All posts by Neil Patterson
How to calculate the amount you can borrow on a buy to let mortgage...
“How much can I borrow?” is a question I am asked on a daily basis and thought I would assist by creating a written reference point.
The first thing to bear in mind is that Lenders perceive...
Buy to Let remortgaging is now possible inside 6 months...
Mortgage Trust will now consider remortgaging a property inside 6 months of the date of purchase, but only if there have been significant improvement works carried out which have enhanced the property’s...
Buy to Let warning over leased solar panels...
Landlords looking to install or purchase properties with solar panels using a 25 year lease agreement need to think twice if they require buy to let finance.
We have had feedback from 3 of the major buy...
Buy to Let market update...
A new buy to let lender has entered the market called Keystone
They specialise in buy to let mortgages for Single Purpose Vehicle limited companies, HMOs and Multi-Unit properties. This part of the market...
Banks not renewing commercial loans...
We are witnessing a significant rise in the incidence of some banks refusal to offer new or extended terms to commercial loan facilities. In extreme cases, some banks are demanding early loan redemption.
Principality 70% LTV buy to let rate revised...
Principality has revised one of its two buy to let products upwards.
The new rate at 4.99% has a low fixed product fee of £999 and includes a free valuation and remortgage service, reducing upfront costs...
Godiva Rate Added to buy to let mortgage calculator...
Godiva 3.65% two year Bank Base Rate Tracker for buy to let.
Godiva has an attractive looking Tracker product with fixed arrangement fees instead of a percentage of the loan amount, making it especially...
Spotlight on two 80% Buy to Let products...
Two similar products – look at the detail.
This is an example of the terms, criteria and costs I would consider for Landlords looking to borrow 80% Loan to Value and minimise the capital required to...
How to choose a Buy to Let mortgage based purely on cost...
Firstly to give a level playing field you need to make two assumptions:
You have decided on the type of rate Fixed or Variable e.g. both products will be the same (see previous article) To fix or not...
To fix or not to fix your Buy to Let mortgage rate?
To fix or not to fix, that is the question so many people are not honest with themselves about.
In the early days of my career I saw interest rates go to 15% and then slowly creep down from that point.
Who updates the buy to let mortgage calculator?
Hi it’s me for my sins
I started my career in banking in 1990 (when I was 8!) and on to the mortgage desk in the pre regulation days. Then on to a Building Society to become a branch and business development...
Property118.com Website Awards 2012 Mid Glamorgan...
We are delighted to announce the Property118.com website awards for Mid Glamorgan.
Judging decisions were based on a combination of powerful analysis algorithms and human experience. Click here for further...
Property118.com Website Awards 2012 Merseyside...
We are delighted to announce the Property118.com website awards for Merseyside.
Judging decisions were based on a combination of powerful analysis algorithms and human experience. Click here for further...
Property118.com Website Awards 2012 Kirkcudbrightshire...
We are delighted to announce the Property118.com website awards for Kirkcudbrightshire.
Judging decisions were based on a combination of powerful analysis algorithms and human experience. Click here for...
Property118.com Website Awards 2012 Kent...
We are delighted to announce the Property118.com website awards for Kent.
Judging decisions were based on a combination of powerful analysis algorithms and human experience. Click here for further information...
Property118.com Website Awards 2012 Hertfordshire...
We are delighted to announce the Property118.com website awards for Hertfordshire.
Judging decisions were based on a combination of powerful analysis algorithms and human experience. Click here for further...
Property118.com Website Awards 2012 Herefordshire...
We are delighted to announce the Property118.com website awards for Herefordshire.
Judging decisions were based on a combination of powerful analysis algorithms and human experience. Click here for further...
Property118.com Website Awards 2012 – Hampshire...
We are delighted to announce the Property118.com website awards for Hampshire.
Judging decisions were based on a combination of powerful analysis algorithms and human experience. Click here for further...
Government Undermines Our Work, Claims ARLA...
Letting agents have turned up the heat on the government to regulate the private rental sector another notch.
The spat is over who controls letting agents by managing accreditation.
Hidden Costs That Make Buy To Let So Expensive...
The cost of buying a rental home is set to rise again as banks and building societies tighten their grip on hidden fees
New rules culling the number of property professionals that can act for buyers mean...
Buy to Let Insurance Basics...
Inexperienced landlords can quickly find themselves out of pocket if they fail to protect their property with specialist buy to let insurance.
Rental property must have the right protection as insurers...