Categories
Receivables Finance | What You Need to Know
For businesses looking to smooth cash flow or expand, accounts receivable can present a problem: accounts receivable is the money that is owed to the company by its customers from sales or services already rendered, and delays in its being realised puts pressure on the day-to-day finances of a busin...
Hire Purchase vs PCP | A Complete Comparison
In a nutshell, HP is suitable for those focused on ownership and saving on long-term costs, while PCP is better for those valuing flexibility, lower upfront costs, or easier access to new cars. But, there's a little more to it than that... Let's start with a birds-eye view of the co...
NEWS: Will House Prices Drop in the UK in 2024? [November 2024]
Will house prices go down in the UK? Interest rates have dropped, but worries of rising inflation might be suppressing the market. Written by: Sam Hodgson House prices have risen by 2.9% since September 2023, and the Bank of England base rate has dropped twice. However, following the Autumn B...
How Does Finance on a Car Work? 12 Steps
When you’re looking to finance a car, there’s almost too much to learn - the difference between HP and PCP, the ins and outs of balloon payments, and what really happens if you miss a payment. Wouldn’t it be easier if someone just told you what to do and how to sort it all out? We...
Seafarer UK Mortgages: The Ultimate Guide
Many seafarers can qualify for standard UK mortgage rates if they claim the Seafarers Earnings Deduction (SED) and maintain ties to the UK. Written by: Sam Hodgson However, issues like fluctuating exchange rates, offshore banking, and proving your affordability can complicate the proces...
How to Calculate Business Profit | Essential Guide
How can you calculate business profit? Getting to grips with the data can help you understand what you're excelling at and what you could do to improve. Ever heard the term "you've got to spend money to make money"? You'll need to reinvest capital back into your business to fuel its growth, and pro...
How Much Does it Actually Cost to Employ Someone?
The word “company” means a formed group, and comes from the latin “com”, meaning together and “panis”, which means bread. It is the idea of people coming together to share a meal and is where we also get words like “companionship”. theme-element?412...
RESEARCH: Gardens and Property Prices | What the Data Says
New research reveals surprising patterns in access to gardens across UK cities, with affordability linked to more green space. Research from Clifton Private Finance has analysed data from Rightmove to calculate the percentage of homes for sale with gardens in the UK's citie...
Credit for Businesses | The 13 Best Options Compared
Every business needs money to run, more money to stabilise, and even more money to expand and succeed. While a simplistic model of self-sustainability may work for micro businesses, for enterprises designed to thrive, it's necessary to look to support from the financial service industry. In short, ...
Property Market Update: Major Lenders Pull Deals Amid Uncertainty
In our property market update, we explain how factors like the Autumn Budget and the US election have shaped consumer behaviour and what we can expect from the next 6 months. The UK housing market is facing uncertainty as mortgage rates rise despite recent cuts to the Bank of England’s ...
What is a Bridging Mortgage?
A bridging mortgage, usually referred to as a bridging loan, can help you act like a cash buyer when purchasing property. Written by: Sam Hodgson Bridging mortgages, or bridging loans, are short-term property financing solutions designed to help borrowers quickly secure funds, often wit...
What is Cash Flow in Business? | The Full Guide
Simply put, cash flow is the movement of cash into and out of your business. Cash in represents payments from clients and customers, and cash out is the money you spend on running your business. Written by: Sam Hodgson Cash flow is the lifeblood of any business, determining its ability ...
7 Ways to Get a Business Loan in the UK
When looking at getting a UK business loan, there are many things to consider. With a wide range of products and an even wider range of lenders in the marketplace, it can be the work of ages just to sift through them. Written by: Sam Hodgson There are seven key forms of business f...
Business Vehicle Hire Purchase
When your business needs vehicles but buying them outright isn’t financially viable, business vehicle hire purchase (BHP) offers an established solution. This type of asset finance helps you spread the cost over time, which can ease cash flow and allow you to secure essential vehicles for your...
A Guide To Bridging Loan Interest Rates
Bridging loans interest rates - how do they work and what can you do to keep costs down when using bridging finance to fund a property purchase? Written by: Sam Hodgson Bridging loans can be an excellent way to finance property and are often best suited to circumstances that demand speed and ...
What Happens to My Deposit at the End of PCP?
What Happens to My Deposit at the End of PCP? In a nutshell, you do not get your deposit back at the end of your PCP arrangement - it simply acts as a payment towards the value of your car. Car finance can be filled with complications and confusions - and one of these problems is the use of ...
BoE Reduces Base Rate to 4.75% | What it Means for Your Mortgage
On November 7th, the Bank of England dropped the base rate to 4.75%, the second of two reductions since August. This 0.5% total decrease is our lowest since June 2023. This could mark a turning point in the economy after the Bank of England raised the base rate 14 consecutive times between 2022 - 2...
How To Get A Bridging Loan In Scotland
Acting quickly is essential to closing deals in Scotland's property market, and bridging finance can help - but is it easy to get a bridging loan in Scotland? Written by: Sam Hodgson Whether you're looking to buy Scottish property for commercial or residential purposes, having fast finan...
Can You Add Stamp Duty To Your Mortgage?
What is stamp duty, and is it possible to add it to your mortgage? This guide explains the ins and outs. Written by Sam Hodgson When buying a home, getting caught out by a higher stamp duty tax bill than you expect is the last thing you need. If you can’t afford it, it could mean redu...
NEWS: Are Mortgage Rates Going Down? [November 2024]
The Bank of England base rate has been cut to 4.75%. What's next for our mortgages? Written by: Sam Hodgson The Bank of England has reduced the base rate to 4.75% in an effort to stimulate activity and get inflation back up to 2%. This outcome won’t come as a shock, after a number of an...
NEWS: Autumn Budget 2024 - How it Affects the Property Market
In the 2024 Autumn Budget, the government announced several tax changes to fill a “£22 billion hole” in the UK’s public finances. Written by: Luka Ball Labour’s government, which came to power in July, has raised Employer National Insurance contributions, Capital...
Currency Exchange for Buying UK Property - The Ultimate Guide
When buying a property in the UK as an international buyer, currency exchange is a crucial factor that can significantly influence the total cost of your purchase. Whether you’re buying a home to live in or an investment property, fluctuating exchange rates and hidden fees can add thousands o...
How to Use a Bridging Loan to Buy a House in London
Getting on the property ladder in the capital can be challenging - but did you know you could use a bridging loan to buy a house in London? Written by: Sam Hodgson The London property market is notoriously competitive, so when you find the perfect home, you need to move fast. Bridging l...
A Guide to Tractor Finance
For most farms, tractors are an essential part of daily life. Tractor finance is borne from the need to use specialist agricultural machinery like this, even when access to capital is low. Getting quality agricultural machinery is important to keep your farm or agricultural business running. ...
How Much Does An Expat Mortgage Cost?
The main cost of an expat mortgage is the interest rate. Compared to standard mortgages, they're typically about 1% higher than you're standard UK resident mortgage - but this can vary based on your country of residence, income type and currency source, loan to value and more. Read our f...
Should You Get a Tracker or Fixed Rate Mortgage in 2024?
Further interest rate drops could be on the horizon. We're taking a snapshot of the best rates available on the market today for fixed and tracker mortgage products to see how they compare. Written by: Sam Hodgson Inflation has dropped, and it's likely we will see mortgage rates reduced furth...
What Makes it a Business Loan? The Business Loan Definition
What is the definition of a business loan? The definition of a business loan is money lent to a company which needs to be paid back, usually with interest, over a set period of time. And yet obtaining finance for your business can seem overwhelming - getting the right finance for your busines...
Drawdown Equity Release | What You Should Know
When looking at a lifetime mortgage for equity release on your home, one of the greatest concerns that people have is the interest that will be accrued during the life of the mortgage, and how that will affect the amount they leave for their descendants as part of their inheritance. One option is t...
How Long Does a Mortgage Application Take?
A mortgage application generally takes from two to six weeks in the majority of cases. However, that’s quite a wide window and doesn’t include the many other parts of the process. Here’s an outline of the broader property-buying process, from mortgage application to mov...
Mortgage Renewal vs. Remortgaging | Pros & Cons
Your mortgage may stretch for 25 years or even more before it’s repaid, but there will be several times throughout its lifespan when it needs to be revised and renewed. You have two main options when changing your mortgage: renewal and remortgaging. A mortgage renewal is a new mortgage ...
NEWS: 3 Ways The US Election Could Affect the UK Economy
The US presidential election could have a ripple effect on the UK economy, with very different outcomes depending on whether we see a Trump or Harris victory. Written by: Luka Ball Analysts are closely watching how the outcome of the US election could shape the relationship between the UK and...
11 Sources of Business Finance Compared
Sources of business finance can come in so many different forms that sometimes it’s overwhelming. From secured business loans, through invoice financing and specialist VAT loans, to the research-laden world of government loans and grants, the range of options available is truly staggering. T...
Bridging Loan To Buy A House - Example Of How It Works
Did you know a mortgage isn't the only way to fund a property purchase? You could use a bridging loan to buy a house. Time is of the essence when buying a home. In this guide, we look at the numerous ways bridging loans can be used to buy property. theme-element?4298 How Can You Use a B...
Factoring Companies | Comparing Invoice Factoring Options
Using a factoring company can help you solve one of the biggest problems for businesses in the UK: cash flow. Written by: Sam Hodgson Invoice factoring offers businesses a powerful solution to cash flow problems by providing immediate access to funds tied up in unpaid invoices. By partnering ...
How to Get a Limited Company Buy to Let Mortgage
The unique advantages and considerations of a limited company buy to let mortgage - here's what you might not know Written by: Sam Hodgson Whether you're buying your first investment property, or are an established private landlord, the tax benefits of mortgaging your property ...
Second Charge Mortgages for Buy to Lets
The UK buy-to-let market has undergone significant changes in recent years, with increased regulations and evolving requirements that landlords must meet to remain compliant. One area of growing importance is property energy efficiency. The UK government is pushing for higher Energy Performance Cert...
How To Get A Barrister Mortgage
Securing a barrister mortgage can actually be more challenging than you might expect. As a highly qualified professional with excellent income growth potential, you'd expect getting a good mortgage would be easy. Written by: Sam Hodgson But as a self-employed practitioner with hig...
Buying Property in London as a US Citizen: 9 Things You Need to Know
If you're interested in buying property in London as a US citizen, you're not alone. And if you're wondering how easy it is to get a UK mortgage as a non-UK national, the good news is there are plenty of specialist lenders who will be willing to make you an offer. Written by: Sam Hodgson ...
Getting a Business Loan - 8 Top Tips
Knowing you want a loan for your business is one thing - but how do you go about getting a business loan? At Clifton Private Finance, we have some tips. A business loan is a financial arrangement in which a lender provides funds to a business entity to support its various financial needs...
How to Remortgage Your House (The Right Way)
Whether you're looking for a better mortgage rate or want to release equity from your home, we explain everything you need to know about remortgaging your house. And to speak to an adviser at any point about your situation, please get in touch. theme-element?3825 Table of Content...
Concessionary Mortgages | What You Should Know
We all know that buying a property - especially your first property - can be extremely difficult. While high loan-to-value (LTV) mortgages exist to help first-time buyers, it does often mean accepting a higher mortgage interest rate and you still have to find a sizeable deposit. It is understanda...
SPV Mortgages | Are They Worth It?
Special Purpose Vehicle (SPV) mortgages provide landlords with a powerful alternative to personal buy-to-let mortgages when building a property portfolio, but how do they work and what are their advantages? At Clifton Private Finance we have the answers. To speak to a specialist about arranging yo...
Business Restructuring
Businesses can reach a stage where their current structure is no longer performing and substantial change is needed to continue operating. When looking to create a more effective and profitable business, many CEOs and top management plan a comprehensive program of business restructuring. This invol...
Self Employed Loans with No Proof of Income
For the self employed, sometimes it's hard to prove your income. This is especially relevant when you are looking for larger loans such as business funding or a mortgage. As business and property finance specialists, we've compiled this guide as a run-through of the funding options available ...
Commercial Mortgage Rates
Commercial mortgages are a vital source of finance for British businesses looking to purchase or expand into new premises. But finding a suitable product and navigating commercial mortgage rates can be tricky - here's how we can help. Written by: Sam Hodgson There are some key differences bet...
Supply Chain Finance | Everything You Need to Know
Supply chain finance is gaining traction as a smart solution for businesses looking to strengthen supplier relationships and keep operations running smoothly. Written by: Sam Hodgson This niche financial solution can provide a means to pay your invoices early, mitigate invoice payment delays,...
How to Get a UK Expat Mortgage
How does a UK expat mortgage differ from a standard UK resident mortgage? We cover some of the challenges British expats commonly face when seeking UK property finance and what to expect if you decide to return to Britain. It's true that applying for a UK mortgage as an expat can be more compl...
How Long Should I Fix My Mortgage For?
Understanding how mortgage interest rates and the difference between fixed rate deals and variable rate mortgage can be difficult - there’s a lot to get your head around. Key Takeaways Think about your personal need for stability: Fixed-rate mortgages offer stability in monthly paymen...
Pub Finance | 10 Loan Types Compared
Running a pub is an extremely rewarding business. Many pub landlords enjoy living above the main bar area, combining work and home to create a unique lifestyle of social engagement and profit. At Clifton Private Finance we have specialists experienced in the finer nuances of pub ownership and we&r...
Small Business Loans UK - 5 Things To Know
Statistics published by the UK government at the tail end of 2023 show that out of the 5.6 million private sector businesses in the country, 5.51 million of them are classed as ‘small businesses’, meaning they have less than 50 employees. Given that 95.4% of private sector companies are...
How to Apply for a Business Loan - 9 Steps
At Clifton Private Finance, we work diligently every day to help our clients secure the funding they need to grow their business. One area in particular where even the best business leaders can stumble is with the process of a loan application. In this guide, we take you through the 9 steps t...
Franchise Finance | 3 Best Options Compared
Opening a franchise is a secure way to own a business - and, more importantly, a profitable business. Franchise finance can help with hiring staff, purchasing equipment, and managing cash flow. Written by: Sam Hodgson Statistics published in a 2018 joint report between the Brit...
Asset Based Lending | Everything You Need To Know
For many businesses, asset-based lending is the best solution for capital needs. But what does an asset-based secured loan actually entail? At Clifton Private Finance, we have the answers. Written by: Sam Hodgson What is Asset-Based Lending? Asset-based lending, or asset-based loan...
UK Innovation Grants | The Complete Guide
Innovation grants are a fantastic way for businesses that undertake new scientific or technological developments to get funding. Written by: Sam Hodgson The path to obtaining an innovation grant is not an easy one but the reward is well worth the effort. At Clifton Private Finance, our team ...
Buy to Let Market Seeing Reductions – And it’s Just the Start
The buy-to-let mortgage market is seeing rates fall despite the Bank of England holding its base interest rate at 5%. Lenders are reducing rates to stay competitive - which could benefit property investors. The base rate has been held at 5% for now, but mortgage rates are continuing to drop followi...
Government Start Up Loans | How They Work
One of the questions that many people considering starting a new business ask is: ‘what financial help is there?’ Thankfully, the answer to that is: ‘lots’. In the UK, one of the first places people might like to consider looking is to the government itself, in the form of ...
How to Value a Business
Understanding the worth of your business is a complicated calculation that may not have been considered in some time. When a situation arises where the financial value of your business is needed, it is often necessary to calculate the value from scratch. But how do you go about making a business va...
Can You Have Two Mortgages on One Property
Can You Have Two Mortgages on One Property? Yes, you can have two mortgages on one property - it's known as a second charge mortgage. It's a little more complicated than a yes or no, however, and in this guide, we explain what you really need to know about second charge mortgages, how they co...
Invoice Factoring vs Discounting: Options Compared
Invoice discounting vs factoring is a common debate for businesses small and large looking to raise finance against their unpaid invoices. Invoice finance itself represents a way for your business to weather the storm of invoicing terms - that 30-day or longer period between sending out an invoice ...
SaaS Finance | How To Get SaaS Funding & How It Works
Software as a Service (SaaS) companies have boomed in the last decade, leading to a host of new SaaS finance products that suit their unique needs. Because ultimately, getting the right funding for your business has a lot to do with the nature of your business. theme-element?4057 Finding lend...
Home Reversion Plans | What You Should Know
One of the equity release tools available to homeowners aged 65 and older is the home reversion plan, an arrangement where a portion of the house is sold but you retain the right to live in it until your death. It provides funds now, releasing equity on the house, and there’s no interest ac...
Revolving Credit Facility | The Best Options Compared
A revolving credit facility, sometimes called a “line of credit”, is one of the more powerful tools available to businesses looking to manage their cashflow, but how does it work and what makes it different to the other types of business finance? More importantly - how can you use a revo...
How to Compete Against a Buyer with No Onward Chain
The mortgage process is notoriously slow-moving — we explain how you can compete with cash buyers when you're facing an onward chain. Written by Luka Ball According to research from Zoopla, cash buyers now make up 30% of home sales in the UK. How can you compete if you’re usi...
Commercial Mortgage Deposit | Requirements Explained
Are you a UK business owner looking to purchase a commercial property? One of the first questions you'll need to answer is: how much deposit do you need for a commercial mortgage? As a specialist commercial mortgage broker, we offer tailored solutions with: Market-leading rates, up to 80% LTV (2...
How to Apply for a Mortgage When Retired
Getting a mortgage once you are older can be a more difficult prospect, but it’s not impossible. With a range of mortgage products designed specifically to facilitate property purchase and equity release for older people, obtaining a mortgage once you are over 65 is achievable - provided you ...
HELOC (Home Equity Lines of Credit) | What You Should Know
One of the most powerful finance options available to homeowners in the UK is the HELOC, or Home Equity Line of Credit. A product that releases equity in your home in a flexible and manageable way, HELOCs have been common in the US for decades, but are only recently seeing popularity in the UK, whe...
Mortgages for Older People
Once you reach 55, the landscape for obtaining a mortgage changes considerably, and the closer you are to retirement age (or beyond), the harder it seems to be to get a mortgage. However, with a huge range of specialist products designed specifically for older people, the truth is that the mortgage...
Homeowner Loans | Best Options Compared
When you are looking for personal finance, one question that comes up fairly quickly is ‘are you a homeowner?’ - but why does owning a home make you a better prospect for getting a loan? At Clifton Private Finance, we work constantly to try to find the best loan deal for our customers, ...
Let-to-Buy Mortgage | What You Should Know
If you are looking to rent out your home and buy another property to live in, then a let-to-buy mortgage is the perfect product. Designed to switch your mortgage from a standard residential mortgage to a landlord-appropriate buy-to-let, and allowing you to obtain a residential mortgage for a new pr...
Mortgages for Teachers
Whether you're a newly qualified teacher or a seasoned educator, understanding how to leverage your professional status for a mortgage can potentially qualify you for higher loan amounts. In this comprehensive guide, we'll explore the key aspects of mortgages for teachers in the UK, including: S...
Mortgages for Veterinarians | The Complete Guide
Are you a veterinarian looking to secure a mortgage in the UK? Your career offers unique advantages when it comes to property financing. Whether you're aiming to buy your first home, upgrade to a larger property, or invest in your own veterinary practice, understanding how to leverage your professio...
New Build Mortgages - Everything You Need to Know
When buying a newly built home in the UK, securing the right mortgage is crucial. New build mortgages, designed for properties that have been recently constructed or converted, come with specific features, benefits, and challenges. To navigate this process confidently, you'll need to understand eve...
No Early Repayment Charge Mortgages: How to Get One
Are you looking for a mortgage that won't penalise you for paying it off early? A mortgage with no early repayment charge might be just what you need. We are experts in sourcing mortgage finance on residential and buy to let property transactions in the UK - We provide high quality mortgage solutio...
Interest Rates Below 4%: Autumn Posed for Boosted Buying Activity
We are finally seeing mortgage rates below 4%, the most affordable deals since Spring 2023. In our overview of the latest news, we explore what to expect from the UK housing market in the coming months. Written by: Luka Ball Mortgage rates in the UK have fallen, with the average five-year fix...
How Does Equity Release Work When You Die
Equity release represents a range of arrangements that allow you to leverage your home to obtain funds while still living in it. It includes such products as lifetime mortgages, retirement interest-only (RIO) mortgages, home reversion plans and HELOC (Home Equity Lines of Credit). With each of t...
Are Retirement Interest Only RIO Mortgages a Good Idea
Retirement Interest-Only (or RIO) mortgages provide a way for those in their retirement to purchase new property or use the equity in an existing home for other uses - but are they really a good idea or best to be avoided? At Clifton Private Finance, we dig deep to find out the real story behind RI...
How Do Business Loans Work?
You know that you need capital for your business, you know that you can get a loan to help, and you know that it means having to pay back money over time, but really, how do business loans work? At Clifton Private Finance, we’re here to tell you. How Business Loans Work - The Bas...
What Is Trade Credit & How Does It Work?
Businesses whose primary customers are other businesses (known as business-to-business or B2B companies) typically engage in an arrangement of trade credit. Whether formal or informal, this system allows for work to flow between companies without being stifled by cash flow issues or administrative ...
Startup Funding | The 5 Best Options
Startup funding can be a bottleneck hurdle for an already complicated process - starting a new business. Turning your lofty dreams of business ownership into a reality needs a combination of determination, perseverance and, most importantly, capital. Raising the money needed for yo...
30-Year Mortgages | What You Should Know
In recent years, 30-year mortgages have gained significant traction in the UK housing market, particularly among first-time buyers; offering a lifeline to many aspiring homeowners. At Clifton Private Finance, our specialist mortgage brokers have been at the forefront of this trend, providing expe...
Business Loan Interest Rates - What You Should Know
Almost every business loan comes with interest - it’s one of the key costs to consider when taking out a loan. But it can be difficult to know when you’re getting a good deal on your business loan interest rate. Written by: Sam Hodgson Your interest rate is how much it costs...
Buying a Home at Auction | The Ultimate Guide
Buying a home at auction can be slightly intimidating. With property flippers and seasoned investors looking to pounce on bargain opportunities, it can feel a little daunting for first-time auction-buyers. In this guide, we cover absolutely everything you need to know about buying a home at a...
Invoice Discounting | 7 Advantages And Disadvantages
Invoice discounting is one of the two main types of invoice finance available for companies to leverage their accounts receivable and release funds early, but what exactly does invoice discounting do for you, and is it right for your business? Let’s look in-depth at the pros and cons of ...
Mortgages for Pharmacists: How They Work
Are you a pharmacist looking to secure a mortgage in the UK? Your career offers unique advantages when it comes to property financing. Whether you're aiming to buy your first home, upgrade to a larger property, or invest in your own pharmacy, understanding how to leverage your professional status ...
Bridging Loan vs Mortgage: Which Is the Right Choice for You?
Bridging loans and mortgages are both primarily used for property purchases, but there are scenarios better suited to both types of property loan. The question is, which one would work best for you? Both types of loans are known as “secured loans”. They both require collateral, an ...
NEWS: Top 10 Regions With The Best Rental Yields in the UK
Where are the best places in the UK to invest in property? We explore the best rental yields in the UK for landlords, touching on the current rental landscape in Britain and what makes these areas, in particular, so great to invest in. Written by: Sam Hodgson Despite occasional fluctuations, ...
How to Get a Business Mortgage
Mortgages for businesses are extremely powerful funding tools that can propel your business forward in many ways. Owning your own property is a strong investment that can also keep costs down, improve business cash flow, and bring in an income. Table of Contents Commercial Mortgages for Business...
How To Get A Bridging Loan To Buy, Refurbish And Sell A House
If done correctly, property flipping can provide healthy returns. If you've found a 'fixer-upper,' you could use a bridging loan to refurbish and sell it. Unless you have a significant amount of cash at your disposal, you will likely need to borrow finance to fund the purchase and renovat...
NEWS: Best Place to Invest in Property 2024 Revealed
High rental demand and growing property prices – here's why Bristol has been named the best place to invest in property in the UK. Written by: Luka Ball According to Aldermore’s Buy to Let Tracker, Bristol has been named the Best City for Property Investment in 2024. The decision ...
IT Contractor Mortgages: How They Work
As an IT contractor in the UK, you're part of a thriving and innovative workforce. Your unique employment status offers flexibility and often higher earning potential. However, when it comes to securing a mortgage, traditional lenders may struggle to understand your financial situation. Your inco...
Mortgages for Accountants: How Much Can You Borrow?
As an accountant in the UK, your career offers financial stability and a promising future, making you an attractive candidate for mortgage lenders. Whether you're a trainee, a newly qualified accountant, or a self-employed professional, understanding the mortgage options available to you is crucial ...
How Commercial to Residential Conversions Work | Change of Use
What is a commercial to residential conversion? These construction projects present an exciting opportunity for SMEs and property developers in the UK. For over a decade, the country has not built enough homes to meet the ever-growing demand. This grim reality has had various eff...
How To Get A Multi Million Pound Mortgage
When you think of a multi million pound mortgage, you may think of London, but there's an increased demand for high value properties across the UK as a whole. Whether you're a first time homebuyer or an experienced property investor, getting a mortgage for such a large sum of money can be a dauntin...
Retirement Interest Only Mortgages | Clearly Explained
Obtaining a mortgage later in life can be difficult. As a lender’s primary concern is whether the borrower is in a position to repay the loan, age does become a key factor in decision-making, and being retired makes convincing lenders to approve mortgages very hard indeed. This isn’t j...
How to Use a Bridging Loan to Buy a House Before Selling Your Current Home
In an ideal world, we'd all wait to sell our old house before buying a new home. But in reality, it's not always possible: the market may be slow, a buyer may have dropped out, or you might want to do renovations before moving in. Short-term borrowing allows a financially-aware buyer t...
SME Finance | The Best Funding Options Compared
UK statistics show that over 99% of the business landscape is made up of small and medium-sized enterprises (SMEs), with over 5.5 million SME businesses in the country. It is of no surprise, therefore, that the market for finance products tailored for the needs of SMEs is so well developed. SME fin...
Mortgages for Engineers | How They Work
As an engineer in the UK, your expertise and career trajectory can open doors to specialised mortgage options. Whether you're employed, self-employed, or working as a contractor, understanding how to leverage your professional status for a mortgage is crucial. In this comprehensive guide, we'l...
How to Get an Optometrist Mortgage
Are you an optometrist looking to secure a mortgage in the UK? Your career offers unique advantages when it comes to property financing. Whether you're aiming to buy a home or invest in your own practice, understanding how to leverage your professional status for a mortgage is crucial. Let's expl...
Mortgages for Company Directors: How to Use Company Profit to Get the Size of Loan You Need
If you're looking at what mortgages are available for company directors, it's likely that you may need a mortgage lender to include your company's profits towards your affordability calculations. Written by Sam Hodgson A large portion of high street lenders won't accept your company pro...
How Much Does a Business Loan Cost?
Some business loan costs are clear, such as interest rates, and others are a little more niche. Here at Clifton Private Finance, we like transparency, which means we want our customers to be fully informed of any costs before proceeding with a loan that we advise on. theme-element?4192 Thi...
