Face-to-face mortgage advice to suit your needs

21 06 2017


Mortgage Advice Bureau is one of the UK’s largest mortgage brokers in the UK with over 50 awards won the past 5 years. We have local advisers available who can search over 11,000 different mortgages from a selection of 90 different lenders to take the hassle and stress out of finding a mortgage.

Mortgage Advice at Belvoir Stoke on Trent

Mortgage Advice Bureau work with Belvoir Estate Agents to provide expert mortgage advice in Stoke on Trent and the surrounding areas.

Our advice will be specifically tailored to your needs and circumstances which could be for your first home, moving home, investing in property or remortgaging.

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For mortgage advice call us on 01782 767065


1 03 2017

belvoirletProperty news over the last few months has been dominated by stories heralding the death of buy-to-let. The whole concept of buying a second (or third, or fourth) property and renting it out to provide a supplementary income or a nest egg for retirement was, said the press, an antiquated model that no longer made sense.

While such stories may not be dominating the press at present (though I don’t doubt most of us wish they were – we’ll take a bit of landlord bashing over the insanity the world finds itself in at the moment) the view that buy-to-let is over still stands. So should we believe it? Is property investment over? The polite side of me would put it this way: don’t believe everything you read in the paper. The other side? It’s a load of rubbish.

Investing in property may have become a little more complex, with changes to tax relief rules and increases in Stamp Duty Land Tax now in play but property remains the safest form of investment and it is absolutely still possible to prosper from it.

Know your starting point

It sounds obvious but before you even think about viewing investment properties you need to get to grips with the funds available to you. Do you have money in ISAs or savings? If you don’t have a standard savings pot look at other options. You may have equity in your home and have not realised it, remortgaging could free up this cash. With mortgage rates still pretty low now would be a good time to do so. Be clear on your starting point and the funds available to you.

Be clear about what you want to get from this

Buy-to-let is not over; buy-to-let as a get-rich-quick scheme is, for the time being at least. When property prices were soaring it was easy to buy a property, rent it out for a couple of years and sell at a huge profit. The economic crash put a stop to all that. But if you’re in it for the long term buy-to-let can be hugely lucrative. Decide what your plan for the property is and think about your reason for getting involved in property investment. Set your goals. If you want to be successful, you need to have a clear goal in mind.

Use your goals to help you form a strategy

Once you know what you want from your property devise a strategy to achieve that. There are lots of ways to make your investment go further – Houses in Multiple Occupation (at least three tenants forming more than one household), conversions, property funds etc. By understanding your long-term goals, you can build a strategy around this. If the idea is to add an extra income each month a HMO can be very profitable – however managing a HMO takes time and effort. If your reason for getting into property investment is to reduce your work hours and spend more time with the family, spending all your time looking after tenants in a HMO counteracts that.

Work with experts

This is crucial. Many things can and do go wrong in property purchases and the best way to safeguard yourself is to use trusted experts. Find a mortgage broker who specialises in buy-to-let rather than one who dabbles in it from time to time. Use a solicitor who’s used to property investors. Research your experts well. Check reviews and speak to other investors.

Get to understand how property works

It’s a massive misconception that the sale of a property is the key to making a profit. The profits are made in the buying rather than the selling. Buy well. Remember, one of the great things about property is that prices aren’t fixed. You can’t negotiate on rate of ISAs or share prices, but you can on property. And that negotiation is crucial. Once you’ve completed steps one to four, you’ve built your team and have your strategy in place – then you need to get the best deal possible.

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or Call us on 01782 478444 for advice on #buytolet 


Written by Rob Bence, co-founder and co-presenter of The Property Hub..

17% of UK rental properties could be unfit by 2018

15 02 2017

17% of properties on the private rental market could become unrentable by 2018, should Government plans for new legislation go ahead.

New research from Urban.co.uk suggests that the Energy Efficiency Regulations passed in 2015 could lead to a number of properties being unfit. This is a concern given the existing supply/demand imbalance.

Energy Efficiency Regulations

The 2015 Energy Efficiency Regulations set out minimum energy efficiency standards for England and Wales. The legislation makes it unlawful for landlords to offer a new tenancy agreement on properties with an Energy Performance Certificate (EPC) rating below E from the 1st April.

Urban’s Landlord Knowledge Survey Report questioned around 4,000 UK landlords on a number of issues relating to the UK market. It suggests that many current private landlords are unaware that a large chunk of homes available in the rental market are currently below the minimum energy efficiency standards proposed.

Adam Male, co-founder of Urban.co.uk, said: ‘One reason to explain the lack of industry knowledge could be due to the recent influx in new regulations, which have flooded the rental market. With landlords facing more changes than ever over the past couple of years, it is no surprise that many find it tricky to keep up-unfortunately that’s no defence should it all go disastrously wrong.’[1]

17% of UK rental properties could be unfit by 2018


Planning and preparation will be needed in order to mitigate the impact of the new legislation. Landlords are being urged to act now to make sure their properties come up to at least an E standard.

Danny Luke, managing director at Quick Move Now, observed: ‘It is commendable that the government is keen to improve the quality of rental property, but for the proposed new legislation to be workable, a great deal of thought will need to go into how landlords can be supported to make the necessary changes. This is especially true in light of the government’s decision to stop funding Green Deal improvements.’

‘If significant energy efficiency improvement work is likely to be required, landlords will need support if we want to ensure a vibrant and efficient private rental market in the coming years,’ Luke added.


Belvoir Stoke can help landlords to stay legal

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written by landlordnews.co.uk  

Buy-to-let landlords undeterred by stamp duty surcharge

1 02 2017

Buy-to-let landlords undeterred by stamp duty surcharge

The number of second homes liable to pay stamp duty increased to 62,800 in the final quarter of last year, up from 56,200 in Q3 and 30,400 in Q2, suggesting that many people believe that investment in buy-to-let property is still worth pursuing.

The introduction of the 3% levy on stamp duty in April 2016 was expected to sound a death knell for buy-to-let property. But the fact is that many investors remain attracted by the high yields, low void periods and potential for capital appreciation that buy-to-let offers to be deterred by the introduction of the surcharge.

Instead of steering clear of the market, many buy-to-let landlords continue to add to their property portfolios, as reflected by the significant increase in the amount buy-to-let investors borrowed to invest in property towards the end of last year.

Landlords borrowed £3.2bn in November 2016, up 10% month-on-month, the Council of Mortgage Lenders (CML) said, which was the highest monthly level since the stamp duty changes on second properties were introduced last April.

The government has made £519m from the 3% surcharge on second homes in Q4 2016 – and £1.19m since Q2 2016.

As well as buy-to-let investors, the second home 3% stamp duty tax can apply to those purchasing holiday homes and parents buying for children, for example.

Commenting on the HMRC’s latest quarterly stamp duty statistics, Nick Leeming, Jackson-Stops & Staff chairman, said: “So far £1.19m worth of stamp duty receipts are estimated to be attributable to the additional 3% element payable on second homes, a significant windfall for Treasury coffers.

“Between Q2 and Q3 the number of second homes liable for the 3% surcharge nearly doubled. This increase is understandable as many buy-to-let investors would likely have rushed to make purchases before April 1st, but the number of liable second home transactions is up again in Q4 to 62,800.

“The data suggests that buy-to-let investors are not being deterred by the new tax which is supposed to be dampening demand from this group to the benefit of first-time buyers. We will see the true impact of this policy in time, but my fear is that additional costs will be passed on to tenants.

“The better solution is a real concerted drive to build more homes, rather than targeting buy-to-let investors – I hope the upcoming Housing White Paper contains a real blueprint for change in this regard.”

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or Call us on 01782 478444

from landlordtoday.co.uk


21 01 2017


 Nationwide expert Belvoir views prospects with optimism for year ahead.



The Stoke office of property specialists, Belvoir, will be part of a nationwide drive to integrate the private rented sector more positively into the government’s housing plans for 2017.

Despite government changes and fresh challenges in the ‘buy-to-let’ market, the future for rented property will continue to be one of the best bets for the country’s growing number of tenants as well as landlords, says the company.

“We’re starting the new year with more optimism than we’ve had for some time,” says Alejandra, who owns the Belvoir Stoke office…

“Although the market is likely to be slowed down by the threat of stricter ‘buy-to-let’ rules – including tougher affordability checks for buy to let mortgages and the withdrawal of tax relief on mortgage interest – we are still reporting an increase in demand for houses to rent.

“If you are a cash investor, or perhaps an ‘accidental landlord’ who has inherited a property with no mortgage repayments, you can expect a very healthy return on your investment – far better than you could achieve from mainstream savings products.

“So, a priority in 2017 will be to carry on sourcing more local, good quality rental accommodation to satisfy both landlord and tenant client demand across the board.”


More buy-to-let landlords turn to bridging finance

18 01 2017


The Bank of England’s decision to crack down on buy-to-let lending through the introduction of tighter borrowing rules and stricter affordability tests mean that increasing numbers of landlords are turning to less conventional forms of finance in order to carry on investing in the buy-to-let market.

According to the findings of a new Broker Sentiment Survey, conducted by bridging loan lender MTF, 84% of brokers were unable to source a buy-to-let mortgage for some of their clients in the final quarter of last year, with more than a quarter – 27% – attributing affordability as the main barrier.

One in five of the brokers surveyed said they were unable to get buy-to-let mortgages for clients with adverse credit and equally, 20% blamed consumer buy-to-let regulations.

But while buy-to-let lenders deal with the latest interventions by the Prudential Regulation Authority, business in one often-overlooked corner of the market is currently booming.

Demand for bridging loans – short-term secured loans designed to bridge a temporary cash shortfall when acquiring a property – has surged, as reflected by this latest poll.

The study found that 69% of brokers opted for bridging finance after being unable to raise a buy-to-let mortgage for their clients in instances where time is of the essence. Some 8% of brokers opted for secured loans as an alternative.

Bridging loans were once perceived as a ‘last resort’ lending option. But with a growing number of borrowers attracted to the greater flexibility offered by alternative finance providers, including no minimum term and no exit fees, it is now expanding fast, with 31% of brokers noticing a rise in bridging loan volume in Q4 2016, up from 13% in the previous quarter.

The South East saw the biggest demand for bridging loans in the UK at 50%, up from 29% in Q3.


written by .landlordtoday.co.uk/


For Mortgage advice speak to the Belvoir Stoke team on 01782 767065 or click here: Mortgage advice 

Belvoir West Midlands Property Event

20 12 2016

Join us at the #Belvoir West Midlands Property Event
It’s a FREE event with Limited spaces 
We have Guest Speakers James Drury an Estate Agency Consultant and Kate Faulkner a Property Expert taking place on Wednesday the 8th February at The Moat House Hotel, Hanley, Stoke-on-Trent ST1 6BQ  19.00 – 21.00
Call Belvoir Stoke on 01782 478 444 or email stoke-on-trent@belvoir.co.uk to BOOK
#Stoke #PropertyInvestors