How to Secure a Mortgage Using Your Trading Income

Mortgages for Forex, Stock and Crypto Traders

19-January-2022
19-January-2022 14:42
in Private clients
by Sam Hodgson
How to Secure a Mortgage Using Your Trading Income

If your primary income stream is trading – be it stocks and commodities, forex or cryptocurrencies - you’ve probably struggled to get mortgage finance at the levels that your earnings warrant. Most banks see trading income as a red flag for a number of reasons. But are there specialist ...

NEWS: House Price Rises “Flipped” between North and South of England

NEWS: House Price Rises 'Flipped' between North and South of England

14-January-2022
14-January-2022 16:57
in News
by Sam Hodgson
NEWS: House Price Rises “Flipped” between North and South of England

Following the end of the Stamp Duty Tax holiday in September, house price rises in the North and South of England swapped positions towards the end of 2021 following a boom in the South East and London property market. New data from Chartered Surveyors, e.surv, sheds light on the most recent proper...

Everything You Need to Know About Property Development Finance

How Does Property Development Finance Work?

14-January-2022
14-January-2022 11:13
in Development
by Jennifer Stevenson
Everything You Need to Know About Property Development Finance

It’s a sobering truth that the success of a build project is often less dependent on the availability of a development site, innovative design or high-quality workmanship than on the availability of affordable and flexible finance. Development projects require a bespoke and niche form of fina...

5.5 Time Income Law Partner Mortgages

NEWS: 5.5x Income Mortgage Product for New Law Firm Partners

10-January-2022
10-January-2022 16:06
in News
by Sam Hodgson
5.5 Time Income Law Partner Mortgages

A high-street bank is now offering a mortgage for new law firm partners worth up to £2m with a 5.5x loan to income ratio and high loan to value threshold. If you’ve recently made partner at your law firm and are looking to leverage your new income towards a bigger mortgage, it's a produ...

Exclusive Mortgages for New Law Partners and Equity Partners

How to Get a Mortgage as a New Law Partner

10-January-2022
10-January-2022 10:09
in Private clients
by Sam Hodgson
Exclusive Mortgages for New Law Partners and Equity Partners

You’ve just made partner at your law or accountancy firm, and with a big pay rise around the corner, you want to leverage your higher income to upgrade your home as soon as possible. But how long do you need to be earning your higher salary before you can use it towards your mortgage? And as...

Get a Large Interest Only Mortgage

Large Interest Only Mortgages - How to Get One

06-January-2022
06-January-2022 15:40
in Private clients
by Sam Hodgson
Get a Large Interest Only Mortgage

A large interest only mortgage can be a key solution to irregular income streams and complex wealth structures, and they provide a level of debt flexibility that repayment mortgages can't match.  But who are interest only mortgages for? What are their benefits? And how do you ge...

How to Get a Self Employed Mortgage - Everything You Need to Know

Complex Income - How to Secure a Mortgage

05-January-2022
05-January-2022 17:18
in Private clients
by Sam Hodgson
How to Get a Self Employed Mortgage - Everything You Need to Know

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...

Remortgaging As A UK Expat

Remortgaging As A UK Expat

05-January-2022
05-January-2022 16:14
in International
by Sam Hodgson
Remortgaging As A UK Expat

Thinking of remortgaging your UK property as an expat living abroad? Looking to transfer a residential mortgage to a buy to let? Reduce your current monthly mortgage costs, or get better control of your finances? Or take advantage of a lower Loan to Value (LTV) and perhaps use the ...

Everything You Need to Know to Get a Million Pound Mortgage

How To Get A Multi Million Pound Mortgage

05-January-2022
05-January-2022 16:09
in Private clients
by Jennifer Stevenson
Everything You Need to Know to Get a Million Pound Mortgage

There’s increasing demand for high-value properties in the UK, and not just in the capital and the commuter heartland of the south east. This property sector has done particularly well from 2020 through to 2022. And Property News UK says that million-pound homes have been outperforming the re...

Everything You Need to Know About Getting a Self Employed Mortgage in 2022

Self Employed Mortgage - How to Improve your Chances of Getting One in 2022

04-January-2022
04-January-2022 16:34
in Mortgage
by Sam Hodgson
Everything You Need to Know About Getting a Self Employed Mortgage in 2022

Whether you're a company director or a sole trader, you've probably noticed that high-street mortgage lenders have tougher lending criteria when it comes to self employed mortgage applications.  And with the Covid-19 pandemic putting a strain on the economy and small businesses in particu...

UK Property Hotspots for Expats in 2022 - Top Locations to Consider

UK Property Hotspots for Expats in 2022 - Top Locations to Consider

30-December-2021
30-December-2021 9:12
in International
by Sam Hodgson
UK Property Hotspots for Expats in 2022 - Top Locations to Consider

If you’re a UK expat thinking about purchasing a buy to let in the UK, it’s all about location. Your buy to let’s location will determine its value growth, rental yield, security of income and whether you’ll be able to use it as a personal second home. In this post, we look...

Can You Use Bonus Income and Commission Payments Towards Your Mortgage?

Can You Use Bonus Income and Commission Payments Towards Your Mortgage?

23-December-2021
23-December-2021 12:50
in Mortgage
by Sam Hodgson
Can You Use Bonus Income and Commission Payments Towards Your Mortgage?

Whether you can use your bonus and commission as income towards your mortgage is a question we’re asked more and more every day. On target earnings (OTEs), commission-based salaries and large annual bonus payments are becoming increasingly common in today’s corporate world. The effecti...

Should You Get a Tracker or Fixed Rate Mortgage in 2022?

Should You Get a Tracker or Fixed Rate Mortgage in 2022?

23-December-2021
23-December-2021 10:12
in Mortgage
by Sam Hodgson
Should You Get a Tracker or Fixed Rate Mortgage in 2022?

In light of the recent interest rate hike from the Bank of England from 0.1% to 0.25%, we look at a snapshot of the best rates available on the market today for fixed and tracker mortgage products to see how they compare. We also look at the pros and cons of fixed rate mortgages compared to tracker...

Expat buy to let mortgages in the UK, Clifton Private Finance

How To Get A UK Expat Buy To Let Mortgage

16-December-2021
16-December-2021 17:00
in International
by Jennifer Stevenson
Expat buy to let mortgages in the UK, Clifton Private Finance

If you're a UK national living in another country, you may be trying to figure out how to finance a property back home. You'll either be looking to keep a house you already own or buy a new property - with a view to benefitting from a valuable slice of the UK property market...

NEWS: Bank of England Raises Base Interest Rate to 0.25% - What Does This Mean for Your Mortgage?

NEWS: Bank of England Raises Base Interest Rate to 0.25 Percent - What Does This Mean for Your Mortgage?

16-December-2021
16-December-2021 12:57
in News
by Sam Hodgson
NEWS: Bank of England Raises Base Interest Rate to 0.25% - What Does This Mean for Your Mortgage?

The Bank of England’s Monetary Policy Committee (MPC) meeting today has resulted in base interest rates in the UK increasing to 0.25% from 0.1%. This represents an increase of 150% to the base UK interest rate. Despite significant pressure from recent rising inflation rates, many economists ...

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

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

16-December-2021
16-December-2021 9:48
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, so this serves as a great way for new buyers to get onto the property market with a big...

A Guide to Bank Statements When Applying for a Mortgage

A Guide to Bank Statements When Applying for a Mortgage

09-December-2021
09-December-2021 16:11
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...

HMO Mortgages - How To Finance An HMO Property

HMO Mortgages – How To Finance An HMO Property

04-December-2021
04-December-2021 18:08
in Mortgage
by Jennifer Stevenson
HMO Mortgages - How To Finance An HMO Property

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 paid off a mortgage you could now be looking to reinvest in property. Or perhaps success with residential investment or buy-to-lets (BTL) has prompted ...

Specialist Mortgage Broker - 7 Reasons Why You Should Use One

Specialist Mortgage Broker - 7 Reasons Why You Should Use One

03-December-2021
03-December-2021 12:14
in Mortgage
by Sam Hodgson
Specialist Mortgage Broker - 7 Reasons Why You Should Use One

If your financial circumstances are complex and unique, you might be struggling to get the property finance you need. At the very least, you could be looking at higher interest rates, putting down a bigger deposit, or borrowing less money. But using a specialist mortgage broker will ensure you get ...

How Much Does A Bridging Loan Cost?

How much does a bridging loan cost?

25-November-2021
25-November-2021 13:09
in Bridging
by Jennifer Stevenson
How Much Does A Bridging Loan Cost?

Bridging loans cost less than you might think - especially if you're using one for the right reasons, in the right way.  And if a bridging loan secures your property purchase at the best price because you’re able to act fast, it can save you money too. Bridging loan ...

NEWS: UK House Sales Fall Following End of Stamp Duty Holiday

NEWS: UK House Sales Fall Following End of Stamp Duty Holiday

24-November-2021
24-November-2021 15:40
in News
by Sam Hodgson
NEWS: UK House Sales Fall Following End of Stamp Duty Holiday

On 1st October this year, the government’s Stamp Duty holiday came to an end. And as a result, HMRC has reported that a massive 52% fewer houses were sold in the UK in October compared to September. But while a drop of 52% is extraordinary, it’s not necessarily a sign that people have ...

NatWest Launches Buy to Let Green Mortgage and Leeds BS offer Offset Carbon Emissions Incentive

NEWS: NatWest Launches Buy to Let Green Mortgage and Leeds BS Offer Offset Carbon Emissions Incentive

23-November-2021
23-November-2021 10:50
in News
by Sam Hodgson
NatWest Launches Buy to Let Green Mortgage and Leeds BS offer Offset Carbon Emissions Incentive

NatWest are launching green mortgage incentives this week for buy to let (BTL) properties, and Leeds Building Society have announced a carbon offset scheme for their fixed rate products. With the government aiming to ensure all mortgage lenders have an average Energy Performance Certificate (EPC) o...

NEWS: Inflation Up 4.2% In October – Are Mortgage Rates Going Up Too?

NEWS: Inflation Up 4.2 Percent In October – Are Mortgage Rates Going Up Too?

18-November-2021
18-November-2021 11:41
in News
by Sam Hodgson
NEWS: Inflation Up 4.2% In October – Are Mortgage Rates Going Up Too?

The Office for National Statistics announced yesterday that the Consumer Prices Index (CPI) rose 4.2% in the 12 months to October 2021. This is higher than many people expected and marks a significant increase from the 3.1% inflation figure for the 12 months to September 2021. It mounts more press...

Latest Mortgage & Short Term Finance Deals

15-November-2021
15-November-2021 19:12
in News
by James Caldwell

We have put together some of the mortgage rates for UK residents and expats that we have recently placed and are currently available to our clients as at 15/11/2021. Residential Mortgages customDatabaseOutput-1308~ddl~75,303 *Overall Cost For Comparison  Buy To Let Mortgages custom...

NEWS: UK House Prices and Mortgage Rates Predicted to Grow in 2022

NEWS: UK House Prices and Mortgage Rates Predicted to Grow in 2022

15-November-2021
15-November-2021 17:00
in News
by Sam Hodgson
NEWS: UK House Prices and Mortgage Rates Predicted to Grow in 2022

While Savills have predicted house prices to grow by 3.5% in 2022, Rightmove have announced the largest monthly drop in average asking price via their real estate website in November since January 2021. What is the property market forecast? Savills property market predictions: 3.5% growth in 20...

Mortgages For Solicitors: Finance to Suit the Legal Profession

Mortgages For Solicitors: Finance to Suit the Legal Profession

15-November-2021
15-November-2021 14:17
in Mortgage
by Sam Hodgson
Mortgages For Solicitors: Finance to Suit the Legal Profession

If you’re working in the legal profession, you could get preferential mortgage terms for your property purchase. Whether you’re a qualified solicitor or barrister or you’re still completing your period of recognised training, it's worth speaking to a mortgage broker who can connec...

Refurbishment Loans: A Full Guide To Financing Your Next Property Development

A Full Guide To Financing Your Next Property Renovation: Refurbishment Bridging Loans

11-November-2021
11-November-2021 17:14
in Private clients
by Sam Hodgson
Refurbishment Loans: A Full Guide To Financing Your Next Property Development

Whether you're an experienced property developer, a landlord with a large portfolio, or are looking to delve into property investment for the first time, a refurbishment loan can be one of the most important tools you'll have in your armoury, in order to realise an opportunity that co...

NEWS: NatWest and TSB Increase Mortgage Rates Across Multiple Products

NEWS: NatWest and TSB Increase Mortgage Rates Across Multiple Products

11-November-2021
11-November-2021 15:18
in News
by Sam Hodgson
NEWS: NatWest and TSB Increase Mortgage Rates Across Multiple Products

Among speculation of future base rate interest rises from the Bank of England, a number of mortgage lenders have increased interest rates across their product ranges and taken some products off the market. TBS Rate Increases Two year fixed mortgages – rates increased by up to 0.30 per cent...

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

11-November-2021
11-November-2021 10:30
in Mortgage
by Sam Hodgson
What Stamp Duty do I Need to Pay and can my Mortgage be Used to Cover it

When you’re buying a home, getting caught out by a higher Stamp Duty tax bill than you’re expecting 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 calcul...

NEWS: 66 Percent Of Parents Considering A Buy To Let For Kids At University

NEWS: 66 Percent of Parents Considering a Buy to Let for Kids at University

10-November-2021
10-November-2021 17:04
in News
by Sam Hodgson
NEWS: 66 Percent Of Parents Considering A Buy To Let For Kids At University

A recent report from Trussle has found that two thirds of parents with children at university are considering a buy to let property purchase for their children to live in – an investment that also doubles up as an income source through renting to other students. Buying near their university m...

How to Get a Limited Company Buy to Let Mortgage

How to Get a Limited Company Buy to Let Mortgage

10-November-2021
10-November-2021 15:35
in Mortgage
by Sam Hodgson
How to Get a Limited Company Buy to Let Mortgage

The surge of buy to let mortgage applications across the UK is not slowing down. Is getting your buy to let mortgage through a limited company the most tax-efficient way to finance your purchase? We’ll be taking a look at whether buying your rental property through a limited ...

Interest Rates Held at 0.1 percent - What this means for your mortgage

NEWS: Interest Rates Held at 0.1 Percent - What This Means for your Mortgage

04-November-2021
04-November-2021 14:35
in News
by Sam Hodgson
Interest Rates Held at 0.1 percent - What this means for your mortgage

Following the Bank of England’s Monetary Policy Committee (MPC) meeting today, only two out of nine policymakers voted to raise interest rates from the current record lows. It’s a result that shocked many borrowers who assumed rates would rise up to 0.25% in response to rising levels of...

How to Get a Green Mortgage - Could you Save Thousands on your Mortgage and Energy Bills

How to Get a Green Mortgage - Could you Save Thousands on your Mortgage and Energy Bills?

03-November-2021
03-November-2021 12:25
in Mortgage
by Sam Hodgson
How to Get a Green Mortgage - Could you Save Thousands on your Mortgage and Energy Bills

It’s hard to have missed the recent news that gas prices have been sky-rocketing around the globe over the past month. And this means that energy prices in the UK are on the rise, with more and more households seeing their energy bills go up. So, if you're cutting down on your energy usage a...

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

29-October-2021
29-October-2021 15:40
in International
by Jennifer Stevenson

If you live in Australia, securing a mortgage to purchase a residential or buy to let property in the UK can be challenging. This article explores the options available to you as an Australian resident and the best ways to access mortgage finance for purchasing or remortgaging UK property. Sa...

Are UK Mortgage Rates Likely to Rise - October Budget 2021

NEWS: Are UK Mortgage Rates Likely to Rise - October Budget 2021

28-October-2021
28-October-2021 16:35
in News
by Sam Hodgson
Are UK Mortgage Rates Likely to Rise - October Budget 2021

Chancellor Rishi Sunak has announced his Autumn Budget in the House of Commons, and we look at what it tells us about the future of mortgage rates in the UK. Mortgage rates fluctuate in line with interest rates in the UK, and although the Bank of England sets the base rates, not the Chancellor, the...

Bridging Finance For British Expats Buying UK Property

Bridging loans for UK expats

27-October-2021
27-October-2021 16:53
in International
by Jennifer Stevenson
Bridging Finance For British Expats Buying UK Property

If you're a British expat looking to buy UK property, a bridging loan could be the key to moving your plans forward. You might be hunting for a residential property to move into, looking for an investment buy-to-let, or contemplating a ground-up development opportunity. Whatever your situation...

Living In Dubai? 4 Ways A British Expat Can Get A UK Mortgage

21-October-2021
21-October-2021 16:34
in International
by Jennifer Stevenson

You're a UK expat, living and working in Dubai for now, and you want to buy a property back home; perhaps as an investment, a buy-to-let, for family, or for visits back home.  But if you're reading this article, you've probably realised that securing a mortgage on a UK property isn't strai...

fixed rate mortgage news

NEWS: Rates to Rise – Time to cash in with a longer fixed-rate mortgage?

14-October-2021
14-October-2021 9:25
in News
by Sam Hodgson
fixed rate mortgage news

The Bank of England’s base interest rate could rise as early as December 2021 according to market predictions. And if they do, we know that mortgage rates might never be this low again. Is it time to lock in on the record-low rates while you still can? Even with just speculation of rising i...

How to get a UK Mortgage with a foreign income

How To Get A UK Mortgage With A Foreign Income

10-October-2021
10-October-2021 17:41
in International
by Jennifer Stevenson
How to get a UK Mortgage with a foreign income

If you are a British expat working and living abroad and you are paid in a non-sterling currency, you may find it difficult to secure a mortgage on a UK property or to remortgage with an existing lender. Many high street banks will shy away from borrowers on a foreign income, but whe...

How to get a uk expat mortgage

How to get a UK expat mortgage

06-October-2021
06-October-2021 12:10
in International
by Jennifer Stevenson
How to get a uk expat mortgage

You're a British citizen, currently living and working outside the UK and earning in a non-sterling currency. But, you want to buy property in the UK and take advantage of the exchange rate on the pound, low UK interest rates, and great-value property prices.  You may find yourself...

5 and a half times salary mortgage

NEWS: The Return of High-Street Banks Offering 85 Percent LTV Mortgages at 5.5 Times Salary

04-October-2021
04-October-2021 17:22
in News
by Sam Hodgson
5 and a half times salary mortgage

High-value residential mortgages are becoming more and more attractive for high-earners as banks aim to return to their pre-pandemic lending rates. You can now get more out of your income with a 5.5x salary mortgage without having to commit to large deposits or source your finance from expensive pr...

How to get a mortgage as a partner of a US law firm without a recent tax return

How to Get a Mortgage as a Partner of a US Law Firm Without a Recent Tax Return

30-September-2021
30-September-2021 12:01
in Mortgage
by Sam Hodgson
How to get a mortgage as a partner of a US law firm without a recent tax return

If you’re self-employed and working for a US company, you might not have a recent UK tax return when you apply for your mortgage due to the US tax year calendar. If you don’t know how to get around this, you'll struggle to get a mortgage despite being a high earner with a secure income...

Mortgages for doctors: finance to suit the medical profession

Mortgages for doctors: finance to suit the medical profession

23-September-2021
23-September-2021 17:01
in Private clients
by Jennifer Stevenson
Mortgages for doctors: finance to suit the medical profession

Doctors and medical professionals can face a particular set of challenges when it comes to applying for a mortgage. But with the advice of a specialist mortgage broker, there are some very attractive mortgage deals available to you. We’ll show you how to maximise your borrowing power and spee...

modern non-standard construction

Non-Standard Construction Mortgages & How To Get One

16-September-2021
16-September-2021 11:15
in Mortgage
by Sam Hodgson
modern non-standard construction

Non-standard construction mortgages are hard to come by. But if you know the right specialist lenders you can still get a competitive deal on your mortgage. Mortgage brokers know the ins and out of the market, and speaking to an adviser is usually the quickest way to find the best non-standard cons...

19 New Million Pound House Locations in England and Wales

19 New Million Pound House Locations in England and Wales

24-August-2021
24-August-2021 16:41
in News
by Sam Hodgson
19 New Million Pound House Locations in England and Wales

With vaccinations rolled out across the UK and lockdown restrictions easing, the short-term effects of Covid-19 on the UK property market are coming to an end. But what effect did the pandemic actually have on the property market, and will these trends continue into the long term? New market resea...

Investing In a New Kitchen How Much Value Will It Add to My House

Investing In a New Kitchen? How Much Value Will It Add to My House?

16-August-2021
16-August-2021 13:22
in Development
by Sam Hodgson
Investing In a New Kitchen How Much Value Will It Add to My House

A beautiful kitchen completely transforms the look and feel of a home. It’s the first thing that stands out to buyers, and the last thing they remember, setting the tone and style of the rest of the property. No matter the culture, country or time period, the kitchen is always the heart of th...

How to Find and Download Tax Documents for a UK Mortgage

How to Find and Download Tax Documents for a UK Mortgage

09-August-2021
09-August-2021 13:27
in Mortgage
by Sam Hodgson
How to Find and Download Tax Documents for a UK Mortgage

If you are self-employed and applying for a mortgage, then you'll need to find and download the right tax documents for your application. Your mortgage lender will need proof of your income for at least the last two years, and they will usually only accept the following HMRC tax documents: SA302...

How To Get a Mortgage - 19 Top Tips for Borrowers

How To Get a Mortgage - 19 Top Tips for Borrowers

29-July-2021
29-July-2021 12:39
in Mortgage
by Sam Hodgson
How To Get a Mortgage - 19 Top Tips for Borrowers

With the property market being hugely competitive at the moment, getting your mortgage application right is more important than ever. Whether you have found your dream home as a first-time buyer or discovered a bargain of a buy to let property, you want to be able to act quickly and confidently w...

How To Get A Holiday Let Mortgage

How To Get A Holiday Let Mortgage

19-July-2021
19-July-2021 16:30
in Mortgage
by Sam Hodgson
How To Get A Holiday Let Mortgage

In recent years we have seen a significant influx in property purchases for holiday lets across the UK. However, mortgage lenders have been slow to keep up, and most of the big lenders are still not offering specialist, holiday let mortgage products. A standard buy to let mortgage won't be applicab...

Living in Hong Kong? 4 Ways A British Expat Can Get A UK Mortgage

Living in Hong Kong? 4 Ways A British Expat Can Get A UK Mortgage

24-June-2021
24-June-2021 17:11
in International
by Jennifer Stevenson
Living in Hong Kong? 4 Ways A British Expat Can Get A UK Mortgage

Work hard, get paid well… Even on local plus rather than an expat salary package, your low tax means you’ll be looking for somewhere secure to invest. You may not feel as adventurous about playing the HKEX as the locals. And a local property market described by Swiss bank UBS as the m...

Development Finance for Converting Offices into Residential Flats Under Permitted Development Rights

18-June-2021
18-June-2021 17:04
in Development
by James Caldwell

There is a growing demand for residential properties in the UK, which has led to an increase in building and developing properties. Despite the increased activity in the housing market, the residential needs of the UK population are not being met. Property developers may feel that converting offic...

How to get a professional mortgage

17-June-2021
17-June-2021 16:16
in Private clients
by Jennifer Stevenson

Your hard-won qualifications and structured career path can win you 8 money-saving advantages when you’re looking for property finance. Doctors, architects, teachers, pilots… you’ve been sitting exams while your peers have been down the pub. Is there a payoff in terms of mortga...

How Much Does A Million Pound Mortgage Cost

17-June-2021
17-June-2021 14:59
in Mortgage
by Jennifer Stevenson

In the last 12 months borrowing has never been cheaper with the Bank of England base rate currently sitting at 0.1%. Since the beginning of the pandemic banks and building societies have been able to secure super cheap money from the BOE following the launch of their Term Funding Scheme designed t...

How To Get A UK Mortgage When Living And Working Abroad

17-June-2021
17-June-2021 13:55
in News
by Jennifer Stevenson

If you’re a British expat thinking about buying a property in the UK, or wanting to remortgage on your current home in Britain, there are a few challenges you'll need to overcome as an applicant based overseas. You may find that your credit score in the UK needs attention, or you ne...

Mortgages For Over 60s - What Are My Options?

02-January-2021
02-January-2021 18:49
in Mortgage
by Jennifer Stevenson

If you are 60 or older & you need to borrow in later life, there are mortgage options available. Even in your 90s, there might still be products available to you.  Here we look at what these mortgage borrowing options are, and the features, advantages and disadvantages of each.  ...

5x, 5.5x and 6x income mortgages

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

02-January-2021
02-January-2021 18:18
in Mortgage
by Jennifer Stevenson
5x, 5.5x and 6x income mortgages

There ARE "5x, 5.5x and even 6x" 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 the borrowing potential of their salaries, in order to get a toe-hold on the property ladder...

How to get refurbishment finance for a buy to let property

24-November-2020
24-November-2020 23:36
in Mortgage
by Jennifer Stevenson

If you're looking to buy a property to generate rental income, finding one that needs significant renovation can allow you to grab a bargain. And if you're already a landlord, refurbishing your rental property can allow you to increase your rental income, and also boosts value. The challenge...

How to get a mortgage for a mixed-use country estate

24-November-2020
24-November-2020 10:22
in Mortgage
by Jennifer Stevenson

Commercial income from rural outbuildings is an attractive proposition for potential buyers of substantial rural properties. But it's a worrying combination for mortgage lenders.  Country estates with substantial acreage in addition to a main residence already call for specialist len...

Mortgages For Dentists: How Much Can I Borrow?

19-November-2020
19-November-2020 19:09
in Mortgage
by Jennifer Stevenson

Has any profession faced more financial challenges in recent years than dentists? There are mortgage lenders who understand the value of the years of training you’ve invested in, and who are prepared to take a long view of your future earnings potential and offer generous salary multiplie...

How To Get A Large Mortgage Loan

19-November-2020
19-November-2020 13:12
in Private clients
by Jennifer Stevenson

At the beginning of 2018, almost 3 per cent of the UK’s housing stock came with a price tag of more than a million pounds. Homes and rental properties priced at more than a million pounds used to be described as "luxury". But by 2015, 75,000 new "property millionaires" had been created by pr...

How To Buy Property Quickly and Beat the Stamp Duty Holiday Deadline

13-November-2020
13-November-2020 1:19
in Mortgage
by Jennifer Stevenson

On 8 July 2020 the Chancellor Rishi Sunak announced a tax-free "holiday" on the stamp duty land tax (SDLT or "stamp duty") payable on house purchases in England and Northern Ireland, with immediate effect. The aim was to boost the sluggish housing market, and it was great news for buyers. House-mo...

How To Refinance A UK Property

12-November-2020
12-November-2020 13:53
in Mortgage
by Jennifer Stevenson

The traditional average mortgage term has always been around 25 years, and now many people, especially first-time buyers, look for arrangements with terms of 30 years or more. However, it is increasingly rare for a borrower to keep the same mortgage for this full term. In this article we look a...

How To Get A Renovation Mortgage

05-November-2020
05-November-2020 12:34
in Mortgage
by Jennifer Stevenson

Home owners and developers should choose the finance for their renovation projects as carefully as they choose the design, their builder, the materials, fixtures and finishes. A finance package that’s too expensive or inflexible will be a frustrating constraint upon your plans, and can have ...

How To Get A Mortgage For A Grade 2 Listed House

02-November-2020
02-November-2020 11:26
in Mortgage
by Jennifer Stevenson

If you are looking for mortgage or short term finance for a grade 2 listed home, then you may come up against a few challenges in finding a lender who will consider this type of property. When you hear the phrase ‘listed building’, you might think of a stately home or some other grand s...

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

19-October-2020
19-October-2020 9:59
in Bridging
by Jennifer Stevenson

If you've found the property you want to buy and need to move quickly, a bridging loan is a form of finance that's now considered mainstream, used by a wide range of borrowers to help them make an important purchase. We look at examples of bridging loans and how they can be used for different types ...

News: Housing Market Trends for Autumn 2020

16-October-2020
16-October-2020 9:51
in News
by Jennifer Stevenson

The housing market of autumn 2020 has continued to perform strongly following a very busy summer. For those interested in house-buying, whether for development, BTL or upsizing/downsizing purposes, it’s useful to know what the current trends are within the market. That way, you can know wher...

Living In Thailand? How To Get A UK Expat Mortgage

15-October-2020
15-October-2020 23:51
in International
by Jennifer Stevenson

Don't lose all the value of your expatriate earnings in Bangkok by paying more for the finance on a UK property purchase than you need to. Yes, UK mortgages cost more for British expatriates than for Britons resident in the UK. But they don't need to cost THAT much more.   An experienced...

Living In Spain: How To Get A UK Expat Mortgage

15-October-2020
15-October-2020 23:34
in International
by Jennifer Stevenson

Property finance is pricier if you're an expat. But don't end up paying more than you need to for your mortage on a home or a rental property back in the UK, just because you're currently living or working in Spain. An experienced expat finance broker can save you a significant amount of money...

Expat Living in Europe? How To Get A UK Mortgage

15-October-2020
15-October-2020 19:52
in International
by Jennifer Stevenson

Don't be caught out by the uncompetitive rates offered by many mainstream lenders when you when you go looking for finance on a property back in the UK. Those mortgage deals you see advertised online by British high-street banks: not for you, as a non-resident. This is one of the situations w...

How To Get A Bridging Loan For A London Property

14-October-2020
14-October-2020 9:06
in Bridging
by Jennifer Stevenson

In the UK’s most competitive property market there’s still a need for fast, flexible financing for property purchases. House prices may be sinking in two out of five London postcodes, but there’s still no time for leisurely buyer chains, or finance companies shilly-shallying around...

News: BCO Announces The Office is Over – So Where Should Developers Put Their Money?

09-October-2020
09-October-2020 11:16
in News
by Admin

It’s not exactly news to anyone that the impact of the Covid-19 pandemic has affected almost every single facet of daily life for the majority of Britons. One of the biggest changes established in the ‘new normal’ is the fact that those who are able to work from home, are doing so...

News: September House Price Spike

07-October-2020
07-October-2020 15:22
in News
by Admin

House prices in September 2020 have had the steepest annual rise since June of 2016, according to the latest newly released index from Halifax. What does the data say? The Halifax managing director Russell Galley recently spoke on the data and what it means for the housing market. He argues tha...

News: Green Homes Grant Launches for Eco-Friendly Renovation

02-October-2020
02-October-2020 10:31
in News
by Admin

For homeowners who’ve been lusting after eco-friendly home updates, there is excellent news on this rainy Friday: the Governments Green Homes Grant has officially been launched. What’s happening? In July, the government announced this initiative intended to help homeowners fund eco-fr...

Sell and Upsize Your Home or Renovate - Your Finance Options

01-October-2020
01-October-2020 11:36
in Mortgage
by Admin

The impact of 2020 has been felt by all British citizens: Covid-19 has affected every facet of our daily lives. Lockdown confined us all to our homes for six months of living, working and being inside the same four walls day after day after day. And with a second lockdown a possibility, it has lef...

News: The Rising Tide of Tenant Demand

30-September-2020
30-September-2020 9:18
in News
by Admin

The property boom post-pandemic appears to be continuing on through into the autumn, if recent reports are anything to go by. But it’s not just the buyers market that’s busy – the rental market, too, are sustaining a rise in demand, so now is a good time to be a landlord. Data fro...

How To Get A Private Bank Mortgage

30-September-2020
30-September-2020 3:00
in Private clients
by Jennifer Stevenson

Footballers, artists, entrepreneurs and young professionals…These marble halls now offer flexible terms and extended borrowing to a far wider range of HNW clients than the landed gentry. Their services have traditionally been shrouded in hushed secrecy. But their rates, and the relationship ...

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

29-September-2020
29-September-2020 9:33
in International
by Jennifer Stevenson

Good properties to buy, affordable finance available, and good returns. But there are a few surprises about how the finance and buying systems work over here. By Luther Yeates, Senior Finance Broker for Clifton Private Finance: our specialist in UK property finance for non-British buyers If you're...

How to remortgage a buy to let portfolio

28-September-2020
28-September-2020 10:29
in Mortgage
by Jennifer Stevenson

Changes to tax and regulations mean that landlords’ finance needs to work harder for them to ensure the profitability of their rental property holdings. Good returns aren’t only available to those who "stay small". But the new financial landscape does mean that investment property owner...

News: How to Use Bridging to Beat the Buy to Let Competition

23-September-2020
23-September-2020 16:50
in News
by Admin

2020 has certainly been an odd year in the housing market - a global pandemic, a stamp duty holiday for residential mortgages, the impact of national lockdown. All of this doesn’t exactly sound like it should add up to the right time to expand your buy to let portfolio. But, according to a ne...

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

20-September-2020
20-September-2020 12:34
in Bridging
by Jennifer Stevenson

In an ideal world, we'd all wait to sell our old house before first, 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...

Flexible 24-month Alternative Bridging Loans Over £500K

16-September-2020
16-September-2020 19:38
in Bridging
by Jennifer Stevenson

The terms of standard bridging loans terms don’t suit everyone. So the short-term lending market has responded by offering a type of lending that meets the requirements of the Financial Conduct Authority, but which offers greater flexibility to borrowers who need it – and can afford...

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

16-September-2020
16-September-2020 14:29
in News
by Admin

The dormant spring of the housing market has well and truly ended, following a summer of unprecedented growth after the emergence of the UK from the national lockdown. The housing market is moving quickly once more – with June, July and August seeing very high numbers and houses selling in wee...

Can I borrow more on my mortgage?

16-September-2020
16-September-2020 11:04
in Mortgage
by Admin

For most people, your home will be the most valuable asset you own – so it will be first port of call when you are looking for an asset against which to secure more money. Lots of people may find themselves in the situation where they need to secure some quick capital, and borrowing more on t...

How to get a large mortgage as a contractor: 5 top tips

15-September-2020
15-September-2020 11:37
in Private clients
by Jennifer Stevenson

If you’ve tried to get a mortgage in the past by approaching a high-street bank or building society, you probably found that you weren’t one the customers they were bending over backwards to lend money to. You don’t have three to six months’ worth of employer payslips? Or th...

Mortgages and Credit Scores: What You Need To Know

08-September-2020
08-September-2020 9:39
in Mortgage
by Admin

There's no magic "pass score" on your credit rating that means you will or won't get a mortgage. But it's a very important factor in whether you'll be offered property finance, and what interest rate you'll be charged.  So it’s important to understand how credit ratin...

News: Recession Proof Buy to Let Property Hotspots for UK Landlords

01-September-2020
01-September-2020 13:25
in News
by Admin

The news is in: the UK is officially in a recession. This can be a scary word for a lot of people, but it needn’t be. The effects of a nationwide lockdown due to a global pandemic were inevitably going to have this effect on the economy, and once Brits are able to return to their regular spen...

UK Mortgage For US Citizens Buying Property In London

26-August-2020
26-August-2020 14:09
in International
by Jennifer Stevenson

Britain’s Brexit stalemate has been excellent news for overseas investors in the London property market. The weakening of sterling over the past couple of years meant London tumbled down the Economist’s rankings of the worlds’ most expensive cities and led to some serious bargain-h...

News: Best Stamp Duty Savings Inside London

26-August-2020
26-August-2020 9:47
in News
by Admin

The chancellor’s plan to kick-start the housing market following lockdown, as the market has sprung very much back into life since the announcement of the stamp duty holiday in July. For those looking to buy in London, you’re going to want to take advantage of that Stamp Duty Holiday wh...

How do Joint mortgages work?

25-August-2020
25-August-2020 13:28
in Mortgage
by Admin

A joint mortgage does what it says on the tin: it is a mortgage where more than two or more people share the debt accrued by borrowing in a mortgage, so they are jointly liable for repaying that debt. Who can I get a joint mortgage with? A joint mortgage can take many forms: you could be buyin...

Bridging Loan Costs: A Complete Guide to Rates & Fees

20-August-2020
20-August-2020 13:20
in Bridging
by Jennifer Stevenson

Fast and flexible short-term finance can get property buyers out of a hole. And it’s probably more affordable than you think. Read our chapter-and-verse guide to the cost of short-term finance. Bridge finance used to be regarded as a niche form of property finance for high-flyer developers an...

News: Best Stamp Duty Savings Outside London

18-August-2020
18-August-2020 14:34
in News
by Admin

The stamp duty holiday has certainly rekindled the fire in the housing market following the UK wide lockdown earlier this year. For those looking to buy their brand new dream property and take advantage of the stamp duty holiday, now is very much the time to buy – so we’ve put together ...

Remortgage to buy another property: make use of the equity in your home

15-August-2020
15-August-2020 20:05
in Mortgage
by Jennifer Stevenson

You’ve seen the prices rise on the properties around yours, and you’re wondering: how do you make use of the increased value of your home or rental property without actually selling up and cashing in? Remortgaging can be the answer if you’re thinking of buying another property In...

News: Sharp Rise in Property Transactions Follows Stamp Duty Holiday Announcement

12-August-2020
12-August-2020 17:36
in News
by Admin

It has been a just over a month since the chancellor announced the stamp duty holiday for purchases of homes up to £500,000 until 31st March 2021. One month in, we are starting to see the result of this policy change in the housing market, according to recent data from international estate ag...

Mortgage Application Delays and Hidden Costs and How To Avoid Them – By a Mortgage Broker Buying His Own Home

12-August-2020
12-August-2020 13:20
in Mortgage
by Jennifer Stevenson

Applying for my own mortgage without the specialist access available to mortgage brokers was a horrible, horrible process. By George Abouzolof, Clifton Private Finance I now have every sympathy with property buyers applying directly to banks and building societies for their mortgage finance. I'm a...

News: Our Top Four London Hotspots for HNW Buyers

05-August-2020
05-August-2020 16:33
in News
by Admin

For the high net worth buyer, there is nowhere else in the UK that is a greater symbol of your status than an investment property in central London. Average London house price stands at £605,437 according to Zoopla; it’s a pricey place to be, not least in the most sought-after high net ...

Mortgage News: Top 5 London Buy To Let Hotspots For Rental Yield and Stamp Duty Saving

23-July-2020
23-July-2020 19:50
in News
by Jennifer Stevenson

On 8 July 2020 the Chancellor of the Exchequer announced an immediate “holiday” for Stamp Duty Land Tax (SDLT) until 31 March 2021, for owner-buyers of properties costing less than £500,000. The relief from standard stamp duty also applies to landlord buyers and overseas investors...

What mortgage protection do I need?

22-July-2020
22-July-2020 12:23
in Mortgage
by Jennifer Stevenson

When we sign on the line for a new mortgage, taking out a mortgage protection policy isn’t usually the first thing we think of buying. But there are plenty of of good reasons why it ought to be. Buying a sofa for the new sitting room is a more exciting purchase to consider. But the ...

News: Our Top Five Considerations for a Post-Covid 19 BTL Market

15-July-2020
15-July-2020 15:54
in News
by Admin

The housing market is moving once again – both for those looking to buy and looking to rent. For a prospective landlord looking to purchase a buy to let property, there are the traditional considerations you might be making in order to maximise the amount of rental return: number of rooms, lo...

News: The Return of 90 Percent LTV Mortgages

15-July-2020
15-July-2020 13:11
in News
by Admin

During the past few months, many platforms had previously removed their offers of higher LTV mortgages due to government lockdown restrictions impacting the housing market. This has, for many, restricted their ability to buy – especially for first time buyers – as they did not have suff...

News: How Will The Stamp Duty Holiday Impact the UK Property Market?

08-July-2020
08-July-2020 15:12
in News
by Admin

Rishi Sunak has just made the much-anticipated announcement today as part of his summer statement: UK house buyers are to receive a stamp duty holiday on properties up to £500,000, which will last until March 31st 2021. This change will take place with immediate effect. What exactly is st...