Mortgage Market  - New Build Issues - Fixed Rates - Property Down Valuations - lending criteria
Channel: Niche
Date: 20/07/2021

In this Mortgage Market Update, Payam Azadi Mortgage broker at Niche Advice talks about real-life case scenarios including how clients are selecting fixed-rate Mortgage products, buy to let inventor problems tenant eviction issues and how landlords can protect themself's property supply in the south and experience on new build deals. Payam also shared his own experience is buying a property in an overheated market back in 2007 and what he learnt from the experience. 

⏱️TIMESTAMPS⏱️ Just click on the Topic links below
0:00 Intro
1:19 Current Fixed rates and products
2:29 UK Inflation and future interest rates
5:08 What I did with my own Mortgage selection
5:42 New Build problems to watch out for.
8:08 Buy to Let choosing the wrong property
9:40 How Bridging finance is being used in some cases
10:48 Rental guarantee & legal protection for Landlords 
12:53 How bank Statements are being reviewed by lenders
13:48 Pressure around finding the right property 
15:10 News that 50% of buyers regret how much they paid  
15:38 When I bought a BTL property in 2007 and what happened
18:58 Outro message

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY,IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances, and your case should be fully discussed with a Professional Mortgage Broker before you apply. Niche Advice are Independent Whole of the Market Mortgage Broker dealing with different types of clients buying properties all across the UK.

Some Buy to let, and commercial mortgages are not regulated by the Financial Conduct Authority.  

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA No: 750263. The Financial Conduct Authority does not regulate Commercial Buy to Lets including some Bridging Loan products.

#NewBuilds #PropertyDownValuations  #FixedRateMortgage