Landlords

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Being a Landlord of a property or property folio can have many challenges.  In a buoyant property market lenders are keen to support investors and increase borrowings.  You may feel safe in doing so at the time with support from your financial institution but what happens when things go wrong?

The lender will still seek full repayment of their mortgage / secured debt no matter what the value of the property. The lender may seek ways to improve their position and minimise their exposure by charging other assets and even your home. 

We have had many clients experience this and felt at the time they had no option but to voluntarily allow their lender to take additional security over other assets to secure their debts. With increasing property rates, council taxes and changes to tax legislation landlords are under increasing financial pressures.  

If you are a landlord you may have a mixed folio of performing and under performing properties charged to various lenders.Our consultants can review your portfolio and discuss with all of your options whether you wish to retain, renegotiate or dispose of certain properties we can help.