Whether you’re on a fixed rate mortgage, or a tracker or variable rate deal, there’s a lot to be concerned about right now. When the Bank of England increases its base rate, mortgage rates follow suit. If you don’t remortgage when a fixed deal concludes, your interest rate converts to […]
To help buyers and sellers better understand their legal position, property purchasing specialist, HBB Solutions, has created a comprehensive guide to pulling out of a property sale. What does it mean? When is the last point you can do it? And what are the ramifications of walking away from the deal? […]
As interest and mortgage rates rise, mortgage providers are becoming more strict when it comes to who they will and will not lend to. This means that anyone who has adverse credit might find it difficult to get mortgage approval. But new industry insight from Revolution Brokers shows that people with adverse […]
The latest research by Revolution Brokers reveals that bridging loan lending has increased by 30% since the start of the pandemic, as UK homebuyers work hard to stay afloat in an historically busy housing market. In Q1 2020, at the very start of the pandemic, total bridging loan lending in the UK […]
Stipendium, the platform that simplifies life’s complex events, has compiled a guide on what to expect when it comes making an offer on a property and the best, most reliable ways of ensuring that your offer is accepted. Understand the local market When you have found the home you want to […]
The latest HM Land Registry House Price Index (which you can see here) shows property prices climbed a further 0.5% between January and February of this year and 10.9% on an annual basis. You can see the reaction below from those in the know… Iain McKenzie, CEO of The Guild of […]
Each year there are over 1.5 million homes listed for sale in the UK and the potential sellers of each all require anti-money laundering checks – often there’s more than one check per property in the case of joint ownership. Since June 2017 property buyers, at the point that an […]
Most of us are probably going to start our property portfolio by buying vanilla buy to lets, and we are probably going to fund these using standard buy to let finance. A typical buy to let mortgage is probably going to be a 75% loan to value mortgage. The bank […]
One of the big, big changes in property over the last 20 years is that it is now so easy to find finance for your properties. When I first started 20 years ago, buy to let mortgages had only just come in. Nobody quite knew what they were, or how […]
A question I am quite often asked is, ‘should I still be buying my properties using interest only mortgages or has that all changed now because of section 24 and the tax changes?’. Let me start by prefacing that with a quick comment. In the lending world the rules have […]
