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We are now just starting to see the return of Portfolio borrowing, with the property price boom in London, and the attractive investments within the magic circle of the M25 and certain Hotspots.
The main difference today from 2007 is that the niche lenders are not looking for exposure in excess of 20 properties, and most of the other lenders are comfortable with 5 or 10 properties. Lessons have been learned from the heady days prior to 2007, after which many lenders are still holding BTL portfolio’s and are waiting for the markets to return in order that they can dispose of them without causing panic in the market place.
Â Is it still a wise move to consider borrowing within the portfolio, yes but keep the portfolio small, 5 properties, which makes your life so much easier to take advantage of changes in the market, and to sell or buy at the right time. Also if lenders have a change of lending policy, you are only looking at changing part of your portfolio, rather than all of it. Reacting to changes in the property market is essential to enable you to grow with a spread of risk.
If you would like more information, please call Michael J Alexander on 0800 802 1003 or 07867 794837 email firstname.lastname@example.org