Landlords may need to refinance for HMO changes
New regulations that start in October 2018 affect houses of multiple occupancy (HMO). (more…)
New regulations that start in October 2018 affect houses of multiple occupancy (HMO). (more…)
A high number of bridging loan applications have been made in Wales in the first few months of 2018. (more…)
Film producers can benefit from UK film tax credits, but they have to wait a while to receive payments. However, a new bridging product has been launched to provide early access to the tax credit money.
Finstock is an (more…)
The latest Bridging Trends report revealed that 43.7% of bridging loans in the first quarter of 2018 were regulated and 56.3% unregulated. The percentage of regulated bridging loans have increased in this period. If (more…)
Landlords have been faced with extra costs over the last year or so. Stamp duty has been raised, tax relief on buy-to-let mortgage interest payments cut, and older properties have required energy efficiency upgrading (more…)
In the first quarter of 2018, there was a 22% increase in development bridging loans.
Members of the (more…)
If you are purchasing a property that has less than ten years left on the lease, you may be able to buy it at a discount rate, but you may not be able to get a mortgage to (more…)
There is increased demand in the North of England for bridging loans and this has led to a number of Southern bridging lenders wanting a presence in the North through opening regional offices, partnerships or (more…)
A recent survey asked brokers about their views on bridging lending. Nine out of ten of them said that they expected to increases the number of bridging loans they arrange.
Interest rates on bridging loans have dropped significantly over the last few months, but borrowers are still requesting lower rates. Almost half (48%) of brokers would like (more…)
As many mainstream banks restrict property loans, many investors are turning to bridging finance solutions.
As a result of the 2008 financial crisis, the banks have limited their exposure to property lending. European Union regulations have also placed lending limits on (more…)