for intermediary use only aldermore bank plc is authorised by the prudential regulation authority...
Post on 28-Dec-2015
221 Views
Preview:
TRANSCRIPT
FOR INTERMEDIARY USE ONLYAldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority. (Financial Services Register number: 204503). Registered office: 1st Floor, Block B, Western House, Lynch Wood, Peterborough, PE2 6FZ. Registered in England No. 947662.
The Key to Buy-to-letAldermore Residential Mortgages
Agenda
The Aldermore Story• The Market and its Drivers
• Opportunities
• Our Key Features
• Case Study
Buy-to-let a Growing Market
The number of buy-to-let properties in the UK is set to treble by 2032
Private rented units (thousands)
2007 2012 2017 2022 2032
Buy-to-let – Market Drivers
UK populationProjected to rise to 70m by 2027,
from 62m in 2010
One person households Projected to equal two-thirds of the future
increase in households
Increase portfolio18% of landlords are looking to
increase their existing portfolio in the near future
Buy-to-let – Opportunities
Standard range• Flat’s
• Detached houses
• Semi detached houses
• Terraced houses
Specialist range• HMO
• Multi-unit block
• Student lets
Landlord’s propensity to purchase a buy-to-let has increased with 18% expecting to buy soon.
22% of landlords looking to purchase are buying more specialist.
Buy-to-let - Overview
• Up to 80% LTV
• Fixed and term variable rates
• No minimum income (experienced landlords)
• Rental calculation options
• Non owner occupied for remortgages
• Standard and Specialist range
We are experts in buy-to-let mortgages; we have absolutely no portfolio limits and cater for all types of landlords, whether their needs are simple or complex.
Buy-to-let – Key Features
Any type of Landlord• Aged 85 at the end of the term
• First time landlords (75% LTV)
• Experienced landlords
• Self Employed
• Impaired Credit
• Companies owning buy-to-let
• Remortgages
• New Build
• Ex-public Sector
• HMOs
• Commercial Property
Simple to Complex
No Portfolio Limits • No portfolio limits
• Mixture of residential and commercial properties
• Exposure limits
Buy-to-let – Case Study
• A landlord who owns a portfolio of 16 properties
• She wants to remortgage some properties to raise capital to buy another
• She is 72 years old, and would like a 10 year term
Buy-to-let in Summary
Buy-to-let is a sustainable and growing market
Growth is driven by a number of factors
Aldermore cater for: All types of landlord, including Limited Companies
Aldermore accept: Simple to complex applications
Aldermore have: No portfolio limits
Buy-to-let information hub – www.aldermore.co.uk/btlhub
Standard Range: 0333 321 1000Specialist Range: 0173 340 4518
FOR INTERMEDIARY USE ONLYAldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority. (Financial Services Register number: 204503). Registered office: 1st Floor, Block B, Western House, Lynch Wood, Peterborough, PE2 6FZ. Registered in England No. 947662.
ARM118-815-400094
Questions?
top related