Why has the value of the Pound jumped and how does this affect you purchasing property?
The pound has now reached a 7-month high against the dollar and ... Read more...
Originally announced in the 2015 budget, tax relief which landlords receive on finance costs i.e mortgage interest payments, loans, and overdrafts used to finance property or furnishings* etc, on property which they rent out will be restricted to the basic rate of tax, currently at... Read more...
With the uncertainty relating to the property market fuelled by Brexit looming and perpetuated by the announcement of a general election, we are finding more and... Read more...
Many clients are unsure of the meaning and importance of obtaining a mortgage in principle (also known as a decision in principle) from a lender before putting in an offer on a property.
Whilst some agents may put forward your offer without one in place, the majority will not even... Read more...
The New Year is a great time to think about re-mortgaging. Now is the time lenders provide the best rates!
In this article, we explore the various reasons why yacht crew should consider remortgaging their investment properties.
With the U.K. imminently due to
What is the Real Impact of Brexit on the Housing Market, and how can you benefit as a Seafarer?
Brexit has proved to be the original Pandora’s Box.
Unfortunately once the lid was lifted... Read more...
There seems to be a lot of uncertainty surrounding the application process and eligibility of seafarer’s obtaining a mortgage in the UK.
Many clients contact us saying they have tried everywhere but to no avail, or many have got a decision in principles only to then get declined upon... Read more...
The Bank of England’s Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.75%. This is continued good news for borrowers, particularly mortgage holders, who will be relieved not to see their payments increase.
The Bank of England is expected to keep interest... Read more...
At last there is some good news regarding the stability of the UK housing market.
Mortgage lending growth remained steady in the year to June offering indications... Read more...
What is a Special Purpose Vehicle (SPV)?
A SPV (Special Purpose Vehicle) is a type of limited company that is set up for a specific purpose.
The term SPV in the mortgage industry is the term for a limited company specifically set up to buy and rent properties.