In an article appearing in Specialist Lending Solutions this week, Connect Mortgages CEO, Liz Syms comments alongside other industry experts on the tax changes to the BTL market. The article takes a look at the effect of the BTL taxes introduced by the Government and that UK finance data shows that first-time buyers and home movers are benefitting as sales grew strongly in Q2 2017. Liz comments on the fact…
Guiding you through the BTL Mortgage Maze
Since April 2016 there have been several changes for landlords operating in the Buy to Let (BTL) market. The Chancellor’s Budget ushered in a series of tax changes designed to ‘cool’ the rental market which were delivered by an extra 3% stamp duty on a 2nd property and removal of the 10% wear and tear allowance for furnished properties. “..This will result in higher tax bills for many landlords holding…
Buy To Let becomes more complex!
At Connect Mortgages complex is what we do. Our Advisors will guide you through the changes coming into force after the 30th Sept 2017. We can also talk to you about a number of low interest rate deals for Buy To Let landlords. Connect with us We have some great deals for Buy to Lets , click here for the latest offers Are you a first time landlord – no problem The Experienced Investor – talk to…
New 55 Plus Interest-Only Mortgage Range
If you over 55, worried about downsizing or using savings to repay an outstanding balance from an interest-only mortgage, we can help you access a great new range of products can help. The 55 Plus Interest-Only Mortgage could help you to: Stay in your family home for up to an additional 15 years Keep your savings and investments in place for longer Raise additional funds for a variety of purposes, like…
Need finance for your business?
You can borrow unsecured loan amounts from £5,000 up to £350,000. Our lenders will only take a personal guarantee and there is no debenture required. Key loan purposes include: Cash flow and expansion funding Buying stock and hiring staff Purchase of assets Contracts and projects Deposit for commercial mortgage Refinancing existing unsecured borrowing To fund a HMRC liability Refurbishment of business premises Connect Mortgage Advisers are specialists in the SME Funding…
Self-Employed only a year and looking for a mortgage?
There has been much in the press regarding how the self-employed or contractors cannot get a mortgage with under three years accounts. Connect Mortgages can now offer mortgage solutions to those of you who are self-employed and with only 1 years worth of accounts. We have a great range of products available, including the following benefits: Rates from just 1.89% at 70% LTV or with a higher LTV of up…
New range of buy-to-let mortgages with Precise
Precise has this week launched a new range of highly competitive buy-to-let mortgages, including a shared exclusive mortgage. The new range includes: 5-year fixed rates from just 3.39%, with fixed fee and cash back options Selected tier 1, 5-year fixed products available up to £3,000,000 2-year tracker options from just 3.19% with no fee at 75% LTV (Max £500k loan) All tier 1 products will maintain a maximum assessment rate…
Two new semi-exclusive buy-to-let rates with Foundation Home Loans
We have two semi-exclusive deals to bring you. From Foundation Home Loans. Both are just 3.45% five year fixed rate buy-to-let mortgages. One is for limited companies the other is a landlord special offer. Both are available up to 75% LTV with a minimum loan size of £200,000. Take advantage of these special rates now by getting in touch with us on: 01708 676111 or complete the form below. We will…
Portfolio landlord change significant – Shawbrook
In an article published by Specialist Lending Solutions, you can read an interview with Stephen Johnson, deputy CEO and managing director for commercial mortgages at our lender Shawbrook, about how the market may be underestimating the impact of Septembers changes to underwriting portfolio landlords. Commenting on the CEBR findings, he looks at how the buy-to-let and landlord market needs to adjust to to adapt to the changes. It also looks at the effects of…