From the 30th September this year, landlords with four or more buy-to-let properties will have to satisfy different criteria to secure mortgage borrowing.Read on
: Archive - September 2017
Every year, major property companies publish property price forecasts, giving their predictions for how the market will perform over the coming months and years. Given the economic uncertainty that has been thrown up by Brexit, the forecasts for this year have perhaps been of wider interest than usual.Read on
There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.