Foundation Homeloans has released improved criteria updates that can help if you are a Higher-Rate Taxpayer. Previously, you would have to look at a lower loan due to the 145% stress rate knocking you down, but with this offering, they may have tipped …
Foundation Homeloans, are one of the more flexible lenders and recently had a bit of a shake-up. Landlords will be interested in some of the quirks:
They have a ‘solution’ based approach where they will consider most cases and let us know …
If you are interested in purchasing property at auction and you are looking to finance this through a bridging loan, there are some considerations to make before application.
What is your exit strategy? Are you looking to refurbish the property to sell…
A Loan to Value of 85% is now possible with Lendinvest, including fees and 12-month roll-up interest of 1.09% per month.
Below is a recent case study for this product that also incurred a 2% lender fee and a valuation fee of £850.
A brand new product was launched on the 17th of January for landlords who want to carry out light refurbishments. Light refurb means new bathrooms, kitchens, and non-structural redecorations.
These new products from Suffolk Building Society use the est…
Paragon Bank has cut rates on five-year fixed-rate buy-to-let mortgages by up to 0.7%, reduced its reference rate and also made changes to minimum and maximum loan term criteria.
The new rates WITH NO ARRANGEMENT FEE include:
Green 5.25% Nil
All EPC…
CHL Mortgages has expanded its product range, and now includes standard buy-to-let two-year fixed-rate mortgages up to 65% loan to value that start at 3.65%! Now that is attractive compared to recent rates.
They also currently have rates of:
3.72% for …
In the current market, some landlords are struggling to meet the lender’s requirement for rental income to be 125% – 145% of the mortgage payment. This can leave some stuck on the lenders standard variable rate, a higher rate of interest.
Landbay, the BTL powerhouse taking on the bigger lenders in the fold have released a 4.75% mortgage rate!
This is undercutting a huge amount of other products currently available and will see them edge forward into mainstream even more.
We remember the times when Birmingham Midshires allowed us to submit 100+ mortgage applications for one Client, in one week. Those were the days, but even now, with all of the new stress testing calculations, LTV caps, and restrictions on how many prop…
Unless you’ve been travelling around on Jeff or Elon’s space rockets recently, you would not have missed the chaos and turmoil in the mortgage market. In just the last week or so, major lenders pulled all of their products from the market and did not r…
Our high-net-worth Clients and Property118 members can now have access to Coutts via my team of Brokers.
Coutts mortgages and services can be seen by clicking here
The Key criteria for Coutts include a minimum loan for new clients should exceed £1 mill…
You may be surprised to know that life insurance isn’t always about death. There are several different types of insurance, they all do different things and are made to cover certain aspects of finance.
If it’s not for leaving millions of pounds behind
Landbay’s Buy to Let Mortgages proposition is new and improved for 2023 and their criteria list below shows why they should be considered a serious specialist lender for the property rental market. Interesting? How many other lenders can offer al…
It’s that time of year when students will be looking to sort out accommodation for the upcoming year, so what better time to learn more about our Buy-for-Uni proposition?
A Buy-for-Uni mortgage allows students to purchase a property local to thei…
info@gracecharlesinvestments.com
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