How to deal with Lender Buy to Let Rental Stress … Read More →
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Bridging Loans Fees how much do Bridging Loans really cost
Full breakdown of all the costs for bridging Loans Fees The purpose of this article is to give an overview of the Bridging Loans Fees payable when setting up Bridging Finance secured against property / real estate. The … Read More →
How Buy-to-let Rental Calculation has been affected After Rate Rises
Buy-to-let Rental Calculation challenges … Read More →
Best 5 Year Fixed Rate Mortgage after the Interest rate rise
Niche Advice Rate Tracker Index (NARTI) Rather than provide rafts of meaningless information NARTI focuses in on the key areas of: First time buyer 5 year fix with 15% deposit First time buyer 5 year fix with 10% … Read More →
Change the mortgage offer after its been issued by the lender
Amend the Mortgage Offer – Extension Affordability New Criteria Extension Requests A Mortgage Offer is a legal document showing a Mortgage Lender’s intent to lend. It can in theory be withdrawn at any point up until Completion (funds release) but if funding conditions remain normal the money should be lent providing the conditions are met. “Common conditions” in the Mortgage Offer include insuring the building and the sale of another property. There could also be “special conditions” which are more centred on your case in particular such as “the repayment of personal debt or buying another property simultaneously with the proceeds”. All of these “Offer conditions” will need to be worked through with your Solicitor. There will also be a deadline for Completion and it’s about this timeframe that this series of frequently asked questions relate. Frequently Asked Questions about Mortgage Offers. … Read More →
Mortgage for Foreign Students on a Tier 4 Visa
Mortgage options for Students on a Tier 4 Visa in the UK This article is aimed at foreign students on a Tier 4 Visa who are in the UK who are looking to buy a property to live … Read More →
Declined Buy to let mortgage due to background property portfolio stress test
The background property portfolio stress test is stopping borrowing more There could be a variety of reasons why you’ve been turned down for a mortgage when you have a property portfolio as there are so many boxes you … Read More →
Up to 10 times Income Multiple Remortgage
I never thought I’d be writing about 10 times income multiple for a mortgage. Looking back income multiples have come a long way to get to 10 times. Initially they were 2.75 to 3 times the Main earners … Read More →
BRRR 85% LTV bridging loan for property refurbishment
BRRR Finance Refurb Projects to 85% LTV bridging on day 1 May be excitement and refurb finance don’t naturally gel together but this 85% Loan to Value bridging Loan product could be the one to shake this up … Read More →
No 6 Month Ownership Rule – Buy to Let Remortgage the next day of Purchase
New innovation to break the 6 month ownership rule and how you can now Remortgage within as soon as the next day. A “6 Month Ownership Rule” before you can remortgage your buy-to-let is long established as a … Read More →
Time to Fix your Mortgage Express Rosinca Mortgages Buy-to-let Trackers:
It may be time to come off the Tracker rates of Mortgage Express Rosinca Mortgages Is now the right time to switch your buy-to-let mortgage from Mortgage Express (Rosinca Mortgages) variable Tracker to a Fixed Rate? Remortgage. Mortgage … Read More →
BM Solutions Buy-to-let Trackers: time to switch to a fixed rate?
What Birmingham Midshires Buy-to-let Trackers need to do Is now the right time to switch your buy-to-let mortgage from BM Solutions variable Tracker to a Fixed Rate? Remortgage or Product Transfer. Mortgage Trackers on the rise! Could this … Read More →
Student Let Mortgage for Landlords
Student Let Mortgage products explained for new and existing Buy to Let landlords within the student accommodation sector. How we can help? Access to the Whole of Market Totally Independent from Estate Agents and Developers We only charge … Read More →
GOTO Group RICS Homebuyer & Building Survey
RICS Homebuyer Report & RICS Building Survey via GOTO Survey At Niche Advice we have partnered with GOTO Group to provide our clients with a range of professional services including Homebuyer & Building Surveys. The information below has … Read More →
How long should I take my mortgage over?
I need help deciding on my mortgage term length. The “mortgage term” is the common way for expressing the length of your mortgage. How long should I take my mortgage over is a question that should be asked … Read More →