Buying a property at auction involves paying a 10% deposit on the day and signing a contract to say the remaining 90% will be paid within 28 days. Often, buyers do not have the required amount of money to buy a property outright, and they must consider finance options such […]
For many people, the thought of climbing onto the property ladder can be a far & daunting prospect. Even the first step seems like an impossible task, with many Millennials and Gen Y’s believing that they’re never going to escape the renting lifestyle. This feeling isn’t solely shared by younger […]
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 […]
