Collect 500,000 intervals of wind speed data in the field, with easy PC download for storage and analysis. Note that this kit only provides average wind speed data (not wind direction). Battery life up to 10 years (see details).
In the past, mortgage lenders largely based the amount you could borrow on a multiple of your income. This is known as the loan-to-income ratio. For example, if your annual income was Â£50,000, you might have been able to borrow three to five times this amount, giving you a mortgage of up to Â£250,000.Now, when you apply for a mortgage, the lender will cap the loan-to-income ratio at no more than four and a half times your income.They must also assess what level of monthly payments you can afford, after taking into account various personal and living expenses as well as your income.ow, when you apply for a mortgage, the lender will cap the loan-to-income ratio at no more than four and a half times your income. They must also assess what level of monthly payments you can afford, after taking into account various personal and living expenses as well as your income.
For most people, the words âEU mortgage credit directiveâ do not mean much. Yet Gray warns âthe very foundation of the UKâs BTL mortgage market could changeâ when the new rules come in next March. âIt may be the last chance for people like me to get into buy-to-let,â he said.The new rules are expected to hit those with their own mortgage but no buy-to-let property.Those without significant debt, such as a mortgage, and existing landlords will not be as badly affected. Gray added: âToday, it is quite easy for homeowners looking at their first buy-to-let.hotograph: Alamy. LIKE many homeowners, Ian Gray often thought about buying a second property and letting it to make extra money. But now Gray, a mortgage broker, is rushing to act on what was once a vague plan â before new rules make it difficult for aspiring landlords to apply for a buy-to-let (BTL) mortgage.