Exploring the UK Buy-to-Let Market: Opportunities and Challenges Are you considering entering the dynamic world of buy to let investment? The UK’s buy-to-let (BTL) market has consistently remained a popular choice, allowing individuals to generate rental income from residential properties. However, the BTL market is subject to fluctuations, regulatory changes and economic trends that influence…
Here are 10 reasons why using a broker could be the best option for sourcing lending options and supporting you with your finance needs. Expert advice: Brokers give expert advice on the correct finance structures and options available, which might be solutions not previously considered. Save time and money: Brokers can research the market for…
What is a portfolio landlord? A portfolio landlord is an investor with more than 4 mortgaged investment properties. What additional information might lenders require from portfolio landlords? Following a PRA review in 2017, it was suggested that lenders consider the following when accepting applications from this type of investor: Property portfolio spreadsheet Cashflow forecast spreadsheet…
One of the ways in which we support our clients involves the creation of leases on multi-freehold blocks. Read on to find out more about this strategy and please do get in touch if you would like to discuss this further. How can investors grow their portfolios by splitting the title on multi-freehold blocks of…
In June the Bank of England raised Base Rate for the 5th time to 1.25%, the highest level since 2009, but what does this mean for the world of property investing? Often, when the Bank Rate rises, mortgage lenders follow suit, increasing the cost of borrowing for investors. Investors with variable rate mortgages will see…
Do you have questions about Auction Finance? What does the term actually mean? ?❔ In reality, it is just finance that can be sourced within an auction timescale and the lenders and products available are typically the same you would be able to obtain if you were purchasing a property outside of auction. It is…
It is most definitely possible to arrange a long-term mortgage within an auction timescale, whether you wish to purchase a property to live in yourself or one to rent out, however there are some key points to consider, and it is always advisable to have a back-up plan available. For a property you wish…
We spoke to Rich and Nicki to find out about their highlights of 2021 at Aspire Property Finance “Moving to a new role in the middle of last year might have seemed brave at the time but Nicki and I couldn’t have been happier with the move and how welcoming, professional and fun to work…
Auction sales are becoming increasingly popular, attracting investment properties and investors looking for higher yields on their investments, but what are the benefits of buying property at auction? Choice: A wide range of properties are sold at auction, including those in need of renovation or change of use (subject to planning). This can give the…
A house in multiple occupation is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. It is sometimes called a ‘house share’ – gov.uk website. A House in Multiple Occupation (HMO) can be considered a lucrative investment…