Mortgage Desk. Personalised Service. Variety of financing option. Wide access to the finance market. BTL Financing England, Scotland, Wales

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2 Mortgage Desk Personalised Service Variety of financing option Wide access to the finance market BTL Financing England, Scotland, Wales John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

3 Remortgage -2 Year Fixed Rates Starting From as of Property Type Ownership Value Loan to value Buy To Let Buy To Let Single & HMO Personal name Limited company Mortgage Type Monthly interest rates starting from 150,000 75% Interest Only 1.75% ,000 75% Interest Only 2.59% Monthly Mortgage Payments Main Residence Personal Name 500,000 75% Repayment (25 Years) 1.44% John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

4 Remortgage - 5 Year Fixed Rates Starting From as of Property Type Ownership Value Loan to value Buy To Let Personal name Mortgage Type Monthly interest rates starting from 150,000 75% Interest Only 2.54% Monthly Mortgage Payments Buy To Let Single & HMO Limited company 150,000 75% Interest Only 3.54% Main Residence Personal Name 500,000 75% Repayment (25 Years) 1.94% John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

5 BANK OF ENGLAND INFLATION REPORT: MAY 2018 Hike delayed, not derailed While market expectations of a rate hike this year have fluctuated around today s communication, they are broadly unchanged on the day with one 25bps increase almost fully priced for this year. In our base case, assuming that economic activity bounces back in the second quarter and CPI inflation proves stickier over the coming months than it did in Q1, we expect the Bank of England to deliver a quarter-point increase in interest rates at the August meeting. At present, interest rate markets are attaching only a 50% probability to such an outcome. Nikesh Sawjani UK Economist Source: Lloyds Bank Commercial Banking - Economics & Market Insight John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

6 Challenging Cases BTL Portfolio client with 10+ properties BTL client with adverse. BTL 2 x current fixed rates ending refinance options. BTL - transfer from personal to Ltd Co Scottish property. BTL client refurbishment project BTL remortgage with NO declared rental income to HMRC Let to Buy purchase a new main residential property, retain and let out 2 existing properties. Main Residential - Non UK National with Parental Visa Main Residential - First Time Buyer, single with 2 x children with family gifted deposit Main Residential Right to Buy remortgage within pre-emption period John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

7 Lenders changes The Mortgage Lender enters the buy to let arena! Offering a new range of 2- and 5-year buy to let products with attractive options for both standard, limited company and HMO/MUB applications. Specialist lender that caters well for portfolio clients 80% LTV rates for HMO (6) and Multi-Unit Blocks Lends up to 95 years at end of term. At least one applicant or Director must have owned, let and still own one or more Buy to Let property for a minimum of 12 months. No minimum income requirement Minimum property value 50K for vanilla BTL* *For converted properties, HMOs or any in London and the South East the minimum property value is 120,000. John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

8 Lenders changes Kensington Now Offering lending for LTD Companies. Lending up to *80% LTV -rates from *3.54% Simplification- Business Plan not required Simpler process for portfolio verification and bespoke criteria Credit History defaults >2-years, unsatisfied CCJ S >2-years considered All Guarantors will be underwritten. Standard BTL criteria that applies to individual landlords, will also apply to Guarantors on Limited Company BTL. All individual directors must provide a personal guarantee on a joint and several basis. They will also be required to receive independent legal advice on the nature and effect of the guarantee being provided John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

9 Lenders changes Virgin Money Summary of changes Buy-to-let standard affordability Interest rate stress Application type Rental income 5 year fixed products All other products Purchase and remortgage with additional borrowing Remortgage straight balance swap 145% 5.00% 5.50% 125% 5.50% 5.50% Personal income affordability* Rental cover Interest rate stress Application type and product Min rental income Personal income between All products All buy-to-let applications and products 100% 100% - 145% 5.50% *For personal income to be used, the minimum income required is 50,000 (combined income for joint applications). John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

10 Lenders changes Precise Mortgages: Limited addition Min property value Single 50k 150k London HMO 100K 250 London John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

11 How can we help? Stamp duty changes April Landlords who looked to beat the SDLT changes by taking out 2-year fixed rate scheme may now need to look to refinance before their preferential rates revert to the lenders potentially higher follow-on rate Time to refinance with access to fees assisted remortgage products John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

12 How can we help? Help to Buy scheme was set up in April government s interest-free loan element expires. It s been estimated that 13,423 buyers will start to pay interest from April and therefore have a decision to make is going to be a big year for huge numbers of HTB borrowers who need all the advice they can get John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

13 Minimum Energy Efficiency Standards 1 April 2018 Are you aware of and ready for the new Energy Performance Certificates (EPC) requirements? Domestic eligible properties will need to meet a minimum rating of E those with a rating of F or G are potentially liable for a fine of Need to raise funds to effect these changes? CHECK WHEN BUYING A NEW PROPERTY!!!!

14 T R U S T S Want To Protect Your Loved Ones? Personal Cover Critical Illness Cover Income Protection Family Income Benefit Life Cover/ Mortgage Cover Business Cover Business Protection Key Persons Insurance Relevant Life John Robert Cox trading as Mortgage-Desk is authorised and regulated by The Financial Conduct Authority. The FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages.

15 Mortgage-Desk is a trading style of J R Cox, authorised and regulated by the Financial Conduct Authority. Our FCA registration number is Mortgage-Desk s permitted business is advising on and arranging mortgages and non-investment insurance contracts. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Mortgage-Desk provide other services not regulated by the FCA Contacting us Mortgage-Desk Adams Corner, Oakfield Road Aylesbury HP20 1LL Tel: steve@mortgage-desk.com