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

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

19-October-2020
19-October-2020 9:59
in Bridging
by Jennifer Stevenson
Bridging Loan To Buy A House - Example Of How It Works

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 ...

How to get a UK expat mortgage

How to get a UK expat mortgage

18-October-2020
18-October-2020 14:04
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 here and take advantage of the exchange rate on the pound, record-low UK interest rates, and good-value property prices.  You have long-standing ...

News: Housing Market Trends for Autumn 2020

News: Housing Market Trends for Autumn 2020

16-October-2020
16-October-2020 9:51
in Private clients
by Jennifer Stevenson
News: Housing Market Trends for Autumn 2020

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

Living In Thailand? How To Get A UK Expat Mortgage

15-October-2020
15-October-2020 23:51
in Private clients
by Jennifer Stevenson
Living In Thailand? How To Get A UK Expat Mortgage

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

Living In Spain: How To Get A UK Expat Mortgage

15-October-2020
15-October-2020 23:34
in Private clients
by Jennifer Stevenson
Living In Spain: How To Get A UK Expat Mortgage

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

Expat Living in Europe? How To Get A UK Mortgage

15-October-2020
15-October-2020 19:52
in Private clients
by Jennifer Stevenson
Expat Living in Europe? How To Get A UK Mortgage

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

How To Get A Bridging Loan For A London Property

14-October-2020
14-October-2020 9:06
in Bridging
by Jennifer Stevenson
How To Get A Bridging Loan For A London Property

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?

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

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

News: September House Price Spike

07-October-2020
07-October-2020 15:22
in News
by Admin
News: September House Price Spike

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

News: Green Homes Grant Launches for Eco-Friendly Renovation

02-October-2020
02-October-2020 10:31
in News
by Admin
News: Green Homes Grant Launches for Eco-Friendly Renovation

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

Sell and Upsize Your Home or Renovate - Your Finance Options

01-October-2020
01-October-2020 11:36
in Mortgage
by Admin
Sell and Upsize Your Home or Renovate - Your Finance Options

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

News: The Rising Tide of Tenant Demand

30-September-2020
30-September-2020 9:18
in News
by Admin
News: The Rising Tide of Tenant Demand

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

How To Get A Private Bank Mortgage

30-September-2020
30-September-2020 3:00
in Private clients
by Jennifer Stevenson
How To Get A Private Bank Mortgage

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

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

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...

HMO Mortgages – How To Finance An HMO Property

HMO Mortgages – How To Finance An HMO Property

28-September-2020
28-September-2020 10:33
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 ...

How to remortgage a buy to let portfolio

How to remortgage a buy to let portfolio

28-September-2020
28-September-2020 10:29
in Mortgage
by Jennifer Stevenson
How to remortgage a buy to let portfolio

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...

Mortgages for doctors: finance to suit the medical profession

Mortgages for doctors: finance to suit the medical profession

24-September-2020
24-September-2020 12:24
in Private clients
by Jennifer Stevenson
Mortgages for doctors: finance to suit the medical profession

Significant investment in your career, with training contracts lasting into your mid-30s, diverse career paths and complex earnings… doctors face particular challenges when it comes to applying for mortgages. For NHS employees, doctors, consultants and allied health professionals wanting to ...

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

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

23-September-2020
23-September-2020 16:50
in News
by Admin
News: How to Use Bridging to Beat the Buy to Let Competition

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

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
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 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

Flexible 24-month Alternative Bridging Loans Over £500K

16-September-2020
16-September-2020 19:38
in Bridging
by Jennifer Stevenson
Flexible 24-month Alternative Bridging Loans Over £500K

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

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

16-September-2020
16-September-2020 14:29
in News
by Admin
News: UK’s Top Ten Rental Yield Hotspots for Landlords

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?

Can I borrow more on my mortgage?

16-September-2020
16-September-2020 11:04
in Mortgage
by Admin
Can I borrow more on my mortgage?

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

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

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

Mortgages and Credit Scores: What You Need To Know

08-September-2020
08-September-2020 9:39
in Mortgage
by Admin
Mortgages and Credit Scores: What You Need To Know

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...

Latest Mortgage & Short Term Finance Deals

Latest Mortgage & Short Term Finance Deals

02-September-2020
02-September-2020 12:13
in News
by Admin
Latest Mortgage & Short Term Finance Deals

Autumn is here and its not just the leaves that are falling. We have put together some of the deals that we have recently placed and are currently available to our clients as at 2/09/2020.   Remortgage (Interest only available) 5 Year Fixed: 1.42% APR initial rate (reverts to 3.59% after f...

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

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

01-September-2020
01-September-2020 13:25
in News
by Admin
News: Recession Proof Buy to Let Property Hotspots for UK Landlords

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

UK Mortgage For US Citizens Buying Property In London

26-August-2020
26-August-2020 14:09
in International
by Jennifer Stevenson
UK Mortgage For US Citizens Buying Property In London

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-...

News: Best Stamp Duty Savings Inside London

News: Best Stamp Duty Savings Inside London

26-August-2020
26-August-2020 9:47
in News
by Admin
News: Best Stamp Duty Savings Inside London

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?

How do Joint mortgages work?

25-August-2020
25-August-2020 13:28
in Mortgage
by Admin
How do Joint mortgages work?

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

Bridging Loan Costs: A Complete Guide to Rates & Fees

20-August-2020
20-August-2020 13:20
in Bridging
by Jennifer Stevenson
Bridging Loan Costs: A Complete Guide to Rates & Fees

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

News: Best Stamp Duty Savings Outside London

18-August-2020
18-August-2020 14:34
in News
by Admin
News: Best Stamp Duty Savings Outside London

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

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

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

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

12-August-2020
12-August-2020 17:36
in News
by Admin
News: Sharp Rise in Property Transactions Follows Stamp Duty Holiday Announcement

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

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

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

News: Our Top Four London Hotspots for HNW Buyers

05-August-2020
05-August-2020 16:33
in News
by Admin
News: Our Top Four London Hotspots for HNW Buyers

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

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

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?

What mortgage protection do I need?

22-July-2020
22-July-2020 12:23
in Mortgage
by Jennifer Stevenson
What mortgage protection do I need?

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

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

15-July-2020
15-July-2020 15:54
in News
by Admin
News: Our Top Five Considerations for a Post-Covid 19 BTL Market

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

News: The Return of 90 Percent LTV Mortgages

15-July-2020
15-July-2020 13:11
in News
by Admin
News: The Return of 90 Percent LTV Mortgages

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?

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

08-July-2020
08-July-2020 15:12
in News
by Admin
News: How Will The Stamp Duty Holiday Impact the UK Property Market?

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...

How To Get A UK Expat Buy To Let Mortgage

How To Get A UK Expat Buy To Let Mortgage

03-July-2020
03-July-2020 18:50
in International
by Jennifer Stevenson
How To Get A UK Expat Buy To Let Mortgage

Finance has become a bit more complicated in recent years for British expats who want to buy or remortgage a rental property in the UK. But there ARE solutions.  A number of changes have affected the buy-to-let mortgage market in the UK, which had the effect of reducing the numbers of l...

How to get a business loan

How to get a business loan

16-June-2020
16-June-2020 23:25
in Commercial
by Jennifer Stevenson
How to get a business loan

Building up stock, refitting premises, buying vehicles... if your business is going to grow and thrive you'll need more finance than you can generate from turnover. We can help you get it. "A big business starts small" says one lauded British entrepreneur who started his business career sellin...

How can I get an interest-only mortgage?

How can I get an interest-only mortgage?

16-June-2020
16-June-2020 13:23
in Mortgage
by Jennifer Stevenson
How can I get an interest-only mortgage?

Minimise your monthly payments and free up your cash for other priorities: school fees, supporting a growing business, or other investments.  It all sounds very attractive. And increasing numbers of lenders are now offering interest-only mortgages. But is this the right kind of borrowing for y...

How Fast Can I Get a Bridging Loan

How Fast Can I Get a Bridging Loan

02-June-2020
02-June-2020 11:45
in Bridging
by Jennifer Stevenson
How Fast Can I Get a Bridging Loan

When the property market’s strong, cash buyers are typically in pole position to acquiring in-demand property.   And when the market is nervous, and fewer properties are coming up for sale, sellers may be willing to discount – but they will only want to consider fully-qualified b...

Business as usual: property finance that can proceed without site visit valuations

Business as usual: property finance that can proceed without site visit valuations

30-April-2020
30-April-2020 23:28
in Mortgage
by Jennifer Stevenson
Business as usual: property finance that can proceed without site visit valuations

Trades and professions supporting the property industry are working hard to adapt to the "work from home" business environment. And amongst those having to urgently re-think work practices are surveyors. By definition carrying out on-site property valuations is not work you can do from home. And mo...

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

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

30-April-2020
30-April-2020 23:22
in International
by Jennifer Stevenson
Living In Dubai? 4 Ways A British Expat Can Get A UK Mortgage

A generous expat salary: tax-free. British banks should be falling over themselves to offer you a mortgage on a UK property. But getting an expat mortgage on property in the UK isn’t always straightforward, and there can be additional problems when you’re an expat living and working...

News: Giving Your Commercial Tenants a Rent Holiday

News: Giving Your Commercial Tenants a Rent Holiday

25-March-2020
25-March-2020 10:13
in News
by Admin
News: Giving Your Commercial Tenants a Rent Holiday

The way British society looks has changed quickly in the past week and a half. Following government emergency measures announced on Monday 24th March 2020, all non-essential shops and companies should close including gyms, schools and businesses. This will obviously be a difficult time for many bu...

Finance to convert hotels, guesthouses and B&Bs

Finance to convert hotels, guesthouses and B&Bs

25-March-2020
25-March-2020 0:47
in Development
by Jennifer Stevenson
Finance to convert hotels, guesthouses and B&Bs

Proactive owners of empty and underoccupied holiday accommodation are acting fast to stem their outgoings and transform their properties into profit-generating assets. Conversion and change of use is seen as the fast and achievable solution at a time when sales of hospitality businesses are de...

How To Get A UK Mortgage If You’re A UK National Living In Guernsey

How To Get A UK Mortgage If You’re A UK National Living In Guernsey

24-March-2020
24-March-2020 18:12
in International
by Jennifer Stevenson
How To Get A UK Mortgage If You’re A UK National Living In Guernsey

Your generously flat-rate-taxed income gives you buying-power that can be sadly under-utilised in the very limited property market on the island. Many Medium and Long Term employee residents look to build a property portfolio back on the mainland. With only 1,600 properties available for purchase t...

Can I borrow against a property with no mortgage?

Can I borrow against a property with no mortgage?

24-March-2020
24-March-2020 16:36
in Mortgage
by Jennifer Stevenson
Can I borrow against a property with no mortgage?

Many homeowners are looking to access cash to help get through extraordinary circumstances: loss of employment, business closure, children in difficulty with their home payments… Or they may have the opportunity to do home improvements or build an extension – and they want to get on wi...

How much deposit do I need for a property in London?

How much deposit do I need for a property in London?

24-March-2020
24-March-2020 16:03
in Mortgage
by Admin
How much deposit do I need for a property in London?

The London property market is famed for being expensive and slow; buyers need to have sufficient income and deposit in order to secure a property in this high-demand location. So it’s no surprise that you’ll need a higher income to buy here as property values are higher. Your savings a...

How To Remortgage a Residential Home To A New Lender

How To Remortgage a Residential Home To A New Lender

24-March-2020
24-March-2020 11:53
in Mortgage
by Admin
How To Remortgage a Residential Home To A New Lender

If your fixed term mortgage deal has come to an end, you could remortgage to release some cash. Shopping around mortgage providers will save you thousands.  No-one looks forward to spending hours on the phone to banks or building societies, or comparing the fine-print of mortgage offers. In t...

Spouse visa: how to get a UK mortgage

Spouse visa: how to get a UK mortgage

23-March-2020
23-March-2020 17:21
in International
by Jennifer Stevenson
Spouse visa: how to get a UK mortgage

Are you a foreign national, or is your partner a non-UK-citizen, and you’re looking for a joint (or solo) mortgage in the UK? It is possible – but you’ll need experienced advice and contacts. Or you may, like some of our clients, be hoping to exclude your non-UK citizen partner fr...

NEWS: Exchange rates boost influx of US dollar buyers for UK property

NEWS: Exchange rates boost influx of US dollar buyers for UK property

20-March-2020
20-March-2020 20:01
in International
by Jennifer Stevenson
NEWS: Exchange rates boost influx of US dollar buyers for UK property

Clifton’s foreign-buyer finance specialist reports a recent flurry of interest from US-dollar investors in the British property market. Luther Yeates, Senior Finance Broker at Clifton Private Finance, says a sustained drift in exchange rates over the past fortnight has favoured American buyer...

News: Landlords with Buy To Let Mortgages To Be Protected Via 3 Month Repayment Holiday As Government Sets Out Emergency Restrictions on Evictions Due to Covid-19

News: Landlords with Buy To Let Mortgages To Be Protected Via 3 Month Repayment Holiday As Government Sets Out Emergency Restrictions on Evictions Due to Covid-19

20-March-2020
20-March-2020 14:15
in News
by Admin
News: Landlords with Buy To Let Mortgages To Be Protected Via 3 Month Repayment Holiday As Government Sets Out Emergency Restrictions on Evictions Due to Covid-19

With the majority of Britons socially-isolating, there has been much discussion about what implications this has for tenants and landlords like. Renters who don't work in jobs they can do at home are at risk of quickly falling behind on their rent payments and possibly losing their homes. On March ...

News: Mortgages – BOE Drop Base Rate Again To 0.1 Percent In Shock Cut

News: Mortgages – BOE Drop Base Rate Again To 0.1 Percent In Shock Cut

19-March-2020
19-March-2020 15:38
in News
by Admin
News: Mortgages – BOE Drop Base Rate Again To 0.1 Percent In Shock Cut

Coronavirus is spreading quickly throughout the world and the effect on our economy is already being seen – with a particular effect on tracker mortgage rates which are currently hitting an all-time low. What's happening? In an unprecedented move the base rate has been cut further to 0.1%. ...

Can I get a mortgage if I don't live in the UK?

Can I get a mortgage if I don't live in the UK?

19-March-2020
19-March-2020 15:25
in International
by Jennifer Stevenson
Can I get a mortgage if I don't live in the UK?

You may be living alongside Singapore’s Buddha Tooth Temple, in Dubai’s Mirdif or Frankfurt’s Nordend, but still want to buy property in the UK. Is it possible to get finance? Yes, indeed. Frustrated overseas mortgage applicants usually come to us after they’ve been rejecte...

NEWS: Coronavirus Moves Property Auctions Online

NEWS: Coronavirus Moves Property Auctions Online

19-March-2020
19-March-2020 11:40
in News
by Admin
NEWS: Coronavirus Moves Property Auctions Online

Are you a developer or investment bargain hunter looking for a hammer-fall property at auction? Worried that the coronavirus pandemic might scupper your plans?  Take heart, and read on: Despite the UK Government banning larger gatherings from 16th March onwards in an attempt to curb the spre...

News: How Could a Mortgage Holiday Work for You?

News: How Could a Mortgage Holiday Work for You?

18-March-2020
18-March-2020 11:25
in News
by Admin
News: How Could a Mortgage Holiday Work for You?

Last week we reported on our new chancellor’s Budget, and this week he is returning to the headlines with property news resulting from the economic strain caused by Coronavirus. What’s happening? In a press conference yesterday (Tuesday 17th March 2020) the newly-minted chancello...

What proof of income do I need to get a mortgage?

What proof of income do I need to get a mortgage?

18-March-2020
18-March-2020 0:40
in Mortgage
by Jennifer Stevenson
What proof of income do I need to get a mortgage?

This ought to be the easy part of a mortgage application. And for UK-based PAYE salary earners (an increasingly rare breed) documenting your earnings is fairly straightforward. But for everyone else, from self-employed and contract workers, to company directors, barristers, expats and seafarers, yo...

News: Budget Announces 2 Percent Increase in Non-UK Buyer Stamp Duty

News: Budget Announces 2 Percent Increase in Non-UK Buyer Stamp Duty

13-March-2020
13-March-2020 13:40
in News
by Admin
News: Budget Announces 2 Percent Increase in Non-UK Buyer Stamp Duty

Wednesday 11th March 2020 saw Rishi Sunak stand at a podium in the House of Commons and give the rundown of the official Government Budget for the coming year. Billed as the Corona Budget, buried in the detail were the significant changes for the housing market: the increase in Stamp duty for non-U...

NEWS: Bank of England Base Rate Drop Creates Cheapest Borrowing for HNW Self-Builds

NEWS: Bank of England Base Rate Drop Creates Cheapest Borrowing for HNW Self-Builds

12-March-2020
12-March-2020 12:17
in Private clients
by Admin
NEWS: Bank of England Base Rate Drop Creates Cheapest Borrowing for HNW Self-Builds

What’s happening? In response to the increasing coronavirus outbreak in the UK, the Bank of England has responded by dramatically cutting their base rate from 0.75% to 0.25% which is considered to be an emergency measure to help support the economy through the financial disruption caused by t...

Applying for retrospective planning permission: is it worth the risk?

Applying for retrospective planning permission: is it worth the risk?

09-March-2020
09-March-2020 18:45
in Development
by Jennifer Stevenson
Applying for retrospective planning permission: is it worth the risk?

In the last three years almost 40,000 applications for retrospective planning permission have been made in the UK. You may have made an honest mistake during building works and only realised afterwards that you needed permission. Or you may have discovered that you can’t sell your house unless...

News: Feb 2020 Data Shows The Boris Bounce Comes Good at 2.3 Percent

News: Feb 2020 Data Shows The Boris Bounce Comes Good at 2.3 Percent

05-March-2020
05-March-2020 10:40
in News
by Admin
News: Feb 2020 Data Shows The Boris Bounce Comes Good at 2.3 Percent

In January, we reported a predicted a 2.3% rise in house prices –  the much-vaunted "Boris Bounce", likely due to the political stability afforded post-December. Now, just over a month later we are seeing this prediction come true. What's the data saying?  Strong information from ...

Bridging Finance: 7 Ways To Win A Property Deal

Bridging Finance: 7 Ways To Win A Property Deal

05-March-2020
05-March-2020 10:17
in Bridging
by Jennifer Stevenson
Bridging Finance: 7 Ways To Win A Property Deal

Don’t wait around for a standard mortgage to come through. Fast, short-term finance is the secret weapon in the pocket of determined property buyers who don’t want to miss out on the unmissable opportunity. 1  Break the mortgage chain  Save the deal when a buyer pulls out at ...

Can I get a holiday let mortgage?

Can I get a holiday let mortgage?

04-March-2020
04-March-2020 10:55
in Mortgage
by Jennifer Stevenson
Can I get a holiday let mortgage?

Why wouldn’t you want to rent out your prime-demand property as a holiday let, and earn in a few weeks what a longer-term tenant would pay over a year? Well, getting mortgage finance has been a bit of a stumbling block: lots of lenders aren’t happy with the dramatic variations in rental...

NEWS: Two-Thirds Remortgage Via Broker in 2019

NEWS: Two-Thirds Remortgage Via Broker in 2019

27-February-2020
27-February-2020 11:38
in News
by Admin
NEWS: Two-Thirds Remortgage Via Broker in 2019

Remortgages rose in 2019 by 4.2% according to a new report from LMS, one of the UK’s leading conveyancing management services - and the majority of these remortages are achieved via a brokering service according to latest data. By going through a broker service you get the benefit of expert...

News: Top Ten UK Investment Property Hotspots for 2020 For Developers

News: Top Ten UK Investment Property Hotspots for 2020 For Developers

24-February-2020
24-February-2020 10:11
in News
by Admin
News: Top Ten UK Investment Property Hotspots for 2020 For Developers

With spring on the horizon, it’s not just the property market which is set to heat up in the next few months. Tradespeople are also bracing themselves for a busy spring due to expectation of high volumes of work coming from developers snapping up properties in UK hotspots. Hamuch.com, reputa...

Our new low-cost development finance solution: more time – and cash – to finish a build project when other lenders have walked away

Our new low-cost development finance solution: more time – and cash – to finish a build project when other lenders have walked away

22-February-2020
22-February-2020 11:09
in Development
by Jennifer Stevenson
Our new low-cost development finance solution: more time – and cash – to finish a build project when other lenders have walked away

Mind the gap: are you running up against your end-of-funding deadline? Do you just need a few more weeks (or, realistically, a few more months) to get your project finished and sold – or refinanced onto a mortgage? But your current lender won’t extend your term… Welcome to the c...

News: Strong Market Predictions for Student Landlords in 2020

News: Strong Market Predictions for Student Landlords in 2020

21-February-2020
21-February-2020 9:12
in News
by Admin
News: Strong Market Predictions for Student Landlords in 2020

The student market for rental landlords continues to be a promising sector. Year after year new students arrive, fresh faced and with cars full of IKEA duvets and Tesco pans, ready to begin the years-long uphill climb towards their degrees. In key University cities all over the country, there is c...

NEWS: New Homes To Be 30 Percent Cheaper For Local First Time Buyers

NEWS: New Homes To Be 30 Percent Cheaper For Local First Time Buyers

14-February-2020
14-February-2020 11:54
in Mortgage
by Admin
NEWS: New Homes To Be 30 Percent Cheaper For Local First Time Buyers

The UK Government is launching a new scheme designed to give first time buyers a leg up onto the property ladder by offering a considerable discount. The “First Homes Scheme” is a new initiative for 2020 which, if successful, could be a huge help for first time buyers who are currently ...

How to get a joint mortgage with a non-UK national partner or spouse

How to get a joint mortgage with a non-UK national partner or spouse

13-February-2020
13-February-2020 21:13
in International
by Jennifer Stevenson
How to get a joint mortgage with a non-UK national partner or spouse

Couples where one partner is not a UK national are often keen to settle in and establish a home in Britain. But getting property finance can be a challenge. We have a strong track record in matching international clients with the lending they need. What are the issues for mixed-nationality couples ...

NEWS: Commercial Property Boom Forecast in 2020

NEWS: Commercial Property Boom Forecast in 2020

12-February-2020
12-February-2020 16:20
in News
by Admin
NEWS: Commercial Property Boom Forecast in 2020

A newly published study from financial specialist Together has predicted that 2020 will be the start of a two-year boom for the commercial property market.   Andrew Charley, head of corporate relationships at Together, underlined the growing confidence in business behind this prediction, ...

How to Get A Foreign National UK Mortgage

How to Get A Foreign National UK Mortgage

11-February-2020
11-February-2020 9:29
in International
by Admin
How to Get A Foreign National UK Mortgage

International investors buying a desirable home in London, or a high-yield rental property in regional UK, face a few more challenges than buyers who are British nationals.  An acceptable source currency for your mortgage payments, evidence of the source of your finance, and an estab...

News: Top 5 Property Hotspots for 2020 London Landlords

News: Top 5 Property Hotspots for 2020 London Landlords

06-February-2020
06-February-2020 12:37
in News
by Admin
News: Top 5 Property Hotspots for 2020 London Landlords

London property agents have reported that 2020 has kicked off to an excellent start. Activity in the property market has been busier than usual, as we reported earlier in the year in our news blog. Speaking specifically about the London market, experts are noticing a promising upward trend.   ...

UK Expat? How To Get an 80 percent LTV Buy To Let Mortgage for a UK Property

UK Expat? How To Get an 80 percent LTV Buy To Let Mortgage for a UK Property

05-February-2020
05-February-2020 17:10
in Private clients
by Jennifer Stevenson
UK Expat? How To Get an 80 percent LTV Buy To Let Mortgage for a UK Property

You’re brunching poolside in Abu Dhabi or Singapore and thinking: it can’t be too soon to start investing my no-tax (or low-tax) dirhams (or dollars) in property back home. You may already have your eye on an apartment with strong tenant-appeal in Manchester’s Mayfield, or Bi...

News: Reported Delays in Home Selling, and How Bridging Loans Can Help

News: Reported Delays in Home Selling, and How Bridging Loans Can Help

05-February-2020
05-February-2020 16:56
in News
by Admin
News: Reported Delays in Home Selling, and How Bridging Loans Can Help

Are you expecting it to take eight and half months for your house to sell? That's the alarming prospect raised by a new study of house sale completion times. Moving house is recognised to be one of the most stressful life events we have to cope. Not least for homeowners waiting for the sale of the...

News: Upswing in Auction Property Buying in 2019 for Developers

News: Upswing in Auction Property Buying in 2019 for Developers

29-January-2020
29-January-2020 17:00
in News
by Admin
News: Upswing in Auction Property Buying in 2019 for Developers

It appears more and more Britons are feeling inspired by Homes Under the Hammer, as Auction House are reporting good numbers for their 2019 sales. Their director confidently projects that this will continue into 2020, which is excellent news for developers or prospective developers looking to expan...

Mixed Use Property? How To Get A Mortgage

Mixed Use Property? How To Get A Mortgage

28-January-2020
28-January-2020 19:32
in Commercial
by Jennifer Stevenson
Mixed Use Property? How To Get A Mortgage

Are you considering buying a shop or office premises with a flat above? Or a one-time pub with landlord’s accommodation? You’ll be needing a different type of mortgage finance. Most property owners who are thinking of venturing into property investment for the first time (to generate a ...

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

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

27-January-2020
27-January-2020 14:35
in News
by Admin
NEWS: Top 3 Postcodes for Buy-To-Let 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 November 2019, house prices in Wales had risen 7.8% higher compared to 2018. Knight Frank Research forecasts that between 2019-2024, the cumulative UK rental growth in ...

What Is Commercial Property Finance? How Much Can You Borrow?

What Is Commercial Property Finance? How Much Can You Borrow?

23-January-2020
23-January-2020 18:52
in Commercial
by Jennifer Stevenson
What Is Commercial Property Finance? How Much Can You Borrow?

Debt-free is good. But business success requires access to finance so you can seize opportunities, or stay ahead of the market. What is commercial finance? Commercial loan terms can apply to borrowing by individuals or a company to buy commercial premises, or borrowing by businesses. Cautious bus...

NEWS: A Sharp Upturn in London Property Buyer Enquiries

NEWS: A Sharp Upturn in London Property Buyer Enquiries

23-January-2020
23-January-2020 14:47
in News
by Admin
NEWS: A Sharp Upturn in London Property Buyer Enquiries

The housing market competition in London is heating up in 2020.  Knight Frank are reporting that the registration of buyers interested in London properties saw a sharp spike in the second week in January 2020. January normally sees an increase, this is an unprecedented rise, being 92% higher ...

Bridging Loans: How Much Can I Borrow?

Bridging Loans: How Much Can I Borrow?

22-January-2020
22-January-2020 9:58
in Bridging
by Admin
Bridging Loans: How Much Can I Borrow?

Do you need a short-term finance solution to inject cash quickly without the waiting time of traditional longer-term borrowing? Wondering how much you would be eligible to borrow?   Short-term finance such as bridging loans can be a very helpful form of finance for the right borrower, dependi...

NEWS: a 2.3 percent Boris Bounce for property developers?

NEWS: a 2.3 percent Boris Bounce for property developers?

21-January-2020
21-January-2020 11:21
in News
by Admin
NEWS: a 2.3 percent Boris Bounce for property developers?

The start of 2020 has kicked off with a noticeable Boris Bounce in the housing market, with the Times reporting that house prices have risen 2.3% rise since polling day in December. Is this a blip, or a new direction of travel for the market?    This was predicted by industry experts imm...

Aged 70 Plus? How To Get A Mortgage

Aged 70 Plus? How To Get A Mortgage

14-January-2020
14-January-2020 15:17
in Mortgage
by Jennifer Stevenson
Aged 70 Plus? How To Get A Mortgage

Taking on a new mortgage at the age of 75 (or 78, or 80…) might not be how you thought property ownership would look when you first bought a home 30 years ago or more. But for most people retirement doesn’t look anything like it did 30, or even 20, years ago: We have many more...

Bridging loans: how do they work?

Bridging loans: how do they work?

09-January-2020
09-January-2020 17:34
in Bridging
by Admin
Bridging loans: how do they work?

Bridging loans are a very useful form of finance for people looking for a short-term loan. They can be really useful for someone looking to "bridge the gap" during a financial transaction. Here at Clifton Private Finance, we specialise in the procurement of bridging loans for borrowers who want to b...

How To Get A Property Development Bridging Loan

How To Get A Property Development Bridging Loan

03-January-2020
03-January-2020 17:37
in Development
by Jennifer Stevenson
How To Get A Property Development Bridging Loan

There are various short-term finance options which could suit your development project. But most of them aren’t available from high street banks, and you won’t find them on price comparison websites. Site availability, good design, a dependable building team with strong projec...

How to get AirBnB buy to let mortgage finance

How to get AirBnB buy to let mortgage finance

29-December-2019
29-December-2019 13:14
in Mortgage
by Jennifer Stevenson
How to get AirBnB buy to let mortgage finance

With UK rental returns shrinking for the first time in five years, BTL landlords are looking at Airbnb-style short-term lets for higher yields. Current Zoopla data shows that the average monthly rent for a one-bedroom flat in London is £1,618, while the same property can earn the same return ...

Online bridging loan calculator: how to get the best short-term finance deal

Online bridging loan calculator: how to get the best short-term finance deal

17-December-2019
17-December-2019 12:13
in Bridging
by Jennifer Stevenson
Online bridging loan calculator: how to get the best short-term finance deal

A bridging loan is now a mainstream form of property finance. The key question is: what are the fees and charges involved, and how much will it cost you? Our online bridging calculator, below, will give you an instantaneous answer, so you can decide if this is a finance option you want to follow up...

Get a bridging loan to buy and renovate a property to sell

Get a bridging loan to buy and renovate a property to sell

12-December-2019
12-December-2019 19:25
in Bridging
by Jennifer Stevenson
Get a bridging loan to buy and renovate a property to sell

Purchasing and developing a property with a view to selling it on can provide healthy returns: if you have affordable finance, buy at the right price, and manage your refurbishment costs carefully. If you don’t have a significant private funds at your disposal and you’ve found...

UK mortgages for South African residents: expats and SA nationals

UK mortgages for South African residents: expats and SA nationals

05-December-2019
05-December-2019 11:03
in International
by Jennifer Stevenson
UK mortgages for South African residents: expats and SA nationals

We can set up property finance for expat British nationals working in South Africa, as well as Britons and South Africans working for SA corporations in the UK and paid in rand, and South African nationals not resident in the UK. The stability and profitability of the British property market has be...

UK mortgages for UK expats in Saudi Arabia, and Saudi nationals

UK mortgages for UK expats in Saudi Arabia, and Saudi nationals

02-December-2019
02-December-2019 18:40
in International
by Jennifer Stevenson
UK mortgages for UK expats in Saudi Arabia, and Saudi nationals

We’re experienced in arranging finance for UK property purchases for British nationals living in Saudi Arabia, and any buyers with income in riyals. Are you: A UK national / British citizen fulltime resident and working in  Saudi Arabia and looking for expat finance A UK nation...

British expat? Yes, we can get you a UK mortgage

British expat? Yes, we can get you a UK mortgage

29-November-2019
29-November-2019 9:40
in International
by Jennifer Stevenson
British expat? Yes, we can get you a UK mortgage

The work-hard play-hard expat lifestyle is hard to beat. But you probably want to put your earning-power to work in the property market. And your dollars and dirham will go much further in the UK than in most expat relocation hotspots. Whether you're looking for a straight-up investm...

Property development project behind schedule? How to refinance to avoid penalty rates

Property development project behind schedule? How to refinance to avoid penalty rates

28-November-2019
28-November-2019 16:37
in Development
by Jennifer Stevenson
Property development project behind schedule? How to refinance to avoid penalty rates

Good planning and rigorous project management can’t insure against a month of torrential rain, or a key supplier failing to deliver. A third of the UK construction industry professionals surveyed by Cornerstone Projects in 2017 reported delays costing up to 10% of project costs. More t...

Moving To Germany? Use A Bridging Loan To Fund Your Home Purchase Quickly

Moving To Germany? Use A Bridging Loan To Fund Your Home Purchase Quickly

28-November-2019
28-November-2019 9:40
in International
by Admin
Moving To Germany? Use A Bridging Loan To Fund Your Home Purchase Quickly

If you’re relocating to Europe you need to be able to complete a purchase quickly to secure your new home. Waiting for your UK property to sell involves rental, storage and double-removal costs, and makes the whole process more stressful and uncertain. Congratulations on joining the 100,000+ ...

Getting a UK mortgage as a British expat: what are my chances?

Getting a UK mortgage as a British expat: what are my chances?

28-November-2019
28-November-2019 9:39
in International
by Jennifer Stevenson
Getting a UK mortgage as a British expat: what are my chances?

When you were in the UK, lenders were tripping over themselves to offer you a mortgage to buy your home. But now you’re living and working overseas (with a higher salary, and a living allowance – thanks!), and you want to remortgage that house. Or you want to buy somewhere in the U...

How To Get A Renovation Mortgage

How To Get A Renovation Mortgage

27-November-2019
27-November-2019 9:39
in Mortgage
by Jennifer Stevenson
How To Get A Renovation Mortgage

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 UK Mortgage For British Expats Living In Dubai

How To Get A UK Mortgage For British Expats Living In Dubai

26-November-2019
26-November-2019 9:39
in International
by Jennifer Stevenson
How To Get A UK Mortgage For British Expats Living In Dubai

The sterling buying-power of the dirham combined with a national housing shortage in the UK: the British property market is a natural choice for expats living and working in Dubai who want to lock away some capital and possibly earn rental income. 3 common reasons why people buy UK property while ...

How To Get A Large Mortgage Loan

How To Get A Large Mortgage Loan

25-November-2019
25-November-2019 9:38
in Private clients
by Jennifer Stevenson
How To Get A Large Mortgage Loan

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 pric...

Looking for property finance on the Cote d'Azur? How to access mortgage and short-term development funding

Looking for property finance on the Cote d'Azur? How to access mortgage and short-term development funding

24-November-2019
24-November-2019 9:38
in International
by Jennifer Stevenson
Looking for property finance on the Cote d'Azur? How to access mortgage and short-term development funding

Owning property on the Côte d'Azur, or the French Riviera (as it’s known to the English) buys a share in the most famous address in the world. From Saint-Tropez to Cannes, Juan-Les-Pins, Antibes, Nice, Cap-Ferrat and Monte Carlo, these are the most desirable villas and apartments it's po...