Page 2 - The Pulse Issue 4
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CONTENTS




                                                                                                                                Welcome to The Pulse: Issue 4

         Available to Ingard member firms

                                  OVERVIEW OF LENDING CRITERIA


                         Classic Range                                      Solutions Range
                                                                                                                                Look Back at 2016: The Roller Coaster Ride               3
                                                                                                                                                                                                       In This Issue:
              SPVs, trading Ltd Co’s & individuals               SPVs, LLPs, trading Ltd Co’s, offshore
                                                                     companies & individuals                                                                                                           This  quarter  we are focusing  on  the
              First-time landlords, self-employed  &                                                                           Key Improvements We’ve Made to Support                   4             changing face of buy to let. Landlords
                  retired                                         First-time landlords & first-time buyers                     Your Business                                                          were served some bitter  blows

              Ex-pats - via SPVs                                 Ex-pats                                                                                                                             during  2016;  stamp  duty  hikes made
                                                                                                                                                                                                       increasing their portfolios more costly,
              Related transactions & complex                     Foreign nationals                                            2016: A Year of Change for Buy to Let                    5             tougher  affordability  models  have
                  ownership structures                            Complex ownership structures                                                                                                        resulted in the amount they can borrow
                                                                                                                                                                                                       being greatly reduced and changes to
              No minimum income restrictions                     Adverse credit                                                                                                                      taxation will decrease their profits.
              No maximum age limit for Ltd Co‘s                     – up to 4 secured arrears & 4 CCJs                         Buy to Let 2016: Market Changes                          7             This issue aims to address each of the
              Individuals to 85 years at end of term             Clients with income derived solely from rent                                                                                        key changes that have been enforced,
                                                                                                                                                                                                       inform you of the new regulation being
              Ex-local authority houses & flats                  Ex-local authority houses                                    Buy to Let 2017: Market Changes & Forecast               8             implemented this year and provide an
                                                                                                                                                                                                       overview of what  we can  expect  the
              Multi-units up to 10 flats                         Remortgages within 6 months                                                                                                         future of buy to let to look like.
              HMOs/multi-lets up to 8 beds                                                                                     Keystone Property Finance: Case Studies                  9 - 10        It’s important as  Advisers that we

                        PROC FEE: 0.6%                                       PROC FEE: 1%                                                                                                              don’t dwell  in  the past. We need to
                                                                                                                                                                                                       encourage  landlords  to  embrace this
                                                                                                                                Introducing our Refer a Friend Scheme                    11            new norm by providing them with cost-
                 Short Term Finance Range                           Commercial Mortgage Range                                                                                                          effective solutions that enable them to
                                                                                                                                                                                                       weather the storm.

              SPVs, LLPs. trading Ltd Co’s & individuals         SPVs, LLPs, trading Ltd Co’s, offshore                       Launching Soon                                           13            If you would like any additional training
                                                                     companies & individuals                                                                                                           or support  then we’d love to help.
              First-time landlords
                                                                  First-time commercial landlords                                                                                                     Contact our team on 01702 538 800 or
              Property developers                                                                                              Dates for Your Diary                                     14            email info@ingard.co.uk.
                                                                  Business owner-occupiers
              Adverse credit                                                                                                                                                                          Contributors:
                 – up to 4 secured arrears & 4 CCJs               Commercial investors
                                                                                                                                Ingard Members: Route to Lender                          15 - 16       David Ewing, Director
              Flexible underwriting                              Adverse credit
              Decisions within 1 day – hours if needed              – up to 4 secured arrears & 4 CCJs                                                                                                Nikki Haworth, Sales & Marketing
                                                                                                                                                                                                       Director
              No exit fees                                       Interest only terms for 6 -10 years                          Key Contact Information                                  18            Ria Hackwell, Marketing Manager
              Auction purchases                                  Shops & retails units

              Commercial properties                              Offices, warehouses & industrial units                                                                                              David Whittaker, Managing Director -
                                                                                                                                                                                                       Keystone Property Finance
              Flats above commercial premises                    Flats above commercial premises
                                                                  Hotels, guesthouses & B&Bs                                                                                                          Fleet Mortgages
              Hotels, guesthouses & B&Bs
                                                                                                                                                                                                       Castle Trust
                        PROC FEE: 0.5%                                     PROC FEE: 0.75%


                                                                                         Correct as of: 29.12.2016






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