We are officially launching our calculator. https://www.mortgagesolutions.co.uk/news/2024/11/28/broker-builds-btl-calculator-to-deliver-instant-responses/

Rate sensitivity calculator Which deal is better?   Lender A: 2 year: Bank base + 0.7% (3.75 + 0.7) = Pay rate 4.45%. Fee 995.Lender B: 2 year fixed 5.25%. Fee 995 Consider these two scenarios for a remortgage.   Scenario 1: Bank of England hikes rates by 25 basis points every 3 months.  The variable rate…

80% LTV Buy to Let Mortgages Many investors and even brokers mistakenly assume that an 80% LTV mortgage automatically results in a higher loan compared to a 75% LTV deal. However, this is not always the case. In fact, the maximum loan amount often depends more on the property’s rental income and the Interest Coverage…

Latest News with product update. https://www.financialreporter.co.uk/axessmax-enhances-broker-buy-to-let-tool-with-new-fees-calculator.html

New from Coventry BS – Limited Company BTL A Summary There is only one LTV at 75% for both 2 & 5y. It is priced above their individual buy to let rates. Lowest for individual purchases being 4.48%, the Limited Company rates are priced at 5.16% and 5.18%. With the high default rates and pay…

Moda mortgages – Every product to Every customer All at Once.  A new comer to the BTL lending orbit is Moda mortgage.  They have one of the most streamlined product ranges of all.   Similar to what Hampshire Trust Bank does. There has been some product shrinkflation with some lenders in the market.  However, instead…

Being flexible with maximum loan calculations. For an SSC or a Single Self Contained purchased on personal name, there are approximately 50 lenders. Current maximum fee on a Single Self Contained  BTL purchased in personal name, can be as high as 7% with lenders like CHL, Vida, West One.  Specifically when the maximum loan is…