Put simply, the ‘Six Month Rule’ says that if you buy a property you can’t finance or refinance within six months of purchase. Or, if you finance or refinance a property, you can’t then refinance within 6 months of financing or refinancing. So, as an example, if you buy a […]
Are more landlords looking for a short-term solution to ride out the economic and political chaos created by Brexit? That is the question posed after specialist buy to let broker Commercial Trust Limited revealed a growing number of two-year fixed rate buy to let applications, in the first half of […]
The buy to let mortgage market has undergone tumultuous change in the past few years and has impacted on landlords’ bottom lines. Andrew Turner, chief executive at Commercial Trust Limited, explains why a conversation with a specialist buy to let mortgage broker could make a difference to maintaining profit. The […]
More mortgage choice means it’s more important than ever to choose the right lender Alpa Bhakta, CEO, Butterfield Mortgages Limited Recent years have seen a substantial increase in the number of mortgage products available on the market. Between 2016 and 2018, an additional 4,212 products were introduced into the residential […]
Purchasing or remortgaging a buy to let mortgage offers a myriad of choice, understanding some key aspects of lender criteria can help keep you on the right track. Andrew Turner, chief executive at specialist buy to let broker Commercial Trust Limited, shares insight on some of the considerations to help […]
35% of UK landlords rely on brokers to guide their financial choices, while 41% admit they lack knowledge of the options available to them New research by Market Financial Solutions (MFS) has explored the vital role of financial brokers in assisting property investors in the UK. The bridging lender commissioned independent research […]
Bridging loan finance continues to grow in an environment of low interest rates, Brexit uncertainty and mortgage lender caution. Andrew Turner, chief executive at Commercial Trust Limited, looks at the rise of the bridging loan and its uses. The Association of Short Term Lending (ASTL) reported that bridging lending totalled […]
The grass is always greener on the other side of the fence. In property terms, that means renters often find themselves looking enviously at those who have already established themselves on the property ladder, while those who have bought their own property may sometimes wish that they had the flexibility […]
If you are looking for a buy to let mortgage on a high value property, the challenge of securing finance can be tough. A specialist broker could make a big difference in sourcing the size of loan you need at a competitive rate. On bigger loans, personal financial circumstances are […]
In my last blog post I questioned whether house prices still double every 10 years and I gave an example of a property in which this has proven to be true. But is this property an anomaly or does it demonstrate that this trend is still correct? In order to […]
