THE QUESTION

Can I purchase a property in my name, using a Furnished Holiday Let (FHL) mortgage and THEN run the holiday let through my limited company?

THE ANSWER

You can purchase a property in either your personal or a limited company name using a Furnished Holiday Let (FHL) mortgage, they will lend to either.  Your limited company can operate it and charge a management fee, typically...

THE QUESTION

Just about to buy my fourth buy-to-let (BTL property, but I’ve been told by mortgage provider that this will mean I will become a ‘portfolio landlord’ and, therefore, will need to have at least 30% equity across the board & have 30% deposit for the new mortgage. Is this accurate? If it is, is there any way around it? I was led to believe that mortgage...

THE QUESTION

What are the pros and cons of investing in non- standard construction (NSC) houses which are bit dated and needs TLC – apart from getting a lender. Are they difficult to sell and don’t appreciate as normal brick and mortar houses?

THE ANSWER

If you consider what is called as standard construction, every other building material is, by definition, non-standard. Standard...

THE QUESTION

We have 5 BTL properties on mortgages.  We have used all our funds for the deposits on these houses and now have about 50k left.  We want to continue to grow as proper investors. What are our options to continue to move and grow? 

We would like to buy and renovate a property, but not really sure how this would work as the property we are considering has no heating...

THE QUESTION

We have a property which the whole ground floor is our residential home, and above we have 3 two-bedroom flats, which we let out. The current mortgage ends in later this year approx. 30%LTV.

Our ages are slightly problematic as my husband is 76 and I am 63.  Our current broker is suggesting gearing up our other properties and paying off this one, they say this is the cheapest...