Finance & Investment Questions

Topics	Statistics	Last Post
Sticky: Mortgage News by loanarranger Started by loanarranger, 23-12-2015, 19:43 PM	281 responses 21,296 views 0 likes	Last Post by loanarranger 25-10-2018, 21:22 PM
Re -Mortaging Current BTLs by Pjspropertymill Started by Pjspropertymill, 10-12-2018, 15:04 PM	10 responses 105 views 0 likes	Last Post by loanarranger 12-12-2018, 16:24 PM
BTL accepting lease agreement by Beanbag75 Started by Beanbag75, 11-12-2018, 15:06 PM	3 responses 46 views 0 likes	Last Post by loanarranger 12-12-2018, 10:52 AM
£180k cash to invest- what to do? by sony Started by sony, 03-12-2018, 23:01 PM	8 responses 172 views 0 likes	Last Post by RedHitman 10-12-2018, 08:18 AM
Accountancy Costs for SPV LTD by buy2letboy Started by buy2letboy, 05-12-2018, 09:47 AM	5 responses 81 views 0 likes	Last Post by Gordon999 08-12-2018, 05:01 AM
Will I have to pay stamp duty? by Bricko7 Started by Bricko7, 05-12-2018, 13:36 PM	1 response 47 views 0 likes	Last Post by loanarranger 05-12-2018, 13:58 PM
How are Experian going to collect rental data payment records by banner257 Started by banner257, 03-12-2018, 17:40 PM	4 responses 69 views 0 likes	Last Post by jpkeates 05-12-2018, 10:20 AM
Purchasing a Freehold by DaveP Started by DaveP, 21-11-2018, 14:47 PM	4 responses 94 views 0 likes	Last Post by Gordon999 03-12-2018, 02:17 AM
Re mortgage completion by Propertygoesup Started by Propertygoesup, 30-11-2018, 18:37 PM	7 responses 80 views 0 likes	Last Post by loanarranger 02-12-2018, 21:46 PM
re-assignment and mortgage and the process by iamauser Started by iamauser, 28-11-2018, 21:13 PM	11 responses 82 views 0 likes	Last Post by loanarranger 30-11-2018, 17:06 PM
Recycling finances between personal name + company by kamsingh Started by kamsingh, 28-11-2018, 19:23 PM	4 responses 60 views 0 likes	Last Post by loanarranger 29-11-2018, 10:24 AM

Re -Mortaging Current BTLs

Pjspropertymill

Hi all . Just had a quick question on raising some capital on mu current portfolio of 5 buy to let’s . We bought each house Atleast 10k under market value and we have added around 5k of value in each based from other sold houses in the area and same streets .

When I first bought the...
- Channel: Finance & Investment Questions
10-12-2018, 15:04 PM
Reply to Re -Mortaging Current BTLs

loanarranger

Paragon
Kent reliance
Vida Homeloans
Precise
Kensington
The Mortgage lender
Aldermore
Ipswich
The Mortgage Works
Magellan
Chorley BS
Pepper Money
Hanley Economic
Virgin Money
Landbay
Foundation Home loans
...
- Channel: Finance & Investment Questions
12-12-2018, 16:24 PM
Reply to Re -Mortaging Current BTLs

Pjspropertymill

Yes this helps a lot . If you don’t mind can you send the details of the providers ? I’m keen to get things moving...
- Channel: Finance & Investment Questions
12-12-2018, 13:40 PM
BTL accepting lease agreement

Beanbag75

Hi All.

Dipping in for some advice please.

I have a property with current BTL of 75%. No adverse credit etc..
Struggling to find a lender who will accept my current tenant going forward as it's leased to a care home operator.
One lender had agreed to the tenant,...
- Channel: Finance & Investment Questions
11-12-2018, 15:06 PM
Reply to BTL accepting lease agreement

loanarranger

I am assuming that the agreement is with a Care Home which is a Limited Company and the persons occupying the property are in fact employees and not "Guests" Such agreements can be accepted by certain lenders but the lease has to meet the requirements of the lender. The fact that your have...
- Channel: Finance & Investment Questions
12-12-2018, 10:52 AM
Reply to Re -Mortaging Current BTLs

loanarranger

A snapshot of my sourcing system indicates that there are in excess of 12 lenders accepting Remortgage applications at 80%; two year rates start at 3.19% and 5 years at 3.78%, each scheme having its own fees and possible incentives.
Hope this helps in your deliberations
- Channel: Finance & Investment Questions
11-12-2018, 21:40 PM
Reply to Re -Mortaging Current BTLs

loanarranger

I can only comment on the borrowing attitudes of my clients. Despite the opportunities which BtL have presented to investors since 1996 , investors have changed tack from the Wild West day’s of capitalising on the growth in property values right up to gearing at 85% thereby enabling the acquisition...
- Channel: Finance & Investment Questions
11-12-2018, 21:03 PM
Reply to Re -Mortaging Current BTLs

Pjspropertymill

The numbers work superbly so I wouldn’t want to sell the houses in order to get the equity I would prefer the refinance route and keep them rented out . Do many people remortgage buy to let’s based on 10-20k of equity ?...
- Channel: Finance & Investment Questions
11-12-2018, 18:18 PM
Reply to Re -Mortaging Current BTLs

Claymore

Nice numbers :-)
- Channel: Finance & Investment Questions
11-12-2018, 17:57 PM
Reply to BTL accepting lease agreement

Beanbag75

Thanks for the reply.
I've gone through quite a few brookers and nothing is being placed on the table.

So basically I've been looking in the wrong pool of lenders?
I did approach a commercial lender but they were talking of fees of 5k + product fees....on a 120k loan I found...
- Channel: Finance & Investment Questions
11-12-2018, 15:28 PM

Latest Topics