A common bridging loan use leading to new potential problems
Traditionally bridging loans have been used to bridge the financial gaps that sometimes occur when buying and selling property that is also your residential home. These gaps occur when following agreed...
View ArticleBuy to let property, a simple guide
The first step to make is to do your homework, and research thoroughly. It is important to investigate the area or areas that you are thinking of buying your investment property in. Use the local...
View ArticleDo your homework before making a bid at auction
So often we at KIS are finding ourselves having to quickly arrange bridging finance for people who have bid at property auction without doing their homework! Typically this will involve making a...
View ArticleHow the credit crunch has changed the way that we borrow
Four years on from the credit crunch and it is still much more difficult to obtain many finance facilities when compared to the four years before the credit crunch. This increased difficulty has seen...
View ArticleGrowth of bridging loans and let to buy mortgages due to a difficult property...
When funds are required in order to maintain a place in a property sale chain, bridging loans are often the preferred method of finance and have been used for this purpose for many years. Due to the...
View ArticleHow the new bridge to let facility can prove to be useful
Property investors and landlords often use bridging loans to aid their purchase of properties, particularly when buying at auction. The main reason for using a bridging loan as opposed to a buy to let...
View ArticleHouse prices to rise 10% in 2014 to reach the peak levels seen in 2007
In February this year house prices were 9.4% higher than they were in February 2013. These increases continue to be driven by a shortage of new homes, as still only 50% of the increased demand is being...
View ArticleRental incomes are starting to slow down, so should landlords be worried?
A while ago I wrote about how rents for residential letting properties were at record high levels and still rising. This was due to a rapid rise in demand for rental properties caused in part by a...
View ArticleNew mortgage regulations have come into force and lenders do still want to lend
The new Mortgage Market Review (MMR) regulatory changes came into effect over the weekend. Many lenders and mortgage brokers had already switched before the weekend and are successfully operating to...
View ArticleWill it really be any harder to get a mortgage following the Mortgage Market...
There has been lots of speculation in the media recently surrounding the MMR. It is true that the changes which have taken effect over the weekend will mean that a more in depth discussion about income...
View Article
