One of the UK’s largest buy-to-let lenders, Paragon Mortgages, has updated its product range of loans for large-scale and professional landlords. A new range of fixed rate products include a new two year fix at 4.45% with a 2% product fee and is available for HMOs, multi-unit blocks and single, self-contained . There are also…
In it’s most basic form this mistake manifests as not shopping around for the best LTV (loan to value ratio) or the best interest rate (½% over 20 years makes a lot of difference) or finding the loan with the least penalties if you want to swop or pay it off early. A more sophisticated…
There were two major changes on the “road” to buy-to-let: A change to the landlord and tenant law A desire by ARLA to promote its member’s business The first step towards buy-to-let as we now know it was that the law on landlord and tenant was changed to make letting easier and more financially attractive…
However you decide to source your properties you will need to find the buy-to-let lending product that best suits your needs. As a first step I’d recommend that you download the Free Special Report which you’ll find on the Home Page of this web site – it’s a transcript and an MP3 audio file of…
Is Your Lender About To Sc@w You?! I don’t know whether you’ve picked up on the Bank of Ireland/West Bromwich Building Society controversy. Long story short, both lenders have found, allegedly, small print in their Buy to Let mortgage contracts to allow them to add another couple of percent to rates payable on existing mortgages…