Toggle Calls to action

Mortgage News

Skipton Building Society Legal Action

Skipton Building Society Legal Action

02/04/2014

In 2010 the Skipton Building Society broke a promise to over 60,000 mortgage account holders.  The basis of that promise was that their mortgage rate would never exceed 3% over the Bank of England base rate – it did – CONSIDERABLY! The hike in monthly payments for a person with a £150,000 interest only mortgage… Read more

Concerns re Skipton BS Commercial Mortgage

Concerns re Skipton BS Commercial Mortgage

27/03/2014

We have a small office building in the home counties which was purchased with the help of al loan from the Skipton BS eight and a half year’s ago.  Times have not been kind to the commercial property market since 2008 and we have not been immune to that although we have never been late… Read more

Mortgage Express UKAR LPA Recievership

Mortgage Express UKAR LPA Receivership

20/03/2014

It has come to our attention that Mortgage Express (now UKAR – UK Asset Resolution) have recently been appointing LPA receivers with no apparent justification. Previously we had heard of LPA receivers having been appointed where a borrower has died or where a landlord had fallen into arrears. In some cases the properties were sold for much… Read more

Tony Wilson

Message from Anthony Wilson of Ashley Wilson Solicitors LLP

13/03/2014

My name is Tony Wilson. I have today committed £15,000.00 to the fund to enable Mark Alexander and Mark Smith carry on the superb work they are doing on behalf of buy to let landlords who are being (in my view) mistreated by the West Bromwich Mortgage Company. As a solicitor who has been in… Read more

West Brom Tracker Mortgages

Property118 Members vs West Bromwich Mortgage Company

03/03/2014

UPDATE – 31st March 2014 Since publishing this article our campaign has raised over £450,000 and legal action has now commenced. The official closing date for borrowers to be represented in this action was 28th March 2014. However, it may still be possible to be included in the representative action by paying additional fees to… Read more

Loan To Value or Loan To Purchase Price

Loan To Value or Loan To Purchase Price?

16/01/2014

Hi everyone Are there any BTL lenders that lend against the property valuation rather than the lower purchase price? For example, if the valuation is £100K and the price paid is £90K, will any lenders lend against the £100K? Or is it a case of lending against whichever is lower? Interested to hear Howard Reuben’s… Read more

Castle Trust

Castle Trust Equity Loan Finance

14/11/2013

Castle Trust Equity Loan Finance has the potential to be the biggest game changer in the UK mortgage market since Buy to Let came about in 1996. Not only does the Castle Trust equity loan finance product allow you to borrow more without having to refinance, there are also no monthly payments, EVER! Instead of… Read more

Tax Treatment of Equity Loans for Buy to Let Landlords

Tax Treatment of Equity Loans for Buy to Let Landlords

04/11/2013

I have been posting on numerous forums about the introduction of equity loans into the UK buy to let mortgage market, a common question is the tax treatment. Equity loans do not attract interest in the normal way, there are no regular monthly payments. One UK lender, funded by USA equity house JC Flower &… Read more

Castle Trust Banner

Equity finance for buy to let landlords

01/11/2013

In this article I will explain the fundamental difference between equity finance for buy to let landlords and traditional buy to let mortgages facilities. Both are mortgages which are secured by a legal charge over a property. Until recently, only traditional buy to let mortgage finance where interest or interest and capital are repaid monthly… Read more

BTL Further Advances No Monthly Payments

BTL Second Charge Mortgages / No Monthly Payments

30/10/2013

No this is NOT a wind up, it’s 100% genuine and is important that you know how it works so that at the very least you can make an informed decision about new financing choices which until now have been unavailable to buy to let landlords. It really is a fantastic way to improve cashflow… Read more

Load More Posts

×

Profile has been updated! Click here to view

×

Share with your friends?

Please share this article via one or more of the following social networks

×

Report this comment

  • Please enter a value between 7 and 7.
    Please complete the simple sum to prove you are a human
×

Please log in or

Join Property118 - It's FREE

or press Esc (top left of your keyboard) to close this message

×