Mortgage News

Property118 Members vs West Bromwich Mortgage Company

Author: Mark Alexander - Founder of Property118

3rd March 2014, 13 years ago | 769

UPDATE – 31st March 2014 Since publishing this article our campaign has raised over £450,000 and legal action has now...

Loan To Value or Loan To Purchase Price?

Author: Readers Question

16th January 2014, 13 years ago | 7

Hi everyone Are there any BTL lenders that lend against the property valuation rather than the lower purchase price? For...

Castle Trust Equity Loan Finance

Author: Mark Alexander - Founder of Property118

14th November 2013, 13 years ago | 0

Castle Trust Equity Loan Finance has the potential to be the biggest game changer in the UK mortgage market since...

Tax Treatment of Equity Loans for Buy to Let Landlords

Author: Mark Alexander - Founder of Property118

4th November 2013, 13 years ago | 0

I have been posting on numerous forums about the introduction of equity loans into the UK buy to let mortgage...

Equity finance for buy to let landlords

Author: Mark Alexander - Founder of Property118

1st November 2013, 13 years ago | 0

In this article I will explain the fundamental difference between equity finance for buy to let landlords and traditional buy...

BTL Second Charge Mortgages / No Monthly Payments

Author: Mark Alexander - Founder of Property118

30th October 2013, 13 years ago | 145

No this is NOT a wind up, it’s 100% genuine and is important that you know how it works so...

Shared Appreciation Mortgages for Buy to Let Landlords

Author: Mark Alexander - Founder of Property118

30th October 2013, 13 years ago | 0

A radical shared appreciation mortgage product for buy to let landlords is soon to be launched. The detailed criteria is...

Tracker Rate Class Actions Updates

Author: Mark Alexander - Founder of Property118

28th October 2013, 13 years ago | 0

Over 1,000 people have registered an interest in the Class Action groups challenging the legality of the increases to tracker...

Contra proferentem mortgage conditions

Author: Mark Alexander - Founder of Property118

9th October 2013, 13 years ago | 49

Unless you are a qualified contracts lawyer who has also studied Latin you will probably not have a clue as...

Case Study – 100% funding – Full transparency

Author: Howard

5th October 2013, 13 years ago | 25

We’ve all heard of those ‘no money down’ schemes (mortgage fraud scams) where a ‘property sourcer’ has negotiated a discount...

Marketing Fund for our Class Actions against tracker mortgage margin increases

Author: Mark Alexander - Founder of Property118

3rd October 2013, 13 years ago | 0

Several people have left comments on our forums or emailed me personally to say that they are not affected by...

West Bromwich Building Society Tracker Margins Legal Action

Author: Mark Alexander - Founder of Property118

30th September 2013, 13 years ago | 3869

Are you affected by the West Brom Tracker Rate Hike? If your mortgage account number begins with the number 8...

How to get 6 BTL mortgages with BM Solutions

Author: Mark Alexander - Founder of Property118

17th September 2013, 13 years ago | 7

So many buy to let borrowers get frustrated because BM Solutions will only allow them to have 3 buy to...

Mortgage Express or Mortgage Distress?

Author: Mark Alexander - Founder of Property118

6th September 2013, 13 years ago | 58

The Mortgage Express exit strategy has been a hot potato since at least 2011 when they first met a group...

Does my Buy to Let lending criteria make sense?

Author: Mary Latham

23rd August 2013, 13 years ago | 9

While fully acknowledging that I am not a financial specialist I do know the residential property market. I have a...

CAMPARI – old school lenders underwriting

Author: Mark Alexander - Founder of Property118

14th August 2013, 13 years ago | 2

CAMPARI stands for Character, Ability, Means, Purpose, Amount, Repayment, Interest and Insurance  It was also a popular drink in the late...

Buy to Let Mortgages on Low Value Properties

Author: Howard

26th July 2013, 13 years ago | 20

I have always found one particular lender on our panel hard to consider as they’ve always represented (in my mind)...

property118

CML reports 26% growth in Mortgage Lending

Author: Property118.com Landlord News Team

19th July 2013, 13 years ago | 1

The Council of Mortgage Lenders CML reports that total gross mortgage lending increased to £15 billion in June, which is...