Thinking of expanding your property portfolio
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First things First Please be upstanding for Her Majesty the Queen.
Transcript of Thinking of expanding your property portfolio
First things First
Please be upstanding for
Her Majesty the Queen.
THINKING OF EXPANDING YOUR
PROPERTY PORTFOLIO?
Robert SmithBEng(Hons)
Senior Partner
The Mayfair Consultancy,
Specialist Mortgage Brokers
AGENDA
• Introduction & Background
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
• Remortgaging
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
• Remortgaging
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
• Remortgaging
• Bridging
Introduction & Background
Why
“Specialist Mortgage Brokers”?
Introduction & Background
Why Specialist Mortgage Brokers?
Not an IFA
Introduction & Background
Why Specialist Mortgage Brokers?
Not an IFA,
Not a traditional Mortgage Broker
AGENDA
• Introduction & BackgroundWhy Specialist Mortgage Brokers?
Not an IFA, Not a traditional Mortgage Broker
A property investor
AGENDA
• Introduction & BackgroundWhy Specialist Mortgage Brokers?
Not an IFA, Not a traditional Mortgage Broker
A property investor,
and an investors broker!
A Property Investor, and an Investors Broker!
A Property Investor, and an Investors Broker!
• My biggest client
A Property Investor, and an Investors Broker!
• My biggest client
• Other “Financial advisers”
A Property Investor, and an Investors Broker!
• My biggest client
• Other “Financial advisers”
• Estate agents
A Property Investor, and an Investors Broker!
• My biggest client
• Other “Financial advisers”
• Estate agents
• Developers
Background
Background
• 17 Years ago
Background
• 17 Years ago
• 12 Years ago
Background
• 17 Years ago
• 12 Years ago
• 6 years ago
The Current State of Buy to Let Borrowing
The Current State of Buy to Let Borrowing
• Or not.........
The Current State of Buy to Let Borrowing
• Or not.........Mortgage Express, Paragon, Mortgage Trust, Capital Homeloans, Deutsche Bank, HSBC, Clydesdale, etc etc
The Current State of Buy to Let Borrowing
• Or not.........
• Lenders that are lending
The Current State of Buy to Let Borrowing
• Or not.........
• Lenders that are lending
• Massive fees, rates from 4% with base at 0.5%, LIBOR at 0.7% (ish)
The Current State of Buy to Let Borrowing
• Or not.........
• Lenders that are lending
• Massive fees, rates from 4% with base at 0.5%, LIBOR at 0.7% (ish)
• Other more traditional routes
Paragon Mortgages Ltd
Paragon Mortgages Ltd
• Background
Paragon Mortgages Ltd
• Background
–Paragon’s funding
Paragon Mortgages Ltd
• Background
–Paragon’s funding
–My relationship
Paragon Mortgages Ltd
• Background– Paragon’s funding
–My relationship
• Recent article & June 23rd
Paragon Mortgages Ltd
• Background– Paragon’s funding
–My relationship
• Recent article
• Likely products/rates
80% Lending
80% Lending
• Recent news
80% Lending
• Recent news – from 4.69%
80% Lending
• Recent news
• Reason behind decision
80% Lending
• Recent news
• Reason behind decision
• Paragon’s (imminent?) decision
Alternative Routes and Case Studies
Alternative Routes and Case Studies
• The unfaithful borrower
Alternative Routes and Case Studies
• The unfaithful borrower
• The experienced divorcee
Alternative Routes and Case Studies
• The unfaithful borrower
• The experienced divorcee
• The professional landlord
Alternative Routes and Case Studies
• The unfaithful borrower
• The experienced divorcee
• The professional landlord
• The property trader
Remortgaging
Remortgaging
• Last years mortgage awards and the 6 month rule
Bridging
Lots of Questions..?
Lots of Questions..?
•One answer
The Answer
The Mayfair Consultancy, Specialist Mortgage Brokers
•01752 21 12 21
