Entries by David

ExPat products from Paragon Mortgages

Paragon Mortgages has introduced a range of Buy to Let mortgages for ex-pat applicants. Applicants can be individuals, limited companies with ex-pat directors, or limited liability partnerships with ex-pat members. Properties in England, Scotland and Wales considered. No minimum income requirement for applicants although disclosure of income is required. For further details contact ibmco.

Free valuations from Fleet Mortgages

Fleet Mortgages’ new range of Buy to Let mortgages includes free valuations for properties up to £500k value. Fleet Mortgages affordability calculation is 125% cover calculated at 5% across the board, irrespective of applicant tax band and they lend to Limited Companies, also considering HMOs and Multi Unit as well as standard properties. Contact ibmco […]

RIO – Retirement Interest Only mortgage

Slowly but increasingly lenders are considering interest only residential mortgages with no or extended end dates for older and retired applicants. Additionally at least one lender has announced acceptance of properties in retirement developments – where ownership is restricted for example to those over age 55. Traditionally lenders have shunned such properties because of the […]

Precise Mortgages Refurbishment Buy to Let Mortgage

Precise Mortgages have commenced a pilot scheme of their new refurbishment Buy to Let mortgage scheme. Effectively a combination of bridging loan and Buy to Let mortgage the scheme can provide simultaneously an offer for the initial advance and an offer for the long term BTL mortgage based on expected value after refurbishment. Available now […]

Kensington Mortgages new Buy to Let mortgage range

Northview Group which includes Kensington Mortgages and New Street Mortgages has decided to simplify its brand offering by combining all mortgages in future under the Kensington banner. At the same time the Kensington Buy to Let range has been extended to include Limited Company borrowers, experienced and first time landlords and new build properties. There […]

85% Buy to Let from Kensington Mortgages

Kensington Mortgages launches its new range of Buy to Let mortgages today 12 June 2018. These include mortgages of 85% loan to value, Kensington joining a small but growing panel of lenders at this level. Mortgages are available to individuals and companies, with some products having no arrangement fee. Kensington lend on properties in Scotland […]