Limited company mortgages are becoming a common way landlords manage their properties. Landlords may experience reduced tax liabilities and more forgiving loan terms from lenders by holding a property through a limited company. This manual will explain the benefits of owning a buy-to-let property through a limited company and how landlords can get financing. Professional […]
Despite an increase in stamp duty in 2016 and a change in how the taxman calculates the earnings of investors who rent out the property for profit, the buy-to-let (BTL) landlord industry is still thriving. But what kind of down payment is required in 2019 to get a buy-to-let mortgage? Most people believe you’ll need […]
We get a lot of questions about reverse mortgages from our clients as BTL mortgage brokers. This relatively new financing product has started taking off over the UK market, especially among seniors and people nearing retirement age who want to leverage the home equity. In 2020, over 73,000 homeowners aged 55 and up in the […]
BTL mortgages are a great way to invest in real estate, and if you’re thinking of getting one or just knowing more about them, you’ve come to the right place. A Buy To Let mortgage is a home loan used to purchase property and rent it out for a profit to residential renters. In the […]
While having a second house is still a luxury that a selected few can afford, the number of Britons who own several properties has increased significantly over the years. In fact, over 10% of the adult population now owns a second house, and the trend shows no sign of stopping down. The reasons for buying […]
When you’re getting a divorce and own rental properties, the process of dividing the asset becomes more complex. Divorce could be a complex process, and the more properties you own, the further complex it can become. So, what should you know? The first step is to hire a lawyer, a property tax specialist, a financial […]
The world of buy to let is one that many of us dream about. Buy a property, rent it out, and watch the cash roll in. Then buy a couple more properties, and boom! You can give up your day job as here you have your own lucrative buy to let portfolio. Is it really […]
Choosing the right form of mortgage might save you thousands of pounds, but it is very important to learn how it operates. When taking out a mortgage, you can fix the interest rate for a defined amount of time. The mortgage interest rates can be fixed (for a period of time) or variable (may increase […]
After the Mortgage Sector Review in 2014, getting a mortgage has become tougher than before due to regulatory requirements. It is easy for an Buy To Let mortgage application to be rejected if it is not done carefully or not meeting lenders criteria. Hence, it is important to understand the most common reasons for any […]