Several major banks have recently updated their mortgage policies. Martin Lewis’s Money Saving Expert team has highlighted a crucial change for Halifax and Lloyds borrowers. These banks now allow customers to lock in a new mortgage rate only four months before their...
This week, major lenders like NatWest, HSBC, and Barclays have lowered their mortgage rates, with Coventry Building Society and Halifax joining in with similar reductions. Halifax also announced increased borrowing limits for first-time buyers. These rate cuts are...
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...
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...
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...
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...
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...
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...
