I’ve invited Josh Hayseldon from the Mortgage Advice Bureau onto the podcast to discuss traditional BTL mortgages and everything you need to know.
Here are the questions we chat through:
* Are mortgages easy to get right now?
* How do you work out the stress test for how much you can borrow?
* Why you can have lower rental income with longer term mortgage products?
* Where are the best interest rates right now on lending products?
* There’s a lot of talk about new players in the lending industry, has this changed the lending market?
* What LTV would you recommend investors taking out?
* What’s the maximum LTV investors can get?
* What documents does a property investor need to have when they approach you for lending so that the process goes smoothly?
* Can you see interest rates rising anytime soon?
* What are the biggest pitfalls that investors need to think about when deciding to get a new BTL mortgage?
* How easy is it to get a serviced accommodation mortgage and what does an investor need to be aware of?
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If you want to contact Josh - [email protected] / 01226 449147