Tag Archives: buy to let

The importance of using a buy to let mortgage broker

Is it the right time to invest in buy to let? It’s hard to predict the future but we all still have to plan and make decisions, to save and invest. If property investment fits with your financial plans then it is equally important to research the finance correctly. So, if you think the time [read more]

The Wrong Mortgage

It still happens too frequently that, in pursuit of a cheap interest rate, people will use an inappropriate mortgage product, intentionally misleading the lender.. Essentially, in the minds of mortgage lenders, there are 4 uses for your property and the mortgage lender arranges pricing and mortgage terms and conditions in accordance with the risk that [read more]

What is a holiday let mortgage?

What is a holiday let mortgage?

Mortgages offered on a holiday let basis contain clauses specific to the business of holiday letting. So, as an example, their mortgage offers contain a clause disallowing any form of long term letting on an Assured Shorthold Tenancy (AST) basis. So the property can be used as a holiday but cannot be used as a [read more]

Buy to Let Property Investment

In the Budget of 2015, the Chancellor, George Osborne, made an announcement that rocked the buy to let property investment market to the core. Tax relief for residential landlords was changing. A Landlord’s ability to claim finance costs against rental income was being reduced in a bid to make buy to let property investment a [read more]

Buy to Let vs Holiday Let

Holiday let cottage

It is important to understand the differences between these two categories. Just because the both involve letting does not mean that they are similar; in fact the word “let” is possibly the only similarity. The law, taxation and finance for these including much of the underwriting rationale for the finance are quite different Let us [read more]