Buy To Let Mortgages Advisor

We are still in a situation where each month, mortgage approvals are falling. In the last twelve months mortgage approvals have fallen by 13% whilst other types of personal borrowing has remained ‘subdued’. Last month there were 30,533 mortgage approvals, with a combined worth of £4.8 billion. Although figures are lower than this time last [...]

In September Virgin Money cut it’s rates for residential and buy to let mortgages. Their 2 year fixed rate mortgage has been reduced to to 2.79%, available up to 60% LTV. For a 70% LTV the rate is being cut down to 2.99%, available on a two year tracker rate. Virgin Money has made the [...]

With a severe shortage, student buy to let investments are becoming an increasingly popular investment choice. Although school leavers are facing financial difficulties with tuition and living fees, the number of students is on the increase. Accommodation is one of the largest outgoings that a student will face, and there has been a rise in [...]

Top tips for buy to let investment The income you can achieve from buy to let investment if you have enough money for a deposit is an attractive investment compared to low savings rates and the volatile stock market. With the low house prices, rising rents and great buy to let mortgage deals, investors are [...]

Buy to let investment strategies I’ve just read a post (link below) by Mark Alexander, landlord and founder of Property118 who states that the buy to let rule of thumb is to have 20% of the value of your buy to let mortgage in cash at any given time. This means that you have the [...]

When should you consider using a bridging loan to purchase property? Bridging is definitely a short-term solution, and lenders will always ask for the exit strategy. If the exit strategy is the sale of an existing property then this can be risky in the present market conditions, so you must be sure that your property [...]

HMO investment advice I’ve just read this post from someone asking for advice on becoming a HMO landlord. He has been doing sums and wants to get out of the rat race and info HMO ‘landlording’, believing that it’s a profitable route into property investment. He has found lenders who will back him up, but [...]

Mortgage lenders see buy to let properties as purely and investment, and it’s important for them to know that the money they are investing won’t be at risk. Lenders have a set of buy to let mortgage criteria that you must meet in order to secure lending on the property, some being more lenient than [...]