Surely Buy to Let Tax Advice has got to be the way? I’m a professional Buy to Let Mortgage Adviser who as a matter of course always suggest my landlords seek tax advice. The offset of interest relief against profit is all but gone if you own the asset in personal names with Tax Year 2019/20 the last tier at 25%. Come 2020/21 and there will be no relief at all. That’s why when I read some … [Read more...]

In this article, I discuss the workings of a rental calculation for a Limited Company mortgage. Lets review how we work out Limited company Buy to Let rental calculations by a formula with two components: rental coverage and interest rate. RENTAL COVERAGE In nearly all cases Limited Company residential buy to lets rental calculations default to the mortgage lender's lowest required … [Read more...]

Lets compare 85%, 80% and 75% Loan to Value Buy To Let Mortgages. https://youtu.be/S07gMFbGGAw I’m a professional Mortgage Broker and in many conversations start by the potential customer stating “I want to purchase a buy to let using a mortgage with the least amount of deposit”. If they have done any research beforehand they will know that the figure is 15 per cent. However, as I’m … [Read more...]

https://www.youtube.com/watch?v=mtzmiikdpdI Mortgages criteria for both Limited Company or Personal Name options. Before I delve into the details can I start with the age old adage: "there's always two sides to a story", whilst Limited Company buy to lets are trendy, particularly on purchases, it may not be right everyone. The other major fact I need to stress is I'm basing this article … [Read more...]

Society has become more adept at recognising "vulnerable" persons and thankfully this is now bleeding into the buy to let mortgage market. Historically there was only a clutch of buy to let lenders who supported the use of let properties for social housing but this changed following a concerted march on a leading UK bank a few years ago by aggrieved tenants who were struggling to be housed, not … [Read more...]

Looking for a high street mortgage rate for buy to let properties as a portfolio landlord. On the face of it, this challenge sounds straight forward however the reality is many of the best priced mortgage products are available exclusively for landlords with a maximum of four mortgaged properties. However, I know of a major UK bank that allows these cutting edge products and bypasses their … [Read more...]

As I know first hand tenants aren't always the most reliable so a buy to let mortgage with payment breaks can be very helpful. So why is it Buy to let mortgages with payment breaks are not easy to come by? As well as a Landlord; I'm a professional Mortgage Broker too and in this article, I'll explain why and how there are options open to you. Lets start with the Buy to Let Mortgage Lender's … [Read more...]

Looking at Multiple ways of Renting to a family and getting a Buy to Let Mortgage If you are reading this article on "Renting to a family member" you may have been stonewalled by the Mortgage Lenders you have approached. It's certainly not a case of "blood is thicker than water" in most Mortgage Lenders eyes. By why is this? I'm a professional Mortgage Broker and in this article, I will … [Read more...]

Buy to Let Mortgage portability This article discusses portability of mortgages across various buy to lets. Mortgage portability can be a powerful tool but is often overlooked by consumers in making their initial mortgage selection. So what is mortgage portability and why is it important on buy to lets?  Mortgage portability allows you to move your mortgage from one property to … [Read more...]

Commercial usage near my property is stopping me getting a mortgage If you are reading this article on “Mortgage declined as near Commercial properties” you are undoubtedly you are feeling frustrated right now. Below I provide an insight to hopefully bring a smile back onto your face. Just so you know this article forms part of my “my properties are stopping me getting a mortgage series” … [Read more...]