I know people will tell me off but I want to hear from people who want to build in their gardens, convert their offices into flats. Anyone like that…………get in touch don’t be shy.
Buy to Let, is now available with just rental cover, no income checks required other than to confirm present income covers present outgoings. Maximum loan to value is 80% subject to property valuation and credit score.
Interestingly we have a lender who offers great flexibility in terms of stretching lending, there is a bit of a however, you must take a long term fixed rate with them, for example somebody with clean credit will get a fixed rate of 5.29% fixed until April 2021. People with slightly chequered credit in otherContinue reading “Mortgage Affordability without the stress”
Basically if you are self-employed the request for proof of previous years earnings has been reduced, to sometimes as little as just the last year, company directors and people working on contracts should now find it easier to apply and be accepted for house purchase finance. http://www.rightmove.co.uk Find a property and then get in touchContinue reading “Contractor mortgages”
This is a term that I have not heard in a long time, the idea being that you can repair your credit profile by taking more credit and repaying existing bad credit, this can obviously lead to a debt spiral but it could also be a way of raising fresh money for new projects andContinue reading “Credit Repair”
Can you afford a new home? 1 a) Is your income sufficient to cover the repayments on a mortgage or do you have the cash to buy? 1 b) Is your credit history satisfactory? 2 What is the property like is it in a good state of repair, could you see your-self living in it?Continue reading “Buying a house”
Bridging finance is basically builder finance, or at least that is one way to describe it, fast and flexible, the aim is to get funds in place to allow projects to go ahead, often with limited underwriting i.e not too many questions asked. It’s a good product but needs to be used in the rightContinue reading “Why bridge”
Buy to Let Product offer 3.79% remortgage of an existing property with free valuation and free legals. So lending is back where as some lenders did literally close up in 2008, shut doors closed, except for existing clients, no new business. Then here we are 2014 and it’s like it never happened, you can borrow withContinue reading “Lending is back”
This may be true, 10 years ago a £100,000 pension pot would buy you annual income via an annuity of £16,000 a year. Today with current annuity rates the same £100,000 may purchase you an annuity of £6,000 a year or less, that is a vast difference and the reasons stated by the insurance companyContinue reading “Save our elderly”
SERPS or the state earnings related pension, is having a few rule changes from the 5th Of April this year. Previously when buying your annuity you had to allow for a 50% spouses pension, this will now no longer be the case. You will at retirement now have the option of how you wish toContinue reading “Changes are happening to SERPS.”