Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • How do I apply for a bridging loan?
    For anyone wanted to take advantage of the flexible, short-term nature of bridging loans, it will be a relief to find out that the application process is not too complicated. With some guidance and preparation, it can be a pain-free process. The initial conversation with a bridging finance broker Before applying for a bridging loan,... The post How do I apply for a bridging loan? appeared first on...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • How does open bridging finance work?
    Whereas a closed bridging loan has a fixed repayment date, an open bridging loan does not, and this often leads people to ask questions about how they work and what they might be used for. The exit strategy All bridging loan borrowers need to have an exit strategy, which is a plan for when and... The post How does open bridging finance work? appeared first on Ascot Mortgages.
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • How does closed bridging finance work?
    There are two main types of bridging finance – open and closed. In this article, we’re going to look at how closed bridging finance works. An open bridging loan has no fixed repayment date, but it is a short-term loan for a period of up to two years. Repayment is expected before the loan period... The post How does closed bridging finance work? appeared first on Ascot Mortgages.
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • What will an increase in the bank rate mean for borrowing?
    This month, the Bank of England indicated that it may soon raise the interest rate. If this happens, it will affect people or businesses that borrow money. An increase in the Bank of England interest rate will immediately raise the monthly payments for some standard and commercial mortgages. Tracker mortgages are linked to the Bank... The post What will an increase in the bank rate mean for borrow...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • How do the new affordability rules work?
    New affordability rules come into force on September 30, and apply to landlords who already have four or more mortgaged properties when they apply for a new mortgage. The new rules do not apply to all landlords, but just to what are known as ‘portfolio landlords’. These are landlords with four or more properties that... The post How do the new affordability rules work? appeared first on Ascot Mort...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Could loophole save couples’ stamp duty charges?
    If someone buys a second home, they normally have to pay 3% stamp duty, but a legal loophole may have been found that could save couples paying this. According to an article in the Daily Telegraph from September 2017, to use the loophole, a couple would need to live in the new home while renting... The post Could loophole save couples’ stamp duty charges? appeared first on Ascot Mortgages.
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Number of buy-to-let mortgages surges
    There are now 1,725 different buy-to-let commercial mortgages available from a large number of lenders. This is the highest number since late 2007, almost 10 years ago, when 1,942 buy-to-let mortgage products were available. These figures were announced by the website MoneyFacts in September 2017. At the beginning of 2017, there was a notable fall... The post Number of buy-to-let mortgages surges ...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Commercial property market remains resilient
    Though there have been many recent challenges, the commercial property market shows signs of being resilient, says an article published at iii.co.uk. Following the Brexit vote, funds that invest in UK commercial property lost value. Some investment funds suspending trading, but trading returned after a few months. Emil Ahmed, writing for iii.co.uk, assessed the current... The post Commercial prope...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • New affordability changes for portfolio landlords just weeks away
    On September 30, new underwriting rules by the Pension Regulations Authority come into force, which introduces stricter affordability tests for portfolio landlords. A portfolio landlord is the name given to one who has at least four properties that are mortgaged using buy-to-let commercial mortgages. Although not all lenders have published exactly how they will implement... The post New affordabil...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Tropical hurricanes highlight the need for commercial insurance
    The tropical storms that have devastated areas of the Caribbean, Texas, and Florida are affecting the US mortgage commercial mortgage market, a September 2017 FT.com article has suggested. Many of the buildings in the path of Hurricane Irma have been used as security for mortgage loans. Though businesses have insured their property, not all policies... The post Tropical hurricanes highlight the ne...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • One in three renters believe they will never own their own home
    A survey has revealed that 31% of people who rent their home feel that they will never own property. One of the main reasons for this is the high cost of deposits for new homes. The survey, carried out by Bilendi and cited in a September 2017 LandlordNews.co.uk article, questioned 2,000 people who rent their... The post One in three renters believe they will never own their own home appeared first...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Demand for commercial property rises from buy-to-let landlords
    The Royal Institute of Chartered Surveyors has reported that demand for commercial property in the UK has risen in 2017, according to an August 2017 article. Some of the increased demand for commercial properties comes from landlords whose buy-to-let profit margins have been reduced by increased stamp duty and taxes. Investing in commercial property can... The post Demand for commercial property r...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Could we be set for a buy-to-let mortgage war?
    Due to increased stamp duty and cuts to the tax relief on commercial mortgage interest payments, there has been less demand for buy-to-let mortgages, which has caused some lenders to reduce interest rates, reported The Telegraph in August 2017. The buy-to-let finance index has revealed that demand for buy-to-let mortgages has fallen by around 23%... The post Could we be set for a buy-to-let mortga...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Over £11bn invested in London commercial property this year
    Estate agents Savills has revealed that £2.3 billion was invested in the London commercial property market in July 2017, bringing the total invested this year to £11.5bn. This is a 24% increase on the figures from July 2016, and it is expected that the total invested by the end of 2017 will easily exceed last... The post Over £11bn invested in London commercial property this year appeared first on...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Harvey storm puts commercial properties at risk
    The Harvey tropical storm has highlighted the impact that flooding can have on commercial properties. Many commercial properties in Texas have outstanding commercial mortgages and a few companies risk defaulting on payments because flood damage has prevented them trading. Many business premises in the United States do not have adequate flood insurance. Owners of businesses... The post Harvey storm...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Landlords can release money from buy to let properties
    Buy to let landlords are now able to release equity from their properties without being forced to sell. There are a number of companies offering equity release plans for property, but these are restricted to the main homes where people live. An income or lump sum is paid to the homeowners in return for a... The post Landlords can release money from buy to let properties appeared first on Ascot Mor...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Will student housing be affected by Brexit?
    It is unclear how the Brexit negotiations will affect the issue of visas for overseas students, but if the number of overseas students studying in Britain falls, then this could affect the student housing market, as an August 2017 Evening Standard article notes. Last week’s publishing of A Level results will mean many students have... The post Will student housing be affected by Brexit? appeared f...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Commercial mortgage rates to no longer be based on LIBOR
    The Financial Conduct Authority (FCA) has announced that, from 2021, it will no longer use LIBOR as a benchmark. The LIBOR rate affects the cost that financial organisations pay to raise the money they use to provide loans. Most variable rate commercial mortgage interest rates are tied to the LIBOR rate and fluctuate according to... The post Commercial mortgage rates to no longer be based on LIBOR...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Demand for office space rises despite Brexit uncertainty
    The British Council for Offices (BCO) has predicted that office space employment will continue to rise in the next decade, and this should not be negatively affected by Brexit. Major cities like Birmingham, Manchester, and Liverpool will, according to the BCO, continue to experience high demands for office space, but some smaller cities could see... The post Demand for office space rises despite B...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Flexible office sector grows in 2017
    Flexible office spaces are in high demand, and this sector of the commercial property market is growing. In London, the US-based Carlyle equity fund bought three London buildings to convert to flexible office space. British Land, a traditional British office landlord, has announced that it is launching its own flexible office space brand. These deals... The post Flexible office sector grows in 201...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • RLA concerned about shortage of privately rented accommodation
    A new survey by the Residential Landlords Association (RLA) highlights the decrease in the number of privately rented accommodation available for tenants. According to an August 2017 article on the RLA website, around 3,000 landlords were surveyed and 22% said that they intend to one or more property. Only 18% plan to buy more properties.... The post RLA concerned about shortage of privately rente...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Using a bridging loan for unmortgageable property
    There are a number of reasons why a property may not be eligible for a mortgage. In many cases, a bridging loan can be used to finance unmortgageable property transactions. Derelict and uninhabitable property A derelict property deemed unfit for human habitation will probably not qualify for a mortgage. After the necessary building work has... The post Using a bridging loan for unmortgageable prop...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • The must-know facts of bridging finance
    A bridging loan is a short-term flexible loan that can be arranged much more quickly than many other alternatives, but what else do you know about this fast-growing finance option? Bridging finance uses The majority of bridging loans are used to quickly complete property purchases and are particularly useful for purchasing a home before the... The post The must-know facts of bridging finance appea...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Changes affecting portfolio landlords start in seven weeks
    New rules for lending to portfolio landlords come into effect on September 30. Portfolio landlords are defined as ones who own four or more properties. The new regulations affect the underwriting of commercial mortgages by lenders. The rules are designed to ensure that a landlord’s business is profitable so that they can afford to keep... The post Changes affecting portfolio landlords start in sev...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Buy-to-let investors look to Manchester
    Manchester has become an increasingly popular investment area for buy-to-let investors, an August 2017 FT.com article reports. During the last 10 years, London has been the favourite area for buy-to-let investors, with three times as many landlords buying houses in London compared to the North West of England. This is mainly due to the large... The post Buy-to-let investors look to Manchester appe...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • Commercial property capital growth and rents grow marginally in July
    The latest CBRE monthly index shows that UK commercial property values increased by 0.4% during July 2017. This increase was boosted by the higher performing industrial sector. Rents rose by an average of 0.1%. In the retail sector, capital growth was 0.2% for July and office property rose by 0.3%. The highest growth in commercial... The post Commercial property capital growth and rents grow margi...
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • How commercial mortgage lenders are tackling money laundering
    Money laundering is a serious offense, especially when used by terrorist organisations. When assessing risks on commercial mortgage loans, lenders take steps to spot potential laundering activities. As detailed in an August 2017 MortgageFinanceGazette.com article, in the past, most money laundering activities connected to property were from cash buyers, usually by overseas businesses paying cash.....
Ascot Mortgages Ltd
Ascot Mortgages Ltd
Blog Post

New blog articles detected.

  • “Build to rent” development gets government boost
    It is estimated that Britain needs a million new homes in the next few years, and is encouraging the construction of new accommodation for the privately rented sector. According to an August 2017 article on Propertywire.com, 7,600 homes are being built in London’s Wembley Park. Of these 6,800 will be available to rent. The project... The post “Build to rent” development gets government boost appea...

Out-Market Your Competitors?

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account Log in

By signing up, you agree to the Terms of Service and Privacy Policy.

Out-Market Your Competitors

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account

Already a user?  Log in

By signing up, you agree to the Terms of Service and Privacy Policy.