Some residential property does not qualify for a buy to let mortgage unless it is refurbished. A new type of loan is being trialled to make financing these properties easier.

Most residential mortgages require borrowers to submit at least three months’ worth of bank statements. Some lenders including Santander, Halifax and Virgin Money have told borrowers that they do not want to see bank statements. Instead, they are relying on a borrower’s credit score to assess affordability. They will still probably want proof of the...

There is plenty of demand for property in the UK, and the government wants new houses to be built to solve the housing shortage. Online retailers are looking for new warehouses for their expanding businesses, and

If you own property that has a short time left on the lease, a bridging loan can be used to finance the lease extension.

Some properties are bought at auction for very low prices, often less than £50,000. The usual reason why property is sold cheap is because it is unmortgageable. Many people buy these properties for

People who are struggling to sell their home may be tempted to rent it out for a while. Many mortgages have conditions that disallow renting, which means that homeowners need to

Many people find that they cannot get a mortgage from a high street bank for their dream home. This is not because of their financial situation, but due to the type of house being purchased. A thatched cottage sounds ideal, but

Property auctions are a popular way of purchasing residential and commercial property. If you do not pay cash, paying for the property is different to when buying property using an

A commercial property loan currently takes around 53 days to complete. For many borrowers, this can be too long. It can be especially difficult if the commercial property has been bought at auction when the purchase needs to be completed within 28 days. There are many reasons why lenders can be slow. Valuation reports can...

Developers use bridging finance for a range of reasons when buying or developing property for a profit. Speed Many property deals are