current open market value. Have you taken out a short term bridging loan to do up a property? If so you are likely to want to replace this with a traditional mortgage, … [Read more...] about Remortgage of bridging loan within 6 months at current market value
Buy to let rental income for affordability assessments
100% of Buy to let rental income used to buy your new residential mortgage Firstly, I must start by saying that most Mortgage Lenders will NOT take Buy to let rental income into consideration when you are looking to purchase a property to live in. … [Read more...] about Buy to let rental income for affordability assessments
Mortgages for Care Workers
If you reading this article you are probably in the care professionand found it difficult to get a mortgage, this is where we may be able to help. At Niche Advice we will work with the mortgage lenders on your behalf to help them understand the … [Read more...] about Mortgages for Care Workers
How long should I fix my mortgage for?
10 Year Fixed rate choices The Bank of England Governor, Mr Carney told the BBC in April: “Prepare for a few interest rate rises over the next few years.” In wake of the news some Mortgage Lenders reacted by increasing their mortgage rates on … [Read more...] about How long should I fix my mortgage for?
Ex Pat mortgage options – remortgage a UK property when you are abroad
Ex Pat mortgage - buy to let or second home solutions The Ex Pat mortgage products often evoke a plethora of questions so I have picked on some of the more regular ones and provided a frequently asked questions summary before which … [Read more...] about Ex Pat mortgage options – remortgage a UK property when you are abroad
GDPR Newsletter Update
You will have received finance Newsletters from me down the years which I hope you have found helpful. A mortgage is likely to be the greatest outgoing in your life, and digesting regular guidance could truly save money, and help you and your … [Read more...] about GDPR Newsletter Update
How much mortgage deposit do I need to buy a property
A mortgage deposit is the amount you are contributing towards the purchase of the house. It is does not factor in moving, legal or tax costs; it is solely the difference between the purchase price and the mortgage amount. For example, if you were … [Read more...] about How much mortgage deposit do I need to buy a property
Joint Borrower Sole Proprietor Mortgage
Happy to go on your children's mortgage but do not want to trigger higher stamp duty You’ve probably heard the countless radio ads saying you can guarantee a personal loan but what about guarantor mortgages? In the 80s and 90s guarantor mortgages … [Read more...] about Joint Borrower Sole Proprietor Mortgage
