In recent times there have been a lot of commercial properties which have been disposed of both in the auctions and private treaty. The primary cause being that retailers are moving away from the costs, and wastage of a street…
Rates are starting to drop, and there are products that have appeared which are actually below 5%, that too for BTL properties. Only the other day we quoted for a client regarding a remortgage on a 5-year fixed. This drop…
I recently met a client who has hopes of purchasing a property, not just in the prime area of London, but the prime street. She knows the location well, as she currently rents in the same building as where she…
Back in the day during the pre credit crunch era, one could (if done in the right manner) purchase a property with no money down; using the discount as the deposit. The way this would work is instead of a…
We had an enquiry where the client required a remortgage on a large property in Central London, worth about £4.2M. Needless to say this is not a rental yield play. Rents tend to be abysmal in proportion to the property…
There is an intrinsic resistance to purchasing a leasehold property by many investors, in particular Indians. There is a sense of incomplete ownership. Attached to the investment is also a service charge, for which they have no control over. It…
It is said the bank base rate will rise to a peak of 5.75% and then start to decrease. Maybe, maybe not. I’m doubtful if any of these experts know what the game plan is. There is the news on…
The recent Allsop auction results had a sales rate of 76%, this leaves 53 properties left unsold, from the 215 initially offered. This auctioneer in the past used to have results of 90% plus. Obviously, this is an indication of…
We were trying to arrange funding for a small property in London. This was an auction property, where the tenancy was described as unknown. This is common when it comes to repossessions, which this happened to be. This was not…
I recently met a client who wanted to purchase a building but had a couple of late payments on their residential mortgage. This is a big no no for most lenders. They found something which seemed perfect for them in…
