Commercial loan delinquency rates at near record lows
According to the Mortgage Bankers Association, delinquency rates for commercial loans were at near record lows in the first quarter of 2018. The
TSB IT problems stopped mortgage applications
Headlines in April revealed that the new TSB IT system had severe problems and prevented many of their customers from paying bills with
How the over 55s can make income from their family home
Many people over 55 years of age are cash poor but asset rich. They may not have a lot in the bank, but
Is buying a home the key to escaping the rat race?
Many people are unsatisfied with their city jobs and long commute to work, and dream of living in the country and running their
Could Open Banking speed up the mortgage application process?
The time it takes from the initial application for a mortgage to the availability of funds can be many weeks, which is partly
Bridging finance market in “good shape”
The latest figures released by the Association of Short Term Lenders (ASTL), showed that the annual value of completed bridging loans is £3.8bn–
More lenders offering fee free buy to let mortgages
According to a report on the website This is Money, 20% of all buy to let mortgages do not charge landlords an arrangement
How much can you borrow with a commercial mortgage?
Commercial mortgages can be used to purchase property either for use as the owner’s own business premises or as an investment. One of
What interest rate is charged on commercial mortgages?
Interest rates on commercial mortgages are not standardised like those on residential mortgages. Rates are assessed for each individual mortgage based on the
Three things borrowers and brokers need from a bridging finance lender
With so many bridging finance lenders competing for business, the ones that are successful will satisfy three conditions that brokers and lenders require.
Buying a new warehouse with a commercial mortgage
Many businesses that grow are faced with needing a much bigger warehouse to store their supplies and products.
What is a good exit strategy for a bridging loan?
When you apply for a bridging loan, the lender will want to see a detailed exit strategy. This is a plan for when
How to use bridging finance to avoid repossession
If you fall behind with your mortgage payments, the bank or building society from which you obtained your mortgage from could repossess your
What are the risks of bridging finance and what can you do about them?
Bridging finance is a flexible way of raising short-term capital, but like all loans, there are risks involved. Borrowers need to be aware
Bristol most consistent region for commercial property
New data released by Radius Data Exchanges shows that Bristol is the most consistent region for commercial property. Consistency is calculated by comparing
A guide to commercial mortgages for complex buy-to-let
Investors purchase what is known as complex buy-to-let property because they can often get better rental yields than for its
Five things to consider to attract tenants for your commercial property
A profitable commercial property business is dependent on finding tenants. Empty properties are costly, with landlords needing to make regular commercial mortgage repayments
Key questions to ask when considering buying your business premises
Many start-up businesses rent their business premises, but as the business expands it can make sense to purchase your own. The building becomes
What to do if your commercial mortgage application is refused
If you have been refused a commercial mortgage application, you may be able to obtain a mortgage from another lender. Before you apply
Equity release can solve EPC compliance costs
New rules mean that landlords are prevented from issuing new leases for commercial buildings that have not achieved at least an Energy Performance
Make your commercial mortgage broker your business partner
There are many sources of finance available to the property investor. A commercial broker can find the best commercial mortgage deals, and your
“Amateur” landlords declining in the face of larger landlords increase
“Amateur” landlords declining in the face of larger landlords increase Two recent reports have highlighted that small landlords are leaving the market, whilst
How bridging finance can be used at property auctions
Property auctions are a popular way of purchasing residential and commercial property. If you do not pay cash, paying for the property is
Four common bridging loan myths
Bridging loans are short-term flexible loans that have several uses for business. They can be used for temporary cash flow issues, purchasing business
