It seems to be many people’s goal in life to retire by having a pension and paying off your mortgage. Then you can kick back and enjoy life with no money troubles, right? Well, maybe not. Paying off your mortgage early might not be your wisest financial strategy. There are the following factors to consider […]
A buyer and his estate agent walk down a fast-becoming residential hotspot which has it’s own hashtag on Twitter, and the area’s X Factor is it’s buzzing high street and trendy hangouts.. The buyer say’s, “Mr Estate Agent, I want to buy that house,” pointing to a beautiful 5 bedroom, 3 bathroom development, “what should […]
Keystone Buy to let Mortgages is one lender that has reduced the fixed interest rates they have available. They also have a range of products up to 80% loan to value for standard BTL properties. Key Criteria: No minimum income requirements – Self-employed/company directors must provide last 2 years’ accounts/SA302’s. Must be a homeowner. No […]
This month I’m going to concentrate on a new area of finance. Without the credit crunch it might not have existed. It’s a second charge loan based on the current value of a Buy to Let Property on single/family lets only. It can be much cheaper than a conventional mortgage but it could also be […]
Property development for larger scale projects is all about having a vision. It’s about understanding the market and turning that vision into a reality, yet often developers and investors have problems getting the finance right especially in this market, knowing what products are available and which lenders to use can be a major issue. Simon […]
Buy to Let Mortgage lending continues to increase with projected lending in 2013 in the region of £20 billion which is a large increase from the £16.4 billion lent in 2012. This shows how much the BTL market has improved since 2009 when the total lend was only in the region of £9 billion. The […]
Background Pre-credit crunch it was very easy to get finance from a bank for the refurbishment of a property that was not mortgageable. They would give you a percentage of the purchase price and also the refurbishment costs. Post crunch this finance disappeared and the void was taken over by bridging finance for light and […]
Property investors spend days, hours, weeks and months finding the next deal – some get lucky and find the next deal relatively quickly. Great. But the second part of the investment equation is: Deal + Finance = Investment You see, without finance the traditional investment equation is incomplete. Many new investors don’t spend much […]
There is only so much George Osborne could have done to make homeowners feel better. Did he succeed? Were homeowners the big winners? With the announcement of the “Help to Buy” scheme, would the problem of buying a home be over? Would this scheme help make it easier to sell? Would it make the slightest […]