Consolidate personal debt, Raise money , Pay tax bill, complex income streams a second mortgage might be the right solution for you. Money can be tight particularly in the months of December, January and February so I thought I’d write today about the virtues of a Second Mortgage product. A Second mortgage product can be used to borrow anything from £3,000 up to £2,500,000 … [Read more...]
Buy to let capital release keep the good mortgage rate and still raise money
Buy to let capital release to fund deposits I speak to Landlords daily and often hear impart this sentiment: “My current interest rate on my buy to let mortgage is great so I don’t want to change it. However the property has gone up in value and I want do a Buy to let capital release to fund my portfolio expansion”. Why do I hear this so often? Well pre credit crunch the Trackers were … [Read more...]
Finance options for short time self employed applicants
What are your finance options if you have been Self employed for a few months and need to raise money Niche Advice has access to many different types of Finance options. If you have only been self employed for a few months getting a standard mortgage using your income will be very difficult and would need to very good prior experience in the same field. For a standard Mortgage we now have access … [Read more...]
Debt consolidate and keep the existing interest only mortgage
Need to raise money but want to keep the existing interest only mortgage Interest only mortgages are by and large reserved for the rich these days so capital raising can be a real problem if the lenders won’t allow you to remortgage. but we have a way where you can keep the existing interest only mortgage. That’s right most lenders have a notional minimum salary and equity requirement before … [Read more...]
I need to Remortgage but my credit report shows missed mortgage payments
Getting finance with Missed mortgage payments in the past In experience missed mortgage payments are the by-product of an event but lenders and other brokers may not even give you the chance to explain and write you off. From my perspective I would, as a valued Mortgage Broker, always listen and not judge, take the time to understand why you’ve had the set back and fight your corner to get … [Read more...]
Borrow up to 7 times income with a Second Mortgage
Want to borrow up to six or seven times your income if so a Remortgage may not be your best option. Debt consolidate and capital raising options Most mortgage lenders limit borrowing to 4 to 5 times your income but we have access to specialist second mortgages that may stretch this to 6 to 7 times your income allowing you to borrow more. How does it work? Well you keep your current … [Read more...]
Secured Loans On Buy to Let Properties
Consolidating debt and capital raising on secured loans on buy to let properties Secured loans can be an effective way of consolidating personal debt; and when secured on buy to lets they could drive down your property income tax bill in the process by offsetting the increased mortgage balance against your rental profit. Unlike first charge lending the tolerance to adverse credit and short … [Read more...]
Secured loan with bad credit for Buy to Let Properties
Secured loan with bad credit may be an option if you need to raise extra equity from your Buy to Let properties. Over the last year I have spoken to many applicants who are existing landlords but were caught up with the recent financial crisis which has had an historic effect on their credit profile so I think its worth writing a bit on Secured Loans with Bad credit for Buy to let … [Read more...]
Secured loan with bad credit
If you’re looking at getting a secured loan with bad credit, I hope this article clarifies some of the key aspects on this type of product. A secured loan is essentially a second loan put behind a traditional first charge mortgage. The secured element comes from the right the Lender will have to potentially repossess the property should there be a failure to pay the debts. So in short, if you … [Read more...]
Getting a loan quickly to pay HMRC tax Bill
I have a huge tax bill and need to raise some money urgently on my assets - can you help me get a loan to pay a HMRC tax bill? If you are one of thousands of people who are currently looking to pay their tax liability then you know how urgent it is to find a fast solution to make payment. I’ve been inundated with enquiries in relation to raising additional funding to pay a tax bill via … [Read more...]