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jenny barrett

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  1. Buy to Let Mortgage sourcing app. It's free and available online or via an app. Basically its a rate finder and calculator. It lists all the latest buy to let mortgages and lets you search via your specific requirements: - Property value - Loan amount - LTV - Rent pcm - Initial product term (i.e. 2, 3, 5 years etc) - Mortgage term (i.e. 20 years) - Fixed/variable - Purchase/remortgage You can get quotes which show how much you would pay each month/over the whole term on both interest only or capital and interest repayment.
  2. Hi Ollie, I've asked my colleague to update their blog. Will post as soon as it's up. To be honest we've not heard much more from lenders on the topic. I guess over time they'll all catch up... My holiday let is now up and running. My husband is dealing with the day to day stuff but so far it's going well. I've not had much success with AirBnB yet because I haven't got any reviews, so it's a bit of a catch 22 situation and I'm reluctant to get friends to book, review and refund them the money - it feels dishonest, although I do know people who have done that. However we're on Owner
  3. Hi there, Mortgages for Business is running a survey to find out what investors think of the current investment property financing options. Are lenders lending enough? What could be done to improve criteria? What are your views on rates and fees? Have the new tax regime and financial regulations affected you? How will you finance properties in future? Are you moving towards incorporation? If you're interested in having your say, you can find the survey here: http://bit.ly/2pP6pnx NB: The survey is totally anonymous. You won't get marketed to unless you choose sign up to receive upd
  4. Hi Joe F I think your chances of getting a Ltd Co BTL mortgage at the moment are nil. If you and your girlfriend have strong enough incomes or have HNW, you might be able to persuade NatWest to lend to you but only in your joint personal names and even then, they would underwrite the application using residential mortgage criteria, i.e. c.4x income (they would take into account dividends as income). And you would have to provide around 3 years' accounts which, looking at your second post, you don't have. Your sticking points are: - neither of you are home-owners - in
  5. The blog was written to address residential and BTL mortgages only. My guess is that a commercial mortgage for an established holiday let business would be different, as AirBnB (and similar sites) might purely be seen as just one of a number of different advertising channels. I do know that AirBnB is on the radar of all mortgage lenders, no doubt we'll get some new policies from them in due course. It will be interesting to see how they value these properties and assess potential income from the properties which, these days, can be instantly affect by bad reviews. I'm watching clo
  6. Hi there, I'm fairly property obsessed. I work for a mortgage broker, I own a house in Camber which I am renovating with a view to it becoming a holiday let, and I live in rented accommodation. I'm interested in learning more about property from all angles. I thought I'd start by sharing a blog written by a colleague on what mortgage lenders think of sites like AirBnB and how you could be breaching the terms of your mortgage contract... It can be read here: http://www.mortgagesforbusiness.co.uk/news-insight/2016/december-2016/mortgages-and-airbnb-1/
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