We’re all aware of the benefits, to investors and vendor/tenants alike, that are involved in sale and rentback schemes. Many people reading this blog will undoubtedly have taken the opportunity to save at least one family from repossession and eviction from their home by the lender too, so readers both know that satisfaction and are now reaping the financial rewards…

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If you’re a serious property investor, with a number of investment properties in your portfolio, then I don’t need to tell you the importance of keeping it all cashflow positive. Perhaps the most significant element of this is

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So you’re still looking to buy property No Money Down (NMD) despite the fact every lender out there has withdrawn their support for the strategy, and you’ve found a great property deal, and now you have found the ‘holy grail’ of a NMD finance scheme from somebody you think you can trust, so it’s…

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Our legal fees deals remain extremely competitive throughout May, but with the added benefit of there being no additional leasehold supplement payable on our Solicitors fees for

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In March, mortgage lending by the UK’s major banks fell for the first time in four months, striking a blow to talk of a housing market recovery. The number of mortgages approved for house purchases in March fell to 26,097, down 6.8% from February, and 25% lower than March 2008. The British Bankers’ Association (BBA), [...]

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This post, telling you about some secrets that my good friend and fellow-investor Toby Hone has uncovered, just might save you several thousands of pounds over the next few years, so read it now, before it’s too late…
I was chatting with one of our solicitors on Monday, discussing how many (unwise!) investors have been narrowly [...]

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The Bank of England (BOE) has yesterday cut interest rates to 0.5%, yet another record low, and says it will now also boost the money supply to help revive the economy.
Interest rates have now been reduced six times in less than six months, since October 2008, and the latest cut from February’s 1% was expected.

The Bank [...]

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Cast your mind back 12 months and recall how many mortgage products were available to BTL property investors then: several thousand at a guess. Wind the clock forward just a few weeks and you may remember that BTL mortgage products were being withdrawn by lenders at the rate of 30+ per week.
Fast forward to last [...]

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The Bank of England has today reduced the Bank Base Rate (BBR) from the previous 1.5% record low to a new record low interest rate of 1% in an attempt to save the UK economy that is now officially in recession.
The graph below traces the Bank of England’s Official Bank Rate since 1951: 

Copied from: http://news.bbc.co.uk/1/hi/business/7871932.stm
This [...]

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Mortgage Express (MX) are waiving Early Repayment Charges (ERCs) for people who pay off their mortgage between 1st February 2009 and 30th June 2009.
Bradford & Bingley will be sending out letters to all MX clients over the next week or so, but this is advance notice for our clients.
Now Mortgage Express are no longer able [...]

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