The UK is in a tricky spot financially, with millions of households and homeowners across the country feeling the bite of rising inflation – and seeing little hope of reprieve on the horizon. Older homeowners in particular are growing more nervous, as those reaching pension age rightfully consider if their […]
What Is A Bridging Loan? The Benefits & Challenges
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 […]
Tips To Avoid Property Transaction Delays
Should You Have Interest Only or Capital Repayment Mortgages?
COVID-19 has changed the lending market
The lockdown period has proven to be a trying period for the property sector. With the UK Government actively discouraging people from moving property, lenders, borrowers, agencies and brokers were placed in a precarious position. Short-term relief measures were introduced to support those affected, but the lack of certainty made […]