BM Solutions launches portfolio BTL calculator

BM Solutions has introduced an online calculator to help brokers with portfolio landlords.

Brokers can now use the new tool to calculate LTV and rental cover ratios for portfolio lending.

BM Solutions decided to make the new calculator following broker feedback.

BM Solutions head Phil Rickards says: “The PRA underwriting requirements for portfolio landlords have resulted in a variety of lenders developing solutions. This greater level of choice is good news for brokers but can also lead to some confusion.

“After an early review, we have simplified our portfolio process with the introduction of a new online portfolio calculator to help brokers to calculate LTV and rental cover ratios for portfolio lending.”


Accord hires Jeremy Duncombe from L&G

Accord Mortgages has hired L&G director of mortgages Jeremy Duncombe as its new director of intermediary distribution. Duncombe has been at L&G since 2013. He joins Accord on 19 March and will be responsible for improving the lender’s position in the intermediary market. Duncombe’s departure is the second recent high-profile exit at L&G, with former […]

Keys, buy to let, landlord, BTL

Billions in buy-to-let tax relief available despite changes

Buy-to-let landlords will enjoy £16.7bn of tax relief even after the government’s changes are fully phased in by 2020, according to research by estate agent ludlowthompson. The reliefs on offer to investors are being reduced on a phased basis. The Treasury has said it expects the amount of tax it collects from property investors to […]


Health Shield joins the Association of Medical Insurance Intermediaries

Health cash plan provider Health Shield has joined the Association of Medical Insurance Intermediaries (AMII) as a corporate member. The non-profit-making Friendly Society is one of eight health cash plan providers to join the intermediary trade body, which is looking to establish working parties with intermediaries and providers on issues such as product innovation and regulation.


News and expert analysis straight to your inbox

Sign up