What are the requirements for a buy-to-let property? You’ll need a deposit of around 25%, although some lenders will consider 20%. The deposit amount is based on the valuation or the purchase price – whichever is lower. The loan amount is usually dictated by loan to value and a ‘rental stress test.’ In broader terms, …
Read more >Being self-employed can sometimes mean that getting loans and other financial products is more difficult than if you were employed by another business. However, all is not entirely lost, and there are options available to you. You just need to be aware of some of the extra information you may be required to provide, as …
Read more >Are you currently getting the most out of your mortgage? Chances are, there’s a product out there that suits your current needs and circumstances better, which is why we always recommend reviewing your current lending regularly and consider remortgaging at regular intervals. In this article, we’ll go over why you should regularly scour the market …
Read more >If you’re looking to purchase a second home, there are a few things you’ll need to consider before making the purchase. This guide will help you to get started so you won’t get lost along the way. Buy-to-let For people who want to invest their money in a tangible asset that has often been relatively …
Read more >More and more people are recognising the unique advantages of property investment, and Edinburgh and Scotland’s Central Belt, in general, is a great place to invest in property thanks to steadily rising property prices. First off, we have to understand the different costs associated with purchasing a buy-to-let property: Cost of the property itself (typically …
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