Rising Interest Rates – Why Cost is NOT the big issue The biggest problem with rising interest rates is not that it increases the cost of your finance. Let that sink in… The biggest issue with rising interest rates is not that it will increase the cost of your finance but that it changes the
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Property Finance – Why a lower LTV means a higher loan Loan to value ratios, the amount as a percentage of a property value that will lender will lend to you. Some lenders lend 80% of property value, others will lend 70% of a property value sounds simple, but it isn’t ever quite that straightforward.
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Fixed Rate Mortgages – Need To Know Now This is about expiring fixed rates and it matters. The most common period for any fixed rate borrowing (especially commercial mortgages) is five years. The bit that always catches our clients is just how short a period of time five years is, it goes quickly, really quickly.
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Commercial Mortgages – Cash Flow Friendly Business often think of cashflow when it comes to invoicing and looking at what is in the bank, they also look at the terms they get from suppliers and those they offer to clients. The cashflow item they often miss is when borrowing. Take a standard commercial mortgage. It
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How to get lending approved easier Play the man not the ball A sporting analogy that explains why businesses can struggle to raise finance and property developers can find it difficult to secure funding for their next project. What do I mean by play the man not the ball? It is about taking into account
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RLS 3.0 – Recovery Loan Scheme – What Does It Mean? It is due, or should I say, was due to expire on 30th June. The talk at the moment is that this will be extended in what is being branded RLS 3.0, be thankful for small mercies that at least it isn’t another new
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Holiday Lets – How Tax Works Buying a property as a holiday let is a popular investment, but how are holiday let properties taxed? Why are they different to normal buy to let properties? What tax will I pay if I sell my holiday let? All questions I get asked when putting the finance in
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Financing a Holiday Let I hear so many stories that financing a holiday let is difficult, problematic and much more expensive than a standard buy to let mortgage. Myths and misconceptions. Bain of my life as many potential investors back away from buying a property as a holiday let (or short term let) because they
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