Neil Patterson

Green Deal Referees required by Mark and Neil

Green Deal Referees required by Mark and Neil...

Mark and I have worked together since 2003 and have very rarely fundamentally disagreed on a subject, but the Green Deal has split us down the middle with myself being very pro and Mark against. I am writing...

BuytoLet Loan Directory

BuytoLet Loan Directory...

The BuytoLet Loan Directory is the fourth feature publishing competitive and innovative product offerings to help clients identify appropriate funding facilities. In this publication we provide a selection...

FSA Mortgage Market Review and the PRS

FSA Mortgage Market Review and the PRS...

The FSA Mortgage Market Review rules will come into effect on 26 April 2014 and I have listed the FSA’s own summary at the bottom of this article for the avoidance of factual doubt. Will these new...

Funding for Lending

Funding for Lending...

As part of the government’s initiative to support Small and Medium sized enterprises, a number of lenders have signed up to the Funding for Lending scheme run by The Bank of England to provide subsidised...

Commercial Finance Loan Directory

Commercial Finance Loan Directory...

The Loan Directory is a regular feature publishing competitive and innovative product offerings to help clients identify appropriate funding facilities. In this second publication we provide a selection...

Development Finance Loan Directory

Development Finance Loan Directory...

The Loan Directory will be a regular feature and will publish competitive and innovative product offerings to help clients identify appropriate funding facilities. In this first publication we provide...

Northern Rock BuytoLet Useful Criteria

Northern Rock BuytoLet Useful Criteria...

Northern Rock BuytoLet who are part of Virgin Money have confirmed they will consider “Day One” remortgages otherwise known as “Back-to-Back” and Regulated BuytoLets for the use...

Godiva BuytoLet save £2499 on the same rate!

Godiva BuytoLet save £2499 on the same rate!

Godiva BuytoLet, owned by the Coventry Building Society, have further tweaked their Flexible variable and Flexible fixed products by keeping the interest rate charged the same and removing the fixed arrangement...

Bridging finance surge in demand

Bridging finance surge in demand...

Brooklands Commercial Finance have witnessed a significant upsurge in demand from referred Property118 readers for bridging finance as traditional secured lending markets become less accessible. No longer...

The Mortgage Works BuytoLet major criteria and product changes

The Mortgage Works BuytoLet major criteria and product changes...

The Mortgage Works BuytoLet team have made major changes to their criteria and products focusing on First Time Landlords, Let to Buy, Purchasing from a family member and withdrawing from the regulated...

Leeds Building Society BuytoLet two and three year products discounted

Leeds Building Society BuytoLet two and three year products discounted...

Leeds Building Society BuytoLet department have discounted their two and three year products whilst keeping their 5 year deals at the same level. These are 65 and 70% Loan to value products with an attractive...

Principality BuytoLet rates revised downwards

Principality BuytoLet rates revised downwards...

Principality BuytoLet rates have been revised downwards by 0.2% and introduced two new products all with low fixed fees down to a minimum of £99 These are two year variable rate products for the Building...

25 Year fixed rate BuytoLet Mortgage

25 Year fixed rate BuytoLet Mortgage...

The Manchester Building Society has launched two new 25 year fixed rate BuyToLet mortgage products with a 5.74%  and 5.99% notional rate. In the years I have been working in this industry and certainly...

BuytoLet news round up

BuytoLet news round up...

Despite the economic uncertainty surrounding Europe BuytoLet products have remained very stable in terms of pricing to the consumer. It will be interesting to see if the Bank of England’s offer of...

Ageism in BuyToLet mortgages? Myths dispelled

Ageism in BuyToLet mortgages? Myths dispelled...

Chances are that when you reach your 70’s your BuyToLet lender will expect your mortgage to be repaid but is this ageism in BuyToLet mortgages justified and are there any BuyToLet mortgage lenders...

When is family not family for BuyToLet mortgage purposes?

When is family not family for BuyToLet mortgage purposes?

I received an email today from one of the Financial Advisers we have a close working relationship with. I’ve decided to share it with you on the basis that we know several people invest into BuyToLet...

Principality will consider Holiday Homes on BuyToLet

Principality will consider Holiday Homes on BuyToLet...

The Principality Building Society will consider lending on holiday homes using their standard buy to let product range and criteria. This little know niche which is unusually for lenders was brought to...

Godiva launch new 75% buy to let product range

Godiva launch new 75% buy to let product range...

Godiva, owned by the Coventry Building Society, have launched an aggressive new buy to let product range extending its loan to values to 75% and adding 5 year fixed rates with no early repayment charges.

The Bank of England increase stimulus for the economy

The Bank of England increase stimulus for the economy...

In today’s Monetary Policy Committee meeting The Bank of England have decided to increase the stimulus into the economy on top of recently announced plans. The Bank Base Rate will remain at 0.5%...

Auction property and buy to let mortgages don’t mix

Auction property and buy to let mortgages don’t mix...

It is not an exaggeration to say that every day we are asked the question “can you arrange a buy to let mortgage for me on an auction property I am interested in purchasing”. My next question...

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