Monday, May 27th, 2019
According to recent figures released by the FLA (Finance & Leasing Association), the year-on-year comparison for second charge mortgage lending increased 31% by volume between March 2018 and March 2019, the highest growth rate for over 10 years. Here at Caboodle Finance, we believe that there are several factors which are likely to have significantly […]
More »Wednesday, April 24th, 2019
In recent years, some mortgage lenders have increased the term over which a mortgage can be taken to up to a maximum of 40 years, whilst others have also taken the decision to increase the maximum age by which a mortgage must be repaid. Lower monthly payments, but at a price… At first glance, it […]
More »Friday, March 22nd, 2019
The latest UK Finance figures indicate there has been a year-on-year reduction across the board for buy to let lending. No matter which parameters you look at, be it the number of mortgages, the total amount of lending or even the number of new properties purchased as a buy to let property, all show a significant […]
More »Thursday, February 28th, 2019
When you consider the amount of the jargon used by some in the industry concerning mortgages, property and the related legal aspects of a purchase, it is, on reflection, not surprising that many first-time buyers then struggle to fully understand the process, and data recently released by mortgage lender Aldermore certainly seems to confirm this. […]
More »Thursday, January 31st, 2019
It has become apparent in recent months that the second charge mortgage market is evolving in many different directions, particularly regarding lending on a buy-to-let property. In our experience, an increasing number of existing landlords are using a second charge on their buy-to-let property in order to raise capital. Raising capital on a buy to […]
More »Monday, December 17th, 2018
Here at Caboodle Finance, we believe that as many UK mortgage borrowers are now paying interest at their lenders’ standard variable rate, the decision of whether to stick with that lender or switch to another is becoming ever more important. SVR at it’s highest level since 2009. Recent research by Moneyfacts has indicated that following […]
More »Thursday, November 29th, 2018
Whilst homeowners and perspective borrowers often use a mortgage broker to handle many of the finance related aspects of a purchase or remortgage transaction, it seems that on occasions, many applicants run the risk of being under insured should future life changing events threaten financial hardship. Personal insurance – our duty of care… It is […]
More »Wednesday, October 24th, 2018
Many prospective homebuyers (or indeed those looking to remortgage an existing property) use the services of a professional mortgage broker to determine what is likely to be very best mortgage deal in all the circumstances. That said, consulting an expert may prove advantageous in other ways too. A Good Mortgage Broker Goes Beyond just Arranging […]
More »Sunday, September 30th, 2018
There still appear to be widespread misconceptions about what a second charge mortgage is, who can have one and how they can be used. A secured loan by another name. In years gone by, this type of finance was known as a “secured loan”, but as the mortgage and finance markets have evolved in recent […]
More »Wednesday, August 29th, 2018
A recent report by Noddle (the credit report service offered by the British arm of the global company TransUnion) suggests that around a quarter of homeowners don’t shop around when it comes to finding a mortgage; they simply select the first one they are accepted for. * It pays to do your research! Jacqueline Dewey, […]
More »Caboodle Financial Services Ltd
SQ2 House
240B Lichfield Road
Four Oaks
Sutton Coldfield B74 2UD
Telephone: 0121 308 9114