Why Product Transfers are becoming important in Ltd Company BTL

With the increased costs involved to refinance within a Ltd Company, we are seeing more and more lenders introducing retention products, such as product transfers.We explain why product transfers are becoming important. What is a product transfer? A product transfer is transferring your current mortgage deal (when you do not need to increase the loan…

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Why commercial valuations are used for residential investment property

Have you ever wondered why your residential investment property has received a commercial valuation? We have reached out to Appraisers UK Ltd, a leading panel manager that manages valuations panels for a number of lenders, to find out the answers for you.   What are commercial valuations and why are they used for residential properties?   Firstly, the reference to “Commercial Valuation” is historic, due to the free-script valuation report template, mainly being used for…

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Finance Solutions for flats below 30 sqm in size

Are you finding it difficult to get the finance in place on a Multi-Unit Block of Flats  containing individual units smaller than 30 sqm? This could be for a potential purchase or even on a remortgage of a block that you already own!  For many lenders in the market there is not much of an appetite to lend on these types of assets. The level of expertise required to be able to find a solution is far greater than the knowledge needed to place…

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