A brief guide to commercial mortgage loans
A commercial mortgage is a loan for property that is not your main residence. A typical commercial mortgage loan is for buy-to-let property,
Why might wealthy individuals struggle to obtain a mortgage?
If a person is wealthy, they might presume that a mortgage will be easy to obtain. According to a November 2016 report in
Leeds property market is booming
According to a November 2016 Yorkshire Evening Post article, accountancy firm Hentons says that Leeds has experienced significant property investment activity over the
Annual bridging loans reach £4.4bn
Bridging finance demand has grown in the last few years, and has not slowed down due to the EU referendum result. According to
Is Luton the best place in Britain for buy-to-let investors?
The website Landlord Today claimed in November 2016 that Luton is the best location in Britain for buy-to-let investors because of the high
Majority of mortgage lenders do not support seven-day remortgaging
The Department of Business, Innovation and Skill has called for remortgage applications to be completed within seven days, but many lenders do not
Autumn Statement should have little impact for buy-to-let investors
A Financial Times article from November 2016 claims that measures laid out in Wednesday’s Autumn Statement are not likely to have much effect
Commercial property sale includes cash machines
Two former branches of the National Westminster Bank are being sold in property auctions in South Devon, reported the Express & Star in
What is a commercial mortgage loan?
A commercial mortgage loan is used for property that is not the main residence of the borrower. The most common use of a
Portfolio landlords may have to pay higher mortgage rates
James Pickford, writing in the Financial Times in November 2016, said that new affordability tests could mean that portfolio landlords could face a
Transferring BTL mortgages to a company
Due to new decreases in tax relief on mortgage interest payments, landlords are looking at forming companies and moving ownership of their
Small-to-medium businesses owed over half a trillion pounds
According to a report by Lloyds Bank, reported on in October 2016 by BridgingAndCommercial.co.uk, SMEs are owed £586bn for unpaid invoices. This is
The importance of mortgage protection
For most households, a mortgage is the largest debt they have. It is important that payments are protected if the income of the
Over-55s discuss upside to downsizing
As they reach their older years, many people consider downsize by moving into a smaller house. According to a Times article from October
A guide to buying life insurance
There are three main reasons to take out life insurance: 1. To pay off a large debt, such as a mortgage 2. To
The lowdown on income protection insurance
Income protection insurance is a policy that provides regular money if you are unable to work through an accident of illness. Some policies
PRA issues new underwriting standards for buy-to-let mortgages
The Bank of England Prudential Regulation authority (PRA) issued new underwriting standards for buy-to-let commercial mortgages at the end of September 2016. These
Air BNB – Breach of BTL mortgage conditions
The success of Airbnb has highlighted the demand for short-term lets, but many buy to let mortgage lenders do not allow rental agreements
Mum and dad increasingly becoming landlords
According to a Property118.com article from October 2016, an increasing number of parents are purchasing buy-to-let properties to rent to their children. The
House share market shows buoyancy
Many property investors are investing in the house share market, which is predicted to rise, said PropertyInvestorToday.co.uk in October 2016. Smart Property, a
Most European banks still lending for commercial property
A new report by real estate experts Cushman & Wakefield surveyed 50 European banks and found that most of the respondents (95%) will
Post-Brexit mortgage market remains buoyant, research shows
Immediately following Brexit, there was no shortage of uncertainty in the housing market, but new research has found that the number of buy-to-let
Win a £25 M&S gift voucher!
We’re giving away a £25 M&S gift voucher to one of our followers on Facebook. All you need to do to enter the
Crowdfunding will not replace traditional loans
The trend towards crowd funding could be seen as a threat to traditional financial lenders, but it is not suitable for most businesses
