Bridging finance has quite distinct and individual features offering some very useful advantages over other types of secured funding.
The terms are flexible from one month upwards, which allows you to structure the loan to your requirements, and can often be arranged quickly with an agreement possible within 2 hours and the funds available in one or two weeks if the circumstances fit. Continue reading What can Bridging finance be used for?
Homes under the hammer are still knocking up strong sales with almost 2,500 properties changing hands for £282 million.
Around 70% of all homes up for auction were sold, according to the latest UK auction statistics for September from EI Group.
The number of lots sold were up from 3,450 (3.8%) on a year ago, while the total cash raised was up 11.3% from £254 million. Continue reading Auction Homes Still Selling at 30% Below Market Value
It was 1992, we were at the tail of the property crash of the late 80’s and early 90’s. I was still cutting my teeth in the market of providing commercial finance broking facilities to property investors. The phrase buy to let would not be invented for another four years and the internet was in its infancy. Property prices had fallen by 30% and interest rates had soared to 15%.
Continue reading The history of No Money Down and Instant Remortgages since 1992