How to borrow more on your buy to let Interest rates have gone up, the cost of your buy to let mortgage is higher, you can’t borrow as much as you once could and you can no longer finance the new purchase or refinance that mortgage where the fixed rate has expired. Wrong. Buy to
-> Continue reading Borrowing More on Buy To Let
Rising Interest Rates – Why Cost is NOT the big issue The biggest problem with rising interest rates is not that it increases the cost of your finance. Let that sink in… The biggest issue with rising interest rates is not that it will increase the cost of your finance but that it changes the
-> Continue reading Rising Interest Rates – Why Cost is NOT the big issue
How To Mortgage a Holiday Let For mortgage purposes a holiday let is a property that is not your main residence, is not let out on a standard AST and is let for a short period by different occupants across the year. Holiday lets are an increasingly popular option for property investors, research by Suffolk
-> Continue reading How To Mortgage a Holiday Let
Non Standard Construction We see this question all the time from lenders, ‘is the property of standard construction?’. Which begs the question of what is standard construction and what will standard construction be going forward? Plus, how do I mortgage a property that isn’t of standard construction? The key point here is that construction of
-> Continue reading Non Standard Construction – The Next Mortgage Hurdle
The EPC Challenge Facing Buy To Let In 2015 the government introduced the Minimum Energy Efficiency Standard (MEES) requiring landlords to ensure that by 2025 all newly rented properties reach an Energy Performance Certificate (EPC) rating of C or above. This will extend to all rental properties by 2028. The big question is around how
-> Continue reading The EPC Challenge Facing Buy To Let
The Mortgage Arrears Dilemma A recent report highlighted the increase in severe mortgage arrears had increased 16% from Q2 2020 through Q2 2021. Severe mortgage arrears are those loans where the arrears balance is between 2.5% and 5% of the loan total. Buy to let mortgage arrears in the same category have increased 134% in
-> Continue reading The Mortgage Arrears Dilemma
IR35 & Property Investment Since April 2021 HMRC introduced changes to IR35. This meant that all public sector clients and medium or large-sized clients outside the public sector became responsible for deciding on the worker’s employment status. This meant that many contractors and freelancers who were IR35 now became employees with their client now being
-> Continue reading IR35 & Property Investment Demand
Rental Incomes on The Move It seems to have been a rollercoaster ride for the residential rental sector over the last 18 months, leading us to a place where very few would have predicted when the pandemic began. Back at the start of the pandemic we saw lenders withdraw, nervous of job losses, voids and
-> Continue reading Rentals incomes on the move