Neil Soundy Financial Services - HMO MORTGAGES & REMORTGAGES / 75% LOAN TO VALUE

HMO MORTGAGES & REMORTGAGES / 75% LOAN TO VALUE

THIS LENDER GIVES THE ABILITY TO BUY OR REMORTGAGE A HMO PROPERTY WITH A 25% DEPOSIT OR EQUITY

Keystone (Buy to Let Mortgages) offer HMO mortgages up to 75% of the valuation of the property. The funding from the lending comes from Aldermore.

The other major lenders in this area are Paragon, Leeds, TMW, Monmouthshire, Shawbrook and Kent Reliance

Keystone offers greater flexibility than most lenders lending in this area.

Basic Criteria

Max advance 75% loan to value

Interest only or repayment

Minimum loan £50,000

Maximum loan £500,000

Up to 6 applicants

Max age 85

No minimum income: However income proof will be requested and must be credible to support borrowing.

Rent to interest cover: Multi-Unit & HMO 150% at pay rate.

Arrangement fee: 2.5% added to loan

Current interest rates 30/07/2013

3 year discounted 4.98%.  Then reverting to LIBOR plus 4.70%

3 year fixed rate 5.28%. Then reverting to LIBOR plus 4.70%

5 year fixed rate 5.28%. Then reverting to LIBOR plus 4.70%

Why use Neil Soundy Financial Services for your mortgage advice in Cardiff.

We offer at least twice the choice of mortgages compared to a standard mortgage broker. View the video on our homepage that explains how we are different.

We will give you independent impartial advice on every mortgage from every lender.

Contact us today for a free no obligation initial discussion or meeting

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.

Neil Soundy Financial Services Ltd
66 Albany Road, Cardiff CF24 3RR

Tel: 02921 159 466 | 020 3011 0662

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