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What will an increase in the bank rate mean for borrowing?

This month, the Bank of England indicated that it may soon raise the interest rate. If this happens, it will affect people or businesses that borrow money. An increase in

How do the new affordability rules work?

New affordability rules come into force on September 30, and apply to landlords who already have four or more mortgaged properties when they apply for a new mortgage.

The new rules do not apply to

How do I apply for a bridging loan?

For anyone wanted to take advantage of the flexible, short-term nature of bridging loans, it will be a relief to find out that the application process is not too complicated. With some guidance and

How does open bridging finance work?

Whereas a closed bridging loan has a fixed repayment date, an open bridging loan does not, and this often leads people to ask questions about how they work and what they might be

Could loophole save couples’ stamp duty charges?

If someone buys a second home, they normally have to pay 3% stamp duty, but a legal loophole may have been found that could save couples paying this. According to an

How does closed bridging finance work?

There are two main types of bridging finance – open and closed. In this article, we’re going to look at how closed bridging finance works. An open bridging loan has no fixed repayment date, but it

Number of buy-to-let mortgages surges

There are now 1,725 different buy-to-let commercial mortgages available from a large number of lenders. This is the highest number since late 2007, almost 10 years ago, when 1,942 buy-to-let mortgage products were available. These figures were announced by the website MoneyFacts in September 2017. At the beginning of 2017, there was a notable fall...

Commercial property market remains resilient

Though there have been many recent challenges, the commercial property market shows signs of being resilient, says an article published at iii.co.uk. Following the Brexit vote, funds that

New affordability changes for portfolio landlords just weeks away

On September 30, new underwriting rules by the Pension Regulations Authority come into force, which introduces stricter affordability tests for portfolio

Tropical hurricanes highlight the need for commercial insurance

The tropical storms that have devastated areas of the Caribbean, Texas, and Florida are affecting the US mortgage commercial mortgage market, a September 2017 FT.com article has suggested. Many of the