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mortgages ukmortgages ukI've just started a brief introduction to area of the uk mortgage market, the posts i've used were fir the 1st time buyers looking to get on the mortgage ladder and the second was for those looking to use the buy to let opportunites as an investment Articles
Mortgage broker in suffolk
2007-05-08 13:52:00 Are you looking for a Mort gage Broker in suffolk who doesn't charge a fee? look no further, John Beavers @ Newleaf Financial Services, covers all aspects of the Mortgage market whilst always keeping your best interests at heart. More About: Gage
mortgages and buy to lets uk
2007-02-17 19:49:00 I'll keep this short, If you've been thinking of moving into the Buy to let market, there are a couple of things to be aware of from the Mort gage perspective, You'll want atleast 10% deposit to get a selection of lenders available to you. The problem you'll face is the Estimated Rental Value of the property, different lenders require different levels of cover, typically ranging from 100% -150% of the interest only payments of the mortgage. At 90% loan value it'll be very difficult to get sufficient rental income to satisfy the lenders, things are changing though, I spoke to a lender that is offering 90% loans on a BTL basis with no rental requirement, yet there are certain stipulations.Hope that made sense, Sorry if I seem a little distracted I was watching the Grammy's on TV while I wrote this. Have a good one.Johnwww.jbmortgagesolutions.co.uk More About: Mortgages , Gage
getting on the uk Mortgage ladder
2007-02-14 11:01:00 What a time to be looking for a Mort gage , the interest rates have risen twice in a few short months and the general feeling is that another rise will happen sooner rather than later. House prices continue to increase meaning that the next generation of 1st time buyers will have an even steeper hill to climb to secure that 1st purchase. With affordability calculators rather than the historic income multiple calculations, lenders have the potential to offer far greater loans based on the same income and as for the repayment term, I recently noticed a mortgage for 52 years and you thought you were retireing at 65....Fortunately it's not all doom and gloom, only this week I've received new product details from companies offering short term incentives for the 1st time buyer such as Low or no fees, free valuations and no higher lending charges on 100% mortgages...all good news for the newbie, but they won't be around forever.If you have any mortgage questions you'd like answering, pos... More About: Gage , The U |
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