#mitchell mann

80% LTV with no minimum income

Here is a quick update from our Mortgage Broker, Mitchell Mann “We have 4 lenders on our panel that will lend up to 80% LTV with no minimum income requirement. Rates start at 3.99% for a 2 year fixed so could really help people out who don’t have a lot of equity in their existing BTL’s and are concerned about future interest rate rises. It’s also a useful way of reserving capital on new purchases…

Virgin announce reductions of BTL products

  “Virgin have today announced reductions to many of their BTL and residential mortgage ranges. Virgin are still one of the very few lenders that allow a day 1 remortgage which can be useful for taking out a bridge on renovation projects. Virgin also have a minimum property value of just £40k which can be useful for properties in the north.” To discuss contact our Mortgage Broker, Mitchell Mann.…