Where did the time go, the stats look good unemployment is low, interest rates are still at Historic lows. Inflation though is above the target 3% according to the Daily Mail. Life goes on, more people are at work, most don’t have enough protection to insure against, illness, unemployment etc. And yet the PPI mis-sellingContinue reading “2018 has arrived and what has changed?”
More people are being forced into selling property who have interest only mortgages and no repayment method. Now I am not for a minute suggesting that you would save into a pension as a repayment method, but it is one use of funds, that may have been overlooked or even forgotten about.
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”