We are pleased to announce that we can give you access to the UK’s newest bridging lender, Octane Capital. Octane Capital’s founders feel that pricing on LTV alone is not what customers want or need, especially at the more complex end of the market in which it specialises. At launch, it said they want advisors to think outside the box and find a way to get a loan over the…
BTL Second Charge Finance from Castle Trust
Connect can help you access Castle Trust’s fantastic range of flexible second charge finance solutions for buy to let. Highlights include: No monthly payments Fixed rate of interest rolled up until redemption Finance for any purpose No stress/rental test on 2nd charge element of loan Rates from 6.89% Up to 80% LTV (first and second charge combined) Standard BTLs, Holiday lets and Student lets Individuals, SPVs, trading companies and expats…
New 2.99% Buy-to-Let Fixed Rate Mortgages
Connect can help you access a stonking new 2.99% buy-to-let 5 year fixed rate mortgage, available to both individuals and limited companies, with a favorable low rental stress test calculation. Highlights include: 2.99% fixed rate for 5 years Low rent calculation (from 125% cover at 2.99%) Individuals & limited companies First Time Landlords Self-employed (with 12 months trading history) No minimum income requirements Up to 75% LTV Finance available £350k…
Business loans up to £350,000 unsecured
Connect Mortgages now offer business loans up to £350,000 unsecured with just a personal guarantee. Whether you need £50,000 for a stock purchase, £100,000 for business growth or £350,000 for new premises we can help. Loans can be used for almost any purpose and are available to any type of business including sole traders and limited companies. Investors whose business is property portfolios also qualify. Highlights of the loans include:…
Landlord Rental Index Report – February
What is the HomeLet Rental Index Report? The data included in the Rental Index is gathered from HomeLet’s tenant referencing service. The rental amounts given are based on the actual rental prices achieved for new tenancies in the reported month. The monthly report also provides landlords with useful information on tenant demographics like their average age, income, previous residential status and the type of property they are applying to live in. As well…
Romford named best location for buy to let investors
Romford has been named as the new property hot spot for buy-to-let investors. Findings within LendInvest’s recent quarterly buy to let index review has revealed that Romford has replaced Luton at the top of the index climbing 6 places to do so. Prices obtained in Romford’s rental market have picked up in recent months, resulting in greater rental price growth over the past year to support strong capital gains in the region….
Connect first to complete on Spanish mortgage with UCI
Connect Mortgages are delighted to be part of the first mortgage deal done by Spanish lender UCI bank under their new non resident scheme. The 400K Euro mortgage on a 650K Spanish villa in Andalucia, was secured at a competitive variable interest rate of just 2.75% over a 20 year term. Connect was invited to join the banks new non resident pilot scheme at the tail end of last year and can their mortgage deals…
Landlord Rental Index Report – January
What is the HomeLet Rental Index Report? The data included in the Rental Index is gathered from HomeLet’s tenant referencing service. The rental amounts given are based on the actual rental prices achieved for new tenancies in the reported month. The monthly report also provides landlords with useful information on tenant demographics like their average age, income, previous residential status and the type of property they are applying to live in. As well…
What will 2017 look like?
Our friends at onlinemortgageadvisor.co.uk recently interviewed a panel of industry experts to reveal how they see the mortgage market unfolding in 2017. Topics put to the panel include: * The future of Buy To Let * Brexit & Regulation * House Prices * The Bank Referral Scheme Connect’s very own Managing Director Liz Syms was asked to give an insight into the market and the key things for clients and mortgage brokers to…