BM Solutions joins other lenders in lifting minimum income requirement for BTL mortgages

Bm Solutions has announced it is lifting the minimum income requirement on but to let mortgages. In this respect BM Solutions has fallen in line with The Mortgage Works, Kensington, Aldermore and Precise who all have no minimum income requirement for property investors (from lender to lender the criteria of what qualifies for the no minimum income requirement does vary).

This is another positive sign for the BTL industry. With competition between lenders in this arena increasing, the criteria is becoming a little more relaxed, which is great news for the industry.

For further details, contact an advisor at Harvey Bowes today on 029 2115 6918

 

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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About harveybowes
Mortgage Broker and founding Director of Harvey Bowes Limited. A mortgage broking practice with bases in Cardiff & Poole, UK. We take a fresh and positive approach to mortgage broking which pays dividends for both our clients and frankly, ourselves. The team at Harvey Bowes are expert advisors in all aspects of mortgages from residential to commercial and buy to let.

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