Landlords who have incorporated their rental property business using the BICT structure have done so in order to retain competitive mortgages terms and/or avoid or defer the costs of refinancing. However, it is almost inevitable that refinancing will n…
Earlier this year (2018) mortgage lenders were forced to tighten up their affordability criteria.
Since then, LTV has rarely been the restricting factor when it comes to BTL borrowing. Instead, the level of borrowing has become more restricted based on…
Mortgages and Insurers Solutions have access to a number of limited edition buy to let portfolio products. The limited edition rates are available on properties with HMO status, limited company SPVs, single self-contained and multi unit blocks.
Product…
Limited Company BTL mortgages are now available up to 85% LTV and rates start from 3.09%.
The buy-to-let market has been hit by numerous tax changes in the last couple of years. Two of the main ones being:
The post Headline Mortgage Rates for Limited Companies appeared first on Property118.
The following is another 90 second video produced by our friends at Shawbrook Bank to explain how BTL mortgage underwriting will change from September this year.
Is it a good thing that mortgage lenders are being forced to lend more prudently or do you see it another way?
The post Important PRA changes to BTL lending from 30th September appeared first on Property118.
We are now ready to begin legal action on behalf of Property118 Action Group members affected by the Bank of Ireland decision in 2013 to increase the differential charged on their tracker rate mortgage products. Many of those affected by the sudden increase in their mortgage payments, despite there being no increase in the bank base… Read more
The post Bank of Ireland Legal Action – NO-WIN-NO-FEE appeared first on Property118.com.
Bank of Ireland and Skipton Building Society both are both relying on “exceptional circumstances” to justify ripping of mortgage borrwers for more interest than they are due to pay. In recent statement to Mortgage Strategy magazine the lenders commented as follows in respect of the Property118 Action Group Court of Appeal WIN against The West… Read more
The post Property118 Action Group Respond To BoI & Skipton Defensive Statements appeared first on Property118.com.
For those new to buy to let and considering the letting of their current home in to buy another can avoid the 3% SDLT surchare by following this strategy. Create a new limited company and sell your current home to it. This will require you to obtain a company buy to let mortgage. The new… Read more
The post New Tax Strategy For Accidental Landlords appeared first on Property118.com.
For those new to buy to let and considering the letting of their current home in to buy another can avoid the 3% SDLT surchare by following this strategy. Create a new limited company and sell your current home to it. This will require you to obtain a company buy to let mortgage. The new… Read more
The post New Tax Strategy For Accidental Landlords appeared first on Property118.com.
The ability for landlords trading as partnerships to avoid CGT and SDLT at the point of incorporation isn’t some hair-brained scheme, it’s written in legislation. You just need to know where to look to find the information and to employ the services of an experienced tax adviser to claim the various allowances for your business. Details of… Read more
The post Partnership incorporation with no CGT or SDLT appeared first on Property118.com.
Budget 2016 has put massive pressure on landlords who have been considering incorporation following George Osborne’s announcements in the Summer 2015 Budget which restricts finance cost relief for individual landlords. My message to all landlords who have been considering incorporation is a crude one – it’s time to piss or get off the potty! If… Read more
The post Budget 2016 – Incorporate Now BEFORE 30th March appeared first on Property118.com.
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