web-archive-uk.com


Web directory, archive
Search web-archive-uk.com:


Find domain in archive system:
web-archive-uk.com » UK » M » MORTGAGESFORBUSINESS.CO.UK

Total: 798

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • SPV limited company refinances flat above commercial premises | Mortgages for Business
    to apply Types of mortgage Residential Stamp Duty Calculator Research Case Studies Complex Buy to Let Index Buy to Let Mortgage Product Index Buy to Let Mortgage Costs Index Limited Company Buy to Let Index Property Investor Survey Money Markets FAQs FirstRate MFB TV Helping brokers with Buy to let mortgages Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies SPV limited company refinances flat above commercial premises 29 04 15 Buy to let Mortgages Case Study We were contacted by a husband and wife who were looking to refinance one of their rental properties through their SPV limited company Both of the clients are experienced investors owning 3 buy to let properties in their personal names and 3 investment properties through their limited company They were looking to expand their portfolio so wanted to refinance one of their rental properties to raise capital The property they were looking to raise finance against is a 2 bed flat above a café in North London Most mainstream buy to let lenders won t accept SPV limited companies or flats above commercial premises which made placing the deal more of a challenge Because of this we decided to approach a peer to peer lender who takes a more common sense approach to lending and assesses the application as a whole After taking the clients experience and background income into consideration they decided they were more than happy to lend on the property and offered a competitive rate Here are the details of the deal

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/spv-limited-company-refinances-flat-above-commercial-premises/ (2016-02-16)
    Open archived version from archive


  • Second charge mortgage to raise finance for further property investment | Mortgages for Business
    Costs Index Limited Company Buy to Let Index Property Investor Survey Money Markets FAQs FirstRate MFB TV Helping brokers with Buy to let mortgages Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies Second charge mortgage to raise finance for further property investment 01 04 15 Buy to let Mortgages Case Study The clients are a married couple with a portfolio of more than 10 properties The husband devotes his time to managing the properties and the wife runs her own separate successful business They approached us looking to raise finance against one of their current buy to let properties to provide a deposit for a new buy to let investment The property they were looking to raise finance against was a mid terraced 3 bed Victorian house in Manchester They were keen to raise the funds without being limited by the current rental income which would not allow for further borrowing We suggested that the clients consider taking out a buy to let equity loan This is a type of second charge mortgage which has no monthly repayments Instead the loan amount is repaid along with 40 share of any increase in the property value during the life of the loan subject to a minimum repayment of 2 per annum simple interest This suited the clients as it did not affect their cash flow would potentially allow them to borrow up to 20 of the property s value up to a combined loan to value with the first mortgage of 85

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/second-charge-mortgage-to-raise-finance-for-further-property-investment/ (2016-02-16)
    Open archived version from archive

  • 75 year old landlord refinances 7-bed HMO | Mortgages for Business
    Loans Fees How to apply Types of mortgage Residential Stamp Duty Calculator Research Case Studies Complex Buy to Let Index Buy to Let Mortgage Product Index Buy to Let Mortgage Costs Index Limited Company Buy to Let Index Property Investor Survey Money Markets FAQs FirstRate MFB TV Helping brokers with Buy to let mortgages Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies 75 year old landlord refinances 7 bed HMO 01 04 15 Buy to let Mortgages Case Study The client is a 75 year old landlord with an annual income of circa 10 000 derived solely from rent She does not own her own home her husband owns it but she does own a 7 bed HMO in Nottinghamshire that she lets to students The mortgage on the HMO was reaching the end of its term and the client was keen to refinance onto a better rate There were numerous factors that meant finding a suitable lender for this case would not be easy HMOs are not accepted by all buy to let lenders Many buy to let mortgage lenders will not accept students as tenants Most buy to let mortgage lenders impose a maximum age of 75 on maturity of the loan Most buy to let mortgage lenders require the applicant to have a minimum income of 25k per annum Fortunately I was able to find a specialist lender who would accept the applicant and the property type Here are the details of the deal Property value 200 000

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/75-year-old-landlord-refinances-7-bed-hmo/ (2016-02-16)
    Open archived version from archive


  • First-time landlord purchases new build flat through SPV Ltd Co | Mortgages for Business
    Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies First time landlord purchases new build flat through SPV Ltd Co 01 04 15 Buy to let Mortgages Case Study The client is an engineering consultant from Essex He owns his own home but has no experience as a landlord He recently set up a SPV limited company with the intention of using it to purchase a property to let He was hoping to purchase a new build 2 bed flat in a seven storey bock in a prestigious riverside location Finding a suitable lender would be a challenge for five reasons 1 The client only had one year s trading accounts most lenders require 2 3 years 2 He wanted to purchase using an SPV limited company only a handful of lenders accept this type of transaction 3 The flat was a new build lots of lenders won t accept new build flats 4 The flat was in a seven storey block most lenders prefer fewer than five storeys 5 The block was potentially in a high flood risk area We found a specialist buy to let lender that was willing to consider the deal Before the formal application was submitted the lender asked its surveyor to carry out some initial background checks on the property to ascertain its potential risk The surveyor reported that the block was not located in a designated flood risk area and in fact the location was highly desirable with a strong potential for renting to professionals

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/first-time-landlord-purchases-new-build-flat-through-spv-ltd-co/ (2016-02-16)
    Open archived version from archive

  • Experienced investors transfer onto better rate without switching lender | Mortgages for Business
    Bridging short term finance Bridging short term finance Bridging loans Refurbishment finance Auction Finance Residential mortgages Residential mortgages Rates Loans Fees How to apply Types of mortgage Residential Stamp Duty Calculator Research Case Studies Complex Buy to Let Index Buy to Let Mortgage Product Index Buy to Let Mortgage Costs Index Limited Company Buy to Let Index Property Investor Survey Money Markets FAQs FirstRate MFB TV Helping brokers with Buy to let mortgages Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies Experienced investors transfer onto better rate without switching lender 25 03 15 Buy to let Mortgages Case Study A married couple both experienced investors were looking to save money on their monthly mortgage payments by transferring onto a better rate The property in question was a 4 bed terraced house in London They had recently carried out some light refurbishment work on the property which had resulted in an increase in the property s value This increase meant that the couple had lowered their loan to value allowing them to transfer onto a better rate The couple were keen not to transfer to another lender as this would incur additional costs Fortunately we were able to source a new lower rate from their existing lender Here are the details of the deal Property value 560 000 Loan amount 282 000 Loan to value 51 Rate 2 year fixed at 3 29 Term Mirrors the original term of the mortgage 22 years Monthly mortgage payment 771 down from 1 137 Monthly

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/experienced-investors-transfer-onto-better-rate-without-switching-lender/ (2016-02-16)
    Open archived version from archive

  • Associated transaction on holiday let by directors of SPV | Mortgages for Business
    of mortgage Residential Stamp Duty Calculator Research Case Studies Complex Buy to Let Index Buy to Let Mortgage Product Index Buy to Let Mortgage Costs Index Limited Company Buy to Let Index Property Investor Survey Money Markets FAQs FirstRate MFB TV Helping brokers with Buy to let mortgages Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies Associated transaction on holiday let by directors of SPV 05 03 15 Buy to let Mortgages Case Study A broker approached us for help arranging finance for clients who wanted to transfer the ownership of a holiday cottage from their personal names into a newly created SPV limited company The clients are business owners in their own right and they also own a number of rental properties The property is a 4 bed terrace cottage in Keswick in the heart of the Lake District We found a lender that was willing to consider the case Unfortunately the valuation returned a slightly reduced figure for the property which meant that the maximum loan to value was slightly reduced In order to secure the maximum possible LTV we submitted the last two years rental income in order that the lender could calculate a new debt service ratio The lender accepted the rental income and issued terms at 75 LTV Here are the details of the deal Property value 350 000 Loan amount 262 500 Rent 2 170 pcm LTV 75 Rate Lender s LIBOR 0 75 4 85 Term 10 years interest only Monthly mortgage payment 1

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/associated-transaction-on-holiday-let-by-directors-of-spv/ (2016-02-16)
    Open archived version from archive

  • Refinance to raise capital for further property investment | Mortgages for Business
    FAQs FirstRate MFB TV Helping brokers with Buy to let mortgages Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies Refinance to raise capital for further property investment 04 03 15 Buy to let Mortgages Case Study The client is a full time property investor with more than 25 years experience in the industry He contacted us for help in refinancing one of his existing buy to lets a recently refurbished 3 bed terraced house in SE London let to tenants for 1 300pcm The funds raised would be used to renovate another property he had recently acquired for cash He had owned the terraced house since 2001 and it only had a very small mortgage remaining on it Although obtaining a further advance is usually cheaper than remortgaging the existing lender was not willing offer this facility so we had to find an alternative As most mainstream buy to let lenders insist that landlords have a minimum income of c 25k pa in addition to rental income the number of options available was restricted Fortunately we sourced a lender that was happy to assist and agreed to lend a sum sufficient for the landlord to complete the renovation of the other property which will then be let out The onward plan is then to raise capital on the renovated property for another development buy to let project Here are the details of the deal Property value 275 000 Rent 1 300 pcm Loan amount 206 000 LTV 75 Rate 4 98

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/refinance-to-raise-capital-for-further-property-investment/ (2016-02-16)
    Open archived version from archive

  • Purchase of third flat in a block of four | Mortgages for Business
    Index Property Investor Survey Money Markets FAQs FirstRate MFB TV Helping brokers with Buy to let mortgages Commercial mortgages Property development finance Bridging short term finance Case processing BrokerBusiness Case Studies Consulting Buy to Let Lending Mortgage Flow Published Research News Insight Buy to let mortgages Commercial Mortgages Property Development Finance Bridging Short Term Finance Residential Mortgages About Meet the team Our approach Awards Testimonials Careers Contact us 0845 345 6788 Share Case Studies Purchase of third flat in a block of four 04 03 15 Buy to let Mortgages Case Study The client is a self employed property developer who also owns one rental property which happens to be the flat above his own home The client lives in the ground floor flat in a block of four in SW London He was looking to grow his buy to let portfolio so when another flat in the block went up for sale he contacted us for help in purchasing it Unfortunately many lenders can be very reluctant to lend to landlords who own more than one property in a block for a couple of reasons Repossession is more complicated time consuming and costly If the majority of flats are on sale at the same time this can negatively affect re saleability and sale price Fortunately we have a strong relationship with a mainstream buy to let lender that will consider borrowers who own more than 25 of a block of flats In this instance because the property is in a strong London location zone 2 and the client was borrowing a relatively small loan to value the lender felt that the risk was worth it Here are the details of the deal Property value 650 000 Loan amount 337 500 LTV 52 Rate 4 04 fixed for 5 years

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/buy-to-let/purchase-of-third-flat-in-a-block-of-four/ (2016-02-16)
    Open archived version from archive



  •  


web-archive-uk.com, 2017-12-15