Ask Bea
Bea's Biography
Bea began her career in financial services in August 2001, as an underwriter for Chelsea Building Society. In January 2004 she joined Clydesdale Bank as a Mortgage Adviser, and then joined John Charcol in January 2007 as a mortgage consultant. John Charcol, the sister company of Charcol, provides independent mortgage advice.
Bea’s has been chosen as our mortgage expert due to her excellent reputation both within John Charcol and with her clients through exceptional customer service and management, and first class broking skills. Bea typifies the standards clients can expect from John Charcol. In the words of one of her clients, “Bea has arranged our transaction and has explained what is happening at every stage of the process. I am very pleased and impressed with both her approachable, common sense attitude and ability to obtain the best deal on both my properties, securing mortgages that were far better than what I was used to paying. At every point of contact Bea has been professional and extremely helpful, going above and beyond what would normally be expected.”
Outside of work Bea lives in Richmond with her husband and enjoys reading, painting, good food and great wine.
If you would like to discuss your specific situation in more detail, or would like further advice, please call and speak to one of our qualified mortgage consultants now on: 0845 034 2100
STOP PRESS - Due to a techncial fault beyond our control, we have just found out that we have lost a number of questions submitted over the last month or so. We are extremely sorry about this and apologise to those that are still waiting for a response. If you could re-submit yout question we will endeavour to answer it as soon as possible.
Please be aware that these answers can only be generic and no personal recommendations can be made.
Posted on 29 April 2008
My partner and I currently have a joint mortgage with Nationwide. Our property is worth approximately £200K. The outstanding balance is we owe is £130K. Our total take home salaries amount to £60K.
Category: Buy-to-let, Let-to-buy
Posted on 24 April 2008
I have 2 BTL mortgages of £20,000 each, so that is £40,000 combined. The properties are worth £110,000 each so that is £220,000 combined. I would like to release £30,000 for my primary home improvements. What is the best rate...
Category: Buy-to-let
Posted on 5 March 2008
We have a 2 bed flat on the market at £225,000. We have an interest only mortgage and need to pay back £161,000. We were looking to sell the property to pay off our other loans & credit cards (approx £23,000), invest some in a...
Category: Buy-to-let
Posted on 18 February 2008
I currently own outright a property worth £165,000. I earn between £35,000-£40,000 per annum and am looking to obtain a BTL property. I could command about £400-£450 a month in rent for the location and would like this to pay a...
Category: Buy-to-let, Raising capital out of property
Posted on 5 February 2008
Hi, I currently have a 5 year fixed residential repayment mortgage with the Nationwide. Back in October, due to personal circumstance and the possibility of losing my job, I rented out my house and moved in with my parent until I...
Category: Buy-to-let, Let-to-buy
Posted on 4 February 2008
I currently have a joint mortgage with my parents which is £165k. My salary is £25k and my parents salary is £35k. The property is valued at £450k and we have a borrowing agreement with our lender of upto £300k. We have used some...
Category: Buy-to-let, Second properties
Posted on 1 February 2008
How do you work out the pay rates and rental income % on a buy to let mortgage when it says 125% rental income?
Category: Buy-to-let
Posted on 18 January 2008
I currently own a home worth £171K and have a mortgage of £60K left to pay off. I am looking to buy another property on a buy to let. My Salary is 38K but I would need to borrow £170K to buy the house. All the mortgage...
Category: Buy-to-let, The application process explained
Posted on 17 January 2008
Hi Katie, I am looking for a long term 'Buy to Let' strategy buying about 15 properties over the next 18 months/two years.
1. What products do you have available where I can release capital growth EACH and EVERY year without...
Category: Buy-to-let, Current rates & the market
Posted on 28 December 2007
My parents are selling their house to buy a retirement flat from a friend. They must complete the deal before the end of March 2008 or they will lose it. Their house is on the market at £125,000 and they are buying at £99,000...
Category: Buy-to-let, Legal matters, Mortgages in retirement
Posted on 5 November 2007
Hi Katie, Almost a year ago I bought a two-bed flat and started renting out the one-bed flat I had owned and lived in for six years. It just about breaks even - the rent I receive covers mortgage payments (interest-only) and the...
Category: Buy-to-let, Valuations, Freehold, leases & unusual property
Posted on 5 November 2007
I own a property (Let at £650 per month) worth approx £190,000 with outstanding interest only mortgage of £48,000. I would like to purchase another property worth approximately £140,000 which I would let to my son with his rent...
Category: Buy-to-let, Second properties
Posted on 29 October 2007
Please can you Help. We have a £85,000 mortgage with the Abbey, fixed for another 6 months, and took out a loan for 25,000 with First Plus, what a mistake, to pay off credit cards etc. We now have to move with my husbands job. We...
Category: Buy-to-let, Remortgaging, Secured loans
Posted on 20 October 2007
I am 50, wish to buy my husband out of marital home as we are separating. Property mortgage free.value £160,000. Loan required £80,000. Can I apply for a buy to let mortgage to purchase amount of rental earning required? What...
Category: Buy-to-let
Posted on 11 October 2007
I have been reading some of your advise and i am not sure if i am doing the right thing i renewed my mortgage on 1/9 and have previously just fixed it every 2yrs but decided to fix it for 5yrs at 5.78% and i have also taken out...
Category: Buy-to-let, Remortgaging, Unsecured loans
Answers provided in response to Ask Bea are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Bea will accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.
Categories
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