1. Finance Available!

2. Mortgages More lenders Criteria easing 2 examples
Lender accepting latest years account for self employed
Lender will ignore any childcare costs

3. Buy to Lets Getting better and worse More lenders
Tighter with rental calculation
More and more restricting on lending/number of properties
Some turning against professional land lords
Ltd company BTL’s available, banks and peer to peer

4. 2nd Charge loans Back in the market For residential and BTL properties
Criteria fairly relaxed

5. Bridging finance Been available in NI last 2 years
More lenders now dipping their toe in market
Increased competition leading to better rates
Good for refurbishment projects

6. Development Finance More options becoming available
Best case 70% on purchase and 100% on WIP
Rates 7-12% interest and 2-7% on fees depending on lender
Banks are lending but to select few
Rates and fees more favourable if selected!