For all those NMD cashback junkies I can put you out of your misery:

The 85% LTV buy to let mortgage is BACK!

No joke. Here is the good news:

1. Minimum purchase price £40k
2. Ex - local authority houses accepted
3. 100% rental cover
4. Interest only
5. Blemished credit history okay! - up to 2 consecutive missed payments on a credit card and 1 CCJ allowed (max £250)
6. After the fixed rate period the rate is 1.49 above bank of England base rate
7. They do remortgages fee free!

Now for the bad news:

1. Maximum number of properties is 5
2. The rate is 7.54 fixed for 3 years
3. No HMOs (student lets ok)

So if we find a property which is 20% BMV you will get the property no money down with probably some cashback. If we find a property 30% BMV then you will get one hell of a cashback! We are finding 30%+ all the time. Some of the stuff I have seen is 40%+ BMV.

If you want a high cashback property then request a callback!

Ajay

Posted on: 31st Oct 2008

Bookmark:

del.icio.us digg

	Home Services Property News Free Resources Partners Contact Page you're viewing > Home Page > Property News > Property Headlines > we have found an 85% LTV lender For all those NMD cashback junkies I can put you out of your misery: The 85% LTV buy to let mortgage is BACK! No joke. Here is the good news: 1. Minimum purchase price £40k 2. Ex - local authority houses accepted 3. 100% rental cover 4. Interest only 5. Blemished credit history okay! - up to 2 consecutive missed payments on a credit card and 1 CCJ allowed (max £250) 6. After the fixed rate period the rate is 1.49 above bank of England base rate 7. They do remortgages fee free! Now for the bad news: 1. Maximum number of properties is 5 2. The rate is 7.54 fixed for 3 years 3. No HMOs (student lets ok) So if we find a property which is 20% BMV you will get the property no money down with probably some cashback. If we find a property 30% BMV then you will get one hell of a cashback! We are finding 30%+ all the time. Some of the stuff I have seen is 40%+ BMV. If you want a high cashback property then request a callback! Ajay Posted on: 31st Oct 2008 Bookmark: del.icio.us digg Furl Facebook Reddit Yahoo Spurl Smarking Simpy Stumbleupon Ajay – are you a one man band we now source AND manage property crash is to be declared over within days Get Ł968 worth of Ajay Ahuja's eBooks for free 95 per cent LTV and 0 per cent mortgages 85% lending is back (at a sensible rate of 4.59) 55 per cent BMV!!!!!! I have found 0 per cent finance I am looking for a Manager of The Entrepreneurs recession busting idea wow, what a response! I want to be in business with you! have you seen facebook on the fonejacker? interest rates need to be MINUS 1.25% USA interest rates to 0% How I saved Ł20,000 with one letter 100% buy to let finance I am retiring next year Can you ride a cycle? welfare reform plans The dreaded D word just got off the phone to my top sourcer base rate cut by 1.5% to 3% I have found another 85% LTV lender! fancy a 10,000,000 per cent return? we have found an 85% LTV lender FTSE has to hit 11,000 to match property! guess what the experts are now saying about intere buy to let mortgages on the increase! 1 day sale, only Ł500 per property interest rates to fall below 2.5 per cent another interest rate cut? is 100 per cent finance on the horizon? do I really need a property sourcer? major expansion of my services will the banks lend? I knew mortgage express would get in to difficulty Why 5 per cent = 7,256 per cent What is going on with the markets! Inflation at record levels, FTSE crashes and reces Is the credit crunch over? Here is a simple way to make money this deal you can split and make 175,000 Become an introducer of mortgages Even I am surprised how much rent you can get thes Are the old days of investing coming back? do you want properties requiring refubishment? house prices to RISE by 30 per cent Invest in property or the stock market? 2,000 jobs have gone in the construction industry Have your property managed for free Do you have a property to sell? Store cards can make you wealthy I found these 2 articles you ought to read Are you fed up with your letting agent? Radical changes at Ahuja.co.uk I want to tell you the property companies to avoid I will get you the property you want For those who deal in facts - here are the facts Now is the time to buy! My FREE seminar dates announced My No.1 Tip For Serious Property Investors How To Raise A Deposit Out Of Nothing Avoid capital gains tax on investments, legally Off Plan Properties Can Damage Your Wealth Less than 125% rental calculations for lenders 5.4 times JOINT income lending on 125% LTV Four-year high in demand for rentals Tales of a Landlady: Spotting a hotspot Lending for Extremely Low Value Properties HLC Higher Lending Charge Raise Ł50k out of thin air! Pick up your free tenancy agreement from us Ajay is appointed Microsoft's Property Expert Theft of my Ł32,000 flat Average UK house price now Ł210,000 - So what! Build a portfolio out of thin air just like I did! Accelerated Saving Scheme When is renting better than buying? Cashflow problems are good! Buying a car is more expensive than you think 90% BTL lender with interesting terms 600% return in 5 years How To Predict Future Property Prices Why negative bubbles exist Borrow over 100% of purchase price for BTL Raise a deposit AND save a life Valuation Lending: Build a portfolio with nothing Do You Watch Dragons' Den on BBC2? Mortgages for Low Value Properties 1+1+1 = 5 The 3 Strategies in Property Investment The 6 Month Problem Interview with Adam Samuel from nubricks.com Buy-to-Let Prisons The time I nearly went bankrupt Dragons dens and yields Rental Growth is the NEW Capital Growth Having a nightmare keeping track of rents due? 95% Refurbishment Mortgages A new way to raise cash from your properties Why Philip Green is so rich Xmas is the best time to buy My broker sorted a mortgage in just 4 days I'm featured on Microsoft Property Expert! Property Investment News Ajay's Blog Daily Deals Latest News e-Newsletters

	©2004 - 2009 Ahuja Group Home Services Property News Free Resources Affilliation Contact