The Rules and Regs on Loans to Portfolio Landlords

Since 2017 the banks have been encouraged to apply new procedures when processing applications from what are known as ‘portfolio landlords’. So what is a ‘portfolio landlord’? The definition of “portfolio landlord” is someone who owns 4 or more mortgaged properties. By the way it doesn’t make any difference if these properties are owned in…

Read more

The Best Buy to Let Mortgages For Limited Companies July 2020

There’s so much changing in the mortgage market at the moment that I thought it’d be useful to get an update from my mortgage broker on what are the best Limited Company buy to let mortgage deals. I asked him just to tell me about 75% LTV mortgages – because with the model I use…

Read more

The Best Buy to Let Mortgages for Individuals July 2020

Because the mortgage market is a bit volatile at the moment I thought it would be a good idea to ask my mortgage broker what the best buy to let mortgage deals are at the moment for individuals.

I asked him to look at 75% LTV mortgages because I can’t think why you might want a 65% or 70% LTV if a 75% LTV is available.

Here’s what he came up with.

Read more

How Do I Invest With No Money? An Introduction to No Money Down

This is an interesting question. Somebody has asked me ‘does no money down really exist and if it does how do I do it?’. First things first. One thing I have noticed when I have been online looking at the forums and looking at the Facebook groups is that occasionally you will see somebody saying,…

Read more

Why Bridging Can Allow You to Do More Deals

One of the great things about being in property today is that there are so many different ways we can raise our finance. And if you find yourself in a situation where you find yourself a fantastic refurb opportunity, but you can’t get standard buy to let lending because it needs a bit too much…

Read more

Don’t Ask What To Pay A Mortgage Broker, Here’s Why!

Something I see debated a lot online is whether we should pay a mortgage broker and if we should, how much we should pay. I often see on Facebook groups and forums people posting saying words to the effect of, ‘can anyone recommend a good mortgage broker who doesn’t charge a fee?’. I must admit…

Read more

Banks Won’t Lend To Me: What Shall I Do?

A concern which I sometimes hear new investors express is what if the bank won’t lend me the money? Let’s just think about this because there are probably going to be two different reasons why a bank might not lend you the money. The very first is, they’re not going to lend you the money…

Read more

Mortgages and the Buy To Let Stress Test!

A couple of years ago buy to let lenders introduced the stress test, encouraged to do so by the Bank of England and The CML. This has made the journey to securing finance and mortgages very interesting! On the face of it this is a good idea. Mortgage lending needs to be kept under control…

Read more

Is NO Money Down Really Illegal? And Why It’s a Strategy We Should All Learn

I sometimes see posts on forums and Facebook groups suggesting that No Money Down is illegal. When I see blanket statements like that I understand that they don’t fully understand what No Money Down (NMD) means. A simple analogy would be something like, if you saw a car that had worn brakes and had failed it’s MOT and had no insurance, and…

Read more

The All About Property Finance Issue. Get your money here!

Over the last couple of months my mortgage broker has identified a couple of fantastic products to help accelerate your property progress. One, a bridge to let product which allows you to refurb a property with a guaranteed switch to a buy to let loan when the refurb is done, and all in one product.…

Read more