Monday, September 28th, 2020
In life as well as in business, the best lessons are often learned during the most difficult and challenging times, and this sentiment certainly holds with respect to the mortgage market since the onset of the COVID 19 pandemic. With an array of new complexities and added considerations impacting mainstream lenders in recent months (together […]
More »Wednesday, August 26th, 2020
The onset of Coronavirus has certainly created great uncertainty around the world, and it is true to say that in recent months the UK mortgage market has become a little more unpredictable too. A High Demand for Mortgages Conversely, the recently announced stamp duty freeze seems to have whetted would-be homeowner appetites and as a […]
More »Wednesday, July 22nd, 2020
The mortgage market is about to enter a new phase following the end of the many mortgage payment holidays that were taken out by the millions of people who found themselves seriously impacted by COVID-19 during these difficult and unprecedented times. Are There Consequences to Payment Holidays? Although it was a Government initiative and reassurances […]
More »Friday, June 26th, 2020
It is certainly true that all aspects of the property and mortgage market have been affected in some way by the lockdown and trading restrictions associated with the Coronavirus pandemic. Restricted Product Offerings As a consequence of COVID 19, some lenders have restricted their product offerings and even temporarily withdrawn from various finance and mortgage […]
More »Wednesday, May 27th, 2020
According to a recent survey undertaken by Hamptons in March this year, which indicated that tenancy renewals were at their highest since 2008, many buy to let landlords may have received a timely boost. * This is welcome news given that, following recent events, many believed that there would initially be high volatility in the […]
More »Monday, April 27th, 2020
As part of the financial rescue package offered by the Government in the wake of the coronavirus pandemic, a mortgage payment holiday could be just the thing to help many thousands of people in what will be a very difficult period financially over the coming months. Thankfully the majority of mortgage lenders have played their […]
More »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 »Caboodle Financial Services Ltd
Mere Green House
46-48 Mere Green Road
Sutton Coldfield
West Midlands B75 5BT
Telephone: 0121 308 9114