Agata Rogozinska - Blogs

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  • Setting up an SPV Limited Company



    Buy to let lenders who offer mortgages to limited companies usually require the limited company to be an SPV (Special Purpose Vehicle). Jeni explains what one is and how to get one.

  • Auction Finance for Buy to Let Landlords



    Purchasing residential buy to let properties at auction is an attractive option for many landlords, but property auctions can be a daunting prospect for a first-timer. Consultant Broker, Glenn Franklin-Jones, explains how these auctions work, the type of finance you’ll need and the benefits of purchasing property this way…

  • Converting Commercial Property into Residential Buy to Lets



    Converting a commercial property into a residential buy to let property can be lucrative, but do you know what's involved in a project of this type? Consultant Broker, Glenn Franklin-Jones, explains how to finance small commercial to residential conversions and what you’ll need to do to get things off the ground…

  • Mortgaging Mixed Use Investment Property: An Introduction



    We’re seeing a definite increase in investors opting for mixed use properties – but what’s making them such a popular investment? Head of Commercial, Andy Elley, explains what they are, why they’re popular and what to expect if you’d like to mortgage one…

  • Hotel and B&B Investments: What You Need to Know



    With 20 years of experience sourcing property finance for businesses in the leisure sector, Head of Commercial, Andy Elley, knows a thing or two about investing in B&Bs and hotels. In this blog, he explains what you need to know about investing in B&Bs and hotels and what to expect…

  • Self Employed Mortgages – Dispelling the Myths & Legends



    There’s a big misconception that getting a mortgage when you’re self employed is difficult, if not impossible. Experienced consultant, Erin Gallacher, explains why this isn’t the case, what you need to make an application and what to expect...

  • Buy to Let Fixed Rate Mortgages with Short Early Repayment Charges



    Early Repayment Charges – one of the main drawbacks to longer fixed-term mortgages. What if this wasn’t the case? What if you could have the security of a fixed rate and the option to exit early without incurring charges? Buy to Let consultant, Luke Worrell, explains…

  • When Not to Invest in Buy to Lets Through a Limited Company



    In light of the recent tax relief changes, we talk about Ltd Company borrowing with clients A LOT at Mortgages for Business. Whilst there is no doubt that this is the right way to invest for many, there are still those who choose not to purchase through a Limited Company. Jeni Browne offers her thoughts on 3 key reasons why you might still want to invest in your personal name…

  • Holiday Lets Benefits



    With the rise of Airbnb, beautiful UK summer weather and plenty of European visitors taking to our shores to reap the advantage of the weakest sterling position in memory, it is no surprise that holiday let mortgages continue to grow in popularity. Commercial Consultant, Andy Elley, explains what the benefits are and the type of investments we’re seeing…

  • Pet Friendly Landlords Earn More Money...



    We are a nation of pet lovers, however, for landlords, there can be a lot of love lost when it comes to our furry friends and the damage they can do to a property. Jeni Browne explains the arguments for and against allowing four-legged tenants in your buy to let and what you can do to cover any damage costs…

  • A Guide to UK Commercial Mortgages for Expats and Foreign Nationals



    We’re seeing an increase in Expats and Foreign Nationals investing in UK property; what’s attracting them and what are the benefits? This guide from Mortgages for Business’ Commercial Consultant, Asad Khan, aims to answer a lot of the frequently asked questions, particularly when it comes to commercial investments, and explain the processes involved when investing from outside of the UK.

  • What's Going On In The Northern Property Market?



    With research beginning to show real growth in the Northern property market, Senior Consultant at Mortgages for Business, Gavin Elley, examines the causes and trends across the buy to let and commercial markets in his latest blog. If you’re considering a new investment, you’ll want to read this…

  • Income requirements for Ltd company buy to let mortgages



    We are often asked what income does a limited company need to show to qualify for a buy to let mortgage? It depends on the type of company and the circumstances of the directors and/or shareholders. Luke Worrell, Mortgage Advisor explains…

  • Day 1 Remortgages – Back from Exile?



    As more Day 1 Remortgage products come onto the market, Buy to Let consultant Charlie Potter explains what they are, why they’re special and why they might be useful for you…

  • Will the Demand for Buy to Let Continue to Grow?



    As the government continues to battle out the UK's Brexit, we take a look at the latest research from Foundation Home Loans on what landlords believe may stimulate the buy to let market.

  • Refurbishment Finance – How to Add Value to Your Buy to Let and Commercial Properties



    Following the tax relief restrictions, more and more landlords are looking for ways to increase the value of their rental properties. Refurbishing an out-dated or rundown property is a popular way of injecting value into a property quickly, but what's involved and how can you refurbish if you haven't got a huge amount of capital to invest? Development expert, Paul Keddy, explains...

  • Personal or Ltd Company ownership of buy to let property?



    Income tax relief on buy to let mortgage interest is being restricted but is it more tax efficient and financially better all round to operate your portfolio using a limited company? Buy to let expert Gavin Richardson compares the options.

  • Holiday Let Mortgages FAQS



    The exponential rise of Airbnb and similar sites is encouraging landlords to diversify into holiday lets, as the returns can be considerably higher than buy to let. But how do you finance these properties and will your existing BTL lender allow you to switch income model? Here are the answers to the questions we get asked most frequently.

  • Have you met the modern bridging loan...?



    Traditionally bridging finance was used when a residential property purchase chain had broken down but now the use of this type of finance has expanded. Peter Barnes, Commercial Consultant, looks at how short-term finance has evolved to meet today's market.

  • Using inheritance money to start your property investment journey



    When inheriting property or cash there are many things to consider for your current and future financial plans. Investing in buy to let or starting your own property portfolio might just be the best option for you. Buy to Let Mortgage Consultant, Agata Rogozinska explains…

  • Basics of commercial owner occupier borrowing



    Often business owners aspire to own the property that they run their business from or have an opportunity to purchase a trading business with a freehold. This is often a first step for these business owners into owning commercial property. Peter Barnes, Consultant Mortgage Broker, talks through the basics of commercial mortgages for owner occupiers and provides an insight into how to secure the right finance for your business.

  • Guide to becoming a student landlord



    With impressive yields compared to standard buy to let properties and a steady demand year on year, an increasing number of landlords are choosing to invest in the student let sector. Buy to let consultant, Charlie London, discusses how to become a student landlord...

  • Mortgages for unoccupied commercial properties



    Recently a new term product has entered the market, allowing landlords to secure a commercial mortgage against unoccupied commercial properties without using short term finance. For the more experienced landlord, an unoccupied commercial premises could be an opportunity to purchase at a good value, or to remortgage without a tenant. Gareth Richards, commercial consultant, explores how the product works.

  • How to get a UK mortgage as an expat



    It’s not hard to imagine why people take the opportunity to go and work abroad, especially when the British weather is grey and wet. But what happens if you move abroad and you need a mortgage, or remortgage of your existing property? Gavin Richardson explains…

  • Beneficial Interest Company Trusts - a word of warning



    Since the impact of the income tax relief restrictions took hold in 2017, we are seeing an increasing number of landlords running rental income via Beneficial Interest Company Trusts. These types of Beneficial Trusts are not a new thing, so why are we seeing more of these and what do landlords need to be careful about… Jeni Browne, Sales Director, provides a word of warning to landlords considering this move.

  • Buy to Let Enters a ‘Silver Era’



    As savvy investors are looking to enhance their retirement income through other non-pension means, there has been a rise in older landlords. Andy McOwat, senior BTL consultant, explores how buy to let lenders are reacting to this change in the market and what’s on offer for the over 70’s investor.

  • New lender to the bridging market with no arrangement fees



    It’s always exciting to see a lender bring something new to the table, and it’s even better when they bring in something which we think our clients will love. So, when a very established, long standing, landlord friendly lender announced that they were bringing out a range of short term loans with no arrangement fees, specifically designed for landlords who want to buy a property to refurbish and then let out, our ears pricked up.

  • Guide to remortgaging



    So, you have an established buy to let property with a mortgage…now what? There are various points in your buy to let lifecycle where you may want to consider remortgaging. Nick Helm, buy to let specialist, explains the various reasons for remortgaging your property.

  • New EPC Buy to Let Requirements - One year to go… Are You Ready?



    As of 1st April 2020, all buy to let properties will need to have a minimum Energy Performance Certificate (EPC) rating of E, regardless of when the tenancy started. With financial penalties for landlords who do not meet these requirements, are you prepared?

  • Layered Company Ownership



    More and more clients are looking at new and different tax efficient ways to manage their buy to let portfolios, including limited company ownership. Sometimes these company structures are more complicated, including when the purchasing limited company is in fact owned by another limited company – as known in the mortgage world as a layered structure. Why are we seeing more of these enquiries? Sales Director Jeni Browne explains…

  • Bridging loans: A cheap rate or flexible terms?



    Great for auction purchases and refurbishment projects, these days bridging loans are well priced, quick to secure and cheaper to exit than other types of interim funding but how do you find the best deal? Glenn Franklin-Jones explains and provides a potted history of how the bridging market has developed post Financial Crisis.

  • How to get a mortgage if you’re self-employed



    It’s a myth that it’s very hard to get a mortgage if you’re self-employed. It’s not! In fact, it’s very straightforward, although there are a few things you can do to improve your chances of getting a mortgage offer.

  • Rates and terms on larger commercial mortgages



    Recently, we’ve received a number of enquiries from investors and business owners looking for larger loans to finance both commercial and mixed-use property. So, I thought I’d give you a flavour of what rates and terms you can expect to be offered in the current market.

  • Should you become a landlord?



    When house prices are rising and you have tenants who pay the rent on time, being a landlord is exciting and rewarding. But, when house prices are steady and the economy has stalled, should you even think about becoming a landlord? Expert buy to let mortgage adviser, Agata Rogozinska shares her views.

  • How to get a mortgage on a mixed-use property



    Buildings consisting of shops and offices with flats above are typical examples of mixed-use properties. Both the commercial and the residential element can be let. But because there is a commercial element, these properties can’t be financed with a buy to let mortgage, as Asad Khan, expert commercial mortgage broker explains.

  • 10 most frequently asked questions about incorporating a buy to let portfolio



    Changes to the income tax regime for residential landlords and stricter lending criteria as set out by the Prudential Regulation Authority is forcing landlords to review how they operate their property portfolios. For some owning and borrowing personally will be the most effective route, but for many, particularly those in the higher tax brackets, incorporation is the answer.

  • No house price Armageddon! The outlook for 2019



    Jeni predicts what she thinks will happen to the residential mortgage market in 2019 including what borrowers can expect in terms of pricing, when to remortgage and the increasing options for borrowers over 65!

  • Overnight diary of a mortgage adviser sleeping rough



    On Friday 30 November, like many other mortgage advisers across the country, Gavin Richardson slept rough to raise money and awareness in support of End Youth Homelessness. Here’s how he got on, what he learned and how much he’s raised so far.

  • How to fund home improvements



    UK homeowners are staying put for nearly two decades, choosing to home-improve rather than move, according to a recent report from Barclays. But what is the best way to pay for these renovations? Erin Gallacher discusses.

  • Properties the buy to let lenders don’t always like



    It’s relatively easy to get a buy to let mortgage on a bog-standard house or flat but as soon as you wander away from the norm getting finance can be tricky although not always impossible. As Gavin Elley, expert buy to let mortgage adviser explains.

  • Remortgage or switch but don’t sit on the lender’s SVR



    The penny has finally dropped. Lenders are now working hard to keep their existing mortgage customers, enticing them to stay with a Product Transfer. But how will you know if you’re getting the best deal? Jeni Browne explains what you need to know…

  • Mandatory HMO Licensing Part 2: New conditions



    From 1 October the extended Mandatory HMO Licensing scheme will include two new conditions. New minimum bedroom sizes and rules for the disposal of waste. Here’s what you need to know.

  • How to maximise borrowing on a buy to let mortgage



    Think you know the maximum amount you can borrow when mortgaging or refinancing your buy to let? Think again. Expert mortgage adviser, Andy McOwat, shares his tips for eeking out a little bit more.

  • Mortgages for second homes



    Looking to finance a second home? Expert mortgage adviser, Erin Gallacher, explains the options for purchases and remortgages.

  • Securing a SIPP mortgage on commercial property



    Looking to purchase a commercial property using your self-invested personal pension? Robin Tait highlights the potential benefits of acquiring commercial property in this way, discussing rates and terms along the way.

  • Is there any truth behind the stamp duty rumours?



    According to a recent article in The Sun, buy to let landlords are on the verge of facing another hike in stamp duty. What are the chances of this going ahead? Jeni Browne, Sales Director offers her opinion…

  • First-time landlords buying via a Ltd Co



    Entering the property market and looking to borrow via a Ltd Co? Everyone has to start somewhere, but just how easy is it to to get a Ltd Co buy to let mortgage if you’re new to the sector?

  • Will Bank Rate rise on Thursday?



    Just a reminder that the Bank of England’s Monetary Policy Committee meets tomorrow to vote on whether to move Bank Rate. Their decision will be announced at midday on Thursday 2nd August.

  • 7 tips for buying investment property at auction



    Buying at auction can be pretty fraught. With a lot of money at stake and a tight time frame, preparing beforehand can make the process less stressful and more successful. Here are my seven tips for smoother experience.

  • Buying and financing a commercial property at auction



    You’ve got your sights set on buying a property that’s soon to be auctioned. But you need finance. How much can you borrow? And how quickly can you get the funds released? Gareth Richards, consultant mortgage broker explains.

  • Buy to let is dead, long live buy to let!



    New buy to let borrowing is expected to decline this year as landlords get to grips with stricter regulation and a harsher income tax environment. But is the market as depressed as many headlines would have you believe?

  • How to finance a buy to let refurbishment



    Jeni Browne raves about two new rates and demonstrates how they can be used to buy and renovate a property and generate sufficient profit for your next project.

  • Popular mortgage myths dispelled – part two



    Think you can’t get a mortgage? Think again… Erin Gallacher, consultant mortgage adviser, dispels some of the common myths in part two of her “popular mortgage myths dispelled” series.

  • New semi-exclusive buy to let mortgage rates up to 85% LTV



    Good news for landlords looking to maximise their gearing. There is now another buy to let lender who offers borrowers up to 85% loan to value and Mortgages for Business is one of only five brokers who have been given access to these special rates.

  • Borrowing six times your income is back



    Only available via five intermediaries, including Mortgages for Business, we are delighted to be able to offer customers the chance to borrow up to six times their income.

  • Large mortgages and complicated income streams



    Getting a large mortgage when you have multiple and complex sources of income is not always straight forward but it is possible - if you know which lender to approach – as residential mortgage adviser, Charlie explains.

  • Limited edition buy to let mortgages



    Friday last week saw the launch of two very competitive buy to let mortgages. Both rates are limited edition, meaning the lender has a set amount of money available for these products. Once the money is gone, it’s gone!

  • Buy to Let Lending in Scotland



    For a long time if you were a landlord operating in Scotland your buy to let mortgage borrowing options were fairly limited. Only a few lenders were keen to lend north of the border. Today, all that is changing as Gavin Elley, specialist buy to let mortgage adviser, explains.

  • The cheapest ways to pay for property improvements



    The sun is shining. It’s the time of year when home-owners and landlords start thinking about improving and adding value to their properties. But what is the cheapest way to pay for improvements? Gavin Richardson, looks at the options?

  • How to choose the right mortgage



    A mortgage is probably the biggest financial commitment you will ever take on but where should you go for advice? How do you start looking and how can you be sure that you made the right choice when there are thousands of options available? Pete Coombes has some answers.

  • Should I overpay my mortgage?



    Erin Gallacher, residential mortgage adviser looks at the benefits of overpaying your mortgage and the implications of doing so.

  • Are you prepared for interest rate hikes?



    Many experts predict that the base rate will be raised in May and this could be followed by further rises in the months to come. If hikes do materialise, will your monthly mortgage payments rise? Will you be able to afford it?

  • From buy to let to commercial



    We have seen a pick-up in enquiries from residential landlords looking to move into commercial investment, with a particular increase in those looking to purchase a semi commercial property e.g. shop with flats above. In my opinion, there are two strong reasons for this activity...

  • Buy to let is in the spotlight



    Is buy to let still a healthy market? Paul Martins offers his opinion on how the market has reacted to the rules, regulations and restrictions brought in by the UK Government

  • Specialist lenders vs mainstream lenders for commercial mortgages



    Whether you are looking for an commercial owner-occupier mortgage or a commercial investment mortgage, knowing which lender to approach can be tricky. That’s where we come in... Gareth Richards, consultant mortgage broker gives you an insight into his decision-making process.

  • Peace, love and understanding in buy to let



    In 2017 buy to let lending totalled £34.9bn, just shy of the £35bn best-guess we predicted. The figures were published by UK Finance, the new body which has replaced the Council of Mortgage Lenders.

  • Unsecured borrowing for business expansion



    Are you looking to expand your business? Perhaps you are looking to purchase a new premises, or you need funds for refurbishment. Andy Elley, Head of Commercial Mortgages, explains how we can help business owners achieve unsecured loans up to £10m.

  • Five reasons why 10 year fixed rate mortgages make sense



    Whether you’re looking to remortgage, move to a new house or take your first step onto the property ladder, there has never been a better time to consider taking a 10 year fixed rate mortgage, as Gavin Richardson, Head of Residential Mortgages explains.

  • Why focusing on the headline rate could be costing you £xxx’s



    1.39% (5.6% APR)* - This headline rate looks impressive doesn't it? There's no denying that for some, this rate would work well. Calum Obbard-Banham, Consultant Mortgage Broker explains why a great headline rate doesn't mean the cheapest rate.

  • Mortgages for Expats



    Mortgage applications from British passport holders living or working abroad are on the increase. Emma Knapp, expert mortgage adviser, explains what expats need to know to get the mortgage they need.

  • More interest rate rises than expected



    The Governor of the Bank of England expects interest rates to rise more quickly than he previously anticipated. Jeni Browne looks at the potential impact on borrowers and suggests what they can do to protect themselves.

  • Buy to let borrowing: Landlords must act now



    Buy to let mortgage lending figures for 2017 are out. Steve looks at their impact on the market and predicts how landlords and lenders will react over the next few months.

  • 6 Best Buy to Let Mortgages



    Paul Martins, Head of Buy to Let hand-picks his top 6 buy to let mortgage rates for individuals and limited companies.

  • Is your buy to let mortgage rate about to go up?



    Did you buy a BTL property just before the introduction of the stamp duty surcharge? Yes? If you took out a 2-year buy to let mortgage, now is the time to remortgage onto a better product to avoid paying your lender’s more expensive Standard Variable Rate each month.

  • What are buy to let landlords doing now?



    What do landlords think of the new buy to let landscape? Do they intend to keep on landlording? Is that even a word? Chris Longhurst, expert buy to let mortgage broker, shares a few thoughts and opinions of some of his landlord clients.

  • Why I chose a 5-year fixed rate mortgage now



    Back in 1990, mortgage interest rates peaked at an eye-watering 15.4%. Compare that with today’s rates, some as low as c.1%, and it’s not difficult to appreciate that home-owners have had it pretty good over the last 10 years. But, in the words of Bob Dylan, the times, they are a-changing…

  • Stamp duty relief for first-time buyers



    The introduction of a stamp duty discount for first-time buyers in the Autumn Budget 2017 is generally welcomed. Simon Whittaker, CFO, looks at what this means practically, for those looking to take their first steps onto the property ladder.

  • Buy to let for older borrowers and as an alternative pension strategy



    The Autumn Budget 2017 will be announced on 22nd November and already there are rumours that the Chancellor plans to reduce the annual pension contribution allowance, the lifetime pension allowance and tax relief on pension contributions. If any of these reductions happen, you might consider buy to let as an alternative pension strategy to boost your income in later years. Here are some pointers to bear in mind if you thought you might not qualify.

  • Commercial mortgages and loans for pubs



    Funding solutions to help buy or refinance a pub are available whether you’re an experienced or would-be publican, an investor or developer. The challenge to getting pub finance is more about knowing which lender to approach and how. That’s where a specialist commercial mortgage broker can help, as Andy explains.

  • Why five year fixed rate buy to let mortgages are rising?



    The Bank of England has signaled that there may be two further increases in the base rate in the next three years, so is now a good time to get a fixed rate buy to let mortgage? Paul Martins, Head of Buy to Let, gives his view.

  • Best Buy to Let Remortgage Rates



    With a rise in Bank Rate looming, it is no surprise that lenders are starting to increase pricing. Jeni Browne, Sales Director highlights some of the best buy to let rates available for those looking to remortgage and take advantage of the all-time low pricing before it’s too late…

  • Best Residential Remortgage Rates



    The record low mortgage rates are starting to disappear. Beckie Pepperrell, Head of Residential looks at which lenders have already started pulling rates and what options are still available for those looking to fix.

  • Cheap money anyone?



    A traditional business bank takes up the fight on encroaching challenger banks resulting in some competitive commercial mortgages. Even buy to let landlords want a piece of the action, as Andy Elley explains.

  • Are mortgage rates on the rise?



    Rate changes, criteria amendments and changes to regulation. What is in store for borrowers for the rest of 2017? Beckie tells it how she sees it for home-buyers and movers.

  • BTL is holding its own — for now



    The sector has survived the first tranche of changes better than expected. Opportunities still exist, if approached with a new mindset David Whittaker explains...

  • Why you should use a broker for property development finance



    As with any finance, it's possible for borrowers to 'cut out the middle man' by applying directly to a lender, so why do so many developers go via a broker instead? A skilled broker provides real benefits at every stage of the process, as Paul Keddy explains...

  • Diary of a Buy to Let Purchase Part 18 - Always open the envelope



    Following on from my last blog where I pontificated about doing my own accounts so that I could understand the process, on the Friday before August Bank Holiday, with just five working days before my deadline and me having made the sum total of ZERO PROGRESS on getting anything together, I cracked and called an accountant.

  • No EPC no buy to let mortgage



    In future, landlords may struggle to get buy to let finance if the property does not have the correct Energy Performance Certificate rating, as Paul Martins, Head of Buy to Let Mortgages explains.

  • How to let to buy



    As the name suggests, let to buy is a type of finance which allows you to let out your current home and buy a new one to live in. Beckie Pepperrell, Head of Residential Mortgages, explains how it works and why you might want to use this type of finance.

  • Diary of a First-time Buyer: Part Five - Completion at last



    At this stage in the process, there was very little left for my brother and I to do. It was a little surreal - we were buying our first house, one of the most important milestones in our lives to date, and yet we seemed to be little more than passive observers to the process.

  • Buy to let mortgages with no ERCs



    Think you might want to pay off your mortgage early, but don’t want to be stung with an Early Repayment Charge? Nick Helm looks at the current options available to buy to let landlords borrowing personally and via a Ltd company.

  • Increasing workload should mean increased proc fee



    We have now heard from four lenders on how they intend to approach the specialist underwriting requirements for portfolio landlords come October when the second part of the PRA’s new regime kicks in.

  • Can I get a mortgage on a zero-hour contract?



    With more employees offering zero-hour contracts than ever before it is no surprise that the number of enquiries we receive in this regard has risen. Pete Coombes, residential mortgage broker explains what options are available to those employed on this basis.

  • Portfolio landlords' checklist



    From October 2017, lenders are required to apply a specialist underwriting approach to buy to let mortgage applications from portfolio landlords. In practice this means that you will have to provide lenders with much more detailed information when applying for a mortgage, even if you want a simple remortgage.

  • How Aldermore will underwrite portfolio landlords



    As of 1st October 2017 lenders will need to implement a more thorough underwriting process when considering mortgage applications from portfolio landlords, i.e. where the borrower has, or will have more than four mortgaged residential buy to let properties.

  • Landlords in the dark - an opportunity for brokers?



    Do your landlord clients know about limited company buy to let borrowing and the new underwriting guidelines for lenders lending to portfolio landlords? David Whittaker has been out and about meeting landlords and has found that many are still unaware of the changes to the buy to let landscape...

  • Which brokers provide the best advice?



    Jeni Browne, Sales Director looks at how the mortgage market has changed since she started out in broking and explains why it is now more important than ever to make sure you are seeking advice from a specialist broker.

  • How the new PRA guidelines for portfolio landlords will affect you



    From the 30th of September, lenders must implement changes to the way in which buy to let mortgage applications are underwritten for portfolio landlords. Paul Martins, consultant mortgage broker explains who will be affected and what can be done to prepare.

  • Buy to let lenders still quiet on portfolio landlords



    Come 30 September 2017, the Prudential Regulation Authority expects buy to let lenders to adopt a “specialist” underwriting process when assessing a portfolio landlord’s borrowing suitability. Exactly what those processes will be, brokers and borrowers don't yet know, and time is running out for us to prepare...

  • How mortgage lenders assess your credit worthiness



    Credit score, credit rating, credit profile, Experian CreditExpert, Equifax ClearScore, Callcredit Noddle, who’s who, which is which and why bother? Consultant mortgage broker Charlie London explains the part that these agencies play when lenders are assessing your mortgage application.

  • Will I be accepted for a Ltd Co BTL mortgage?



    You’ve decided to borrow via a limited company, but will you get accepted for a mortgage? Gary McKenna consultant mortgage broker explains what lenders are looking for when it comes to applications from limited companies.

  • Diary of a First-time Buyer: Part One - The decision to buy



    Are you a first-time buyer looking to secure your first mortgage? You are not alone. I too am setting foot on the property ladder for the first time. In the coming weeks I will be chronicling my experiences here, in the hope of helping others as I strike out towards homeownership.

  • Limited edition offset buy to let mortgage



    Offset mortgages are popular and commonplace for home-owners because they can reduce monthly payments and help to pay off the mortgage early. But an offset buy to let mortgage? As far as I know, there is only one currently available. I doubt it will be around for long, so take a look now.

  • How to save £3,368 in BTL mortgage payments over two years



    Is your initial rate period about to finish or are you already paying the BM Solutions' higher reversion rate? Are you struggling to remortgage elsewhere because your rental income no longer meets lenders' stricter Rent to Interest calculation?

  • Stamp Duty FAQs



    Simon Whittaker answers the most commonly asked questions around SDLT - including information on mixed use properties and non-residential Stamp Duty rates.

  • Buy to let rates for loans of £1m+



    If you are a residential landlord looking for a buy to let mortgage of more than £1m on a single property, you’ve come to the right place. Jeni chooses some of her favourite competitive options available and looks at some case studies which demonstrate how we've helped landlords borrow larger sums...

  • Home truths are uncomfortable



    David Whittaker gives his run down of this year’s Great Buy to Let Debate, an event attended by a couple of hundred industry professionals including lenders, brokers, surveyors and letting agents – even the regulator was in the room!

  • Popular mortgage myths dispelled



    Lots of people think that they can’t get a mortgage for lots of different reasons. Erin Gallacher, consultant mortgage adviser, dispels some of the more common myths and tells you how to improve your chances of getting a mortgage.

  • Top 10 Best Buy to Let Mortgages



    Jeni Browne, Head of Sales hand-picks her favourite rates taking into account the differing needs of landlords and property investors

  • Landlord licensing different across the UK



    We blog extensively about the ever-changing world of buy to let finance but perhaps every so often we should consider other factors in the life of a landlord in the private rented sector (PRS). In this blog, I’ve provided an overview of the latest landlord licensing requirements in the four countries that make up the UK.

  • 6 weeks in – how the PRA rules are affecting landlords



    It is now just over a month since the changes to affordability checks, and in particular the stricter rent to interest calculations, were introduced by the Prudential Regulation Authority. But has much changed? Paul Martins, consultant mortgage broker, investigates.

  • Buy to let brokers wake up!



    David Whittaker explains how he is pleased to see that the majority of buy to let lenders have adjusted their affordability calculations, but brokers need to be ready for these changes to affect the shape of the buy to let mortgage market.

  • Phasing in the new tax system for landlords



    It is becoming apparent that there are still some residential landlords and brokers who are not aware of the full impact of the forthcoming changes to how income tax will be calculated. In particular, basic rate tax payers could find themselves being tipped over into the next bracket, as Gavin Elley explains.

  • Leasehold & Freehold Title Ownership: A right to forfeit?



    A topic that appears to be giving some lenders a major headache is the issue of an applicant owning a leasehold title of a property and also owning (all or in part) the freehold title too – this also extends to close family members.

  • £1m+ buy to let mortgages and where to get them



    If you are a residential landlord looking for a buy to let mortgage in excess of £1m on a single property, how easy is it to find a suitable lender? Nick Helm, consultant mortgage broker, explains.

  • Common areas of concern when borrowing via a limited company for buy to let



    Many landlords are now becoming more comfortable with buy to let borrowing via a limited company including the few additional hurdles this brings. However there is still a perception that the process is complicated and harder to get agreed but this is not always the case, as Gary McKenna, Consultant Mortgage Broker explains.

  • What can we expect from mortgage rates in 2017?



    In 2016 we were lucky enough to witness the lowest mortgage rates we have ever seen. Will this trend continue in 2017 or will prices start to rise? Erin Gallacher, consultant mortgage broker offers her opinion.

  • Direct to bank or via a broker?



    In 2016 we saw many of the high street banks continue to restructure and downsize their offerings to SMEs. But how has this affected companies trying to get a commercial mortgage or refinance their business premises? Andy Elley explains.

  • Top tips to speed up your mortgage application



    Stricter regulation means that lenders are looking more carefully at your mortgage application than ever before, so it makes sense to be prepared. Here are my tips on what you can do to ensure that your buy to let mortgage application isn’t held up but it’s worth noting that much of the advice stands for all types of mortgage including residential and commercial.

  • Home-owner mortgages for portfolio landlords



    Not all mortgage lenders accept applications from landlords with four or more mortgaged buy to let properties, irrespective of whether they receive an income from the rents. So what are the options? Beckie Pepperrell explains.

  • Remortgaging your home to raise buy to let deposit



    If you’ve been thinking about taking the plunge and have decided that 2017 is your year to enter the buy to let market or you are considering what else, you could do to compensate for the record low returns on cash investments and savings, the following paragraph may help you decide and the rest of the article may just get you started…

  • More lenders change their rental cover requirements



    Last week we saw another mainstream lender, Santander, announce that it is moving its rental coverage requirements upwards in response to forthcoming affordability assessment changes required by the Prudential Regulation Authority.

  • 5 buy to let mortgages with generous rent to interest calculations



    Buy to let mortgages with generous Rent to Interest calculations are disappearing fast. Come 1 January 2017 lenders will be required to RTIs for landlords borrowing personally. Jeni explains why and reveals some buy to let mortgages rates which have a more generous cover ratio.

  • Changes to HMO licensing imminent



    Chris Longhurst, consultant mortgage broker explains what the Government’s latest consultation on HMO and residential property licensing reforms means for landlords.

  • Are there fewer buy to let lenders up north?



    With lower property values and often lower loan requirements, some landlords believe it’s more difficult to get a buy to let mortgage on property in the North. Fact or fiction? Buy to let mortgage broker Gavin Elley calls it as he sees it.

  • Why we would choose Foundation Home Loans



    With whole of market access we really do have our pick when it comes to lenders. So how do we decide which one to use? Chris Longhurst looks at Foundation Home Loans’ key features and explains when he might approach this lender for finance.

  • Pay more interest now, save more tax later…



    Simon Whittaker takes a look at buy to let stepped mortgage rates and explains why you might be better off taking out a step-down rate instead of a step-up from a tax perspective.

  • Are mortgage rates coming down?



    So Bank Rate has been cut to 0.25%. This means mortgage rates will go down too right?... wrong. Nick Helm, consultant mortgage broker explains…

  • Bridging loan with no monthly interest payments or ERCs



    If you are purchasing a property that needs light refurbishment before it can be let but don’t want to fork out for hefty monthly repayments or redemption fees there is a solution as Nick Helm, consultant mortgage broker explains…

  • Lock into a rate with a low RTI now and complete in 2017



    You’ve decided you want to remortgage your property to ensure you don’t miss out on the 125% rent to interest (RTI) calculation but you don’t want to pay any ERCs on your existing buy to let mortgage… Beckie Pepperrell explains how you can get round this if your current initial term is due to expire in the next six months.

  • Borrowing: six months ago versus today



    Paul Martins, consultant mortgage broker looks at what your rental income would get you today in terms of borrowing compared with six months ago.

  • Stress tests: Why you can borrow more via a Ltd Co



    Borrowing personally or via a limited company – up until recently it wouldn’t have made much of a difference when it came to lenders’ stress tests but this is all changing. Gary McKenna explains how much you will be able to borrow going forward.

  • A buy to let mortgage with no maximum age limit...



    Paul Martins, consultant mortgage broker looks at current age restrictions in the buy to let space and explains what you can do if you’re an older landlord who feels like you’ve been locked out of borrowing due to your age.

  • Getting a mortgage when you are getting divorced



    Getting a mortgage and remortgaging the family home when getting divorced can seem complicated particularly if you don’t know how much you might be able to borrow. But if you understand what the lenders are looking for, it can be fairly straightforward as Jeni explains.

  • How to get an interest only mortgage



    These days it’s much harder to get a residential mortgage on interest only terms. You have to jump through more hoops but it is possible, as Beckie explains.

  • A cheaper alternative to bridging finance



    If you need finance in a hurry but don’t like the rates associated with bridging loans, there is an alternative but you have to be organised. Andy Elley explains.

  • Vote with your head not your heart



    How landlords will vote in the EU Referendum is anyone’s guess but there is a definite air of procrastination amongst them.

  • One way to protect against rate rises if we Brexit



    Yes, we are all bored of talking about the EU Referendum and most people just want it over and done with now. But I am never one to let something like this stop me jumping on the bandwagon!

  • Residential mortgages for self-employed



    Jeni Browne, head of sales answers some of the top questions asked by self-employed people, contractors and business owners looking to get a mortgage.

  • Applying for property development finance



    With the lack of housing in the UK it is no surprise that the number of people looking to get into property development is on the rise, but how complicated is it to get finance for these projects? Gary Mckenna, property finance expert explains.

  • What is a stress test and why do buy to let lenders use them?



    In simple terms, a stress test is the calculation lenders use to determine how much they will lend to the borrower. Here is an explanation of how it is calculated, why the the calculation is getting tougher and what the change ultimately means for borrowers.

  • What is top-slicing in buy to let world?



    In very basic terms, top-slicing is where the lender uses the borrower’s personal income to top up any shortfall in rent which is needed for the borrower to obtain the loan amount they require.

  • Split stress tests are the way forward



    Ever since George Osborne's announcement last July, lenders have been considering what changes to make to reflect the future reduction of landlord tax relief.

  • Mortgages for holiday lets



    Are holiday lets profitable? What mortgage rates are available from lenders? What deposit do I need? Andy Elley, consultant mortgage broker explains.

  • Buy to let mortgage of the week - keep your options open with no ERCs



    Unsure if you want to lock into a fixed rate? Or perhaps you are considering borrowing via a limited company, but still have some research to do before you make your decision? Jeni Browne, Head of Buy to Let and Residential Lending explains why this rate could be worth considering if these questions apply to you.

  • Buy to let hasn’t fallen off a cliff



    March was an extremely busy month for the buy to let industry as we all raced to get deals over the line before the introduction of the 3% stamp duty surcharge.

  • More clarity required from PRA on BTL underwriting proposals



    In the latest of a string of Government crackdowns affecting the buy to let mortgage market, the Prudential Regulation Authority (PRA) published a consultation paper (CP11/16) in March proposing stricter underwriting standards in a bid to prevent the market from overheating.

  • Completing BTL purchases before 1st April 2016



    If you’re submitting a buy to let purchase application with a lender today, it’s probably too late to get to get case completed before the 3% stamp duty surcharge on additional residential property purchases is introduced on 1st April 2016.

  • A positive perspective post April



    The last few months have seen a fair bit of bad news for landlords, Jeni Browne explains why buy to lets are still a good investment

  • Landlords doing nothing is not an option



    Many higher tax rate paying individual landlords and property investors believe that the Chancellors’ proposed tax changes will not impact their portfolios. They are wrong. Here’s why.

  • Diary of a Buy to Let Purchase Part 8 - The Method Behind the Madness



    As I was eating my 173rd mince pie of the festive season (a very merry Christmas to you all – hope you got something nice……. I got fatter), I realised that I have neglected to mention what I am actually buying (I guess you know it’s a property but what type exactly) and why.

  • The good and the bad of buy to let mortgage lending in 2015



    It’s been a rollercoaster of a year for landlords, which despite much bad press, hasn’t been all bad. Actual lending figures won’t be published by the Council of Mortgage Lenders until February but I anticipate that gross lending to be in the region of £32 billion, up from £27.4 billion in 2014.

  • Diary of a Buy to Let Purchase Part 7 - Reality bites…



    Clearly rested and rejuvenated from my Center Parcs Break (anyone who has done this type of thing with children knows you come back needing a holiday. A real one. With cocktails and sun. And NO kids), today I have been tackling my new venture with aplomb.

  • Borrowing through a newly set up limited company



    Jeni Browne, head of residential and buy to let lending at Mortgages for Business answers one of the questions we are asked regularly at the moment – Can I borrow through a newly set up limited company?

  • Capital Gains Tax and tax schemes - will they work?



    Simon provides an update on the current Capital Gains Tax situation for landlords and asks whether tax schemes for landlords will actually be acceptable to HMRC and work to reduce the amount of tax due.

  • February will be too late



    What does the 3% stamp duty surcharge mean for landlords looking to finance buy to let property? Steve Olejnik gives his opinion and shines some light on possible routes forward.

  • Still recommending 5-year fixed rate buy to let mortgages



    Despite calls for clarity, the implications of the government’s proposed changes to BTL tax relief seem pretty clear to me: Higher tax-paying individual landlords, and those who will tip over into this bracket, will have to pay more.

  • Buy to let - from personal to limited company ownership



    Prior to now, when asked by clients whether buy to let properties should be bought in their own names or whether they should use a limited company we have always said “it all depends”. Well the Summer Budget 2015 has altered everything and whilst the answer is still “it all depends”, the balance has shifted markedly in favour of limited companies.

  • Is George limiting buy to let?



    George Osborne’s proposal to restrict tax relief for wealthier landlords will no doubt be fiercely debated by interested parties in the coming months.

  • FAQs on buy to let mortgages for limited companies



    The proposed changes to buy to let mortgage interest relief on personal borrowing in George Osborne’s Summer Budget 2015 has sparked a flurry of questions about property investors switching to borrowing in via a corporate vehicle.

  • Is 18% too much?



    Lending figures for Q1 2015 published by the Council of Mortgage Lenders show that buy to let loans accounted for 18% of all mortgages.

  • Business as usual?



    In the run-up to the General Election the buy to let mortgage market was quieter than usual.

  • House building pledges in the Conservative Party manifesto



    All of the main political parties recognise that Britain is suffering from a severe shortage of housing and most developers are chomping at the bit to get building but will they be supported by whichever political party/ies wins the forthcoming General Election?

  • House building pledges in the Green Party manifesto



    Houses and flats are now sites of speculation rather than simply somewhere to call home. The Green Party wants Britain to return housing to its original purpose: providing everyone with affordable and sustainable shelter. Here’s what its manifesto says with regard to house building.

  • House building pledges in the Labour Party manifesto



    The Labour Party manifesto says that insufficient houses are being built, young people have been priced out of home ownership and homelessness is rising. Here’s how Labour plans to overcome these issues:

  • PDR affecting development finance borrowing



    When looking for development finance, how lenders interpret the implementation of Permitted Development Rights has thrown a spanner in the works for property developers. Steve explains and looks at the current borrowing options for developers.

  • Tax-saving opportunity for landlords ends on 6 April 2015



    The Landlord Energy Saving Allowance (LESA) permits landlords to deduct up to £1,500 from taxable profit for approved energy saving expenditure on each rental property. But if you are looking to take advantage of this allowance, you'd better hurry up because it ceases to exist in April 2015. Here's how it works.

  • Whither interest rates?



    Simon Whittaker, Finance Director, offers his prediction on the future of interest rates in the UK.

  • New 85pc LTV buy to let finance for purchases



    As a fan of innovation in the buy to let mortgage market, I am pleased to announce that Mortgages for Business is involved in piloting a new 85% buy to let purchase product. Here’s how it works and how you can get access to it.

  • Regulated buy to let mortgages could scare lenders away



    A few buy to let transactions are already regulated but finding a lender can be difficult. Jeni Browne, head of regulated and buy to let lending, considers whether proposed regulation of accidental landlords will scare lenders away from these types of transactions altogether.

  • Interest rates may rise sooner than expected



    If you read all of the commentary about Mark Carney’s Mansion House speech on Friday 13th June 2014 you will almost certainly be left believing that the Governor said that a rise in Bank Rate is imminent.

  • The buy to let saga continues



    Jeni Browne discusses why buy to let lenders impose age restrictions on borrowers. She also looks at which lenders can help older borrowers.

  • Playing the long game



    Jeni Browne discusses whether it's worth considering a 10 year fixed rate residential mortgage.

NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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