Looking for more? Download Mark Homer’s FREE 42 Tips Guide → https://bit.ly/mhreport-yt
Today our host Emerald Fisk dives into one of property’s biggest questions… “What is a mortgage?”
There’s much talk at the moment around the Bank of England and current interest rates, even more so how this affects our mortgages. Whether you’re a seasoned investor or just starting out, understanding such financing options is crucial for your success. So, get your notebook and pen ready – let’s tune into this Property Investing 101: Property Tip!
🟠 Buy-to-Let Mortgages: Discover how buy-to-let mortgages differ from residential mortgages and why they offer flexibility for property investors. Learn how lenders assess your income and the income produced by your property, plus understand the method behind the buy-to-let stress test as well as recent changes in lending criteria.
🟠 HMO Mortgages: Explore the potential of Houses in Multiple Occupation (HMOs) and why they can boost your returns. Find out the experience requirements for HMO lending and the exceptions for first-time landlords.
🟠 Short-Term Lets: Thinking of renting your property short-term through platforms like Airbnb? Learn how lenders evaluate these types of property strategies and discover a unique approach to income calculation that can maximise your potential!
🟠 Semi-Commercial Mortgages: Uncover the benefits of investing in semi-commercial properties. We’ll discuss the experience level lenders prefer and the advantages of diversifying your portfolio.
🟠 Multi-Unit Freehold Block Mortgages: Explore the world of multi-unit freehold blocks and understand the conditions for first-time investors. Discover why this investment type can reduce risk and increase profitability.
Understanding Swap Rates vs. Bank of England Base Rate:
🟠 Swap rates heavily influence buy-to-let and other mortgage types.
🟠 Swap rates reflect overnight interest rates in the lending market.
🟠 Fixed-rate mortgages are based on swap rates, not the Bank of England base rate.
🟠 Bank of England base rate affects the standard variable rates (SVR) of lenders.
📊 SONIA Swap Rates Explained 📊
🟠 Uncover the significance of SONIA swap rates in property financing.
🟠 Learn how swap rates impact buy-to-let mortgages and other types of property loans.
🟠 Understand the role of the Bank of England base rate concerning swap rates.
For more in-depth insights and tips on property investment, don’t forget to check out Mark Homer’s FREE 42 Tips Guide linked above.
#buytolet #inflation #mortagerates #bankofengland #landlords #privatelandlords #SONIAswap rates #UKPropertyInvestment #PropertyTips #ProgressiveProperty
Emerald’s achievements speak volumes—she clinched the VIP JV of the Year Award in 2018 and has since soared to new heights. As a dedicated off-market broker from an award-winning firm, she secures her clients the best available rates. Your property dreams are in expert hands with Emerald!
At Progressive Property, our expert guidance arms you with the essential tools and expert guidance to conquer the world of property investment. Our method is comprehensive, taking you through every step, with personalised mentoring and a thriving community to ensure your success.
But our mission doesn’t end with education. We spark your love for property investment, guiding you through market intricacies and fuelling your drive to excel. With unwavering commitment, your investments and income can reach unprecedented heights.
Want to learn how to build your own property empire using NONE of your own money? Tune in with Kevin McDonnell, the king of ‘No Money Down’. ▶️ How to Build a Property Empire with ZERO Money – First Time Buyers Must Watch!
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0:00 BUY TO LET Mortgages
1:20 HMO Mortgages
2:47 SHORT TERM LET Mortgages
6:09 SEMI-COMMERCIAL & MULTI-UNIT FREEHOLD Mortgages
7:23 BONUS TIP: SONIA Swap Rates
9:26 FREE DOWNLOAD
9:40 Stay Tuned!
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