Should I structure my buy to let as “Tenants In Common”? Should you structure your buy to let as “Tenants In Common” is a good question. Tenants In Common” is one of the most useful tools from a financial planning perspective including buy to lets. Detailed tax advice should also be sort from an Accountant or Solicitor. I’m a Buy to Let Mortgage Broker and see it as my responsibility to … [Read more...]
Do I need to get a new mortgage following the HMO licencing changes?
Do I need to get a new mortgage following the HMO licencing changes? When do I have to obtain a HMO licence? Normally you’re obliged to inform your Mortgage Lender of any significant material changes to the property or its tenancy arrangements. For example if the mortgage was taken out on the basis of a let to a single family and now it’s a Multi-let or House in Multiple Occupation (HMO) they … [Read more...]
Extend your Birmingham Midshires mortgage term for free
My Birmingham Midshires mortgage term is too short how do I change this? Product Transfer service for Birmingham Midshires / BM Solutions with No Broker Fees from Niche Advice. I’m coming across more and more landlords that want their buy to let mortgages to run for a longer duration including those with BM Solutions (formerly known as Birmingham Midshires ). It’s understandable particularly … [Read more...]
Portfolio Landlords Buy to Let Mortgage changes in September 2017
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 Limited Company Mortgage
Why people are looking at buy Buy to Let Limited Company Mortgage products more and more. The statisticians have been going to town this week reporting on the perceived demise of buy to let mortgages but from our experience the new breed of buy to let limited company mortgages are helping to put the brakes on. The stats say first time buyer purchases are at an all-time high since the … [Read more...]
Buy to let mortgage Liability Partnership LLP
Tax efficient Buy to let mortgage Liability Partnership LLP The planned taxation changes have sent the buy to let mortgage market off in tangents; many of the Landlords I talk to are contemplating purchasing or remortgaging under a limited company for their next project, but every now and again, I get a request for a Buy to let mortgage Liability Partnership LLP. In most instances the clients … [Read more...]
Best Buy to Let Mortgage Rental Calculation
Borrowing maximum on Buy to Let mortgage by choosing a lender with Best Buy to Let Mortgage Rental Calculation Rental calculations have hardened considerably sense January 2017 following the PRA review, and it has left Landlords questioning: what is the best Buy to let Mortgage Rental Calculation currently available? Releasing equity from portfolios has been key to empire building and in … [Read more...]
First Time Landlord Limited Company Buy to Let Mortgage
Understanding limited company buy to let mortgage products for First time landlords is going to be key in 2017. This article is aimed at entrepreneurs who are looking to get into the buy to let market with the use of a Limited company buy to let mortgage. Niche Advice arranges limited company buy to let mortgages and is NOT a tax specialist so we recommend that you would need to speak … [Read more...]
Maximum buy to let mortgage following the 2017 PRA review
How will the new Buy to Let criteria changes effect the Maximum buy to let mortgage offered by UK Lenders. For those landlords looking to get the Maximum buy to let Mortgage we are certainly looking at a different landscape. The Prudential Regulatory Authority (PRA) has flexed its muscles and forced Buy to Let Mortgage Lenders towards a standardised approach to increase the rental coverage in … [Read more...]