Mortgage – Desk Personalised Service Variety of financing option Wide access to the finance market BTL/Commercial/Residential 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.

2 Year Fixed Rates Starting From…as of 5.7.2019 Property Type Ownership Value Loan to value Mortgage Type Monthly interest rates starting from Monthly Mortgage Payments Buy To Let - Remortgage Personal name £150,000 75% Interest Only (Term 25 Years) 1.67% (APRC 3.87%) £157 Buy To Let – Single- Purchase Limited Company 2.84% (APRC 5.24%) £266 Buy to Let – HMO –Purchase £250,000 Interest Only (Term 25 Years 2.94% (APRC 5.00%) £460 Main Residence – Remortgage Overall cost for comparison (APRC) Personal Name £500,000 Repayment (Term 25 Years) 1.49% (APRC 3.63%) £1498 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 Year Fixed Rates Starting From …as of 5.7.2019 Property Type Ownership Value Loan to value Mortgage Type Monthly interest rates starting from Monthly Mortgage Payments Buy To Let - Remortgage Personal name £150,000 75% Interest Only (Term 25 Years) 2.24% (APRC 4.54%) £210 Buy To Let – Single - Purchase Limited Company 3.39% (APRC 5.81%) £318 Buy to Let – HMO - Purchase £250,000 Interest Only (Term 25 Years 3.39% (APRC 5.50%) £530 Main Residence – Remortgage Overall cost for comparison (APRC) Personal Name £500,000 Repayment (Term 25 Years) 1.89% (APRC 3.23%) £1569 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.

First Time Landlords The average landlord generated £66,000 in gross rental income in the last 12 months. Thinking of becoming a landlord? The above figure has increased by £4k compared to the same quarter in 2018, so now is an excellent time to start your portfolio. One of the lenders recently launched a new exclusive range for first-time landlords looking to purchase a regular buy-to-let, Airbnb, Holiday let or even Houses in Multiple Occupation. Many mainstream banks do not lend to first time landlords, but fear not, Mortgage-Desk are here to find you the best possible finance from our panel of over 120 lenders. 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.

Challenging Cases BTL Purchase – property with solar panels (leased) BTL REM – Debt consolidation / 70 year old / low rental income BTL –HMO Purchase – short term lending 0.70% – exit onto a long term product in 4+ months time 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.

Why is now the right time for brokers to advise clients to remortgage? Mortgage lending is MORE COMPLEX – there are no quick fixes Don’t wait for fixed term to end or base rate to rise Reviewing finances regularly Future regulatory intervention Relationship building 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.

AirBnb If Airbnb doesn’t work out, can landlords convert their mortgage back to a standard buy-to-let property Airbnb won’t work out in every case. Higher cleaning and support costs or more frequent voids may mean the economics are not attractive in practice. If this happens, some lenders, WILL, allow landlords to revert to letting on a more standard AST. 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.

Lenders updates Birmingham Midshires (Single BTL) On Monday 1 July 2019, CHANGES to lending criteria: ● Reducing the stress rate on 5 year products to 4.5% for selected qualifying clients. ● Simplifying our requirements for proof of gross rent on background BTLs. From Monday 1 July, BM no longer require evidence to be kept on file for Proof of Gross Rent for background BTL properties. For a small number of selected applications, please be aware that BM may still ask for this prior to completion. For remortgage and further advance applications, we still require Proof of Gross Rent to be kept on file for the subject property only. 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.

Lenders updates The Mortgage Works looking for more business The Mortgage Works (TMW) From Thursday 4 July, The Mortgage Works is reducing selected 2 and 5 year rates by up to 0.60% and introducing a range of 50% loan to value (LTV) products. Rates for the new 50% LTV five year fixed rate mortgage product start at 1.94% with a £1,995 fee, and are for both purchase and remortgage. Selected 2 and 5 year fixed rate products with a zero fee have been reduced, with the 5 year fixed rate up to 65% LTV with zero fee now starting at 2.49%, reduced from 3.09%. The 2 year fixed rate up to 65% LTV with zero fee starts at 2.39%, down from 2.44%, with both for purchase and remortgage. In addition free valuations have been added to all HMO mortgage products, while selected tracker rates have been increased by up to 0.10%. 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.

Lenders updates Precise– Convert a property into an HMO with Refurbishment Buy to Let Refurbishment buy to let allows your customer the surety of an exit onto a Buy to Let Mortgage*. Other refurbishment buy to let allowable works: • Landlords wishing to change the use of a garage to a habitable room • Properties needing works to meet minimum EPC rating, such as boiler replacement • Landlords choosing to improve their property in order to maximise the rental yield 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.

Lenders updates ? 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.

Brokers shout out Tax Calculations (SA302s) and corresponding Tax Year Overviews are no more than 18 months --latest Tax Calculations and Tax Year Overviews must be for tax year 2017/2018 Unsecured commitments – credit cards / loans / student loans / overdrafts Proof of rental income – banks statements rent v mortgage payments – 3 months Portfolio Spreadsheet – keep it updated Ltd Co lending – bank accounts in place before application. Is it an Assured Tenancy Agreement or a Guaranteed Rental Agreement (Rent to Rent) Source of deposit Why do you want more money ? Get all your Ducks in a line 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.

Best Advice 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.

Want To Protect Your Loved Ones? Personal Cover Critical Illness Cover Income Protection Family Income Benefit Life Cover/ Mortgage Cover T R U S T S 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.

Adams Corner, Oakfield Road Contacting us Mortgage-Desk Adams Corner, Oakfield Road Aylesbury HP20 1LL Tel: 01296 329620 / 329614 Email: steve@mortgage-desk.com www.mortgage-desk.com Mortgage-Desk is a trading style of J R Cox, authorised and regulated by the Financial Conduct Authority. Our FCA registration number is 305402. 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 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.