Funding for multi let houses is now easier to obtain than previously thought, so for purchase or money for refurbishment is available with only a £99 application fee and quick lender decisions. Not only can you refurb HMO’s but you can do commercial property and residential property too. U∩ contact via http://www.rightremortgage.co.uk
Is now in full progress for almost all companies, yes smaller companies are being enrolled now.
I know people will tell me off but I want to hear from people who want to build in their gardens, convert their offices into flats. Anyone like that…………get in touch don’t be shy.
Buy to Let, is now available with just rental cover, no income checks required other than to confirm present income covers present outgoings. Maximum loan to value is 80% subject to property valuation and credit score.
Interestingly we have a lender who offers great flexibility in terms of stretching lending, there is a bit of a however, you must take a long term fixed rate with them, for example somebody with clean credit will get a fixed rate of 5.29% fixed until April 2021. People with slightly chequered credit in otherContinue reading “Mortgage Affordability without the stress”
Basically if you are self-employed the request for proof of previous years earnings has been reduced, to sometimes as little as just the last year, company directors and people working on contracts should now find it easier to apply and be accepted for house purchase finance. http://www.rightmove.co.uk Find a property and then get in touchContinue reading “Contractor mortgages”
This is a term that I have not heard in a long time, the idea being that you can repair your credit profile by taking more credit and repaying existing bad credit, this can obviously lead to a debt spiral but it could also be a way of raising fresh money for new projects andContinue reading “Credit Repair”
Can you afford a new home? 1 a) Is your income sufficient to cover the repayments on a mortgage or do you have the cash to buy? 1 b) Is your credit history satisfactory? 2 What is the property like is it in a good state of repair, could you see your-self living in it?Continue reading “Buying a house”
Bridging finance is basically builder finance, or at least that is one way to describe it, fast and flexible, the aim is to get funds in place to allow projects to go ahead, often with limited underwriting i.e not too many questions asked. It’s a good product but needs to be used in the rightContinue reading “Why bridge”