By Sarah Thompson, Managing Director, Mortgage Scout Compared with a decade ago, today’s first-time buyers are older, more likely to buy with a partner and more likely to have dependent children. This highlights how getting on the property ladder is becoming increasingly hard for younger borrowers. However, lenders are always […]
4 Reasons Why The UK Housing Market May Not Be Dropping
Amidst all the panic and chaos that has surrounded the economy in October due to the policies of the previous Prime minister and chancellors, our friends at the North Property Group celebrated a record-breaking month. Their property consultants managed to generate the highest number of sales in a single month […]
Getting A Mortgage With Adverse Credit
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 […]
4 Ways to Save Money on a New Home
How is Brexit Affecting Property Prices in the UK?
Brexit is an abbreviation for British exit referring to the UK’s decision to leave the European Union. This settlement will have significant impacts on the economy, and it has already affected the confidence of most consumers. You are uncertain of how it will impact your housing market and finances in […]
First time buyers – How much deposit do you need to buy your first property?
A window of buy to let opportunity – but for how long?
Political and economic uncertainty have affected the housing market for several months now, but Mark Carney has warned of possible change, that could affect buy to let mortgages in the not-so distant future. Andrew Turner, chief executive at specialist buy to let broker Commercial Trust Limited, argues that the present […]
Do’s and Don’ts when applying for a Buy to Let Mortgage
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 […]
Brokers hold the key to unlocking credit for UK property investors
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 […]
The rise of the bridging loan
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 […]