Category Archives: Buy to let

som mortgage

Why should you seek out Mortgage advice?

In June 2018 the FCA (Financial Conduct Authority) had 340 regulated mortgage providers on its books. Between them they manage seven million mortgages and have over a thousand different mortgage products. Trying to negotiate that many options as a first-time buyer is going to be tricky.   A mortgage advisor is a specialist with in-depth […]

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Buy to Let – Is an interest only mortgage still the best option?

Over the years there have been a variety of different mortgage types that have fallen in an out of favour as economic and market conditions have changed. The questions now facing landlords about interest only mortgage tax relief stem from the changes that started to come into effect in April 2017. With an interest-only mortgage, […]

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Do you really need a landlord insurance?

As a landlord, you will need insurance for properties you rent out to tenants. This usually includes similar protection to general house insurance, but as a landlord you need extra cover for things like: Non-payment of rent; Damage caused by tenants to your property; Liability for injury caused by accidents; Rehousing costs if your tenants […]

Credit score and mortgage deals search

Can a Re-mortgage harm one’s credit score?

Being a mortgage broker, I think that carrying out across the market research is a real advantage. Mainly because it allows me to find the best mortgage possible for your circumstances and requirements. Some people are, however, worried about the affect that submitting multiple mortgage searches can have on their credit score. So, what can […]

Bad debt

The importance of your credit score- can you get a mortgage with a CCJ?

As a mortgage broker, I meet many people with all sorts of requirements and concerns. One very common question I come across is regarding the importance of credit scores and particularly around past bad debts and financial difficulties. This Blog covers the main considerations regarding your credit score when applying for a new mortgage: The […]

Buy to let changes April 18

Are you currently letting out a property? Listen to this…

2017 has been a year of bad news to many landlords when the Government introduced some less favourable tax regulations. This was worsened by the new mortgage regulations imposed on Professional Landlords (landlords with 4+ property portfolio) in September. Unfortunately, there is more to come; According to Gov.UK, from April 2018, landlords of privately rented […]

Mortgage market 2017

Mortgages- what were the biggest changes to the market in 2017?

What a year 2017 has been…Britain left the EU, Formula 1 saw the biggest regulation shake up in decades, Trump was elected the US President to name just a few major changes. The Mortgage market, on the other end, was fairly stable this year and dominated by the continued low interest rate.  With the new […]