News

From brokers to banks and everything in between, those who work in the financial sector tend to be pretty savvy with sector-specific jargon. With the general public, it is often an entirely different story. More consumers than ever before are taking an active interest in their finances, but often admit […]

Bottom Line: The bridging sector saw a combined fall in lending of £278 million last year, but evidence suggests the market is bouncing back from the impact of three consecutive lockdowns. Major Findings in Brief: Collective bridging transaction completions were down £278 million last year The average LTV on bridging […]

It remains to be seen whether or not the government decides to extend the stamp duty suspension deadline beyond March 31 next year. In the meantime, short-term loans like bridging finance could help movers and buyers make the most of the temporary stamp duty holiday. COVID-19 has had a major […]

2021 is projected to be a potentially prosperous year for the bridging sector, with activity having already reached record highs despite lockdown restrictions. That is according to Shawbrook Bank’s newly published Bridging Market Bulletin, which indicates the highest volume of bridging applications ever recorded for the third quarter of 2020. […]

Increasingly the UK’s biggest banks are becoming more reluctant to do business with a growing number of applicants. Mortgage underwriting processes are becoming more complex and self-employed applicants are facing excessive scrutiny meaning those unable to access large deposits need not apply. Little wonder, therefore, that so many are taking […]

If you have any equity whatsoever tied up in your home, you may qualify for a secured loan. Even if your equity level is just 5% or 10%, it may still be possible to access a competitive deal. But does this mean that consolidating other debts with a secured loan […]

Comparatively few businesses get by without borrowing money. Ranging from the smallest start-ups to the largest multinational conglomerates, on-hand capital is rarely enough to leverage major growth and development opportunities. Financial products and services for businesses are in no short supply, though in all instances have their own unique pros […]

Adding big money to the value of your home does not have to mean spending big money on big changes. Major structural alterations and extensions are all well and good, though are beyond the realms of possibility for most. Making the most of your home’s potential without going to extremes […]

Most major banks and High Street lenders are unwilling to finance the purchase of uninhabitable properties which is unfortunate given how investors and other home buyers often set their sights on ‘fixer-uppers’. Properties in a poor state of repair often sell for less than their true potential market values so […]

It is often assumed that bridging finance is a facility restricted exclusively to existing homeowners, however bridging loans can also be a surprisingly flexible, accessible and affordable options for first-time buyers. Eligibility for bridging finance is assessed primarily on the borrower’s ability to provide acceptable security for the loan. If […]