One of the easiest mistakes to make with a refurbishment project is to assume that if finance is available, it must automatically be the right finance. It doesn’t work like that. A deal can look perfectly workable on paper, the lender can say yes, the money can arrive, and yet […]
One of the more frustrating things about refurbishment projects is that when there is a loss of profit, it is not always because of something dramatic. Sometimes it is not one big disaster at all. Sometimes it is a series of smaller mistakes, each of which may not look too […]
New insight from the boutique debt advisory and investments firm, Excellion Capital, reveals how real estate developers can produce business plans and loan applications that impress lenders and pave the way for achieving the strongest possible terms when financing a project. Create an organised business plan that will resonate powerfully with […]
Uncertainty was the theme of 2024, thanks to the general election, a ‘painful’ Budget and a slower than expected reduction in interest rates. But from a market point of view, uncertainty resulting in a slow-down has the advantage of creating pent-up demand in the period that follows. Whereas in 2024 […]
BuyAssociation explores what Labour’s first Autumn Budget announcement could mean for property investors and landlords and how the housing market is expected to perform in the coming months. Inside the guide, they cover: Labour’s first Autumn Budget announcements and what they mean for you Current property prices and rental yield analysis Positive trends in mortgage rates Key updates on the Renters’ […]
First-time buyers need to borrow up to 15x their salary to afford a home in some UK cities, new report reveals According to the new first-time buyer affordability report from Mojo Mortgages, a fee-free mortgage broker, aspiring homeowners in cities such as Bath may need to borrow up to 15 times their annual […]
Following a sustained period of record high interest rates, the Bank of England have voted by a majority of five-to-four to reduce the base rate of interest from 5.25% to 5% – the first drop since the start of the COVID-19 pandemic in March 2020. The decision from the BoE […]
As a landlord, your property’s yield is an important figure. It indicates the level of return your property investment is generating and can be used to track the performance of your property over time so that you can compare it with other buy-to-let properties and market averages, as well as […]
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 […]
A question I am sometimes asked is, ‘Peter, what is the ideal amount of loan to value to have spread across a portfolio, or even on individual properties, and how would you know what that figure is?’. Well, it’s an interesting question, and I have to say that in my […]
