First things First
Please be upstanding for
Her Majesty the Queen.
THINKING OF EXPANDING YOUR
PROPERTY PORTFOLIO?
Robert SmithBEng(Hons)
Senior Partner
The Mayfair Consultancy,
Specialist Mortgage Brokers
AGENDA
• Introduction & Background
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
• Remortgaging
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
• Remortgaging
AGENDA
• Introduction & Background
• The current state of buy to let borrowing
• Paragon Mortgages Ltd (Ref recent article)
• 80% Lending
• Alternative Routes and Case Histories
• Remortgaging
• Bridging
Introduction & Background
Why
“Specialist Mortgage Brokers”?
Introduction & Background
Why Specialist Mortgage Brokers?
Not an IFA
Introduction & Background
Why Specialist Mortgage Brokers?
Not an IFA,
Not a traditional Mortgage Broker
AGENDA
• Introduction & BackgroundWhy Specialist Mortgage Brokers?
Not an IFA, Not a traditional Mortgage Broker
A property investor
AGENDA
• Introduction & BackgroundWhy Specialist Mortgage Brokers?
Not an IFA, Not a traditional Mortgage Broker
A property investor,
and an investors broker!
A Property Investor, and an Investors Broker!
A Property Investor, and an Investors Broker!
• My biggest client
A Property Investor, and an Investors Broker!
• My biggest client
• Other “Financial advisers”
A Property Investor, and an Investors Broker!
• My biggest client
• Other “Financial advisers”
• Estate agents
A Property Investor, and an Investors Broker!
• My biggest client
• Other “Financial advisers”
• Estate agents
• Developers
Background
Background
• 17 Years ago
Background
• 17 Years ago
• 12 Years ago
Background
• 17 Years ago
• 12 Years ago
• 6 years ago
The Current State of Buy to Let Borrowing
The Current State of Buy to Let Borrowing
• Or not.........
The Current State of Buy to Let Borrowing
• Or not.........Mortgage Express, Paragon, Mortgage Trust, Capital Homeloans, Deutsche Bank, HSBC, Clydesdale, etc etc
The Current State of Buy to Let Borrowing
• Or not.........
• Lenders that are lending
The Current State of Buy to Let Borrowing
• Or not.........
• Lenders that are lending
• Massive fees, rates from 4% with base at 0.5%, LIBOR at 0.7% (ish)
The Current State of Buy to Let Borrowing
• Or not.........
• Lenders that are lending
• Massive fees, rates from 4% with base at 0.5%, LIBOR at 0.7% (ish)
• Other more traditional routes
Paragon Mortgages Ltd
Paragon Mortgages Ltd
• Background
Paragon Mortgages Ltd
• Background
–Paragon’s funding
Paragon Mortgages Ltd
• Background
–Paragon’s funding
–My relationship
Paragon Mortgages Ltd
• Background– Paragon’s funding
–My relationship
• Recent article & June 23rd
Paragon Mortgages Ltd
• Background– Paragon’s funding
–My relationship
• Recent article
• Likely products/rates
80% Lending
80% Lending
• Recent news
80% Lending
• Recent news – from 4.69%
80% Lending
• Recent news
• Reason behind decision
80% Lending
• Recent news
• Reason behind decision
• Paragon’s (imminent?) decision
Alternative Routes and Case Studies
Alternative Routes and Case Studies
• The unfaithful borrower
Alternative Routes and Case Studies
• The unfaithful borrower
• The experienced divorcee
Alternative Routes and Case Studies
• The unfaithful borrower
• The experienced divorcee
• The professional landlord
Alternative Routes and Case Studies
• The unfaithful borrower
• The experienced divorcee
• The professional landlord
• The property trader
Remortgaging
Remortgaging
• Last years mortgage awards and the 6 month rule
Bridging
Lots of Questions..?
Lots of Questions..?
•One answer
The Answer
The Mayfair Consultancy, Specialist Mortgage Brokers
•01752 21 12 21