Buy To Let Mortgages Advisor

According leading asset valuer xit2, lenders are facing a huge amount of unpaid interest mortgages that will mature before 2020. The amount currently stands at £116bn. Interest only mortgages are now rarely available, with lenders learning lessons from the past. At the peak of the credit boom, approximately 1.3million interest only mortgages were written. Interest [...]

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 [...]

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 [...]

Is it a good idea to remortgage to fund a buy to let property? I recently read a post online from a homeowner asking about buy to let lending. They asked if it’s a good idea to remortgage their primary residence to enable them to buy a buy-to-let property, as they felt the rates would [...]