Wednesday, March 25th, 2020
According to research released by Moneyfacts (a company that compiles data that is used throughout the UK Financial Industry), prior to the COVID-19 pandemic, those borrowers or potential homeowners with small deposits now have more product choice than they have had for nearly 12 months. 95% Mortgages This is great news for homebuyers who are […]
More »Wednesday, February 26th, 2020
A recent report issued by the Finance and Leasing Association (FLA) indicated that in the 12 months to the end of November 2019 the total number of new second charge mortgages issued was in excess of 27,700, which represented a 19 percent increase. Furthermore, the total amount advanced during the same period was approximately £1.2bn, […]
More »Friday, January 24th, 2020
In a recent report from Perrys Chartered Accountants, approximately three out of four people surveyed indicated that despite what many viewed as a stagnant property market, the buy to let sector still represented a very real investment opportunity.** Interestingly, of the millennials surveyed, the percentage was slightly higher with around 80% agreeing that the buy […]
More »Friday, December 6th, 2019
The injection of capital from parents and grandparents to help the younger generations get onto or climb the property ladder appears to have become ‘par for the course’ in today’s climate, but who is providing professional mortgage advice to those giving this financial support? Mortgage advisers could easily find themselves in a difficult position where […]
More »Friday, November 22nd, 2019
According to research carried out recently by YouGov (the British international internet-based market research and data analytics firm, headquartered in the UK), approximately 1.25m people who were categorised as ‘credit impaired’ or having ‘adverse credit’ are considering purchasing a property during the next 12 months. The terms ‘credit impaired mortgage’ and ‘adverse credit mortgage’ are […]
More »Friday, October 25th, 2019
Despite the fact that for a number of years second charge mortgages have now been under the same regulatory framework as mortgages, many advisers still regard the use of the former as an option that they will only explore if a remortgage or further advance from the existing mortgage provider is not possible. Consider all […]
More »Tuesday, September 24th, 2019
According to data collected by specialist lender Precise Mortgages for the second quarter of 2019, Houses of Multiple Occupation (“HMOs”) returned rental yields of approximately 6.3 per cent when compared to the market average for all buy to let property which was around 5.5 per cent. Although there may be many reasons that drive more […]
More »Tuesday, September 24th, 2019
So how do buy to let mortgages really work? A buy-to-let mortgage is a loan for the intended purpose of purchasing a property which you will then let out. The main difference between buy to let mortgages and residential owner-occupier mortgages is that the amount mortgage providers are willing to lend is also dependent on […]
More »Thursday, August 22nd, 2019
According to a recent survey undertaken by Legal Marketing Services Ltd (“LMS”; a principal provider of conveyancing services to the housing industry), the current uncertainty surrounding Brexit and the prevailing UK economic climate is one of the main reasons why mortgage brokers have recorded a significant increase in the number of borrowers seeking professional advice […]
More »Tuesday, July 30th, 2019
According to a report released recently by the Intermediary Mortgage Lenders Association (IMLA), entitled “Buy to Let at a crossroads”, the buy to let industry has had to absorb some significant regulatory and taxation changes in recent years. Use a Specialist Buy to Let Mortgage Broker Given these complex changes, landlords may choose to utilise […]
More »Caboodle Financial Services Ltd
SQ2 House
240B Lichfield Road
Four Oaks
Sutton Coldfield B74 2UD
Telephone: 0121 308 9114