What is a Bridging Loan? Many house buyers experience an awful situation where their dream home is discovered but their current property is not sold yet. Or maybe it is on the market but a worthy buyer is not found yet. This would mean a lower price for selling...
Demand for bridging loans is climbing since more and more small businesses are flourishing and requiring more funds to expand their operations. Earlier, Bridging Finances have been typically used for the property; for regular repairs, renovations or to purchase the assets fast. However, an increasing number of small and...
Buying property at auction is exciting as well as exhilarating. You don’t need to get into long and complicated purchasing procedure and with the fall of a hammer, the property is yours. Why is an auction better? Vast Variety – Buying a property is like a dream. People wait...
Bridging Loan As the name suggests, Bridging Loans are considered as a bridge for the short-term financial support granted by banks and financial institutions to the applicant to replenish the monetary gap between two property transactions. These loans are designed to fulfill a buyer’s financial need to complete the...
Is starting your property portfolio on your wish list this year? It certainly seems like 2017 may be the year many people take their first steps onto the property ladder, with the latest polls showing that barriers to home ownership have fallen to their lowest level in 6 years. Here...
Maybe you were just reading the newspaper one Sunday afternoon and in the property section, learned about a beautiful house on sale in Manchester; and you decided to buy it right away. However, much like all the time, you’re short on budget. You don’t have sufficient to pay even...
Bridging loans are a short-term funding option. They are used to ‘bridge’ a gap between selling your home and buying a new one. A bridging loan can also be used to renovate your property and act as a short-term loan in pressing circumstances. Types of Bridging Loan: Commercial Bridge...
The latest data from CML regarding the traits of lending in the capital during Q3 2014 has shown that the market grew in both house purchase and remortgage activity compared to Q2. First-time buyer loans totalled 13,300 in the third quarter in London – 8% up on the previous...
UK commercial property provides investors with strongest returns in 2014 as returns swelled to just above 20% in the year to October. Global Equities at a record high Global Equities rose to a record monthly high in October providing returns, as measured by the MSCI World Total Returns Index,...
What will the housing market look like in 2040? – Heriot-Watt University analysed trends affecting the housing market, looking at factors such as economic and income growth, changes in house prices, housing supply and rent levels. Taken from the start of the recession in 2008, the report found that...