So how will this affect Mortgage rates Variable mortgage holders rejoiced as they woke up this morning to the news that Bank of England has reduced Bank Base Rate to 0.25% from 0.75%. It is estimated £1million households … Read More →
News
What’s next after a Decision In Principle (DIP)?
What happen’s after we have secured formal Decision In Principle (DIP)? … Read More →
Right to Buy Mortgage – Frequently Asked Questions
Lets answer some of your Right to Buy Mortgage questions Follow my recent youtube video which can be seen by clicking here a whole host of questions where asked by prospective Righ to Buy Mortgage clients so I … Read More →
Mortgage Lenders Affordability Calculations
What is the basis of Mortgage Lenders affordability Calculations How National Statistics has become part of the mortgage assessment. Mortgages are loans against a property, and importantly failure to keep up with repayments can result in losing your … Read More →
How Limited company Buy to Let rental calculations are assessed
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 … Read More →
Are Low Deposit Buy to Let Mortgages worth it?
Lets compare 85%, 80% and 75% Loan to Value Buy To Let Mortgages. 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 … Read More →
How children affect mortgage applications
Solutions on minimising the impact of children on your Mortgage affordability. “Once upon a time” is how the children stories go: getting a mortgage with or without children made no difference. Then the mortgage affordability assessment was based … Read More →
Mortgages for EU Nationals now Brexit has taken place.
The availability of mortgages for European Nationals after Brexit is an interesting subject. As we sit in February 2020 Brexit has been ratified. The next eleven months will shape the path ahead until this point there should not … Read More →
Getting a Mortgage with missed Mortgage Arrears in Scotland
Traditionally Scotland has not been as well served by the Specialist Mortgage Lenders. This has meant it’s harder for applicants to obtain mortgages than for their counterparts South of the border. Try it FREE for 30 days, then … Read More →
Buy to Let Mortgage Limited Company or Personal Name?
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 … Read More →
Getting a Mortgage with missed Mortgage Arrears in the past
Missed mortgage payments stopping me getting a residential mortgage This “At A Mortgage Glance Guide” is the first in a series on mortgage arrears and the size of deposit or equity required in your property needed to obtain … Read More →
Buy to let mortgages for vulnerable tenants
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 … Read More →
Getting a Mortgage above the purchase price
Borrowing above the purchase price on a property is only allowed in certain instances and restricted to home improvements. Getting a Mortgage above the purchase price is most commonly seen in the case of Right to Buys. You … Read More →
Best Portfolio landlord Buy to let Mortgage Rates
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 … Read More →
Fixed rate without early repayment charges
[table][tr][th]Initial Rate: 1.79%[/th] [th]Subsequent Rate: 4.99%[/th][/tr][/table] Any property used as security, which may include your home. may be repossessed if you do not keep up repayments on your mortgage Important Information Residential and Buy to Let Mortgages Rates current … Read More →