Buy To Let Mortgage UK - Explained Q&A (Time stamped). How self employed people can get their first mortgage
Buy To Let Mortgage UK - Explained Q&A (Time stamped) video duration 47 Minute(s) 44 Second(s), published by Ranjan Bhattacharya - Baker Street Property Meet on 10 09 2019 - 18:00:05.
Buy to Let Mortgage Explained in this in depth Q & A with buy to let mortgage expert, Akhil Mair from Our Mortgage Broker
We polled property investors for their The vast majority of our peers, financial “experts”, and those the media, encourage those with mortgages to make overpayments, in order to pay off their debt .
Mortgage Advice in King's Lynn - Get the best advice in King's Lynn with The Mortgage Bureau Call 01553 770102 to book an appointment to receive the best How to obtain a mortgage with no deposit - Do you want to buy your dream home, but have no deposit saved of your own and no way of saving one ?. In episode 198 of SKY TV's Property Question Time, Richard, John and I were asked about how a self-employed person can get a mortgage for their first home.
Buy to Let Mortgage Explained in this in depth Q & A with buy to let mortgage expert, Akhil Mair from Our Mortgage Broker. We polled property investors for their most burning questions on buy to let mortgage finance and answer 23 questions in this video.
Watch the whole video or dive into the questions you want answered, by clicking the timecode links below:
02:51 - Q1 /Do you have to be a homeowner before you can get a buy-to-let mortgage?
03:53 - Q2 / What do you have to earn to qualify for a buy-to-let mortgage?
04:39 - Q3 / Is it better to get a buy-to-let loan in my personal name or in a limited company?
11:06 - Q4 / How much deposit do you need for a buy-to-let mortgage?
12:19 - Q5 / What is the optimum Loan To value (LTV) for a buy-to-let mortgage to strike the right balance between minimum deposit while keeping overall borrowing costs low?
13:28 - Q6 / Some lenders are offering very log loan terms of 35 or even 40 years, whilst specialist lenders offer attractive interest rates on shorter loan terms of say 5 years. Which is the best option for investors?
15:05 - Q7 / Is a buy-to-let limited company loan more like a regular buy to let mortgage contract or is it more like a commercial loan contract? And why does it matter?
15:36 - Q8 / Is it possible to get a limited company buy to let mortgage without having to provide a personal guarantee?
16:27 - Q9 / Can I get a buy to let mortgage for a brand new limited company or will we need 3 years company accounts?
17:56 - Q10 / How important is having good clean credit history when applying for a buy to let mortgage?
19:33 - Q11 / Will lenders ask to interview you and scrutinise your business plans before they will agree to lend?
26:24 - Q12 / How can you use bridge and refinance after 6 months to achieve fast 'velocity of cash'?
27:52 - Q13 / Is it possible to buy a property at auction with a buy to let mortgage, given the tight deadlines involved?
29:49 - Q14 / How do I get a buy to let mortgage on a property which is already tenanted? Is there anything I need to look out for?
31:13 - Q15 / Whats involved in getting a buy-to-let mortgage on commercial properties which have been converted for residential use? Or on flats above commercial premises?
35:12 - Q16 / How straight forward is it to obtain a buy to let mortgage on multi-unit freehold buildings?
35:57 - Q17 / Title splitting.
37:31 - Q18 / Can you raise more money by getting a commercial valuation based on the rental income rather than 'bricks and mortar' value?
39:08 - Q19 / On the day of the mortgage valuation, would you recommend the borrower go down to the property to meet the valuer?
40:51 - Q20 / How do you get a valuer to change the valuation report if you feel something isn't right?
42:51 - Q21 / What is the 'mood' among mortgage valuers on the current market? Is there an opportunity for savvy investors to profit?
44:32 - Q22 / Where next for interest rates?
45:34 - Q23 / Where next for stamp duty (SDLT)?
Connect with Akhil Mair:
http://www.ourmortgagebroker.co.uk/
https://www.linkedin.com/in/akhilmair/
https://www.facebook.com/akhil.mair.1
Or the old fashioned way! Tel: 0203 971 1234
#buytolet
Other Video about Buy To Let Mortgage UK - Explained Q&A (Time stamped):
NO deposit mortgage UK First Time Buyer Secrets
How to obtain a mortgage with no deposit - Do you want to buy your dream home, but have no deposit saved of your own and no way of saving one ?
How self employed people can get their first mortgage
In episode 198 of SKY TV's Property Question Time, Richard, John and I were asked about how a self-employed person can get a mortgage for their first home.
Should I Make Overpayments On My Mortgage?
The vast majority of our peers, financial “experts”, and those the media, encourage those with mortgages to make overpayments, in order to pay off their debt .
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