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".
  • Developer with complex income secures interest-only mortgage | Mortgages for Business
    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 Developer with complex income secures interest only mortgage 17 06 15 Residential Mortgages Case Study The client is a successful developer who runs each development through separate Special Purpose Vehicle limited companies Because of this the companies showed a mixture of losses followed by high profit in differing years The client was hoping to buy a new home and despite having a large deposit was struggling to secure a mortgage directly with conventional lenders because his income streams were difficult to understand he draws only a modest salary plus dividends from the SPVs Also the client wanted interest only terms which few residential mortgage lenders will consider We approached a specialist bank whose underwriting team is trained to understand complex income structures and allows interest only terms on a case by case basis An offer was promptly issued and the application proceeded without a hitch Interest only terms were offered because the client could demonstrate access to sufficient funds via his other properties to repay the debt Here are the details of the deal Property value 2 600 000 Loan amount 1 400

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/residential/developer-with-complex-income-secures-interest-only-mortgage/ (2016-02-16)
    Open archived version from archive


  • Residential remortgage with immediate consent to let | Mortgages for Business
    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 Residential remortgage with immediate consent to let 16 01 15 Residential Mortgages Case Study The client works in investment banking is currently on secondment living in Hong Kong His lender had given him consent to let out his home a 2 bed flat in London but as his initial rate was due to expire he was looking to switch to avoid the high reversion rate We were able to source a lender with a very competitive rate that was also willing to grant immediate consent to let This meant that the client didn t have to take out a buy to let mortgage which costs more and then have the hassle of refinancing again back onto a residential mortgage when he returns to the UK later this year Property value 600 000 Loan amount 450 000 LTV 75 Rate 2 47 fixed for 2 years Term 25 years capital interest repayment Mortgage payments 2 012 pcm Lender arrangement fee 999 Completion date Est March 2015 This is just one example of how I ve helped a

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/residential/residential-remortgage-with-immediate-consent-to-let/ (2016-02-16)
    Open archived version from archive

  • Mortgage offer with full retention of funds pending conversion | Mortgages for Business
    Rates Loans Fees How to apply Refurbishment finance 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 Mortgage offer with full retention of funds pending conversion 17 12 14 Residential Mortgages Case Study The client was purchasing a new primary residence however at the point of agreeing the sale it was split into three flats None of the high street lenders were interested in making a formal mortgage offer before the property was converted into one habitable dwelling However we found a specialist lender who agreed to offer with a full retention This meant that the client exchanged contracts did the necessary work then the surveyor re inspected and valued the property and the retention was removed allowing the funds to be released Here are the details of the deal Purchase price 700 000 Loan amount 425 000 LTV 60 Rates 2 99 5 year fixed Terms 20 years capital interest repayment Arrangement fee 999 This is just one example of how I ve helped a client secure finance To see more of my case studies please visit my

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/residential/mortgage-offer-with-full-retention-of-funds-pending-conversion/ (2016-02-16)
    Open archived version from archive


  • Residential mortgage for company director | Mortgages for Business
    finance 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 Residential mortgage for company director 15 08 14 Residential Mortgages Case Study Our client trades through a limited company which he owns 100 established just under three years ago and thus only had two years worth of accounts He paid himself a salary of 7k pa and took a dividend of 20k in each of the last accounting years However the company s net profit was 120k in the most recent year and 105k in the previous year We were able to place a mortgage based on his salary plus share of net profit rather than the usual salary and dividend structure which enabled him to borrow 580k unlike the 135k he would have been limited to ordinarily Here are the details of the deal Property value 967 000 Loan amount 580 000 Rate 2 29 2 year fixed Term 25 years repayment LTV 60 Lender arrangement fee 995 Completion date March 2014 This is just one example of how I ve helped a client secure finance To see

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/residential/residential-mortgage-for-company-director/ (2016-02-16)
    Open archived version from archive

  • New build purchase with Help to Buy | Mortgages for Business
    to apply Refurbishment finance 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 New build purchase with Help to Buy 27 04 14 Residential Mortgages Case Study My clients wanted to buy their first home together Whilst they enjoyed high levels of income high rental costs had meant they were unable to save a large deposit and had just 5 available They had found a new build property they wanted to buy and under the Help to Buy scheme were able to purchase this with their low deposit The good news is that as their mortgage was 75 LTV they were able to get a really competitive rate Here are the details of the deal Property value 345 000 Loan amount 258 750 Rate 2 64 fixed for 2 years Deposit 5 from borrower 4 313 20 equity loan from Government 81 937 Term 25 years repayment LTV 75 Lender arrangement fee 999 Completion date February 2014 This is just one example of how I ve helped a client secure a residential mortgage To see more of my case

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/residential/new-build-purchase-with-help-to-buy/ (2016-02-16)
    Open archived version from archive

  • Short term loan for experienced property developer | Mortgages for Business
    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 Short term loan for experienced property developer 16 04 14 Bridging Short term Finance Case Study The client a full time landlord and property developer wanted to purchase a flat in London which was in need of refurbishment It was not lettable in its existing condition and the client was unsure whether she would retain the property and let it out or sell it on so a light refurbishment mortgage was not appropriate The client had looked into bridging loans but the high rates she was offered at around 1 3 would take too much off her bottom line We were able to secure funding at 0 69 pcm to 70 LTV with a 2 arrangement fee and crucially no exit fee The funding was offered for 12 month term but the client was able to sell the property after just seven months Here are the details of the deal Property purchase price 375 000 Refurbishment costs 42 000 Property sale price 468 000 Loan amount 262 500 LTV 70 Rate 0 69 pm 12 1 APR Term 12 months Lender arrangement fee 2 Exit fee Nil Completion date Spring

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/bridging-and-short-term-finance/short-term-loan-for-experienced-property-developer/ (2016-02-16)
    Open archived version from archive

  • Short-term finance arranged on part-exchange property | Mortgages for Business
    Property Development Finance Property development finance Rates Loans Fees How to apply Refurbishment finance 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 Short term finance arranged on part exchange property 16 09 14 Bridging Short term Finance Case Study Our client is an experienced property developer who was selling a house that he had purchased and refurbished Unusually when he bought the property he was given another property which was unencumbered in part exchange The developer had refurbished the house being sold using a bridging loan secured on it and this loan needed to be cleared before the sale could proceed So we arranged short term finance on the unencumbered property which was valued at 275k in order to pay off the bridging loan Property value 275 000 Loan amount 192 500 LTV 70 Rate 0 69 pm Term 12 months Lender arrangement fee 1 95 Completion date September 2014 This is just one example of how I ve helped a client secure short term finance To see more of my case studies please visit my profile page

    Original URL path: http://mortgagesforbusiness.co.uk/case-studies/documents/bridging-and-short-term-finance/short-term-finance-arranged-on-part-exchange-property/ (2016-02-16)
    Open archived version from archive

  • Government clarifies new rules on mortgage lending in line with EU Mortgage Credit Directive | Mortgages for Business
    new regulations as set out by the Treasury transpose the Mortgage Credit Directive MCD into UK law and encompass other changes such as bringing the regulation of second charge mortgage lending into line with first charge lending A new set of regulations for buy to let lending where the lending is to consumers rather than for business purposes has also been introduced The introduction of these new rules is predicted to have little impact however because most buy to let mortgages are classified as existing for business purposes and would only become subject to the new regulations if the borrower had long periods of residence in the property Lenders themselves will also be able to confirm that a loan does not require regulation so long as the borrower signs a declaration saying they are acting wholly for business purposes and the lender has no reason to believe otherwise Under the new directive buy to let broking will remain outside the scope of credit broking Other exemptions from the new regulation will include properties where a portion is being used as a residential dwelling for the borrower or a relative i e a live work unit or where the property is being used predominantly for business purposes such as a bed and breakfast The Building Societies Association BSA is reported as saying that no significant impact is expected as a result of this legislative change Similarly as part of the consultation an impact assessment indicated that just 11 of the market or 18 000 transactions a year will be affected by the changes Robert Sinclair chief executive of Association of Mortgage Intermediaries AMI said AMI is delighted that Treasury has listened to the voice of the broker and made changes to take brokers out of the scope of the consumer credit

    Original URL path: http://mortgagesforbusiness.co.uk/news-insight/2015/january/government-clarifies-new-rules-on-mortgage-lending-in-line-with-eu-mortgage-credit-directive/ (2016-02-16)
    Open archived version from archive



  •  


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