Latest Blogs and News

Mortgage

High Earners at Risk of Becoming Mortgage Prisoners

Many high earners, with big mortgage obligations, are finding themselves unable to refinance, as lenders tighten lending criteria following the recent tax increases. Many homeowners who bought during the pandemic when the market was booming, may find themselves trapped and unable to move if they have gone beyond their means to buy the property. With […] →Read more

Reducing Borrowing Costs New Equity Release Rule

Reducing Borrowing Costs with New Equity Release Rule

Homeowners, who have taken advantage of equity release finance, are now able to make additional partial payments without any charges or penalisations, in a bid to reduce borrowing costs. Although this is a feature already offered with some later life lending products, as of the 28th March, the Equity Release Council have announced that it […] →Read more

Property Development

Bridging Loans for Property Development: How Does it Work?

Bridging Loans for Property Development: How Does it Work? Specialist development finance is a popular choice for property developers and construction companies, providing prompt access to significant sums of money for extensive and ambitious projects. However, there are scenarios where a bridging loan for property development could be a better choice. Unlike development finance, bridging […] →Read more

Average UK House Prices Hit New All Time High in February

Average UK House Prices Hit New All-Time High in February

Economic uncertainty has become the norm, as the UK continues to deal with the lingering aftereffects of COVID-19. But while some sectors are struggling to get back to pre-pandemic performance levels, others are breaking records left, right and centre. Once again, average house prices hit a new all-time high in February, exceeding £260,000 for the […] →Read more

Mortgage

How to Reduce your Mortgage Repayments and Save Money

As inflation increases and the cost of living rises, many homeowners are looking for ways to reduce spending. One way this can be done is by cutting the cost of their mortgage. UK households are bracing themselves for the predicted increases in their monthly outgoings due to the increase in inflation and the escalating energy […] →Read more