Posts Tagged ‘Mortgages’
Since the 1st January 2017, mortgage lenders have increased the amount of rent required for a Buy To Let (BTL) Mortgage. Previously, most banks would have lent £139,676 based on £800 pcm rent. The figure now for most banks is £120,376. A fall of around 14% could affect lot’s of property owners for this year, trying to add value to their portfolio.
There are some important changes to the Buy To Let lending criteria, since January 2017.Financial planning advice – June 2015
In this month’s financial planning advice, we look at how retirees are helping families during their lifetime, rather than traditionally passing wealth to families after their death. When you planned to retire, did your plans look like this?
