If you are looking for a buy to let mortgage, there are literally hundreds of buy to let mortgage deals available from a huge range of lenders – in fact, buy to let mortgage deals are fantastic at the moment, but only if you have the right deposit and you meet the lender’s strict criteria. [...]
November 16, 2012
A lot of people ask me about buy to let mortgages, and one of the biggest questions is ‘How much deposit do I need for a buy to let mortgage?’ Ideally you need a 25% deposit but some lenders have started to relax their criteria, so you could get away with 20% deposit. In fact, [...]
October 18, 2012
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 [...]
September 20, 2012
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 [...]
August 22, 2012
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 [...]
Richard Ignatowicz is a Mortgage Broker for Mortgage Savers. He has over 15 years’ experience in helping people find the best residential, commercial or buy-to-let mortgage products available. Richard is unique in that he has his own property portfolio so understands what investors need to build a successful portfolio....
November 16, 2012
0 Comments