All posts by Howard
No EPC – No Mortgage...
Did you know that from April 2018, BTL landlords might find it far more difficult to get buy to let mortgages if their properties don’t have the right Energy Performance Certificate rating
EPC’s...
PRA, DSCR, FCA, HMO, SPV, SIC Code, ATED – What BTL landlords...
The numerous interventions from regulators, the EU, the changing lending landscape and even more scrutiny that banks now demand before agreeing terms, has all made for a much more difficult BTL marketplace.
Survey to influence post Budget BTL product development...
I have been asked by some industry heavyweights to gain some intel from the BTL community on how they feel about the Budget changes that will affect property investors. The results of the survey could...
Buy to Let market starts the year with a BANG...
The mortgage market has opened the year with a bang, including the launch of a new Buy to Let lender, Fleet Mortgages.
Chief executive of Fleet Mortgages Bob Young said “we have brought this lender to...
Aldermore – Bridging finance and BTL remortgage based on...
Challenger bank, Aldermore Mortgages, entered the bridging finance market this year although they only offered their proposition via one distribution company.
Their USP’s include bridging rates from...
Commercial Bridging loan converted to Buy to Let in one package...
When looking at financing an investment property that is not immediately suitable for a Buy to Let mortgage the costs and stress of repaying the initial Bridging loan required after 6 month can be high.
Lasting Power of Attorney Charity offer for readers...
From Howard Reuben Property118 Sponsor:-
We all know that the vast majority of people don’t have a Will written, and even more people don’t have a valid Lasting Power of Attorney (LPA) in...
Buy to Let perceptions contradicted...
For so many years I have heard people say (including many financial advisers) that life insurance to cover buy to let mortgages is not necessary because “the rent pays the mortgage and that’s how it...
Offset mortgage can provide instant access war chests for Buy...
Recently a Property118 reader remortgaged his own main residence using an Offset mortgage. It was valued at £700k and he capital raised a further £300k (bringing his mortgage to a new total of £450k).
Development finance using Equity instead of Liquid Cash...
I have an example of how the commercial market is changing. Some lenders are now taking a risked based view of using second charges over equity as security for development finance rather than only relying...
Case Study – 100% funding – Full transparency...
We’ve all heard of those ‘no money down’ schemes (mortgage fraud scams) where a ‘property sourcer’ has negotiated a discount and the buyer and his friendly mortgage salesman gets a mortgage...
Protection for families of property investors...
With growing and easier access to BTL mortgage funds comes the inevitable increase in borrowing, or as I like to call it … debt.
BTL is the generic term, of course, for property investment, and for many...
Buy to Let Mortgages on Low Value Properties...
I have always found one particular lender on our panel hard to consider as they’ve always represented (in my mind) the last resort lender. As 99.99% of my clients are prime, own ‘standard’...
Lowest ever BTL interest rates released!
“Lowest ever BTL interest rates released!”
It’s a great headline grabber isn’t it?
Well I actually saw this on another property forum and I thought I ought to respond.