Building on the success of a property business involves much more than managing tenants in rental homes.
Many investors start to lose a grip of their property business once they have two or three successful property transactions under their belt and their portfolio starts to grow. Continue reading What sort of property business do you run? This is the first in a series of articles that we will be running in Landlord News explaining how to optimise the ownership structure of your property business for tax purposes
Independent mortgage advisers have thousands more loan products to choose from across the market than direct providers like banks and building societies.
Independents could source mortgages for clients from an August average of 4,545 products – up 19% from a July average of 3,807 – while direct lenders could select from a restricted range of 1,505 loans – up 7% from the 1,401 available in July. Continue reading Brokers break the banks for mortgage choice. PR based report from Trigold Crystal, a software company providing mortgage sourcing software for brokers
Property investors and small businesses are finding problems borrowing as banks and finance institutions have slashed lending by about £13 billion.
The latest annual lending survey by the National Association of Commercial Finance Brokers (NACFB) shows about £20 billion a year was available for businesses to borrow in the mid-2000s and this has slipped by around 66% to the current £7 billion a year. Continue reading Don’t bank on the high street lenders to finance your business. The Chief Executive of the National Association of Commercial Finance Brokers speaks out following a survey of members regarding the true state of the market