Blog Archives

How big a deposit do I need?

Posted on October 16, 2012 by Mark Dyason

This depends on what support you can count on. Standalone, with your own salary making the mortgage affordable the current maximum loan to value available in Scotland is 90%. If you have a guarantor then this can be 95%, if … Continue reading →

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I want to let out my house that hasn’t sold, do I have to change it to buy to let?

Posted on October 21, 2011 by Mark Dyason

Not necessarily – most lenders will give you something called permission to let or consent to lease and with each lender this can mean differnet things, for instance with Halifax they currently have a range of products that you go onto … Continue reading →

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How long is it before I can get a ‘high street’ lender’s mortgage – I have recently had a number of defaults registered?

Posted on October 21, 2011 by Mark Dyason

The number and size of the defaults matter most, if they are small and there are only a couple then there are lenders that will look at these now and dependant on credit score you could still get some well known … Continue reading →

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My brother and I are looking to buy a bungalow on buy to let for our mother to live in. I know there are issues with a relative occupying on BTL mortgages – can you tell me who may give approval?

Posted on October 21, 2011 by Mark Dyason

You are right about it being more difficult. This is because you are letting it to a member of close family meaning it becomes a mortgage under the FSA regulation and a number of buy to let lenders will not … Continue reading →

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What does BTL stand for?

Posted on September 29, 2011 by gareth

BTL is Buy to Let – in the mortgage industry this means a property that is let out to a 3rd party. This is a sector where property investors can build a portfolio of holdings, they have their own mortgage types … Continue reading →

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