Articles
Potential benefits of using a broker
The regulation changes in the mortgage market since 2014 have made all of us adapt our processes; however, in truth, for brokers it has merely honed the values and principles we already held. For some banks and building societies however it has been quite a culture change.
Brexit and the property market 2019
As with all things related to Brexit, there are wildly differing opinions, depending on your view, your depth of knowledge and crucially, what sort of deal – if any – will happen. Thus, any predictions can really only be based on gut feeling.
It is generally thought to be highly unlikely that the housing market will crash, though some high profile politicians have suggested potentially huge value drops in the event of a no-deal scenario. And indeed, in some areas of the country, the uncertainty is already leading to price drops.
2019 and our rate of interest predictions
The current climate means that it is nigh on impossible to be sure of anything at present when it comes to the business world and finances. It is often quoted that the only thing that is certain is uncertainty.
Of course, Brexit is the single biggest contributor to this school of thought. If we end up with a deal at all, what will it look like? And how will it impact us all, if at all?
Retirement Interest Only (RIO) mortgages and the new residential option between normal Interest Only and Equity Release
With people living and working longer, it is inevitable that there will be more elderly homeowners who still have finance secured on their properties.
Limited company buy to let mortgages
During the last few years, there have been many changes to mortgage regulation. There are several regulators, all of which have particularly got their teeth into buy to let mortgages.
Therefore, subsequent Chancellor of the Exchequers have introduced tougher tax legislation on landlords and landladies.
All of this has made having a portfolio of investment properties less attractive and less profitable.
