David Wood

Registered with Property118.com
Sunday 19th January 2014

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David Wood

2:51 AM, 23rd April 2011
About 10 years ago

BM Solutions play trump card as buy to let mortgage rate deals hot up

BM Solutions maybe currently offering good BTL Mortgages but they also have a criteria where you can't have more than 3 mortgages with them. So in effect I guess they are not really an option for investors with larger portfolios. This rule was brought in I think around the middle of last year. At the time I had 5 Mortgages with them (all with 25% deposits and rent over 125% mortgage repayments) but they would not take any more business of me as they want to advertise and appear to be a responsible leander. So yes there is more availabilty and cheaper money but who its availavble to is limited.... Read More