The truth about Buy to Let Mortgages in 2020 and what to do next

📌 Don't forget to subscribe to Niche Advice for the latest property finance insights This video by mortgage professional Mr Payam Azadi dissects the position many poorly advised Landlords find themselves in as the buy to let Mortgage lenders edge towards retraction. It stresses that highly geared Buy to Let Mortgages portfolios are of greatest concern as the advice given by self-proclaimed property experts, often in private seminars, to squeeze every last penny out of portfolios for the next venture or invest in AirBnB for greater rental yields are strategies that are no longer compatible with 2020, and he offers help with a re-think on what needs to be done about your Buy to Let Mortgage strategies. #Buytoletproblem #Problemmortgage #Buytoletmortgages THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME OR PROPERTY. A mortgage or other loan secured against your home or property may be repossessed if you do not keep up repayments, or if you do not repay it at the end of the term. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the term of the debt and increasing the total amount you repay. Niche Advice Limited is a mortgage and credit broker, not a lender, and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA Firm Reference Number: 750263. The Financial Conduct Authority does not regulate every mortgage or secured finance product. Commercial mortgages, business buy-to-let mortgages and some bridging finance are not normally regulated by the Financial Conduct Authority. Consumer buy-to-let and regulated mortgage contracts are treated differently, and the protections available to you depend on the product, the borrower, how the property is used and your circumstances. Mortgage applications involving adverse or impaired credit are subject to individual lender criteria, affordability and credit checks, and approval is not guaranteed. Adverse credit may limit the lenders or products available and can mean a higher interest rate and a higher total amount repayable.