Comments and views on the latest developments in buy to let, commercial and residential mortgages from our resident experts at Mortgages for Business.
Buy to let and commercial mortgage bloggers:
David Whittaker, Managing Director
Steve Olejnik, Sales Director
Jeni Browne, Head of Residential & Buy to Let Lending
Mike Freeman, Head of Specialist Underwriting
Simon Whittaker, Finance Director
Residential mortgage blogger:
Jeni Browne, Head of Residential and Buy to Let Lending
The buy to let saga continues
Last week saw The Mortgage Works make a monumental change to its lending policy – previously you could apply for a buy to let mortgage aged 84 and below and it could run to your 90th birthday. Now, there is no maximum age on when the mortgage can be repaid, but you can be no older than 70 when it starts.
Implications of 15pc Stamp Duty Rate for Limited Companies
Why the extension of the 15pc stamp duty rate on properties costing over £500k purchased by limited companies won’t affect most landlords financially.
Playing the long game
Recently a client asked me for a 10 year fixed rate home-owner mortgage. As I began researching, I admit I was thinking it was a waste of time, no one ever takes a 10 year fixed these days, they are always far too expensive. So when I saw a 10 year fixed at 3.89%, I have to say I felt a little sheepish.
Why investors should consider five year fixed rate buy to let mortgages
The Bank of England published yesterday its quarterly Inflation Report incorporating its new “forward guidance” on future interest rates. So what do we know now that we didn’t know before? And how does it affect buy to let mortgage rates?
What the Autumn Statement means for property investors
There were a few announcements in this year’s Autumn Statement that could affect landlords, property investors and developers dealing in both residential and commercial real estate. We look at the good and the bad.
Will buy to let mortgages be affected by the changes to the Funding for Lending Scheme
Steve Olejnik, sales director, explores what impact the changes of the Funding for Lending Scheme announced by the Bank of England could have on buy to let mortgages.
Buy to let options for new and experienced landlords
Listen to David Whittaker, managing director at Mortgages for Business, comments on the results of the latest Property Investor Survey which indicates that investors are looking to borrow more in order to expand their portfolios.
Latest research on the true cost of buy to let mortgages
Listen to David Whittaker, managing director at Mortgages for Business, comments on the results of the latest research of the true costs of buy to let mortgages and questions if now is the right time to fix rates.
Options for company applications
Listen to David Whittaker introducing two rates for company applications as well as a very competitive option suitable for the more standard buy to let properties.
The great buy to let mortgage divide
Jeni reports on the latest developments from buy to let lenders, in particular at the ever increasing divide between vanilla mainstream and specialist lenders.