Private Rented Sector Buy to Let Consultants
David Lawrenson of LettingFocus.com explains why more borrowers will try to “game” mortgage lenders by applying on buy to let mortgages for loans on properties that they intend to live in themselves. One of the likely outcomes of the Mortgage Market Review (MMR), which now applies to all residential loans, is that getting a mortgage for residential mortgages might prove […]
Read moreThamesmead encapsulates a lot of what has gone wrong with housing over the years – from poor local planning, to bad mortgage lending to yet worse property investment decisions by amateur investors says David Lawrenson of www.LettingFocus.com A few weeks’ ago I had cause to visit Thamesmead where my boy was playing in a kids’ football match. I mention the […]
Read moreMy blog post last week (about what mortgage companies could do to support landlords more), generated 27 emails from managers at buy to let mortgage lenders and ten from landlords. One aspect that I referred to, in passing, was how the mortgage lenders had been “behind the play” in terms of understanding how bad buy to let mortgage lending and […]
Read moreI’m sad to say that at some recent events I have been to, quite a few punters came to me with pretty strong evidence that some property investment “advisors” are still encouraging people to carry out mortgage frauds as a way of buying property with little or no money down (NMD) and / or as part of a “buying below […]
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