In July, the number of completed remortgages surged by 20% compared to June, with nearly half of borrowers opting for a five-year fixed rate, according to the latest LMS Monthly Remortgage Snapshot. The report showed that the five-year fixed rate emerged as the top...
BRRRR: A Guide to Property Investment in the UK with Bridging Loans
What is BRRRR? BRRRR, a popular property investing strategy, stands for Buy, Rehab, Rent, Refinance, Repeat. It’s a method that involves purchasing a property, renovating it, renting it out, refinancing the property to extract equity, and then repeating the process...
Buy, Refurbish, Refinance, Rent (BRRR)
The BRRR strategy is a popular property investment method that can generate significant returns. It involves purchasing a property, refurbishing it to increase its value, refinancing to release equity, and then renting it out for a steady income stream. This cyclical...
Green Bridging Loans: A Sustainable Future with Martin Lewis’ Eco-Tips
The world is shifting towards a greener future, and the financial sector is no exception. As we become increasingly conscious of our environmental impact, innovative financial products like green bridging loans are emerging. But what exactly are they, and how can they...
Mortgage Market ‘Robust’ Ahead of Bank of England Interest-Rate Decision
Financial markets have factored in a 60% probability of a mortgage interest rate cut on Thursday, with industry leaders optimistic that lower borrowing costs could stimulate home sales. According to the Bank of England, the UK saw a “broadly stable” number of mortgage...
Where to Get Expert Advice on Bridging Finance
Bridging loans can be a complex financial product, and getting the right advice is crucial. While they can offer a quick solution to financial challenges, it’s essential to understand the risks and costs involved. Here’s where you can seek expert guidance: Financial...
Development Finance Loans vs. Bridging Loans: Which is Right for Your Project?
When embarking on a real estate project, securing the right type of financing is crucial for success. Two popular options for funding property developments are development finance loans and bridging loans. Understanding the differences between these two can help you...
Mortgage Price War Continues as TSB, Santander, and Other Lenders Slash Rates
Experts think cuts could accelerate if inflation statistics this week are lower than projected. Multiple mortgage lenders, including Santander and TSB, are dropping rates again as price cuts continue. Starting today, Santander is lowering fixed rates by up to 0.14...