Steve Light Mortgage-Desk The information provided in this presentation is aimed as an overview and the opinions expressed do not constitute a formal recommendation. Formal advice and recommendation can be provided subject to undertaking a full mortgage review. 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 1

Main Residential Mortgages Reduction in BOE Bank interest rate by 0.25%: previously unchanged from its historic low of 0.5% since March This cut will take the base rate to its lowest in over 300 years. Aldermore Managed Rate (AMR) by 0.25%; from 4.98% to 4.73%. Nationwide Base Mortgage Rate (BMR) 2.25% (1.9.16) Virgin Money Standard Variable Rate 4.54% Residential Lenders for 1 year Self Employed applicants Choice of 8 residential lenders with rates start from 1.98% with some lenders considering up to 85% Loan to Value.. 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 2

Main Residential Mortgages 2 year fixed rates: <60% loan to value, rates start from 1.34% <75% loan to value, rates start from 1.49% 5 year fixed rates: <50% loan to value, rates start from 2.04% <75% loan to value, rates start from 2.25% 10 year fixed rates: <50% loan to value, rates start from 2.39% <75% loan to value, rates start from 2.99% **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) **. 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 3

Main Residential Mortgages Joint borrower sole proprietor mortgages available Mortgage lending:-offering joint borrower sole proprietor mortgages for both residential and Buy to Let products. The arrangement is designed to enable, for example, parents to help a son or daughter to buy a home with the only charge being on the property being purchased. It is available at up to 95% loan to value for residential purchases and up to 75% for buy to lets. The buyer’s income is boosted by that of parents or a guardian as part of the application but without adding them to the title deeds and with no need for any savings to be lodged with the Lender as security. 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 4

BTL - What’s New? BTL lenders offering rates to limited companies: Aldermore Axis Cambridge and Counties Fleet Foundation Home loans Interbay Kent Reliance Keystone Metro Bank Norwich and Peterborough Paragon Precise Shawbrook With the lowest 75% loan to value product starting at 2.75% (Stepped Fixed) 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 5

BTL Rates reducing Accord – reduced fixed rates: 3yr up to 0.20% and 5 yr up to 0.30% ( ) Skipton – reductions of up to 0.50% on the majority of 2 and 5 year fixed rate Precise - Revised rates: Multi occupancy and HMO's up to 8 beds Available for both individuals and Limited Co's. 3.89% fixed until 31/10/18 Flat lender completion fee of £1,495 Product Transfer scheme: - Kent Reliance, Virgin Money, Metro Bank covers all products and allows existing customers to use a broker to act on their behalf. **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 6

BTL Rates reducing Aldermore BTL 5 year fixed rates - Single residential units a.3.18% to 70% LTV (loans up to £1m) b.3.25% to 75% LTV (loans up to £600k) c.3.99% to 80% LTV (loans up to £400k d.3.99% to 80% LTV (loans up to £400k – LTD Co £199 booking fees (a, b) Nil fee (c, d) 1.50% arrangement fee (a, b) 2.50% arrangement fee (c, d) Reversion rate** 3.89% (AMR -1.00%) **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 7

BTL Rates reducing Aldermore has made changes to its Residential and Buy- to-let lending criteria. Included are……… Property owned for less than 6 months: remortgage available to repay existing facility, plus 100% of the improvement costs. Freehold Coach Houses are now an acceptable form of security. These are a type of property which are built above garages and/or an access way First Time Landlords (Buy-to-let Policy Change)- In the case of joint ownership only one of the applicants is required to be a homeowner (however they will need to satisfy minimum income requirements on their own) 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 8

This months snap shots Axis Bank Introduced 2 year variable rates from 3.69% 75% LTV Minimum loan £75k Low rental stress test, No early redemption charges Reduction on Specialist fixed rates **** 2, 3 and 5 year products with the 5 year fixed now only having ERC's in the first 3 years. 5 year fixed rate, the rental stress is based on 125% of the fixed rate. **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 9

This months snap shots Rental income stress test may have increased, but we can still look to lenders offering low stress tests: Low stress test calculation 125% 4.00% 125% 3.89% (* 150% coverage) Low calculations - 5-year fixed rate using “actual” rate than a higher nominal rate BOE reduction – Virgin Money now 125% 5.74% 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 10

Problem solver John Robert Cox trading as Mortgage-Desk’ is authorised and regulated by The Financial Conduct Authority FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 11

New Enquiry – BTL Purchase Client looking to remortgage a 8 bed HMO, £650K. Client aged 74. Mortgage term with current lender ending Current lender unwilling to extend term Solution: Deal was placed with Precise Mortgages. The product was a 3mc Exclusive 2 yr fixed rate deal with a pay rate of 3.89%. The lender completion fee was a flat fee of £1,495. **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** John Robert Cox trading as Mortgage-Desk’ is authorised and regulated by The Financial Conduct Authority FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 12

New Enquiry – Residential Purchase Applicants were looking to borrow 90% loan to value for a new purchase. Borrow 90% loan to value for a new purchase. One of the applicants was a contractor on a daily rate. The other applicant had a mobile phone default registered in March 2016 Solution: Deal placed with Kensington Mortgages – 2 year fixed, 4.99% with a £1,299. **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** John Robert Cox trading as Mortgage-Desk’ is authorised and regulated by The Financial Conduct Authority FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 13

New Enquiry – Residential Remortgage The client was looking to remortgage to debt consolidate and required 70% Loan to Value. The client had 2 missed mortgage payments within the last 12 months which had been made up. Solution: Deal placed with “The Mortgage Lender”. The product was a 2 year fixed product with a pay rate of 5.51%. The product had a £1,495 lender completion fee. **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** John Robert Cox trading as Mortgage-Desk’ is authorised and regulated by The Financial Conduct Authority FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 14

New Enquiry – BTL Remortgage BTL Re Mortgage to 70% LTV capital raising for their next BTL project Low rental yield – needed rental stress based on pay rate rather than a notional rate. The client also had 2 defaults registered just over 24 months ago Placed with Pepper Homeloans. The product was a lifetime tracker product with a pay rate of 3.68%. The product had a 2% lender completion fee. **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** John Robert Cox trading as Mortgage-Desk’ is authorised and regulated by The Financial Conduct Authority FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 15

New Enquiry – BTL Purchase The client had a BTL portfolio in their personal names and had decided to purchase all new properties within a limited company structure. The client required 75% LTV for the new purchase and also required no early repayment charges from day 1. The deal was placed with Axis Bank. The product was a 2 year discounted product with a pay rate of 3.69% and a completion fee of 1.5%. **APRC% - The APRC (Annual Percentage Rate of Charge) is the total cost of the mortgage expressed as an annual percentage - subject to level / term of mortgage and can be confirmed by Mortgage Adviser) ** John Robert Cox trading as Mortgage-Desk’ is authorised and regulated by The Financial Conduct Authority FCA does not regulate some forms of mortgages, including in most cases Buy To Let Mortgages. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 16

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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage 17 The Aim Financially Free Supporting your family Planning for the future Passive Income Benefit from opportunities Focused on creating YOUR future… but have you considered safe guarding it?

What you may not have considered… Life Cover – How would your death affect your family financially? Mortgage Protection – What would happen if you could not pay your mortgage commitments? Critical Illness Cover – What would happen if you were diagnosed with a critical illness and could no longer work/ work for a period of time? Business Protection – What would happen to your business if you died? Would your dependants/business partners still benefit from your business? What would happen to your business assets? Income Protection – What would happen if you could not work for 6/12/ 24 months? 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 18

Protecting YOUR future When looking into a new deal would you ensure your financial risk is minimal? YES – So why not do the same with your income/ life/ business? FREE REVIEW and FREE trust service Start taking steps to protect your future Please come speak to me in the networking break Business cards at the front 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 19

Any other questions ? Mortgage-Desk, Adams Corner, Oakfield Road, Aylesbury, Bucks, HP20 1LL. Tel: Direct Dial: www.mortgage-desk.com The information provided in this presentation is aimed as an overview and the opinions expressed does not constitute a formal recommendation. Formal advice and recommendation can be provided subject to undertaking a full mortgage review 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage.. 20

End 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. Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 21