Buying a House in the UK From Abroad - The 2024 Guide

Buying a House in the UK From Abroad

01-March-2024
01-March-2024 15:02
in International
by Sam Hodgson
Buying a House in the UK From Abroad - The 2024 Guide

There are a lot of myths and misconceptions about buying a house in the UK from abroad. Is it possible? The answer is a resounding YES. You might be a foreign national looking to invest in the UK property market or an expat looking to return to the UK. Either way, it's important to know that there ...

Home Improvement Loans – The 7 Best Options

Home Improvement Loans - The 7 Best Options

01-March-2024
01-March-2024 10:03
in Private clients
by Sam Hodgson
Home Improvement Loans – The 7 Best Options

You’re looking to refurbish your property, but you need funding – here are the seven best home improvement loans for your next project.   The time has come for you to redecorate. Whether you’re a homeowner tired of looking at an old kitchen or a landlord replacing a leak...

How to Get a Skilled Worker Visa Mortgage

How to Get a Skilled Worker Mortgage

29-February-2024
29-February-2024 9:21
in International
by Sam Hodgson
How to Get a Skilled Worker Visa Mortgage

You may be wondering if you can buy a house in the UK on a skilled worker visa - and the answer is a resounding yes! There are some additional challenges, but it is very much possible with the right lender. A Skilled Worker Visa (also known as the Tier 2 visa before Decembe...

Interest Only Vs Repayment Mortgages: Which Is Better?

Interest Only Vs Repayment Mortgage: Which Is Best?

28-February-2024
28-February-2024 14:57
in Mortgage
by Sam Hodgson
Interest Only Vs Repayment Mortgages: Which Is Better?

Making a decision between an interest-only or repayment mortgage is an important financial decision. Here, we look at the key differences between these mortgage products and how a specialist mortgage advisor can help you choose the right mortgage for you and your circumstances. When ...

How to refinance a UK property

How To Refinance a Property in the UK

27-February-2024
27-February-2024 14:38
in Mortgage
by Jennifer Stevenson
How to refinance a UK property

It's common to refinance a property during your mortgage term. Over time, interest rates will fluctuate, and you will build up equity in your property, allowing you to switch to more advantageous products. The average mortgage term is 30 years, but you won't typically be on the same mortgage deal f...

How Do Business Loans Work

How Do Business Loans Work?

26-February-2024
26-February-2024 16:23
in Commercial
by Sam Hodgson
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...

Supply Chain Finance

Supply Chain Finance

23-February-2024
23-February-2024 16:09
in Commercial
by Sam Hodgson
Supply Chain Finance

Managing cashflow is an important aspect for any business, but it is rare that you truly consider your supplier’s cashflow - after all, someone else’s business is their business, right? This approach can be somewhat shortsighted, however. Making an assumption that they’re in a bet...

Franchise Finance

Franchise Finance

23-February-2024
23-February-2024 14:00
in Commercial
by Sam Hodgson
Franchise Finance

Opening a franchise is a secure way to own a business - and more importantly, a profitable business. Statistics published in a 2018 joint report between the British Finance Association (BFA) and NatWest, show that 93% of franchises were considered profitable in 2018. While those figures (the lates...

What Is A Buy To Let Mortgage Stress Test And Will I Pass It?

What Is A Buy To Let Mortgage Stress Test And Will I Pass It?

22-February-2024
22-February-2024 17:10
in Mortgage
by Sam Hodgson
What Is A Buy To Let Mortgage Stress Test And Will I Pass It?

A buy to let stress test is a process that most landlords go through when purchasing a property to rent. But how is it used, and how does it affect your mortgage eligibility? The stress income cover ratio (SICR) is the calculation lenders apply to determine your affordability of a buy to let (BTL) ...

Construction-Mortgages-And-How-To-Get-One

The Beginner's Guide to Construction Loans

22-February-2024
22-February-2024 10:06
in Development
by Admin
Construction-Mortgages-And-How-To-Get-One

Development finance lenders exist to provide construction loans to individuals and companies to make the best return possible over the shortest space of time, at the least possible risk. It's their raison d'être. On the other hand, you have a terrific development opportun...

Asset Based Finance

Asset Based Finance | Everything You Need To Know

21-February-2024
21-February-2024 14:58
in Commercial
by Sam Hodgson
Asset Based Finance

For many businesses, asset-based finance 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. And while you're here, if you want to speak to a specialist about your options - whether that's asset-bas...

Mortgages for doctors - Finance for Medical Professionals

Mortgages for Doctors - Finance for Medical Professionals

16-February-2024
16-February-2024 16:54
in Mortgage
by Jennifer Stevenson
Mortgages for doctors - Finance for Medical Professionals

Mortgages for doctors are not as straightforward as you may not expect. Doctors and medical professionals face particular challenges when applying for a mortgage. But with the help of a specialist broker, there are some highly favourable terms available to you.  We’ll show you how to ma...

4 Reasons to get on the UK property market as an expat

Living In Dubai? 4 Ways to get a UK Expat Mortgage

13-February-2024
13-February-2024 13:38
in International
by Jennifer Stevenson
4 Reasons to get on the UK property market as an expat

If you're a British national looking to get a UK expat mortgage from Dubai, you may be wondering what's available for you.  There are a variety of reasons you may want to purchase a property back home. It might be an investment, or you may be planning on returning to the UK. But you've pr...

Top 10 Rental Yield Hotspots for Landlords

News: UK’s Top Ten Rental Yield Hotspots for Landlords

09-February-2024
09-February-2024 13:12
in News
by Admin
Top 10 Rental Yield Hotspots for Landlords

Where are the best places in the UK to invest in property? We explore the Top 10 Rental Yield Hotspots for landlords, touching on the current rental landscape in Britain and what makes these areas, in particular, so great to invest in. Despite occasional fluctuations, demand for property in the UK ...

How to get a mortgage on a UK property if you live in Australia

How To Get A Mortgage On A UK Property If You Live In Australia

08-February-2024
08-February-2024 11:39
in International
by Jennifer Stevenson
How to get a mortgage on a UK property if you live in Australia

Getting a UK mortgage can be challenging if you live in Australia. Australian residents will face scrutiny when applying for an international mortgage in the UK- but there are ways to make the process smoother. This article explores the options available to you as an Australian resident and th...

Applying for retrospective planning permission guide

Applying for Retrospective Planning Permission: Is it Worth the Risk?

08-February-2024
08-February-2024 9:26
in Development
by Jennifer Stevenson
Applying for retrospective planning permission guide

Retrospective planning permission is a common occurrence in the property development world. You may have made an honest mistake during building works and only realised afterwards you need permission. Or you may have discovered you can’t sell your house unless it matches the land registry recor...

My House Has Gone Up In Value: Can I remortgage?

My House Has Gone Up In Value: Can I remortgage?

05-February-2024
05-February-2024 11:17
in Mortgage
by Sam Hodgson
My House Has Gone Up In Value: Can I remortgage?

One of the most common reasons homeowners choose to remortgage is because the value of their house has increased. If you have more equity in your home than when you first took out your mortgage, you can remortgage to get a better deal with lower rates. Or, you may be able t...

BoE Rates Staying at 5.25% - But Experts Predict First Drop in 2 years

BoE Interest Rates Staying at 5.25% - But Experts Predict First Drop in 2 years

02-February-2024
02-February-2024 17:38
in Mortgage
by Sam Hodgson
BoE Rates Staying at 5.25% - But Experts Predict First Drop in 2 years

The Bank of England has decided to keep its rates at 5.25%, but the Bank of England Governor says they have a handle on inflation.  The Bank of England Governor, Andrew Bailey, has released a statement saying that inflation has been falling steadily over the past few months and is now at appro...

Are mortgage rates going down

NEWS: Are mortgage rates going down? [February 2024]

01-February-2024
01-February-2024 12:14
in News
by Sam Hodgson
Are mortgage rates going down

The Bank of England have held the base rate again at 5.25% in February for at least another 6 weeks, despite speculation of rates going down - but how long will that last? In accordance with Prime Minister Rishi Sunak's pledge to cut inflation in half in 2023, the Bank of England has kept the ...

Invoice discounting vs factoring

Invoice Factoring vs Discounting

30-January-2024
30-January-2024 14:06
in Commercial
by Sam Hodgson
Invoice discounting vs factoring

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 ...

A Guide to Bank Statements When Applying for a Mortgage

A Guide to Bank Statements When Applying for a Mortgage

26-January-2024
26-January-2024 16:32
in Mortgage
by Sam Hodgson
A Guide to Bank Statements When Applying for a Mortgage

Whether you’re applying for a first time buyer mortgage, a buy to let mortgage, a development loan or any other type of property finance, you’ll need to provide your recent bank statements to your mortgage lender. In this guide, we look at why mortgage lenders ask for your bank sta...

Innovation Grants

Guide to Innovation Grants

26-January-2024
26-January-2024 14:26
in Commercial
by Sam Hodgson
Innovation Grants

Innovation grants are a fantastic way for businesses that undertake new scientific or technological developments to get funding. 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 are dedicated to helping your ...

5 Ways to get into UK property development for the first time

5 Ways To Get Into UK Property Development For The First Time

25-January-2024
25-January-2024 17:28
in Development
by Jennifer Stevenson
5 Ways to get into UK property development for the first time

When you apply for development finance, lenders will typically put a lot of weight on the success of your past projects, making it notoriously tricky to get into UK property development for the first time. You’re ready to join the 2.5 million property investors in the UK and start building yo...

9 Best Places to Live in the UK for Expats and Foreign Nationals

The 9 Best Places to Live in the UK if You're an Expat | 2024

25-January-2024
25-January-2024 11:48
in International
by Sam Hodgson
9 Best Places to Live in the UK for Expats and Foreign Nationals

Moving to the UK? We've put together a list of the best places to live in the UK if you're an expat or foreign national, rated for affordability, lifestyle, work opportunities and overall happiness.  Moving to a new country is a monumental decision that opens the door to fresh experiences, dif...

Are bridging loans a good idea

Are Bridging Loans a Good Idea?

25-January-2024
25-January-2024 11:06
in Bridging
by Sam Hodgson
Are bridging loans a good idea

Bridging finance has become a popular funding solution in the last decade, but are bridging loans a good idea? A bridging loan can be a good idea depending on what kind of property finance you need, for how long, and whether you have a solid exit strategy in place. In this guide, we explain what b...

Trade Credit

What Is Trade Credit & How Does It Work?

24-January-2024
24-January-2024 16:56
in Commercial
by Sam Hodgson
Trade Credit

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

Startup Funding | The 5 Best Options

24-January-2024
24-January-2024 13:41
in Commercial
by Sam Hodgson
Startup Funding

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...

Invoice discounting advantages and disadvantages

Invoice Discounting | 7 Advantages And Disadvantages

24-January-2024
24-January-2024 13:24
in Commercial
by Sam Hodgson
Invoice discounting 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 in...

Factoring Companies

Factoring Companies | Comparing Invoice Factoring Options

24-January-2024
24-January-2024 13:20
in Commercial
by Sam Hodgson
Factoring Companies

Factoring companies can help you solve one of the biggest problems for businesses in the UK: cash flow. When cash flow is good and there's a comfortable positive bank balance, it's possible to invest in the future and grow the company. If a business struggles with cash flow, however, it can feel ch...

Remortgaging As A UK Expat

Remortgaging as a UK Expat - The Comprehensive Guide

23-January-2024
23-January-2024 17:22
in International
by Sam Hodgson
Remortgaging As A UK Expat

If you're living overseas, remortgaging as a UK expat isn't as complex as you might think. But remortgaging with a high street lender may not be the most cost-efficient route to take. There are many reasons you may want to remortgage your property while living overseas.  Some of these include...

A Guide to the Most Expensive Streets in the UK

NEWS: A Guide to the Most Expensive Streets in the UK

22-January-2024
22-January-2024 10:33
in News
by Sam Hodgson
A Guide to the Most Expensive Streets in the UK

Are you dreaming of living on one of the most expensive streets in the UK? Or perhaps you're just curious about what makes a truly prime property location? In this post, we take a tour of the streets with the highest average property prices in each area of the UK, according to recent data...

100% LTV Bridging Loan

100% Bridging Loan | How it Works

19-January-2024
19-January-2024 15:42
in Bridging
by Sam Hodgson
100% LTV Bridging Loan

If you're looking for a bridging loan to cover the total amount of a property's value – you'll need a 100% bridging loan, or 100% LTV (Loan-To-Value) bridging loan.  This means you don't need to put down any deposit for your bridging loan, and can borrow the full value of the property yo...

Get a Bridging Loan to Buy and Renovate a Property to Sell

Get a Bridging Loan to Buy and Renovate a Property to Sell

19-January-2024
19-January-2024 12:05
in Bridging
by Jennifer Stevenson
Get a Bridging Loan to Buy and Renovate a Property to Sell

Thinking of buying a property to renovate and sell? House flipping can be lucrative, but funding these projects can be an issue. Bridging loans can offer a fast and flexible solution.  If you’ve found a property that offers scope for you to refurbish and sell at a profit but don't have y...

How To Finance A Barn Conversion Using A Bridging Loan

How to Finance a Barn Conversion Using a Bridging Loan

17-January-2024
17-January-2024 12:11
in Bridging
by Jennifer Stevenson
How To Finance A Barn Conversion Using A Bridging Loan

Barn conversions have been a popular way to create stunning rural homes full of character for many years, but as with any conversion of a non-residential building, funding can be an issue. You may not be able to get a mortgage for these builds, but a bridging loan could finance your barn conversion ...

How to use a bridging loan to buy a house in London

How to Use a Bridging Loan to Buy a House in London

15-January-2024
15-January-2024 14:11
in Bridging
by Jennifer Stevenson
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? The London property market is notoriously competitive, so when you find the perfect home, you need to move fast - this is where bridging finance comes in....

Changes to RD tax credits Autumn budget

Changes to R&D Tax Credits In The 2023 Autumn Budget

12-January-2024
12-January-2024 13:00
in Commercial
by Sam Hodgson
Changes to RD tax credits Autumn budget

If you run an innovative business, you'll likely have come across the UK government's Research and Development (R&D) Tax Credits scheme. This programme has been providing valuable support to companies undertaking important R&D work for over 20 years now. However, we’ve noticed a lack ...

How To Get A Bridging Loan To Buy, Refurbish And Sell A House

How To Get A Bridging Loan To Buy, Refurbish And Sell A House

09-January-2024
09-January-2024 17:41
in Bridging
by Jennifer Stevenson
How To Get A Bridging Loan To Buy, Refurbish And Sell A House

Property flipping can provide healthy returns if done correctly. 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 ren...

Unlocking opportunities with 100% development finance

Unlocking Opportunities with 100% Development Finance

05-January-2024
05-January-2024 16:20
in Development
by Sam Hodgson
Unlocking opportunities with 100% development finance

100% development finance can play a pivotal role in bringing ambitious property projects to life. It can provide the necessary capital for developers to acquire land and finance construction.   Is it possible to find a lender willing to finance 100% development costs?  Yes, but only if y...

How to get a bridging loan in Scotland

How To Get A Bridging Loan In Scotland

05-January-2024
05-January-2024 11:57
in Bridging
by Jennifer Stevenson
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? Whether you're looking to buy Scottish property for commercial or residential purposes, having fast finance in place will save you from...

Day Rate Mortgage

Day Rate Mortgage - How to Borrow at Your Daily Rate

05-January-2024
05-January-2024 10:02
in Mortgage
by Sam Hodgson
Day Rate Mortgage

As a contractor or freelancer in the UK, your income situation can make getting a mortgage more difficult than if you were a permanent employee. This is especially true if you are compensated on a day rate basis. While your daily or hourly contract rate may be high, limited company complexities mea...

Bridging Loan to Pay Inheritance Tax

Can I Get A Bridging Loan To Pay Inheritance Tax?

04-January-2024
04-January-2024 16:41
in Bridging
by Jennifer Stevenson
Bridging Loan to Pay Inheritance Tax

Yes - it's common to use bridging finance to pay inheritance tax before it is due. In fact, using short-term finance can be a convenient means to handle some of the administrative issues that make managing probate so difficult. One of the common issues that can arise during this process is that the...

How Much Does A Bridging Loan Cost?

How much does a bridging loan cost?

04-January-2024
04-January-2024 11:30
in Bridging
by Jennifer Stevenson
How Much Does A Bridging Loan Cost?

Bridging loans typically cost 1-2% of your loan size, charged as an arrangement fee by your lender.  You also usually pay: A monthly interest rate Valuation or survey fees Legal fees Broker fees Other admin fees, such as drawdown and redemption fees This might seem like a l...

Understanding business loan interest rates

Understanding Business Loan Interest Rates

03-January-2024
03-January-2024 16:56
in Commercial
by Sam Hodgson
Understanding business loan interest rates

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.  Your interest rate is how much it costs to borrow from a lender. Your...

Should I approach an expat mortgage broker

Should I Use An Expat Mortgage Broker Or Go Directly To A Lender?

29-December-2023
29-December-2023 14:28
in International
by Sam Hodgson
Should I approach an expat mortgage broker

If you’re an expat looking to purchase or remortgage a property in the UK, a common question is whether it’s best to secure your expat mortgage directly through a lender or approach an expat mortgage broker. Although you’ll ultimately have to speak to a specialist expat lender reg...

Research Reveals Insights into UK Mortgage and Property Market

NEWS: Research Reveals Insights into UK Mortgage and Property Market in 2024

28-December-2023
28-December-2023 16:03
in News
by Sam Hodgson
Research Reveals Insights into UK Mortgage and Property Market

Our recent survey results provide insight into public perceptions regarding interest rates, mortgage repayments, house prices, and the housing crisis debate in the UK in 2024.  About Clifton Private Finance: Clifton Private Finance specialises in mortgage brokering and property finance, o...

Development exit finance

How to get development exit finance as your building project nears completion

20-December-2023
20-December-2023 12:11
in Development
by Jennifer Stevenson
Development exit finance

When a property development project is coming towards the end of its agreed term of finance, unexpected delays in finishing the build or finalising sales can have a major impact on the cost of your finances and the profitability of your development. Development exit finance wins on three counts...

How to use a Bridging Loan to Buy a House Before Selling Your Current Home

How to use a bridging loan to buy a house before selling your current home

20-December-2023
20-December-2023 12:02
in Bridging
by Jennifer Stevenson
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...

How to Get a UK Mortgage When Living Abroad

How To Get A UK Mortgage When Living And Working Abroad

20-December-2023
20-December-2023 9:53
in International
by Jennifer Stevenson
How to Get a UK Mortgage When Living Abroad

It's certainly possible to get a UK mortgage while living abroad, but applying for a UK mortgage as an expat can be difficult because being based overseas makes it that bit harder for lenders to establish your earnings and check your credit history. You may find that you need to give your credit sc...

How to get a uk expat mortgage

How to get a UK expat mortgage

19-December-2023
19-December-2023 18:20
in International
by Jennifer Stevenson
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 to get a UK Mortgage with a foreign income

How To Get A UK Mortgage With A Foreign Income

19-December-2023
19-December-2023 18:19
in International
by Jennifer Stevenson
How to get a UK Mortgage with a foreign income

Whether you're working abroad with aims to return to the UK, or you're a British resident earning in a non-sterling currency, getting a UK mortgage with a foreign income can come with its challenges. Many high street banks will shy away from borrowers on a foreign income. Still, whether you're...

Bridging Loan Interest Rates

A Guide To Bridging Loan Interest Rates

18-December-2023
18-December-2023 9:15
in Bridging
by Sam Hodgson
Bridging Loan Interest Rates

Many understand the interest rates associated with traditional mortgages – yet, bridging loan interest rates and how they work can vary significantly. Short term property finance, namely bridge loans, are an excellent way to finance property and are often best suited to circumstances that dem...

Business Loans For Limited Companies

Business Loans For Limited Companies

15-December-2023
15-December-2023 21:57
in Commercial
by Sam Hodgson
Business Loans For Limited Companies

If you're the director of a limited company, you may need access to a loan to boost the growth of your business or support your cash flow when times are tough. Limited company loans are a specialist type of business finance available to help limited companies. As a limited compa...

What Are DSCR Loans and How Do They Work?

What Are DSCR Loans and How Do They Work?

14-December-2023
14-December-2023 17:41
in Commercial
by Sam Hodgson
What Are DSCR Loans and How Do They Work?

DSCR loans are becoming increasingly popular in today's market. Instead of using your credit history, your eligibility for a DSCR loan is calculated using the projected income of the assets you'll be purchasing with the loan. Lenders and investors constantly seek to mitigate risk. For this reason, ...

A Guide to Agricultural and Tractor Finance

A Guide to Tractor Finance

13-December-2023
13-December-2023 16:40
in Commercial
by Sam Hodgson
A Guide to Agricultural and 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 to get an Airbnb mortgage

Getting An Airbnb Mortgage: Everything You Need to Know

12-December-2023
12-December-2023 15:40
in Mortgage
by Jennifer Stevenson
How to get an Airbnb mortgage

Since Airbnb first gained traction in the UK in 2015, it has become an increasingly lucrative way to rent property. But while the returns for this type of rental are high, securing an Airbnb mortgage isn't as straightforward as you might think.  The Airbnb market is continuing to grow througho...

HMO Mortgages - How To Finance An HMO Property

HMO Mortgages – How To Finance An HMO Property

12-December-2023
12-December-2023 11:28
in Mortgage
by Jennifer Stevenson
HMO Mortgages - How To Finance An HMO Property

HMOs are still proving to be a lucrative investment today, but if you're looking to secure finance, expect different lending options for an HMO mortgage. The ROI returns can be impressive, but only a few specialised intermediary-only lenders will fund a foray into the multi-let market. If you've p...

7 Ways to Get a Business Loan in the UK

7 Ways to Get a Business Loan in the UK

08-December-2023
08-December-2023 16:27
in Commercial
by Sam Hodgson
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.  At Clifton Private Finance, we have a team of experts ready to help you fin...

No Deposit Mortgage

NEWS: No Deposit Mortgage Now Available – Is It Worth It?

08-December-2023
08-December-2023 11:39
in Mortgage
by Sam Hodgson
No Deposit Mortgage

A major lender has launched a no deposit mortgage that lets first-time buyers get a 100% LTV mortgage (loan to value). The minimum deposit is usually 5% for first-time buyers. So, what makes this mortgage different? Is there a catch? And what will the interest rate be? // Here’s wha...

Can I get a mortgage for 5 or 6 times my salary

Can I Get A Mortgage For 5 Or 6 Times My Salary?

08-December-2023
08-December-2023 11:38
in Mortgage
by Jennifer Stevenson
Can I get a mortgage for 5 or 6 times my salary

There ARE "5x, 5.5x and even 6x" salary mortgages out there, offering maximum borrowings on your earnings. How can you get your hands on one of them? It’s not just hard-pressed first-time buyers who need to maximise their salaries' borrowing potential to get a toe-hold on the property ladder....

Should You Get a Tracker or Fixed Rate Mortgage in 2023?

Should You Get a Tracker or Fixed Rate Mortgage in 2024?

01-December-2023
01-December-2023 16:51
in Mortgage
by Sam Hodgson
Should You Get a Tracker or Fixed Rate Mortgage in 2023?

The Bank of England has announced that it's keeping base rate at 5.25%. We're taking a snapshot of the best rates available on the market today for fixed and tracker mortgage products and see how they compare. With higher interest rates driving up costs, many are asking what this means for our mort...

Will house prices drop in the UK in 2024

NEWS: Will house prices drop in the UK in 2024?

01-December-2023
01-December-2023 15:08
in News
by Sam Hodgson
Will house prices drop in the UK in 2024

The average home price has dropped by over 3% since October 2022, with experts predicting further reductions in 2024.  House prices were rising until October 2022 and then followed a series of monthly drops in the property market throughout 2023, according to Nationwide's house price inde...

How To Get A Bridging Loan With Bad Credit

Yes - You Can Get A Bridging Loan With Bad Credit

30-November-2023
30-November-2023 15:23
in Bridging
by Sam Hodgson
How To Get A Bridging Loan With Bad Credit

Can bad credit affect your ability to get a bridging loan? Find out why it's still possible to get short term bridge finance, how it could even help improve your credit rating in the future, and our quick guide to securing the funds you need. Many people believe they will get rejected for...

best places to buy in wales

NEWS: Top 3 Postcodes for Buy-To-Let in Wales

29-November-2023
29-November-2023 17:05
in News
by Admin
best places to buy in wales

The Welsh housing market is leading the way in growth of housing prices, and this demand is spilling into the rental market. As of August 2023, house prices in Wales had fallen just 0.1% year on year, which compares to a massive 1.4% drop for London comparatively. Source: Govern...

What Stamp Duty do I Need to Pay and can my Mortgage be Used to Cover it

What Stamp Duty Do I Need To Pay and Can My Mortgage Be Used To Cover it?

29-November-2023
29-November-2023 16:09
in Mortgage
by Sam Hodgson
What Stamp Duty do I Need to Pay and can my Mortgage be Used to Cover it

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 reducing the deposit you can put down or needing a larger loan, which can reset your lender’s mortgage calculators and leave you with ...

Personal Portfolio Bond Tax for Expats Returning to UK

Personal Portfolio Bond Tax for Expats Returning to UK

17-November-2023
17-November-2023 14:36
in International
by Sam Hodgson
Personal Portfolio Bond Tax for Expats Returning to UK

If you’re a British expat retuning to the UK, it’s likely that you’ve invested in a Personal Portfolio Bond (PPB) that’s capable of holding structured notes or direct shares – especially if you’ve received financial advice while overseas. PPBs and offshore bonds ...

Your business credit score: What it is & how to build it

Your Business Credit Score: What it is & How to Build it

15-November-2023
15-November-2023 16:29
in Private clients
by Sam Hodgson
Your business credit score: What it is & how to build it

Your business credit score plays a pivotal role in securing external funding - whether it’s a well-planned expansion loan to move the company to the next level or a burst of invoice financing to see you through a dry patch.  No matter what size loan you're seeking to help grow your compa...

Bridging Loan for Property Development

Bridging Loans For Property Development | How It Works

07-November-2023
07-November-2023 13:39
in Bridging
by Sam Hodgson
Bridging Loan for Property Development

Bridging loans for property development can get development projects underway fast – but both experienced and first-time developers don’t always fully understand the range of options available. Property development bridging loans are typically only accessible from private or specialist ...

SaaS Finance

SaaS Finance | How To Get SaaS Funding & How It Works

01-November-2023
01-November-2023 16:23
in Commercial
by Sam Hodgson
SaaS Finance

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. Finding lenders or investors that un...

NEWS: First Time Buyer Mortgage at 5.5 Times Salary Now Available

NEWS: First Time Buyer Mortgage at 5.5 Times Salary Now Available

18-October-2023
18-October-2023 15:34
in News
by Sam Hodgson
NEWS: First Time Buyer Mortgage at 5.5 Times Salary Now Available

A major high street bank is now offering 5.5 times salary mortgages for first time buyers. Typically, the largest mortgage you can reach as a first-time buyer is capped at 4.5 times your income for most lenders. But with house prices at record highs across the UK, first-time buyers need to stretch...

How to get a multi million pound mortgage

How To Get A Multi Million Pound Mortgage

18-October-2023
18-October-2023 9:35
in Mortgage
by Jennifer Stevenson
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...

Commercial Mortgage Rates

Commercial Mortgage Rates

10-October-2023
10-October-2023 9:56
in Commercial
by Sam Hodgson
Commercial Mortgage Rates

Commercial mortgages are a vital source of finance for British businesses looking to purchase or expand into new premises. With the right mortgage deal, and favourable commercial mortgage rates, companies can fund growth and secure ideal commercial spaces. However, there are some key differences t...

Buying Property in the US as a UK Citizen

Buying Property in the US as a UK Citizen

06-October-2023
06-October-2023 16:02
in International
by Sam Hodgson
Buying Property in the US as a UK Citizen

Dreaming of owning a piece of the American real estate? For UK citizens, investing in the US real estate market is an exciting but intricate endeavour. Nevertheless, with the right knowledge, buying property in the US as a UK citizen can be a seamless experience.  This guide will equip you wit...

Mortgages for Limited Company Directors - How to use Company Profit to Get the Size of Loan You Need

Mortgages for Company Directors: How to Use Company Profit to Get the Size of Loan You Need

06-October-2023
06-October-2023 9:34
in Mortgage
by Jennifer Stevenson
Mortgages for Limited 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.  A large portion of high street lenders won't accept your company profits as proof of income - but...

Bridging Loan Award Winners

Clifton Private Finance Retains Regulated Bridging Broker of the Year

03-October-2023
03-October-2023 14:38
in News
by Sam Hodgson
Bridging Loan Award Winners

We are delighted to announce our consecutive win as the Regulated Bridging Broker of the Year at the esteemed B&C Awards 2023. Held at The Hurlingham Club in Fulham amidst the lively ambience of a Rio De Janeiro Carnival theme, the award follows the company’s remarkable success in earning...

Understanding Short Lease Mortgages - The Complete Guide

Understanding Short Lease Mortgages - The Complete Guide

02-October-2023
02-October-2023 17:06
in Mortgage
by Sam Hodgson
Understanding Short Lease Mortgages - The Complete Guide

If you're looking to buy or remortgage a property with a short lease remaining, you likely have questions about eligibility and process. You’ll want to know exactly how short lease mortgages work, what lease extensions are, and what the potential risks and concerns a short lease mortgage may b...

Converting a Pub to Residential Use - How it works

Converting a Pub to Residential Use - How it Works

29-September-2023
29-September-2023 15:38
in Development
by Sam Hodgson
Converting a Pub to Residential Use - How it works

As affordable housing becomes harder to come by, investors are getting creative. One option that has grown in popularity is converting a pub into a residential space.  Pubs across the UK are struggling and closing at an alarming rate, with two disappearing every day according to recent statist...

Business Loan Definition

What Makes it a Business Loan? The Business Loan Definition

29-September-2023
29-September-2023 15:03
in Commercial
by Sam Hodgson
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...

How to Get a Limited Company Buy to Let Mortgage

How to Get a Limited Company Buy to Let Mortgage

29-September-2023
29-September-2023 14:40
in Mortgage
by Sam Hodgson
How to Get a Limited Company Buy to Let Mortgage

Is it better to buy a buy to let property through a limited company or special purchase vehicle (SPV)?  Whether you're buying your first investment property, or are an established private landlord, the tax benefits of mortgaging your property through a limited company can be sig...

How to remortgage a buy to let property

How To remortgage A Buy To Let Property

29-September-2023
29-September-2023 14:36
in Mortgage
by Sam Hodgson
How to remortgage a buy to let property

You may be considering if the time is right to remortgage your buy to let property. You could find a better deal or release some equity for further property investment.  Here we explore why you might want to remortgage a buy-to-let property (BTL), what considerations you need to make,...

Expat buy to let mortgages in the UK

How To Get A UK Expat Buy To Let Mortgage

29-September-2023
29-September-2023 14:22
in International
by Jennifer Stevenson
Expat buy to let mortgages in the UK

Getting an expat buy to let mortgage can be trickier than if you live in the UK - but it can be done.  If you're a UK national living in another country, you may be trying to figure out how to finance a property back home. Perhaps you're looking to keep a house y...

How Can I Switch to a Buy to Let Mortgage?

How to Switch to a Buy to Let Mortgage

29-September-2023
29-September-2023 14:12
in Mortgage
by Sam Hodgson
How Can I Switch to a Buy to Let Mortgage?

Switching from a residential to a buy to let mortgage can be a daunting process, especially if you’re unsure if you’ll pay any early repayment charges or mortgage set-up fees. But if it can unlock the rental potential of your current residential property and help fund your ambitions to ...

Commercial to Residential Conversions - The Full Guide

How Commercial to Residential Conversions Work | Change of Use

27-September-2023
27-September-2023 17:22
in Development
by Sam Hodgson
Commercial to Residential Conversions - The Full Guide

Commercial to residential property conversions 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 various ramifications—from skyrocketin...

Business Loan Eligibility – 9 Things to Know

Business Loan Eligibility – 9 Things to Know

26-September-2023
26-September-2023 15:03
in Commercial
by Sam Hodgson
Business Loan Eligibility – 9 Things to Know

A business loan may be the best next step for your business, helping you expand the company and start a new chapter. But what do you need to have in place to show lenders that your business is able to pay back that loan? In this short guide, we take a look at business loan eligibility and offer advi...

Heavy Refurb Finance with Drawdown Facility

New Product Launch: Heavy Refurb Finance with Drawdown Facility

21-September-2023
21-September-2023 14:00
in Development
by Sam Hodgson
Heavy Refurb Finance with Drawdown Facility

A heavy refurb loan with a drawdown facility, providing ultimate flexibility on conversion projects is now available. Typically, refurbishment loans are disbursed in one tranche, meaning you pay interest on your entire loan for the full duration of your term. But if you only need, say, £50,0...

US Citizens Buying London Real Estate: 9 Things You Need To Know

US Citizens Buying London Real Estate: 9 Things You Need to Know

21-September-2023
21-September-2023 13:04
in International
by Jennifer Stevenson
US Citizens Buying London Real Estate: 9 Things You Need To Know

If you're a US citizen looking to invest in London property, you're certainly 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. The UK property market i...

8 Alternatives to Bridging Loans

8 Alternatives to Bridging Loans

21-September-2023
21-September-2023 10:56
in Bridging
by Sam Hodgson
8 Alternatives to Bridging Loans

Alternatives to bridging loans are worth looking into if you don’t only need a short-term property loan to fill a gap in funding.   There may be a range of options out there, depending on your specific circumstances and the reason you are seeking funding.   Bridging loans...

How to Get Finance to Buy an Uninhabitable House

How to Get Finance to Buy an Uninhabitable Property

19-September-2023
19-September-2023 16:55
in Bridging
by Jennifer Stevenson
How to Get Finance to Buy an Uninhabitable House

It’s the bargain of the century - a wreck which could be your dream home. Or it’s a profitable "doer-upper" which you could renovate-and-rent-out, or fix-and-sell. But before you start looking for finance to buy an uninhabitable property, there are a few things you should ...

How to Secure a Mortgage for a Property Without a Kitchen

How to Secure a Mortgage for a Property Without a Kitchen

15-September-2023
15-September-2023 14:31
in Mortgage
by Sam Hodgson
How to Secure a Mortgage for a Property Without a Kitchen

If you’re considering getting a mortgage for a property without a kitchen, it’s important to know that this does present some challenges. However, it is possible with the right approach.  There are several reasons you may want to buy a property without a kitchen, for...

How to Get a Mortgage for a Property with Two Kitchens

How to Get a Mortgage for a Property with Two Kitchens

13-September-2023
13-September-2023 12:31
in Mortgage
by Sam Hodgson
How to Get a Mortgage for a Property with Two Kitchens

Are you considering purchasing a property with two kitchens? While having two kitchens can be a fantastic feature, it can also raise questions when it comes to securing a mortgage.   In this guide, we'll explore the ins and outs of getting a mortgage for a property with two kitchens, including...

London airspace development finance - how to secure finance

London Airspace Development - How to Secure Finance

12-September-2023
12-September-2023 9:29
in Development
by Sam Hodgson
London airspace development finance - how to secure finance

Struggling with severe land shortages and underutilised vertical spaces, London’s Airspace Development landscape is growing rapidly. The ability to build upwards presents lucrative prospects for developers who aren’t afraid of a complex project.  As the UK housing market strug...

Airspace Development Loans: A Comprehensive Guide

Airspace Development Loans: The Comprehensive Guide

07-September-2023
07-September-2023 16:09
in Development
by Sam Hodgson
Airspace Development Loans: A Comprehensive Guide

Airspace development loans are on the rise in the UK property market, offering a novel solution for housing shortages by creating new dwellings above existing structures.   Recent shifts in planning regulations, such as expanded permitted development rights, have unlocked prospects for de...

Complex Income - How to Secure a Mortgage

Complex Income - How to Secure a Mortgage

06-September-2023
06-September-2023 16:44
in Mortgage
by Sam Hodgson
Complex Income - How to Secure a Mortgage

If you're earning a mixture of salary, dividends, bonus, rental, or other forms of income, you could struggle to reach your full borrowing potential when it comes to getting a complex income mortgage. Many high street lenders will just take your largest source of income and exclusively use tha...

Business Finance - The 11 Best Options

11 Sources of Business Finance Compared

05-September-2023
05-September-2023 16:32
in Commercial
by Sam Hodgson
Business Finance - The 11 Best Options

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...

Guide To Offset Mortgages

A Guide To Offset Mortgages: Are They Still A Good Idea?

30-August-2023
30-August-2023 17:25
in Mortgage
by Sam Hodgson
Guide To Offset Mortgages

With consecutive mortgage rate hikes in the UK, many homeowners are faced with huge hikes in their monthly repayments. If you are thinking of remortgaging and have savings in the bank, it may make sense to consider an offset mortgage - a lesser-known product that could help you save money on yo...

Buy to Let EPC Loans for Landlords

Buy to let EPC loans for Landlords

22-August-2023
22-August-2023 15:12
in Bridging
by Sam Hodgson
Buy to Let EPC Loans for Landlords

The EPC regulations for rental properties are changing from 2025. If you’re a landlord looking to refurbish your buy to let property in keeping with these changes, an EPC loan could help.   You may have heard of the Energy Performance Certificate (EPC) and the importance of hav...

Getting a Business Loan - 8 Top Tips

Getting a Business Loan - 8 Top Tips

18-August-2023
18-August-2023 13:07
in Commercial
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...

Securing a land mortgage in 2023 - what you need to know

Securing a Land Mortgage in 2023: What You Need to Know

15-August-2023
15-August-2023 13:02
in Mortgage
by Sam Hodgson
Securing a land mortgage in 2023 - what you need to know

We explore the intricacies of securing a land mortgage in 2023, providing expert insights and tips to help you navigate the process with confidence. What is a Land Mortgage? Land mortgages are specialised loans designed for purchasing land. They differ from standard residential mortgages due to th...

Bridging Loan to Buy A House - Example

Bridging Loan To Buy A House - Example Of How It Works

10-August-2023
10-August-2023 17:12
in Bridging
by Jennifer Stevenson
Bridging Loan to Buy A House - Example

If you've found the property you want to buy and need to move quickly, a common option is to use a bridging loan to buy a house. Here, we look at some examples of how bridging loans can be used to buy property. How can a bridging loan be used to buy a house? In the past 15 years, bridging loans ha...

A Guide to Development Finance Rates

A Guide to Development Finance Rates

25-July-2023
25-July-2023 17:16
in Development
by Sam Hodgson
A Guide to Development Finance Rates

How do development finance rates compare to the average mortgage? Because development loans are usually only offered by specialist lenders, it can be difficult to understand what costs are involved and how they work.  The added complexities of paying contractors, meeting deadlines and the inev...

Can I Borrow Against A Property With No Mortgage?

Can I borrow against a property with no mortgage?

21-July-2023
21-July-2023 11:55
in Mortgage
by Jennifer Stevenson
Can I Borrow Against A Property With No Mortgage?

If you own your property outright, you may be wondering if it's possible to buy a property with no mortgage. You'll be pleased to know that it is possible and a few options exist. So what are they? Many homeowners look to access cash to help get through extraordinary circumstances. From loss of emp...