Author: Scott Morrissey

Right To Buy

Right To Buy Purchases

Right To Buy (RTB) Purchases in my humble opinion are one of the best ideas the goverment has come up with. This is a scheme where a tenant has the opportunity to purchase their council / housing association property at a discounted price. The discount will usually depend on how long you’ve lived at the property for. i.e. The longer…

Is the recovery coming?

Is the recovery coming? This is a question my clients continuously ask me. They seem to be getting more anxious and frustrated every day. Especially the clients who have loads of equity but may not meet the strict affordability requirements. They may also have bad credit which lenders are simply not interested in at the moment. I watched a programme…

Flexible criteria for Buy to Let

If you are having trouble trying to re-finance your BTL portfolio or simply looking to purchase a second property then look no further. We at Solution Mortgages have an extensive range of products which can help in most circumstances. Please see the list below;- Employed or self employed acceptable Gross rental income 120% of the pay rate Min loan £25,001…

Bank base rate held at 0.5%

For the 30th consecutive move the Bank of England base rate has been held at 0.5%. The minutes of the August MPC meeting has revealed that it was a unanimous vote for the past two months. This is likely to continue well in to 2012 as the UK economy remains fragile. If you need some infromation on secured loans, Remortgages…