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Green Homes Grant for Homeowners and Landlords

One of my earlier posts referenced the Green Homes Grant whereby Homeowners and Residential Landlords in England can apply for a Green Homes Grant voucher towards the cost of installing energy efficient improvements to their properties. Rules apply, but  under the scheme the Government will potentially contribute up to £5,000 to cover two-thirds of the […]

Leaseholders to be given right to extend lease by 990 years at zero rent

The UK government announced today that it plans to pass legislation giving the right to leaseholders to extend their lease by 990 years at zero ground rent. This will apply to both leasehold houses and flats and the government estimates it will benefit some 4.5m leaseholders. Housing secretary Robert Jenrick said: “Across the country people are […]

Mortgages for Older borrowers

One of our building society contacts reminds us that they have residential mortgage products for older applicants including Repayment and interest only Repayment plan may be downsizing (or not, as the case may be) Applicants up to age 85 All subject to criteria of course, but possibly better than equity release for some people.

Finance for Holiday Lets

Amid continuing interest in the Holiday Let market, we received a reminder today from one of our Building Society contacts of their appetite for Holiday Let mortgages, including properties to be occupied by the borrower for part of the year let for the remainder. Air BnBs and applications from ex-pats are also considered for Holiday […]

Green Homes Grant for Homeowners and Landlords

Homeowners and Residential Landlords in England can now apply for a Green Homes Grant voucher towards the cost of installing energy efficient improvements to their properties. Rules apply, but  under the scheme the Government will potentially contribute up to £5,000 to cover two-thirds of the cost of eligible improvements, with the property owner contributing the […]

Zephyr Homeloans

Zephyr Homeloans, a relatively new Buy to Let specialist lender, announced reduced interest rates across its product range. Highlights include: Rates from 2.49% New 7 Yr. Fixed Rates available from 3.30% 5 Yr fixed rental stress from 125% at pay rate Maximum age 95 at completion of mortgage HMO’s to 6 bedrooms MUFB’s up to 6 […]

Cashback from Keystone Mortgages

Keystone Mortgages have introduced a cashback offer on their entire Buy to Let mortgage range – both purchases and remortgages. Cashback will be £750 on loans up to £250,000, and  £1,250 on loans between £250,001 and £1m. Available on standard and specialist mortgage ranges for both individuals and limited companies. Contact David or Pav for […]

Hampshire Trust increases minimum loan to £200k

In announcing an increase in the minimum loan amount from £100k to £200k, Hampshire Trust remarked ‘We continue to expand and diversify our products and proposition and are the lender you can rely on for genuinely specialist funding solutions. As a reminder, we currently lend on complex requirements including portfolio landlords, holiday lets, HMOs, semi-commercial, […]

One Savings Bank and Chartercourt Financial to merge

One Savings Bank Group and Chartercourt Financial Group have agreed to a merger it has been announced. The transaction now requires approvals by shareholders and regulators before it becomes final. One Savings Bank includes well-known Buy to Let and Residential mortgage lender Kent Reliance as well as Commercial and Semi-commercial lender Interbay, while Chartercourt will […]