Blog Archives

7 Tips for Self Employed Mortgage

Mortgage Lenders usually class you as self-employed if you own more than 20-25% of the shares of a business. Keep your accounts in Good Shape. The mortgage broker can ask from one years accounts, mainstream lenders for three years but

Posted in Buy to Let FAQ

6 Tips to avoid being Gazumped

The downside of a buoyant market is that buyers are prepared to pay a premium to secure the right property. Even if that can lead to a out-bidding (gazumping) process, leading people to obtain Gazumping Insurance. The stressful experience of

Posted in Buy to Let FAQ, Buy to Let News

Low Rate BTL OR Total to Pay? (TIP)

This is a TIP to find the most affordable Buy to Let product for your circumstances. You can look around Bespoke Buy to Let website and find the Lowest Rates! but does the lowest rate equal the lowest amount to

Posted in Buy to Let FAQ

What’s the maximum age for a buy to let?

The maximum age generally for a Buy to Let mortgage is 75, at the end of the term mortgage. We do have some mainstream lenders that will allow Buy to Let mortgages up to the age of 90 (at the

Posted in Buy to Let FAQ

What is “Property Investment”?

Property Investment is when a Investor ties some of their savings into purchasing a property for rental income or longer term return after property sale. Property Investors may want to invest in a rent-able property from the outset or to

Posted in Buy to Let FAQ

What is the “LIBOR rate”

LIBOR stands for the London interbank offered rate and is the rate of interest that banks charge to lend money to each other. The LIBOR rate is set daily by the British Bankers’ Association (BBA) who work with a small group of large banks.

Posted in Buy to Let FAQ

What is BTL or Buy to Let Mortgage?

A buy to let mortgage is the term for finance that is used to buy property that’s going to be rented out. A buy to let mortgage is commonly interest-only, and available up to 80% of the value of the investment property.

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Posted in Buy to Let FAQ