Bridging loans can provide you with a short-term, fast and straightforward funding solution for your cash-flow requirements. No matter what your situation is, whether you are self-employed or not or even if you are embroiled in IVA’s, CCJ’s or bankruptcy – bridging can be a solution to help you in the short term.
Juggling finances is crucial to the success of any business. Whether you are a supplier of goods or services, chances are you will be invoicing your client when you issue an invoice the likelihood is you will be waiting for the client to pay, and as many businesses do, you may offer terms such as 30 or 60 days from invoice to pay. Read More
Second charge mortgages are loans which are secured against your property, as the name suggests this loan is second to the first charge, which would be likely for a larger amount of borrowing, probably taken out when you purchased the property at the onset.
Historically, when borrowers where turned down for financial support they may have been attracted to the higher risk, higher interest providers for their borrowing needs! Second charge mortgage rates are higher than the traditional rates but a lot lower then some of the ‘back street’ lenders out there. Read More
Development finance is lending used to finance the conversion, heavy refurbishment or construction of a building. This type of lending is generally for short periods that is utilised during the build of the project. Once the project has been built out, the loan is usually repaid through the sale of the property, or refinance. Read More
If you are struggling to pay your mortgage, whether it be because of your income, the additional factors such as family or debt or the loss of your job, the consequences are still going to take its toll on you. Read More
Getting a Mortgage with Bad Credit.
Here at Expert Mortgage Brokers, we take pride in being able to find the best mortgage deals available to any of our clients who have bad credit. Our aim is to make it as easy as possible to get a mortgage. We make sure all recommendations made by our brokers is tailor suited to our applicant’s needs. Read More
Inevitably, there is a lot of uncertainty regarding interest rates in the UK and whether they will rise. A member of the Bank of England’s rate-setting committee has fuelled speculation that interest rates could rise as soon as November 2017 so the current record low rate of 0.25% could quickly increase according to recent macroeconomic forecasts. Read More
A question a mortgage broker gets asked frequently is ‘how much stamp duty will be charged if I buy this property’.
Stamp duty has become quite a big problem for the property buyer. With costs including solicitors, mortgage, broker and estate agent fees, the additional stamp duty charged can often be a cost that is forgotten. It is also a lot more than clients expect it to be. Read More