BTL Lender Improves Criteria For Portfolio Landlords

Great news from one of our favourite lenders for lending to individuals.  The Coventry Building Society have announced some positive changes to their lending criteria for portfolio landlords. Why do we like this lender? Highly competitive rates, simple and efficient application process, great product switch facility and fixed rates with no ERC’s, the only issue…

Commercial Investment – Product improvements from Shawbrook

Landlords are increasingly looking at Semi-Commercial and Commercial Properties as Investment Opportunities due to these properties not being subject to the 3% stamp duty surcharge. For full Commercial Properties the mortgage interest is still allowable as an expense even if the property is held in a personal name. Summary of the key product enhancements from…

Portfolio Landlords

September 2017 saw the Bank’s regulator, the PRA, bring in a new series of requirements that Banks must follow when lending to portfolio landlords.   Below is a series of the common questions we are asked by our landlord clients  Why did the Bank regulator do this?   The regulator, at the time, saw a large increase…

commercial-business-mortgages

Converting Properties to HMO’s

We are often approached by property investors asking about the different funding options converting a property into a HMO. These properties are proving to be increasingly popular high yielding investments for professional landlords. For those landlords considering converting properties into HMOs, there are various financing options that are available. I have provided a comparison of…

Works Funded Refurbishment Loans

Are you looking to refurbish a property and want a loan that covers 100% of the works costs? Continue reading to see how we could help you. Market leading bridging lenders now offer competitively low rates whilst also funding 100% of the works, allowing you to maximise the value of your property. These loans tend…

How to maximize HMO valuations

HMOs remain an ever-popular investment for our professional landlords. In many cases we see investors purchase a residential property with the intention of converting that property into a HMO. Once converted, investors look to refinance at the higher investment value of the HMO (as opposed to the bricks and mortar value) with the objective to…