Finance & Investment Questions

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Equity release by Bricko7 Started by Bricko7, 10-12-2019, 04:22 AM	3 responses 77 views 0 likes	Last Post by loanarranger 12-12-2019, 04:41 AM
Borrowing against property to invest in shares etc by Clulass Started by Clulass, 17-10-2019, 08:40 AM	18 responses 338 views 0 likes	Last Post by theartfullodger 09-12-2019, 15:52 PM
Retrospective sub-division of a HMO and financing/refinancing strategy by GaryE Started by GaryE, 04-12-2019, 15:20 PM	6 responses 56 views 0 likes	Last Post by loanarranger 07-12-2019, 14:13 PM
new HMO rules by Clulass Started by Clulass, 05-12-2019, 11:35 AM	10 responses 89 views 0 likes	Last Post by jpkeates 06-12-2019, 10:51 AM
Labour's rent cap policy by Parchester Started by Parchester, 04-12-2019, 14:21 PM	4 responses 65 views 0 likes	Last Post by Parchester 04-12-2019, 17:36 PM
Is it now good time to invest cash in Property? by tomx2 Started by tomx2, 01-12-2019, 12:03 PM	8 responses 146 views 0 likes	Last Post by leasee123 03-12-2019, 15:52 PM
Mortgage adviser negligence - Lost Deposit - Options? by KayCeeTee Started by KayCeeTee, 01-12-2019, 23:26 PM	8 responses 85 views 0 likes	Last Post by Kape65 03-12-2019, 14:13 PM
2nd BTL advice by Gwillis Started by Gwillis, 30-11-2019, 22:26 PM	3 responses 60 views 0 likes	Last Post by loanarranger 01-12-2019, 07:53 AM
New landlord finance check by EdTheBull Started by EdTheBull, 28-11-2019, 17:51 PM	8 responses 90 views 0 likes	Last Post by loanarranger 30-11-2019, 15:19 PM

Equity release

by Bricko7

Hi everyone.

So I have a house with about 90,000 of equity in it, which is about 70% of the value. One option I have is to release the equity as it is rented out and I don't want to selll.

I am half way through a 2 year fixed term on the mortgage. So if I release equity will...
- Channel: Finance & Investment Questions
10-12-2019, 04:22 AM
Reply to Equity release

by loanarranger

Equity Release loans do not extend to Buy to Let Mortgages given that such borrowings are deemed Non Regulated by the FCA Whilst Residential Homeowner Loans are Strictly Regulated and why only Brokers with the relevant qualifications are permitted to advise and arrange such facilities with lenders.
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12-12-2019, 04:41 AM
Reply to Equity release

by Gordon999

If you are part way through an existing fixed term mortgage, you should want till nearer the end of the term before re-mortgaging.

Equity release is only for those who have no income to pay interest on a normal mortgage loan.The interest rate charged is higher because the lender has...
- Channel: Finance & Investment Questions
11-12-2019, 02:54 AM
Reply to Equity release

by loanarranger

Firstly are we discussing obtaining a further advance from the current lender , obtaining a second charge mortgage from a third party provider , I am a little confused; I am also assuming that the present loan is a Non Regulated mortgage as opposed to a Residential Homeowner Mortgage but where the property...
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10-12-2019, 07:59 AM
Reply to Borrowing against property to invest in shares etc

by theartfullodger

Indeed: I have experinced B0E interest rates hitting 17% (yes you read that right, under Thatcher...) and a price collapse during divorce divestment - both were ...err... painful: (the money position, not the divorce..)...
- Channel: Finance & Investment Questions
09-12-2019, 15:52 PM
Borrowing against property to invest in shares etc

by Clulass

New here, just wondered what people in property thought about borrowing against a BTL property, to invest in shares (either plcs or start ups) - so relatively risky but big growth potential.

Is it a totally crazy idea, or perhaps not, if you can afford the interest payments, and you accept...
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17-10-2019, 08:40 AM
Reply to Borrowing against property to invest in shares etc

by doobrey

Depends on circumstances, I guess. I was talking to brokers about extracting equity from my property for investment and I was being told no because it would be viewed as a good money-laundering strategy (i.e. buy for cash -> remortgage) and therefore they would be on the wrong side of AML rules....
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09-12-2019, 15:09 PM
Reply to Retrospective sub-division of a HMO and financing/refinancing strategy

by loanarranger

Can I make a slight correction Gordon to your last post and without wishing to sound clever;you are indeed correct regarding the possibility of the lender not allowing any flats to be extracted from the title but the possible exception is if the value of the Freehold plus the value of the remaining...
- Channel: Finance & Investment Questions
07-12-2019, 14:13 PM
Retrospective sub-division of a HMO and financing/refinancing strategy

by GaryE

I have 5 self-contained bedsits and 1 x 1 bedroom self-contained flat all contained within a single HMO property. There is a shared kitchen and lounge and I have a HMO license and certificate of lawful development (change of use C3 to C4). My strategy is to wait 3 more years and get retrospective planning...
- Channel: Finance & Investment Questions
04-12-2019, 15:20 PM

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