At this month’s Northamptonshire Property Social, on Monday 16 April, local landlords and property developers will meet commercial finance expert Mark Dodsworth of Blue Storm Financial Services.
Mark will be sharing over 30 years of experience in financial services. He will explain why he is passionate about forming long-term relationships with his clients to ensure they get the best and most appropriate finance available to them.
He says: “Your existing bank might produce an offer of finance but is it the right deal for your business?
“An experienced whole of market broker who gets to know you and understands your aims and objectives can make sure that the right approaches are made to the right lenders. They will help you get the best deal and save you time.”
Mark will talk about funding options for buy to let properties and houses in multiple occupation (HMOs).
Potential interest rate rises, periods when a tenant may fail to pay the rent and the borrower’s ability to maintain mortgage payments all need to be taken into account.
The Prudential Regulation Authority (PRA) regulations and taxation changes mean that mortgage lenders are tightening their affordability criteria and reducing borrowing levels.
With the recent changes in taxation and interest relief it’s more important than ever for private or incorporated landlords to have the right mortgage for investment properties.
For developers Mark will also talk about the best way to plan and obtain development and bridging finance to take forward that ‘once in a lifetime’ opportunity or to maximise return on investment.
Contact Amber Properties on 01604 644 449 if you would like to find out more about financial options in the property sector and meet other property professionals in the Northamptonshire area. Alternatively you can book online at: https://www.eventbrite.co.uk/e/northamptonshire-property-social-tickets-44363177458